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 or otherwise, which imposes any restriction or condition which would be reasonably likely to have or result in a Material Adverse Effect on the Surviving Company.

Appears in 2 contracts

Samples: Merger Agreement (Independence Community Bank Corp), Merger Agreement (Staten Island Bancorp Inc)

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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 would be reasonably likely to have or result in a Material Adverse Effect on Empire, Sterling or the Surviving Company.

Appears in 2 contracts

Samples: Merger Agreement (Sterling Financial Corp /Wa/), Merger Agreement (Empire Federal 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 would be reasonably likely to have or result in a Material Adverse Effect on the Surviving CompanyCompany or Washington Mutual.

Appears in 2 contracts

Samples: Merger Agreement (Washington Mutual Inc), Merger Agreement (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 would be reasonably likely to have or result in constitutes a Material Adverse Effect on the Surviving CompanyMaterially Burdensome Regulatory Condition.

Appears in 2 contracts

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

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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 would be reasonably likely to have or result in a Material Adverse Effect on Klamath, Sterling or the Surviving Company.

Appears in 1 contract

Samples: Merger Agreement (Sterling Financial Corp /Wa/)

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