Right to Intervene. Prior to the Closing, in the event that any claim, demand, suit or other proceeding is instituted or threatened against the Purchaser relating to this Agreement or the Assets transferred to or the Assumed Liabilities assumed by the Purchaser hereunder, the Seller shall have the right, at its discretion and expense, to intervene in such matter, and the Purchaser hereby agrees to give prompt and prior notice thereof to the Seller and consents to such intervention.
Appears in 1 contract
Sources: Branch Purchase and Assumption Agreement (Blue River Bancshares Inc)
Right to Intervene. Prior to the Closing, in In the event that any claim, demand, suit demand or other proceeding Proceeding is instituted or threatened against the Purchaser for which the Seller may have liability relating to this Agreement or Agreement, the Assets transferred to or the Assumed Liabilities assumed by the Purchaser hereunderLiabilities, the Seller shall have the right, at its discretion and expense, to intervene in such matter, and the Purchaser hereby agrees to give prompt and prior notice thereof to the Seller and consents to such intervention.
Appears in 1 contract
Sources: Branch Purchase and Assumption Agreement (First Mid Illinois Bancshares Inc)
Right to Intervene. Prior to the Closing, in In the event that any claim, demandprotest, suit or other proceeding is instituted or threatened against the Purchaser relating to this Agreement Agreement, the Deposit Liabilities or the Loans, other Assets or liabilities transferred to or the Assumed Liabilities assumed by the Purchaser hereunder, the Seller shall have the right, at its discretion and expense, to intervene in such matter, and the Purchaser hereby agrees to give prompt and prior notice thereof to the Seller thereof and consents to such intervention.
Appears in 1 contract
Sources: Purchase and Assumption Agreement (Hopfed Bancorp Inc)
Right to Intervene. Prior to the Closing, in In the event that any claim, demandprotest, suit or other proceeding is instituted or threatened against the Purchaser or Seller relating to this Agreement or the Loans, other Assets or liabilities transferred to or the Assumed Liabilities assumed by the Purchaser hereunder, the Seller and Purchaser shall have the right, at its their discretion and expense, to intervene in such matter, and the Purchaser each party hereby agrees to give prompt and prior notice thereof to the Seller other party and consents to such intervention.
Appears in 1 contract
Sources: Branch Purchase and Assumption Agreement (DCB Financial Corp)
Right to Intervene. Prior to the Closing, in In the event that any claim, demandprotest, suit or other proceeding is instituted or threatened against the Purchaser relating to this Agreement or the Loans, other Assets or liabilities transferred to or the Assumed Liabilities assumed by the Purchaser hereunder, the Seller shall have the right, at its discretion and expense, to intervene in such matter, and the Purchaser hereby agrees to give prompt and prior notice thereof to the Seller and consents to such intervention.
Appears in 1 contract
Sources: Purchase and Assumption Agreement (Ohio Legacy Corp)
Right to Intervene. Prior to the Closing, in In the event that any claim, demandprotest, suit or other proceeding is instituted or threatened against the Purchaser relating to this Agreement or the Loans, other Assets or liabilities transferred to or the Assumed Liabilities assumed by the Purchaser hereunder, the Seller shall will have the right, at its discretion and expense, to intervene in such matter, and the Purchaser hereby agrees to give prompt and prior notice thereof to the Seller and consents to such intervention.
Appears in 1 contract
Sources: Branch Purchase and Assumption Agreement (First Bancorp, Inc /ME/)
Right to Intervene. Prior In the event that, prior to the Closing, in the event that any claim, demandprotest, suit or other proceeding is instituted or threatened against the Purchaser relating to Buyer in connection with this Agreement or the Assets transferred to or the Assumed Liabilities assumed by the Purchaser hereunderAgreement, the Seller shall have the right, at its discretion and expense, to intervene in such matterlitigation, and the Purchaser Buyer hereby agrees to give prompt and prior notice thereof to the Seller and consents to such intervention.
Appears in 1 contract
Sources: Purchase and Assumption Agreement (First Western Bancorp Inc)