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required by applicable law):\n(i) Seller will notify the holders of Deposits to be transferred on the Closing Date that, subject to the terms and conditions of this Agreement, Purchaser will be assuming liability for such Deposits; and\n(ii) each of Seller and Purchaser shall provide, or join in providing where appropriate, all notices to customers of the Branches and other Persons that either Seller or Purchaser, as the case may be, is required to give under applicable law or the terms of any agreement between Seller and any customer in connection with the transactions contemplated hereby, or, to the extent permitted by applicable law and the terms of any agreement between Seller and any customer, will further an efficient transition of the Deposit and Loan relationships to Purchaser; provided that Seller and Purchaser agree that any joint notices shall not include any dual-branded letters but instead shall include individual bank inserts for each of Seller and Purchaser. A party proposing to send or publish any notice or communication pursuant to this Section 4.2 shall furnish to the other party a copy of the proposed form of such notice or communication at least five (5) Business Days in advance of the proposed date of the first mailing, posting, or other dissemination thereof to customers, and shall not unreasonably refuse to amend such notice to incorporate any changes that the other such party proposes as necessary to comply with applicable law. Seller shall have the right to add customer transition information to any customer notifications to be sent by Purchaser pursuant to this Section 4.2 and such information may, at Seller\u2019s option, be included either directly in Purchaser\u2019s notification or in an additional insert that shall accompany the applicable Purchaser notification. Any customer notifications sent by Purchaser pursuant to this Section 4.2 shall only include the last four digits of any account number of Seller. All costs and expenses of any notice or communication sent or published by Purchaser or Seller shall be the responsibility of the party sending such notice or communication and all costs and expenses of any joint notice or communication shall be shared equally by Seller and Purchaser. As soon as reasonably practicable and in any event within forty five (45) calendar days after the date hereof, Seller shall provide to Purchaser a report of the names and addresses of the owners of the Deposits, the borrowers on the Loans and the lessees of the safe deposit boxes as of a recent date hereof in connection with the mailing of such materials and Seller shall provide updates to such report at reasonable intervals thereafter upon the reasonable request of Purchaser from time to time. No communications by Purchaser, and no communications by Seller outside the ordinary course of business, to any such owners, borrowers, customers or lessees as such shall be made prior to the Closing Date except as provided in this Agreement or otherwise agreed to by the parties in writing, not to be unreasonably withheld in the case of communications compliant with applicable law and agreements between Seller and such owners, borrowers, customers or lessees that are appropriate to further an efficient transition of Deposit and Loan relationships to Purchaser.\n(b) Following the giving of any notice described in Section 4.2(a), Purchaser and Seller shall deliver to each new customer at any of the Branches such notice or notices as may be reasonably necessary to notify such new customers of Purchaser\u2019s pending assumption of liability for the Deposits and to comply with applicable law.\n(c) Neither Purchaser nor Seller shall object to the use, by depositors of the Deposits, of payment orders or cashier\u2019s checks issued to or ordered by such depositors on or prior to the Closing Date, which payment orders bear the name, or any logo, trademark, service \u2587\u2587\u2587\u2587 or the proprietary \u2587\u2587\u2587\u2587 of Seller or any of its respective Affiliates.\n(d) Purchaser shall notify Deposit account customers and Loan account customers that, upon the expiration of a post-Closing processing period, which shall be sixty (60) calendar days after the Closing Date, any Items that are drawn on Seller shall not thereafter be honored by Seller. Such notice shall be given by delivering written instructions to such effect to such Deposit account customers and Loan account customers in accordance with this Section 4.2.", "size": 91, "hash": "bce0db47d903e5886c32c78547727fd5", "id": 2}, {"samples": [{"hash": "2o69Lnbvt3L", "uri": "/contracts/2o69Lnbvt3L#customers", "label": "Merger Agreement", "score": 30.3408622742, "published": true}, {"hash": "c8d3IL1jFqN", "uri": "/contracts/c8d3IL1jFqN#customers", "label": "Merger Agreement (Atrinsic, Inc.)", "score": 27.1136207581, "published": true}, {"hash": "1wy6ZteoqUb", "uri": "/contracts/1wy6ZteoqUb#customers", "label": "Merger Agreement (Organovo Holdings, Inc.)", "score": 23.1163578033, "published": true}], "snippet_links": [{"key": "disclosure-schedule", "type": "clause", "offset": [20, 39]}, {"key": "a-list", "type": "definition", "offset": [51, 57]}, {"key": "consolidated-revenues", "type": "definition", "offset": [114, 135]}, {"key": "of-the-company", "type": "clause", "offset": [136, 150]}, {"key": "full-fiscal-year", "type": "definition", "offset": [167, 183]}, {"key": "in-writing", "type": "clause", "offset": [304, 314]}, {"key": "buying-services", "type": "clause", "offset": [354, 369]}, {"key": "from-the-company", "type": "clause", "offset": [370, 386]}], "snippet": "Section 2.22 of the Disclosure Schedule sets forth a list of each customer that accounted for more than 5% of the consolidated revenues of the Company during the last full fiscal year and the amount of revenues accounted for by such customer during such period. No such customer has notified the Company in writing within the past year that it will stop buying services from the Company.", "size": 35, "hash": "9deb54f9511d6e159e92c4ac7d2030b2", "id": 5}], "next_curs": "ClISTGoVc35sYXdpbnNpZGVyY29udHJhY3Rzci4LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhJjdXN0b21lcnMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Customers", "parents": [["representations-and-warranties-of-the-company", "REPRESENTATIONS AND WARRANTIES OF THE COMPANY"], ["representations-and-warranties-of-seller", "REPRESENTATIONS AND WARRANTIES OF SELLER"], ["representations-and-warranties", "Representations and Warranties"], ["representations-and-warranties-of-sellers", "REPRESENTATIONS AND WARRANTIES OF SELLERS"], ["representations-and-warranties-of-the-seller", "REPRESENTATIONS AND WARRANTIES OF THE SELLER"]], "children": [["", ""], ["notices", "Notices"], ["expenses", "Expenses"], ["severability", "Severability"], ["counterparts", "Counterparts"]], "size": 4931, "id": "customers", "related": [["suppliers", "Suppliers", "Suppliers"], ["suppliers-and-customers", "Suppliers and Customers", "Suppliers and <strong>Customers</strong>"], ["clients", "Clients", "Clients"], ["customers-and-suppliers", "Customers and Suppliers", "<strong>Customers</strong> and Suppliers"], ["vendors", "Vendors", "Vendors"]], "related_snippets": [], "updated": "2026-08-09T04:22:35+00:00", "also_ask": ["What key rights and obligations should be included to protect both parties in the Customers clause?", "How can the Customers clause be leveraged to limit liability or allocate risk strategically?", "What are common pitfalls or ambiguities in Customers clauses that could lead to disputes?", "How does the Customers clause compare to industry standards or competitor agreements?", "What factors determine the enforceability of the Customers clause in court?"], "drafting_tip": "Define 'Customers' precisely to avoid ambiguity; specify rights and obligations to ensure enforceability; clarify exclusions to prevent unintended parties from being covered.", "explanation": "The 'Customers' clause defines who is considered a customer under the agreement and outlines the rights and obligations that apply to them. Typically, this clause specifies the criteria for customer eligibility, such as residency, age, or business status, and may detail the process for becoming a customer, including registration or account creation. By clearly identifying the parties to whom the contract applies, this clause ensures that both the service provider and the customer understand their respective roles and responsibilities, thereby reducing ambiguity and potential disputes."}, "json": true, "cursor": ""}}