Common use of Cooperation on Conversion of Systems Clause in Contracts

Cooperation on Conversion of Systems. Seller agrees to use its commercially reasonable efforts to assist in an orderly transfer of information, processes, systems and data to Buyer and to otherwise assist Buyer in facilitating the conversion of all of Seller’s systems into or to conform with, Buyer’s systems to the extent reasonably requested by Buyer, including, without limitation, the termination of any Contracts, effective on or following the Closing Date.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Generations Bancorp NY, Inc.), Purchase and Assumption Agreement (First Financial Northwest, Inc.)

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Cooperation on Conversion of Systems. Seller agrees to use commence immediately using its commercially reasonable best efforts to assist in ensure an orderly transfer of information, processes, systems and data to Buyer and to otherwise assist Buyer in facilitating the conversion of all of Seller’s systems into or to conform with, Buyer’s systems so that, as of the Closing, the systems of Seller are readily convertible to Buyer’s systems to the fullest extent reasonably requested by Buyer, including, possible without limitation, the termination of any Contracts, effective on or following the Closing Dateactually converting them prior to Closing.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Affinity Bancshares, Inc.)

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Cooperation on Conversion of Systems. Seller agrees to use commence using its commercially reasonable efforts to assist in ensure an orderly transfer of information, processes, systems and data to Buyer and to otherwise assist Buyer in facilitating the conversion of all of Seller’s systems into or to conform with, Buyer’s systems so that, as of the Closing, the systems of Seller are readily convertible to Buyer’s systems to the fullest extent reasonably requested by Buyer, including, possible without limitation, the termination of any Contracts, effective on or following the Closing Dateactually converting them prior to Closing.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (FFBW, Inc. /MD/)

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