Communications, Notices, etc. Subject to regulatory restrictions and the provisions of Sections 12.4 and 15.8: (a) Purchaser shall, at Purchaser's expense and subject to the provisions of this Section, be entitled after the date hereof to communicate with, and deliver information, notices, brochures, bulletins, press releases and other communications to Branch Employees, Branch Related Employees, Branch Customers and members of the communities in which the Branches are located, concerning the transactions contemplated by this Agreement and the business and operations of Purchaser, and Seller shall assist Purchaser by providing upon Purchaser's request mailing lists of such Branch Employees, Branch Related Employees and Branch Customers, or by itself mailing such materials or communications to such persons; and (b) Purchaser and Seller shall each furnish to the other copies of the text of all notices, advertisements, information or communications, written or oral, proposed to be sent or transmitted by the furnishing party to Branch Employees, Branch Related Employees, Branch Customers or the public generally regarding the proposed or actual transfer of Deposit Liabilities and/or the purchase and sale of the Branches (including any public notices required to be given by law or regulation in connection with such transactions or applications for approval thereof), and the furnishing party shall not send or transmit such notices, advertisements, information or communications or otherwise make them public unless and until the prior consent of the other party shall have been received (such consent not to be unreasonably withheld or delayed).
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Eagle Financial Corp), Purchase and Assumption Agreement (Eagle Financial Corp)
Communications, Notices, etc. Subject to regulatory restrictions and the provisions of Sections 12.4 and 15.8:
(a) Purchaser shall, at Purchaser's expense and subject to the other provisions of this SectionAgreement, be entitled after the date hereof receipt of all required Regulatory Approvals, Final Approval Date to communicate with, and deliver information, notices, brochures, bulletins, press releases and other communications to Branch Employees, Branch Related Employees, Branch Customers and members of the communities in which the Branches are located, concerning the transactions contemplated by this Agreement and the business and operations of Purchaser, and Seller shall assist Purchaser by providing upon Purchaser's request mailing lists of such Branch Employees, Branch Related Employees and Branch Customers, or by itself mailing such materials or communications to such persons; and
(b) Purchaser and Seller shall each furnish to the other copies of the text of all notices, advertisements, information or communications, written or oral, proposed to be sent or transmitted by the furnishing party to Branch Employees, Branch Related Employees, Branch Customers or the public generally regarding the proposed or actual transfer of Deposit Liabilities and/or the purchase and sale of the Branches (including any public notices required to be given by law or regulation in connection with such transactions or applications for approval thereof), and the furnishing party shall not send or transmit such notices, advertisements, information or communications or otherwise make them public unless and until the prior consent of the other party shall have been received (such consent not to be unreasonably withheld or delayedwithheld).
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Arrow Financial Corp)
Communications, Notices, etc. Subject to regulatory restrictions and the provisions of Sections 12.4 and 15.817.8:
(a) Purchaser shall, at Purchaser's expense and subject to the provisions of this Section, be entitled after the date hereof to communicate with, and deliver information, notices, brochures, bulletins, press releases and other communications to Branch Employees, Branch Related Employees, Branch Customers and members of the communities in which the Branches are located, concerning the transactions contemplated by this Agreement and the business and operations of Purchaser, and Seller shall assist Purchaser by providing upon Purchaser's request mailing lists of such Branch Employees, Branch Related Employees and Branch Customers, or by itself mailing such materials or communications to such persons; and
(b) Purchaser and Seller shall each furnish to the other copies of the text of all notices, advertisements, information or communications, written or oral, proposed to be sent or transmitted by the furnishing party to Branch Employees, Branch Related Employees, Branch Customers or the public generally regarding the proposed or actual transfer of Deposit Liabilities and/or the purchase and sale of the Branches (including any public notices required to be given by law or regulation in connection with such transactions or applications for approval thereof), and the furnishing party shall not send or transmit such notices, advertisements, information or communications or otherwise make them public unless and until the prior consent of the other party shall have been received (such consent not to be unreasonably withheld or delayed).
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Webster Financial Corp)