Common use of Compliance Costs Clause in Contracts

Compliance Costs. The remaining cost and process of achieving Year 2000 readiness for any Year 2000 Assets that are not Year 2000 Ready do not, and will not, constitute a Material Adverse Effect with respect to Old Kent.

Appears in 3 contracts

Samples: Merger Agreement (Grand Premier Financial Inc), Merger Agreement (Old Kent Financial Corp /Mi/), Merger Agreement (Merchants Bancorp Inc/De/)

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Compliance Costs. The remaining cost and process of achieving Year 2000 readiness for any Year 2000 Assets that are not Year 2000 Ready do not, and will not, constitute a Material Adverse Effect with respect to Old KentGrand Premier or any of its subsidiaries.

Appears in 2 contracts

Samples: Merger Agreement (Old Kent Financial Corp /Mi/), Merger Agreement (Grand Premier Financial Inc)

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