Common use of Agreements of Affiliates Clause in Contracts

Agreements of Affiliates. FFBS shall use its best efforts to cause each person who may be at the Effective Time or was on the date hereof an "affiliate" of FFBS for purposes of Rule 145 under the Securities Act or of determining the qualification of the Parent Merger as a pooling of interests for accounting and financial reporting purposes, to execute and deliver to NBC, no less than 45 days prior to the date of the meeting of FFBS shareholders to approve the Parent Merger, the written undertakings in the form attached hereto as Exhibit 1.5(f). On or prior to such delivery date, FFBS shall provide NBC with a letter specifying, to the best of its knowledge, all of the persons who may be deemed to be "affiliates" of FFBS under the preceding sentence.

Appears in 4 contracts

Samples: Merger Agreement (FFBS Bancorp Inc), Merger Agreement (NBC Capital Corp), Merger Agreement (FFBS Bancorp Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!