Common use of Certain Transactional Expenses Clause in Contracts

Certain Transactional Expenses. Company has provided on Company Disclosure Schedule 5.23 a good faith estimate of costs and fees that Company and its Subsidiaries expect to pay to retained representatives in connection with the transactions contemplated by this Agreement (collectively, “Company Expenses”). Upon the reasonable request of Buyer, not more frequently than monthly, Company shall promptly provide an updated budget of Company Expenses to Buyer.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Independent Bank Corp), Agreement and Plan of Merger (Independent Bank Corp)

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Certain Transactional Expenses. Company has provided on in Company Disclosure Schedule 5.23 5.24 a reasonable good faith estimate of costs and fees that Company and its Subsidiaries expect to pay to retained representatives in connection with the transactions contemplated by this Agreement (collectively, “Company Expenses”). Upon Company shall use its commercially reasonable efforts to cause the reasonable request aggregate amount of Buyer, all Company Expense not more frequently than monthly, to exceed the total expenses disclosed in Company Disclosure Schedule 5.24. Company shall promptly provide an updated budget of Company Expenses notify Buyer if or when it determines that it expects to Buyerexceed its budget.

Appears in 1 contract

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

Certain Transactional Expenses. Company has provided on Company Disclosure Schedule 5.23 a good faith estimate of costs and fees that Company and its Subsidiaries expect to pay to retained representatives in connection with the transactions contemplated by this Agreement (collectively, “Company Expenses”). Upon the reasonable request of Buyer, not more frequently than monthlyquarterly, Company shall promptly provide an updated budget of Company Expenses to Buyer. Company shall promptly notify Buyer if or when it determines that it expects to exceed its budget.

Appears in 1 contract

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

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Certain Transactional Expenses. Company has provided on in Company Disclosure Schedule 5.23 5.24 a reasonable good faith estimate of costs and fees that Company and its Subsidiaries expect to pay to retained representatives in connection with the transactions contemplated by this Agreement (collectively, “Company Expenses”). Upon Company shall use its commercially reasonable efforts to cause the reasonable request aggregate amount of Buyer, all Company Expense to not more frequently than monthly, to exceed the total expenses disclosed in Company Disclosure Schedule 5.24. Company shall promptly provide an updated budget of Company Expenses notify Buyer if or when it determines that it expects to Buyerexceed its budget.

Appears in 1 contract

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

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