Common use of Approvals of Regulatory Authorities Clause in Contracts

Approvals of Regulatory Authorities. Xxxxxx Bancorp and Xxxxxx Federal shall have received all Regulatory Approvals and other approvals necessary to effect the Merger (without the imposition of any condition that is in Xxxxxx Bancorp's reasonable judgment unduly burdensome, excluding standard conditions that are normally imposed by the Regulatory Authorities in bank merger transactions); and all notice and waiting periods required thereunder shall have expired or been terminated;

Appears in 3 contracts

Samples: Merger Agreement (Innes Street Financial Corp), Merger Agreement (Innes Street Financial Corp), Merger Agreement (Innes Street Financial Corp)

AutoNDA by SimpleDocs

Approvals of Regulatory Authorities. Xxxxxx Gxxxxx Bancorp and Xxxxxx Gxxxxx Federal shall have received all Regulatory Approvals and other approvals necessary to effect the Merger (without the imposition of any condition that is in Xxxxxx Gxxxxx Bancorp's reasonable judgment unduly burdensome, excluding standard conditions that are normally imposed by the Regulatory Authorities in bank merger transactions); and all notice and waiting periods required thereunder shall have expired or been terminated;

Appears in 1 contract

Samples: Merger Agreement (Gaston Federal 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!