Common use of Approval Delays Clause in Contracts

Approval Delays. To the Knowledge of Acquiror, there is no reason why the granting of any of the Requisite Regulatory Approvals would be denied or unduly delayed. Acquiror Bank’s most recent CRA rating was “satisfactory” or better.

Appears in 11 contracts

Samples: Merger Agreement (First Busey Corp /Nv/), Merger Agreement (First Busey Corp /Nv/), Merger Agreement (Alerus Financial Corp)

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Approval Delays. To the Knowledge of Acquirorthe Company, there is no reason why the granting of any of the Requisite Regulatory Approvals would be denied or unduly delayed. Acquiror The Bank’s most recent CRA rating was “satisfactory” or better.

Appears in 11 contracts

Samples: Merger Agreement (First Busey Corp /Nv/), Merger Agreement (First Busey Corp /Nv/), Merger Agreement (Alerus Financial Corp)

Approval Delays. To the Knowledge of Acquiror, there is no reason why the granting of any of the Requisite Regulatory Approvals would be denied or unduly delayed. Acquiror Bank’s The most recent CRA rating of each banking Subsidiary of Acquiror was “satisfactory” or better.

Appears in 4 contracts

Samples: Merger Agreement (Guaranty Federal Bancshares Inc), Merger Agreement (QCR Holdings Inc), Merger Agreement (QCR Holdings Inc)

Approval Delays. To the Knowledge of Acquiror, there is no reason why the granting of any of the Requisite Regulatory Approvals would be denied or unduly delayed. Acquiror Bank’s 's most recent CRA rating was "satisfactory" or better.

Appears in 4 contracts

Samples: Merger Agreement (First Busey Corp /Nv/), Merger Agreement (First Community Financial Partners, Inc.), Merger Agreement (Centrue Financial Corp)

Approval Delays. To the Knowledge of Acquirorthe Company, there is no reason why the granting of any of the Requisite Regulatory Approvals would be denied or unduly delayed. Acquiror The Company Bank’s 's most recent CRA rating was "satisfactory" or better.

Appears in 2 contracts

Samples: Merger Agreement (Midland States Bancorp, Inc.), Merger Agreement (Centrue Financial Corp)

Approval Delays. To the Knowledge of Acquirorthe Company, there is no reason why the granting of any of the Requisite Regulatory Approvals would be denied or unduly delayed. Acquiror The Bank’s 's most recent CRA rating was "satisfactory" or better.

Appears in 2 contracts

Samples: Merger Agreement (First Busey Corp /Nv/), Merger Agreement (First Community Financial Partners, Inc.)

Approval Delays. To the Knowledge of Acquirorthe Company, there is no reason why the granting of any of the Requisite Regulatory Approvals regulatory approvals referred to in Section 8.1 would be denied or unduly delayed. Acquiror The Bank’s most recent CRA rating was is “satisfactory” or better.

Appears in 1 contract

Samples: Merger Agreement (Midland States Bancorp, Inc.)

Approval Delays. To the Knowledge of AcquirorCompany, there is no reason why the granting of any of the Requisite Regulatory Approvals regulatory approvals referred to in Section 8.1 would be denied or unduly delayed. Acquiror Company Bank’s most recent CRA rating was is “satisfactory” or better.

Appears in 1 contract

Samples: Merger Agreement (MidWestOne Financial Group, Inc.)

Approval Delays. To the Knowledge of Acquirorthe Company, there is no reason why the granting of any of the Requisite Regulatory Approvals would be denied or unduly delayed. Acquiror Bank’s The Banks’ most recent CRA rating was ratings were “satisfactory” or better.

Appears in 1 contract

Samples: Merger Agreement (MidWestOne Financial Group, Inc.)

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Approval Delays. To the Knowledge of AcquirorSeller, there is no reason why the granting of any of the Requisite Regulatory Approvals would be denied or unduly delayed. Acquiror The Bank’s most recent CRA rating was “satisfactory” or better.

Appears in 1 contract

Samples: Stock Purchase Agreement (QCR Holdings Inc)

Approval Delays. To the Knowledge of Acquiror, there is no reason why the granting of any of the Requisite Regulatory Approvals would be denied or unduly delayeddenied. Acquiror Bank’s most recent CRA rating was “satisfactory” or better.

Appears in 1 contract

Samples: Merger Agreement (HMN Financial Inc)

Approval Delays. To the Knowledge of AcquirorCompany, there is no reason why the granting of any of the Requisite Regulatory Approvals would be denied or unduly delayed. Acquiror Company Bank’s most recent CRA rating was “satisfactory” or better.

Appears in 1 contract

Samples: Merger Agreement (QCR Holdings Inc)

Approval Delays. To the Knowledge of Acquirorthe Company, there is no reason why the granting of any of the Requisite Regulatory Approvals would be denied or unduly delayed. Acquiror The Company Bank’s most recent CRA rating was “satisfactory” or better.

Appears in 1 contract

Samples: Merger Agreement (Midland States Bancorp, Inc.)

Approval Delays. To the Knowledge of Acquirorthe Company, there is no reason why the granting of any of the Requisite Regulatory Approvals would be denied or unduly delayeddenied. Acquiror The Bank’s most recent CRA rating was “satisfactory” or better.

Appears in 1 contract

Samples: Merger Agreement (HMN Financial Inc)

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