Common use of Conduct of Parent’s Business Clause in Contracts

Conduct of Parent’s Business. During the period from the date of this Agreement and continuing until the Effective Time, except as expressly contemplated or permitted by this Agreement, or with the prior written consent of the Company, Parent shall, and shall cause its Subsidiaries to, carry on their respective businesses in the ordinary course consistent with past practice.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Merchants Capital Corp /MS/), Agreement and Plan of Merger (Deposit Guaranty Corp), Agreement and Plan of Merger (Bancorpsouth Inc)

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Conduct of Parent’s Business. During the period from the date of this Agreement and continuing until the Effective Time, except as expressly contemplated or permitted by this Agreement, or with the prior written consent of the CompanySeller Bank, Parent shall, and shall cause its Subsidiaries to, carry on their respective businesses in the ordinary course consistent with past practice.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Farmers & Merchants Corp)

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