Common use of Buildings Clause in Contracts

Buildings. All buildings and improvements to Company Real Property and, to the Knowledge of Company, Company-Leased Real Property are in good condition (normal wear and tear excepted), are structurally sound and are not in need of material repairs, are fit for their intended purposes, and are adequately serviced by all utilities necessary for the effective operation of business as presently conducted at that location.

Appears in 6 contracts

Samples: Merger Agreement (Wintrust Financial Corp), Merger Agreement (Macatawa Bank Corp), Merger Agreement (Independent Bank Corp /Mi/)

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Buildings. All buildings and improvements to Company Company's Real Property and, to the Knowledge of Company, Company-Leased Real Property Properties are in good condition (normal wear and tear excepted), are structurally sound and are not in need of material repairs, are fit for their intended purposes, and are adequately serviced by all utilities necessary for the effective operation of business as presently conducted at that location.

Appears in 2 contracts

Samples: Merger Agreement (Shoreline Financial Corp), Merger Agreement (SJS Bancorp Inc)

Buildings. All buildings and improvements to Company Real Property and, to the Knowledge of Company, Company-and Company Leased Real Property are in good condition (normal wear and tear excepted), are structurally sound and are not in need of material repairs, are fit for their intended purposes, and are adequately serviced by all utilities necessary for the effective operation of business as presently conducted at that location.

Appears in 1 contract

Samples: Merger Agreement (Old National Bancorp /In/)

Buildings. All buildings and improvements to Company Real Property and, to the Knowledge of Company, Company-Leased Real Property are in good condition (normal wear and tear exceptedexcepted and subject to maintenance and repair in the ordinary course), are structurally sound and are not in need of material repairs, are fit for their intended purposes, and are adequately serviced by all utilities necessary for the effective operation of business as presently conducted at that location.

Appears in 1 contract

Samples: Merger Agreement (Choiceone Financial Services Inc)

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Buildings. All buildings and improvements to Company Real Property and, to the Knowledge of Company, Company-Leased Merchants' Real Property are in good condition (normal wear and tear excepted), are structurally sound and are not in need of material repairs, are fit for their intended purposes, and are adequately serviced by all utilities necessary for the effective operation of business as presently conducted at that location.

Appears in 1 contract

Samples: Merger Agreement (Merchants Bancorp Inc/De/)

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