The Lock. Up Agreements shall have been delivered to the Underwriter. If any of the conditions specified in this Section 5 shall not have been fulfilled when and as required by this Agreement, this Agreement may be terminated by the Underwriter on notice to the Company at any time at or prior to the Closing Time, and such termination shall be without liability of any party to any other party, except as provided in Section 4 of this Agreement. Notwithstanding any such termination, the provisions of Sections 4, 6, 7, 10 and 12 of this Agreement shall remain in effect.
Appears in 2 contracts
Sources: Underwriting Agreement (American Community Bancshares Inc), Underwriting Agreement (Somerset Hills Bancorp)