Common use of Asset Transactions Clause in Contracts

Asset Transactions. Any agreement or understanding (i) for the sale of its assets in excess of $25,000 outside of the ordinary course of business; (ii) for the grant of any preferential right to purchase any of its assets, properties, or rights in excess of $25,000; or (iii) which requires the consent of any third party to the transfer and assignment of any assets, properties, or rights in excess of $25,000.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Firstbank Corp), Agreement and Plan of Merger (O a K Financial Corp), Agreement and Plan of Merger (Chemical Financial Corp)

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Asset Transactions. Any agreement or understanding (i) for the sale of its assets in excess of $25,000 50,000 outside of the ordinary course of business; (ii) for the grant of any preferential right to purchase any of its assets, properties, or rights in excess of $25,00050,000; or (iii) which requires the consent of any third party to the transfer and assignment of any assets, properties, or rights in excess of $25,00050,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Firstbank Corp)

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Asset Transactions. Any agreement or understanding (i) for the sale of its assets in excess of $25,000 outside of the ordinary course of business; (ii) for the grant of any preferential right to purchase any of its assets, properties, or rights in excess of $25,000; or (iii) which requires the consent of any third party to the transfer and assignment of any assets, properties, or rights in excess of $25,000.;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Chemical Financial Corp)

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