Abandonment of Agreement. This Plan of Merger may be abandoned by either the Mutual Holding Company or the Bank at any time before the Effective Date in the manner set forth in Section 24 of the Plan of Conversion.
Abandonment of Agreement. This Agreement may be terminated and the transaction hereby contemplated abandoned at any time prior to the Closing Date, whether before or after the approval and adoption hereof by the shareholders of each Company by (a) the mutual consent of the Board of Directors of Company and Buyer or (b) the Board of Directors of the Company if any condition to its obligations provided in this Agreement has not been met at the time such condition is to be met and has not been waived by it, or (c) by the Board of Directors of Buyer, if any condition to its obligations provided in this Agreement has not been met at the time such condition is to be met and has not been waived by it.
Abandonment of Agreement. Notwithstanding any of the provisions of this Agreement, the Boards of Directors of the Constituent Corporations, at any time before or after the approval by shareholder of any of them, and prior to the Effective Time, and for any reason they may deem sufficient and proper, shall have the power and authority to abandon and refrain from making effective the contemplated Merger as set forth herein; in which case this Agreement shall thereby be cancelled and become null and void.
Abandonment of Agreement. If by reason of the provisions of Paragraphs 11 or 12 above either party is not obligated to effectuate the reorganization, then either party which is not so obligated may terminate and abandon this agreement by delivering to the other party written notice of termination prior to the time of closing, and thereupon this agreement shall be terminated without further obligation or liability upon either party in favor of the other.
Abandonment of Agreement. This Agreement may be terminated and the transaction hereby contemplated abandoned at any time prior to the Closing Date, whether before or after the approval and adoption hereof by a party by (a) the mutual consent of the parties, (b) by Purchaser, if any condition to his obligations provided in this Agreement has not been met at the time such condition is to be met and has not been waived by him and (c) by the Seller, if any condition to its obligations provided in this Agreement has not been met at the time such condition is to be met and has not been waived by him.
Abandonment of Agreement. Notwithstanding any of the provisions of this Agreement, the Board of Directors of IDS Life, at any time before or after approval by the sole shareholder of either or both Constituent Corporations and prior to the effective date of the Merger herein contemplated, and for any reason it may deem sufficient and proper, shall have the power and authority to abandon and refrain from making effective the contemplated Merger as set forth herein; in which case this Agreement shall thereby be cancelled and become null and void.
Abandonment of Agreement. This Agreement may be terminated at any time prior to the Closing Date:
(a) by the mutual consent of both parties hereto; or
(b) by Seller if any of the conditions provided in Article VII hereof have not been met by the time required and have not been waived; or
(c) by Buyer if any of the conditions provided in Article VIII hereof have not been met by the time required and have not been waived;
(d) by any party hereto if the FCC has denied any of the assignments contemplated by this Agreement;
Abandonment of Agreement. This Agreement may be abandoned by the Bank or the Corporation at any time before the Effective Date in the event that (a) any action, suit, proceeding or claim has been instituted, made or threatened relating to the Agreement which shall make consummation of the transactions contemplated hereby inadvisable in the opinion of the Bank or the Corporation or (b) for any other reason consummation of the transactions contemplated hereby is inadvisable in the opinion of the Bank or the Corporation. Such abandonment shall be effected by written notice by the Bank or the Corporation to the other Party hereto, authorized or approved by the Board of Directors of the Party giving such notice. Upon the giving of such notice, this Agreement shall be terminated and there shall be no liability hereunder or on account of such termination on the part of the Bank or the Corporation or the directors, officers, employees, agents or stockholders of any of them. In the event of abandonment of this Agreement, the Bank shall pay the fees and expenses incurred by itself and the Corporation in connection with this Agreement and the Share Exchange.
Abandonment of Agreement. This Agreement may be terminated by Sellers or Buyer at any time prior to the Closing Date:
(a) by the mutual consent of both parties hereto; or
(b) by Sellers if any of the conditions provided in Article VII hereof has not been timely met and cannot be met on or before June 30, 2007 (other than as a result of a breach of this Agreement by Sellers) and has not been waived, provided Sellers are not then in material breach of this Agreement; or
(c) by Buyer if any of the conditions provided in Article VIII hereof has not been timely met by and cannot be met on or before June 30, 2007 (other than as a result of a breach of this Agreement by Buyer) and has not been waived, provided Buyer is not then in material breach of this Agreement.
Abandonment of Agreement. At any time prior to the merger of Existing CME into and with Transitory, Transitory may abandon this Agreement by appropriate resolution of its Board of Directors, notwithstanding prior Member approval. No Person shall have any rights or claims against either Constituent Corporation or its respective Board of Directors based on the abandonment of this Agreement.
