Common use of Notices; Reports Clause in Contracts

Notices; Reports. BAB will promptly notify GBB of any event ---------------- of which BAB obtains knowledge which has had or may have a materially adverse effect on the financial condition, operations, business or prospects of BAB on a consolidated basis, or in the event that BAB determines that it is unable to fulfill any of the conditions to the performance of GBB's obligations hereunder, as set forth in Article 9 or 11 herein, and BAB will furnish GBB (i) as soon as available, and in any event within one Business Day after it is mailed or delivered to the Board of Directors of BAB or BABANK or committees thereof, any report by BAB or BABANK for submission to the Board of Directors of BAB or BABANK or committees thereof, provided, however, that BAB need not furnish to GBB communications of BAB's legal counsel regarding BAB's rights and obligations under this Agreement or the transactions contemplated hereby, or books, records and documents covered by confidentiality agreements or the attorney-client privilege, or which are attorneys' work product, (ii) as soon as available, all proxy statements, information statements, financial statements, reports, letters and communications sent by BAB to its shareholders or other security holders, and all reports filed by BAB or BABANK with the FRB, the FDIC or the DFI, and (iii) such other existing reports as GBB may reasonably request relating to BAB or BABANK.

Appears in 1 contract

Sources: Merger Agreement (Bay Area Bancshares)

Notices; Reports. BAB BOP will promptly notify GBB of any event of ---------------- of which BAB BOP obtains knowledge which has had or may have a materially adverse effect on the financial condition, operations, business or prospects of BAB on a consolidated basisBOP, or in the event that BAB BOP determines that it is unable to fulfill any of the conditions to the performance of GBB's obligations hereunder, as set forth in Article Articles 9 or 11 herein, and BAB BOP will furnish GBB (i) as soon as available, and in any event within one Business Day after it is mailed or delivered to the Board of Directors of BAB or BABANK BOP or committees thereof, any report by BAB or BABANK BOP for submission to the Board of Directors of BAB or BABANK BOP or committees thereof, provided, however, that BAB BOP need not furnish to GBB communications of BABBOP's legal counsel regarding BABBOP's rights and obligations under this Agreement or the transactions contemplated hereby, or books, records and documents covered by confidentiality agreements or the attorney-client privilege, or which are attorneys' work product, (ii) as soon as available, all proxy statements, information statements, financial statements, reports, letters and communications sent by BAB BOP to its shareholders or other security holders, and all reports filed by BAB or BABANK BOP with the FRB, the FDIC or the DFI, and (iii) such other existing reports as GBB may reasonably request relating to BAB or BABANKBOP.

Appears in 1 contract

Sources: Merger Agreement (Greater Bay Bancorp)

Notices; Reports. BAB will promptly notify GBB of any event of ---------------- of which BAB obtains knowledge which has had or may have a materially adverse effect on the financial condition, operations, business or prospects of BAB on a consolidated basis, or in the event that BAB determines that it is unable to fulfill any of the conditions to the performance of GBB's obligations hereunder, as set forth in Article 9 or 11 herein, and BAB will furnish GBB (i) as soon as available, and in any event within one Business Day after it is mailed or delivered to the Board of Directors of BAB or BABANK or committees thereof, any report by BAB or BABANK for submission to the Board of Directors of BAB or BABANK or committees thereof, provided, however, that BAB need not furnish to GBB communications of BAB's legal counsel regarding BAB's rights and obligations under this Agreement or the transactions contemplated hereby, or books, records and documents covered by confidentiality agreements or the attorney-client privilege, or which are attorneys' work product, (ii) as soon as available, all proxy statements, information statements, financial statements, reports, letters and communications sent by BAB to its shareholders or other security holders, and all reports filed by BAB or BABANK with the FRB, the FDIC or the DFI, and (iii) such other existing reports as GBB may reasonably request relating to BAB or BABANK.

Appears in 1 contract

Sources: Merger Agreement (Greater Bay Bancorp)

Notices; Reports. BAB BSC will promptly notify GBB of any event of ---------------- of which BAB BSC obtains knowledge which has had or may have a materially adverse effect on the financial condition, operations, business or prospects of BAB BSC on a consolidated basis, or in the event that BAB BSC determines that it is unable to fulfill any of the conditions to the performance of GBB's obligations hereunder, as set forth in Article Articles 9 or 11 herein, and BAB BSC will furnish GBB (i) as soon as available, and in any event within one Business Day after it is mailed or delivered to the Board of Directors of BAB or BABANK BSC or committees thereof, any report by BAB or BABANK BSC for submission to the Board of Directors of BAB or BABANK BSC or committees thereof, provided, however, that BAB BSC need not furnish to GBB communications of BABBSC's legal counsel regarding BABBSC's rights and obligations under this Agreement or the transactions contemplated hereby, or books, records and documents covered by confidentiality agreements or the attorney-client privilege, or which are attorneys' work product, (ii) as soon as available, all proxy statements, information statements, financial statements, reports, letters and communications sent by BAB BSC to its shareholders or other security holders, and all reports filed by BAB or BABANK BSC with the FRB, the FDIC or the DFI, and (iii) such other existing reports as GBB may reasonably request relating to BAB or BABANKBSC.

Appears in 1 contract

Sources: Merger Agreement (Greater Bay Bancorp)