Additional Due Diligence Period. The Parties may extend the Due Diligence Period beyond the Second Due Diligence Period upon terms and conditions mutually- agreeable and approved by the Township Council.
Additional Due Diligence Period. The parties hereto acknowledge that, Mahaska shall have the opportunity to complete its due diligence review of the Company and the Company Subsidiaries year end loan files. Mahaska will initiate a pre-acquisition investigation and review of the year end loan files of the Company and the Company Subsidiaries on March 1, 1999, and will complete such pre-acquisition investigation during the 20-day period following such date (hereinafter said 20-day period is referred to as the "Year End Loan File Due Diligence Period"). In the event that such pre-acquisition investigation and review discloses any matter (including, without limitation, any matter existing on or prior to the date of this Agreement), which (in Mahaska's opinion) is inconsistent in any material respect with any of the representations and warranties of the Company contained in this Agreement or might materially and adversely affect either the reasonably expected financial or business benefits to Mahaska of the Merger or the results of operations, condition (financial or otherwise) or business of the Company, the Bank or the Surviving Corporation, Mahaska may elect to require the Company to increase its Loan Loss Reserves by the "Year End Due Diligence Amount," in its reasonable discretion, immediately prior to Closing and after all conditions in Articles V-VII have been satisfied or waived, provided, however, such adjustment shall constitute a "conforming reporting change" pursuant to Section 6.2.
Additional Due Diligence Period. The parties hereto acknowledge that, Mahaska shall have the opportunity to complete its due diligence review of the Company and the Company Subsidiaries year end loan files. Mahaska will initiate a pre-acquisition investigation and review of the year end loan files of the Company and the Company Subsidiaries on March 1, 1999, and will complete such pre-acquisition investigation during the 20-day period following such date (hereinafter said 20-day period is referred to as the "Year End Loan File Due Diligence
