Current Information. (A) During the period from the date of this Plan to the Effective Date, each of the Company and InterWest shall, and shall cause its representatives to, confer on a regular and frequent basis with representatives of the other. (B) Each of the Company and InterWest shall promptly notify the other of (1) any material change in the business or operations of it or its Subsidiaries, (2) any material complaints, investigations or hearings (or communications indicating that the same may be contemplated) of any Regulatory Authority relating to it or its Subsidiaries, (3) the initiation or threat of material litigation involving or relating to it or its Subsidiaries, or (4) any event or condition that might reasonably be expected to cause any of its representations or warranties set forth in this Plan not to be true and correct in all material respects as of the Effective Date or prevent it or its Subsidiaries from fulfilling its or their obligations under this Plan.
Appears in 2 contracts
Samples: Merger Agreement (Interwest Bancorp Inc), Merger Agreement (Interwest Bancorp Inc)
Current Information. (A) During the period from the date of this Plan to the Effective Date, each of the Company and InterWest Heritage shall, and shall cause its representatives to, confer on a regular and frequent basis with representatives of the other.
(B) Each of the Company and InterWest Heritage shall promptly notify the other of (1) any material change in the business or operations of it or its Subsidiaries, (2) any material complaints, investigations or hearings (or communications indicating that the same may be contemplated) of any Regulatory Authority relating to it or its Subsidiaries, (3) the initiation or threat of material litigation involving or relating to it or its Subsidiaries, or (4) any event or condition that might reasonably be expected to cause any of its representations or warranties set forth in this Plan not to be true and correct in all material respects as of the Effective Date or prevent it or its Subsidiaries from fulfilling its or their obligations under this Plan.
Appears in 2 contracts
Samples: Merger Agreement (Heritage Financial Corp /Wa/), Merger Agreement (Heritage Financial Corp /Wa/)
Current Information. (A) During the period from the date of this Plan to the Effective Date, each of the Company Bancwest and InterWest USBN shall, and shall cause its representatives to, confer on a regular and frequent basis with representatives of the other.
(B) Each of the Company Bancwest and InterWest USBN shall promptly notify the other of (1) any material change in the business or operations of it or its Subsidiaries, (2) any material complaints, investigations or hearings (or communications indicating 28 that the same may be contemplated) of any Regulatory Authority relating to it or its Subsidiaries, (3) the initiation or threat of material litigation involving or relating to it or its Subsidiaries, or (4) any event or condition that might reasonably be expected to cause any of its representations or warranties set forth in this Plan not to be true and correct in all material respects as of the Effective Date or prevent it or its Subsidiaries from fulfilling its or their obligations under this Plan.
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Current Information. (A) During the period from the date of this Plan to the Effective Date, each of the Company and InterWest NEWCO shall, and shall cause its representatives to, confer on a regular and frequent basis with representatives of the other.
(B) Each of the Company and InterWest NEWCO shall promptly notify the other of (1) any material change in the business or operations of it or its Subsidiaries, (2) any material complaints, investigations or hearings (or communications indicating that the same may be contemplated) of any Regulatory Authority relating to it or its Subsidiaries, (3) the initiation or threat of material litigation involving or relating to it or its Subsidiaries, or (4) any event or condition that might reasonably be expected to cause any of its representations or warranties set forth in this Plan not to be true and correct in all material respects as of the Effective Date or prevent it or its Subsidiaries from fulfilling its or their obligations under this Plan.
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Current Information. (A) During the period from the date of this Plan to the Effective Date, each of the Company Bank and InterWest shallUSBN will, and shall will cause its representatives to, confer on a regular and frequent basis with representatives of the other.
(B) Each of the Company Bank and InterWest shall USBN will promptly notify the other of (1) any material change in the business or operations of it or its Subsidiaries, (2) any material complaints, investigations or hearings (or communications indicating that the same may be contemplated) of any Regulatory Authority relating to it or its Subsidiaries, (3) the initiation or threat of material litigation involving or relating to it or its Subsidiaries, or (4) any event or condition that might reasonably be expected to cause any of its representations or warranties set forth in this Plan not to be true and correct in all material respects as of the Effective Date or prevent it or its Subsidiaries from fulfilling its or their obligations under this Plan.
Appears in 1 contract
Samples: Consolidation Agreement (United Security Bancorporation)
Current Information. (A) During the period from the date of this Plan to the Effective Date, each of the Company Bank and InterWest shall, and shall cause its representatives to, confer on a regular and frequent basis with representatives of the other.
(B) Each of the Company Bank and InterWest shall promptly notify the other of (1) any material change in the business or operations of it or its Subsidiaries, (2) any material complaints, investigations or hearings (or communications indicating that the same may be contemplated) of any Regulatory Authority relating to it or its Subsidiaries, (3) the initiation or threat of material litigation involving or relating to it or its Subsidiaries, or (4) any event or condition that might reasonably be expected to cause any of its representations or warranties set forth in this Plan not to be true and correct in all material respects as of the Effective Date or prevent it or its Subsidiaries from fulfilling its or their obligations under this Plan.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Interwest Bancorp Inc)
Current Information. (A) During the period from the date of this Plan to the Effective Date, each of the Company and InterWest shall, and shall cause its representatives to, confer on a regular and frequent basis with representatives of the other.
(B) Each of the Company and InterWest shall promptly notify the other of (1) any material change in the business or operations of it or its Subsidiaries, (2) any material complaints, investigations or hearings (or communications indicating that the same may be contemplated) of any Regulatory Authority relating to it or its Subsidiaries, (3) the initiation or threat of material litigation involving or relating to it or its Subsidiaries, or (4) any event or condition that might reasonably be expected to cause any of its representations or warranties set forth in this Plan not to be true and correct in all material respects as of the Effective Date or prevent it or its Subsidiaries from fulfilling its or their obligations under this Plan.correct
Appears in 1 contract
