Communications with Customers. (a) Following the Final Approval Date and 25 days prior to the anticipated Closing Date or a lesser time period as the parties may agree, Purchaser shall send statements to the Customers announcing the transactions contemplated hereby (such statements being herein called “Customer Notices”). The form and content of each Customer Notice shall be subject to the approval of each of the parties hereto and the cost of printing and mailing the Customer Notices shall be borne solely by Purchaser. Following the Final Approval Date, Purchaser shall also be entitled to provide solely at its own expense such other notices or communications to Customers relating to the transactions contemplated hereby as may be required by law; provided that the text of any such notice or communication and the timing of such notice or communication which is provided prior to the Closing shall be approved in advance by Seller and Parent, which approval shall not unreasonably be withheld or delayed.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (Bar Harbor Bankshares)
Communications with Customers. (a) Following the Final Approval Date At a time to be mutually agreed upon by Purchaser and 25 days prior to the anticipated Closing Date or a lesser time period as the parties may agreeSellers, Purchaser shall send statements to the Customers announcing the transactions contemplated hereby (such statements being herein called “Customer Notices”). The form and content of each Customer Notice shall be subject to the approval of each of the both parties hereto and the cost of printing and mailing the Customer Notices shall be borne solely by Purchaser. Following the Final Approval Date, Purchaser shall also be entitled to provide solely at its own expense such other notices or communications to Customers relating to the transactions contemplated hereby as may be required by law; provided that the text of any such notice or communication and the timing of such notice or communication which is provided prior to the Closing shall be approved in advance by Seller and ParentSellers, which approval shall not unreasonably be withheld or delayed.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Cib Marine Bancshares Inc), Purchase and Assumption Agreement (1st United Bancorp, Inc.)
Communications with Customers. (a) Following the Final Approval Date and 25 but not earlier than thirty (30) days prior to the anticipated Closing Date or a lesser time period as the parties may agreeDate, Purchaser shall send statements to the Customers announcing the transactions contemplated hereby (such statements being herein called “"Customer Notices”"). The form and content of each Customer Notice shall be subject to the approval of each of the both parties hereto and the cost of printing and mailing the Customer Notices shall be borne solely by PurchaserPurchaser (except as provided in Section 12.17 hereof). Following the Final Approval Date, Purchaser shall also be entitled to provide solely at its own expense such other notices or communications to Customers relating to the transactions contemplated hereby as may be required by law; provided that the text of any such notice or communication and the timing of such notice or communication which is provided prior to the Closing shall be approved in advance by Seller and ParentSellers, which approval shall not unreasonably be withheld or delayed.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Sovereign Bancorp Inc)
Communications with Customers. (a) Following the Final Approval Date and 25 but not earlier than fifteen (15) days or such longer period if required by law prior to the anticipated Closing Date or a lesser time period as the parties Seller and Purchaser otherwise may agreemutually agree in writing, Purchaser shall send statements a Customer Notice to the Customers announcing the transactions contemplated hereby (such statements being herein called “Customer Notices”)each Customer. The form and content of each Customer Notice shall be subject to the approval of each of the parties hereto Purchaser and Seller and the cost of printing and mailing the Customer Notices shall be borne solely by Purchaser. Following the Final Approval Date, Purchaser shall also be entitled to provide solely at its own expense such other notices or communications to Customers relating to the transactions contemplated hereby as may be required by law; provided that the text of any such notice or communication and the timing of such notice or communication which is provided prior to the Closing shall be approved in advance by Seller and ParentSeller, which approval shall not unreasonably be withheld or delayed. Purchaser shall provide Seller with advance copies of any Customer Notices and other notices or communications in order for Seller to have a reasonable opportunity to review and comment on such notices and communications.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Old National Bancorp /In/)
Communications with Customers. (a) Following the Final Approval Date and 25 days prior to the anticipated Closing Date or a lesser time period as the parties may agreeDate, Purchaser shall send statements to the Customers announcing the transactions contemplated hereby (such statements being herein called “"Customer Notices”"). The form and content of each ---------------- Customer Notice shall be subject to the approval of each of the both parties hereto and the cost of printing and mailing the Customer Notices shall be borne solely by Purchaser. Following the Final Approval Date, Purchaser shall also be entitled to provide solely at its own expense such other notices or communications to Customers relating to the transactions contemplated hereby as may be required by law; provided that the text of any such notice or communication and the timing of such notice or communication which is provided prior to the Closing shall be approved in advance by Seller and ParentSeller, which approval shall not unreasonably be withheld or delayed.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Greater Atlantic Financial Corp)
Communications with Customers. (a) Following the Final Approval Date and 25 but not earlier than fifteen (15) days prior to the anticipated Closing Date or a lesser time period as the parties may agreeDate, Purchaser shall send statements to the Customers announcing the transactions contemplated hereby (such statements being herein called “"Customer Notices”"). The form and content of each Customer Notice shall be subject to the approval of each of the parties hereto and the cost of printing and mailing the Customer Notices shall be borne solely by Purchaser. Following the Final Approval Date, Purchaser shall also be entitled to provide solely at its own expense such other notices or communications to Customers relating to the transactions contemplated hereby as may be required by law; provided that the text of any such notice or communication and the timing of such notice or communication which is provided prior to the Closing shall be approved in advance by Seller and ParentSellers, which approval shall not unreasonably be withheld or delayed.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Independent Bank Corp)
Communications with Customers. (a) Following the Final Approval Date and 25 but not earlier than fifteen (15) days prior to the anticipated Closing Date or a lesser time period as the parties may agreeDate, Purchaser shall send statements to the Customers announcing the transactions contemplated hereby (such statements being herein called “"Customer Notices”"). The form and content of each Customer Notice shall be subject to the approval of each of the parties hereto and the cost of printing and mailing the Customer Notices shall be borne solely by Purchaser. Following the Final Approval Date, Purchaser shall also be entitled to provide solely at its own expense such other notices or communications to Customers relating to the transactions contemplated hereby as may be required by law; provided that the text of any such notice or communication and the timing of such notice or communication which is provided prior to the Closing shall be approved in advance by Seller and ParentFNB, which approval shall not unreasonably be withheld or delayed.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Independent Bank Corp)