Common use of Agreements with Regulatory Authorities Clause in Contracts

Agreements with Regulatory Authorities. Purchaser is not a party to any written order, decree, agreement or memorandum of understanding with, or commitment letter or similar submission to, any federal or state governmental agency or authority, that such authority is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum of understanding, commitment letter or submission, which order, decree, agreement, memorandum of understanding, commitment letter or submission either (i) could reasonably be expected to prevent or impair the ability of Purchaser to perform its obligations under this Agreement in any material respect or (ii) could impair the validity or consummation of this Agreement or the transactions contemplated hereby.

Appears in 5 contracts

Samples: Purchase Agreement (Great Lakes Bancorp, Inc.), Purchase Agreement (Legacy Bancorp, Inc.), Purchase Agreement (First Niagara Financial Group Inc)

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