Common use of Burdensome Condition Clause in Contracts

Burdensome Condition. There shall not be any action taken, or any statute, rule, regulation or order enacted, entered, enforced or deemed applicable to the transactions contemplated by this Agreement, by any Governmental Entity, in connection with the grant of a Requisite Regulatory Approval which imposes any restriction or condition which constitutes a Materially Burdensome Regulatory Condition.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Washington Mutual Inc), Agreement and Plan of Merger (Providian Financial Corp)

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Burdensome Condition. There shall not be any action taken, or any statute, rule, regulation or order enacted, entered, enforced or deemed applicable to the transactions contemplated by this Agreement, by any Governmental Entity, in connection with the grant of a Requisite Regulatory Approval or otherwise, which imposes any restriction or condition which constitutes would be reasonably likely to have or result in a Materially Burdensome Regulatory ConditionMaterial Adverse Effect on the Surviving Company or Washington Mutual.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Washington Mutual Inc), Agreement and Plan of Merger (Dime Bancorp Inc)

Burdensome Condition. There shall not be any action taken, or any statute, rule, regulation or order enacted, entered, enforced or deemed applicable to the transactions contemplated by this Agreement, by any Governmental Entity, in connection with the grant of a Requisite Regulatory Approval or otherwise, which imposes any restriction or condition which constitutes would be reasonably likely to have or result in a Materially Burdensome Regulatory ConditionMaterial Adverse Effect on Empire, Sterling or the Surviving Company.

Appears in 2 contracts

Samples: Stockholders Agreement (Empire Federal Bancorp Inc), Stockholders Agreement (Sterling Financial Corp /Wa/)

Burdensome Condition. There shall not be any action taken, or any statute, rule, regulation or order enacted, entered, enforced or deemed applicable to the transactions contemplated by this Agreement, by any Governmental Entity, in connection with the grant of a Requisite Regulatory Approval or otherwise, which imposes any restriction or condition which constitutes would be reasonably likely to have or result in a Materially Burdensome Regulatory ConditionMaterial Adverse Effect on Bank United Corp., the Surviving Company or Washington Mutual.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bank United Corp)

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Burdensome Condition. There shall not be any action taken, or any statute, rule, regulation or order enacted, entered, enforced or deemed applicable to the transactions contemplated by this Agreement, by any Governmental Entity, in connection with the grant of a Requisite Regulatory Approval or otherwise, which imposes any restriction or condition which constitutes would be reasonably likely to have or result in a Materially Burdensome Regulatory ConditionMaterial Adverse Effect on Klamath, Sterling or the Surviving Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sterling Financial Corp /Wa/)

Burdensome Condition. There shall not be any action taken, or any statute, rule, regulation or order enacted, entered, enforced or deemed applicable to the transactions contemplated by this Agreement, by any Governmental Entity, in connection with the grant of a Requisite Regulatory Approval or otherwise, which imposes any restriction or condition which constitutes would be reasonably likely to have or result in a Materially Burdensome Regulatory ConditionMaterial Adverse Effect on the Surviving Company or Xxxxxx County.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Greene County Bancshares Inc)

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