Breach of Covenant or Agreement. By either BRBS or FVCB (provided that the terminating party is not then in breach of any representation or warranty contained in this Agreement under the applicable standard set forth in Section 3.2 or in material breach of any covenant or agreement contained in this Agreement) in the event of a material breach by the other party of any covenant or agreement contained in this Agreement which cannot be or has not been cured within thirty (30) days after the giving of written notice to the breaching party of such breach and which breach would provide the terminating party the ability to refuse to consummate the Merger under Section 6.2(b) in the case of BRBS and Section 6.3(b) in the case of FVCB;
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (FVCBankcorp, Inc.), Agreement and Plan of Reorganization (Blue Ridge Bankshares, Inc.)
Breach of Covenant or Agreement. By either BRBS or FVCB BAYK (provided that the terminating party is not then in breach of any representation or warranty contained in this Agreement under the applicable standard set forth in Section 3.2 or in material breach of any covenant or agreement contained in this Agreement) in the event of a material breach by the other party of any covenant or agreement contained in this Agreement which cannot be or has not been cured within thirty (30) days after the giving of written notice to the breaching party of such breach and which breach would provide the terminating party the ability to refuse to consummate the Merger under Section 6.2(b) in the case of BRBS and Section 6.3(b) in the case of FVCBBAYK;
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Blue Ridge Bankshares, Inc.)
Breach of Covenant or Agreement. By either BRBS VABK or FVCB FBSS (provided that the terminating party is not then in breach of any representation or warranty contained in this Agreement under the applicable standard set forth in Section 3.2 or in material breach of any covenant or agreement contained in this Agreement) in the event of a material breach by the other party of any covenant or agreement contained in this Agreement which cannot be or has not been cured within thirty (30) days after the giving of written notice to the breaching party of such breach and which breach would provide the terminating party the ability to refuse to consummate the Merger under Section 6.2(b) in the case of BRBS VABK and Section 6.3(b) in the case of FVCBFBSS;
Appears in 1 contract
Samples: Merger Agreement (Virginia National Bankshares Corp)
