Common use of Conditions to Obligations of Parties Clause in Contracts

Conditions to Obligations of Parties. The obligations of Purchaser and Seller to consummate the transactions contemplated hereby shall be subject to the condition that all orders, consents and approvals of regulatory agencies necessary in order for the transactions provided for in this Agreement to be lawfully accomplished shall have been obtained in form and substance reasonably satisfactory to the Purchaser and Seller.

Appears in 4 contracts

Samples: Branch Purchase and Deposit Assumption Agreement (Access Anytime Bancorp Inc), Branch Purchase and Deposit Assumption Agreement (Access Anytime Bancorp Inc), Branch Purchase and Deposit Assumption Agreement (Matrix Bancorp Inc)

AutoNDA by SimpleDocs

Conditions to Obligations of Parties. The obligations of Purchaser and Seller to consummate the transactions contemplated hereby to be consummated shall be subject to the condition that all orders, consents and approvals of regulatory agencies necessary in order for the transactions provided for in this Agreement to be lawfully accomplished shall have been obtained in form and substance reasonably satisfactory to the Purchaser and SellerPurchaser.

Appears in 1 contract

Samples: Branch Purchase and Deposit Assumption Agreement (Access Anytime Bancorp Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!