Common use of Activity in the Ordinary Course Clause in Contracts

Activity in the Ordinary Course. From the date hereof until the Closing Date, except (a) as set forth on Schedule 7.1 of the Seller Disclosure Schedule, (b) as may be required by a Regulatory Authority or applicable law or (c) as contemplated hereby, Seller (v) will, with respect to the Branches, the Assets and the Assumed Liabilities, use its reasonable best efforts to preserve its business relationships with depositors and Obligors, (w) will maintain the Branches in their current condition, ordinary wear and tear excepted, (x) use its reasonable best efforts to conduct the business of the Branches and preserve the Assets and Assumed Liabilities in all material respects in the ordinary and usual course of business consistent with past practice, (y) maintain the Loans and Deposits at their current designated branches except as otherwise expressly provided herein, and (z) shall not, without the prior written consent of Purchaser (such consent not to be unreasonably withheld, conditioned or delayed):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Pathfinder Bancorp, Inc.)

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Activity in the Ordinary Course. From the date hereof until the Closing Date, except (ai) as set forth on Schedule 7.1 of the Seller Disclosure Schedule, (bii) as may be required by a Regulatory Authority or applicable law or (ciii) as contemplated hereby, Seller (va) will, with respect to the Branches, the Assets and the Assumed Liabilities, use its reasonable best efforts to preserve its business relationships with depositors and Obligorscustomers related to the Loans, (wb) will maintain the Branches in their current condition, ordinary wear and tear excepted, (xc) use its reasonable best efforts to conduct the business of the Branches and preserve the Assets and Assumed Liabilities in all material respects in the ordinary and usual course of business consistent with past practice, (y) maintain the Loans and Deposits at their current designated branches except as otherwise expressly provided herein, and (zd) shall not, without the prior written consent of Purchaser (such consent not to be unreasonably withheld, conditioned or delayed):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First Financial Corp /In/)

Activity in the Ordinary Course. From the date hereof until the Closing Date, (i) except (a) as set forth on in Schedule 7.1 of the Seller Disclosure Schedule, (bii) as may be required by a Regulatory Authority or applicable law or (ciii) as contemplated otherwise expressly provided hereby, Seller (va) will, with respect to the BranchesOffice, the Assets and the Assumed Liabilities, use its commercially reasonable best efforts to preserve its business relationships with depositors and Obligorsborrowers, (wb) will maintain the Branches Office in their its current condition, ordinary wear and tear excepted, (xc) use its commercially reasonable best efforts to conduct the business of the Branches Office and preserve the Assets and Assumed Liabilities in all material respects in the ordinary and usual course of business consistent with past practice, (y) maintain the Loans and Deposits at their current designated branches except as otherwise expressly provided herein, practice and (zd) shall not, without the prior written consent of Purchaser (such consent not to be unreasonably withheld, conditioned or delayed):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (CenterState Banks, Inc.)

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Activity in the Ordinary Course. From the date hereof until the Closing Date, except (ai) as set forth on Schedule 7.1 of the Seller Disclosure Schedule, (bii) as may be required by a Regulatory Authority or applicable law or (ciii) as contemplated hereby, Seller (va) will, with respect to the Branches, the Assets and the Assumed Liabilities, use its reasonable best efforts to preserve its business relationships with depositors and Obligorswith the obligors of Loans, (wb) will maintain the Branches in their current condition, ordinary wear and tear excepted, (xc) use its reasonable best efforts to conduct the business of the Branches and preserve the Assets and Assumed Liabilities in all material respects in the ordinary and usual course of business consistent with past practice, (y) maintain the Loans and Deposits at their current designated branches except as otherwise expressly provided herein, and (zd) shall not, without the prior written consent of Purchaser (such consent not to be unreasonably withheld, conditioned or delayed):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (COMMUNITY BANK NA, a Subsidiary of Community Bank System Inc.)

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