Common use of Reservation of Right to Revise Transaction Clause in Contracts

Reservation of Right to Revise Transaction. NBC may at any time change the method of effecting the acquisition of FFBS or Thrift by NBC, and FFBS shall cooperate in such efforts, if and to the extent NBC deems such change to be desirable and subject to FFBS's approval (which approval shall not be unreasonably withheld); provided, however, that no such change shall (A) alter or change the amount or kind of consideration to be issued to holders of FFBS Common Stock as provided for in this Agreement (the "Merger Consideration"), (B) adversely affect the tax treatment to FFBS's shareholders as a result of receiving the Merger Consideration, (C) adversely affect the qualification of the Parent Merger as a pooling of interests for accounting and financial reporting purposes or (D) materially delay the consummation of the transactions contemplated by this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (FFBS Bancorp Inc), Merger Agreement (FFBS Bancorp Inc), Merger Agreement (NBC Capital Corp)