Debt; Liabilities. Except in the ordinary course of its business consistent with its past practices, (i) enter into or become bound by any promissory note, loan agreement or other agreement or arrangement pertaining to its borrowing of money, (ii) assume, guarantee, endorse or otherwise become responsible or liable for any obligation of any other person or entity, or (iii) incur any other liability or obligation (absolute or contingent).
Appears in 10 contracts
Samples: Agreement and Plan of Merger (New Century Bancorp Inc), Agreement and Plan of Merger (FNB Corp/Nc), Agreement and Plan of Merger (United Financial Inc)
Debt; Liabilities. Except in the ordinary course of its business ----------------- consistent with its past practices, (i) enter into or become bound by any promissory note, loan agreement or other agreement or arrangement pertaining to its borrowing of money, (ii) assume, guarantee, endorse or otherwise become responsible or liable for any obligation of any other person or entity, or (iii) incur any other liability or obligation (absolute or contingent).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (FNB Corp/Nc), Agreement and Plan of Merger (Carolina Fincorp Inc)
Debt; Liabilities. Except in the ordinary course of its business consistent with its past practices, (i) enter into or become bound by any promissory note, loan agreement or other agreement or arrangement pertaining to its the borrowing of money, ; (ii) assume, guarantee, endorse or otherwise become responsible or liable for any obligation of any other person or entity, ; or (iii) incur any other liability or obligation (absolute or contingent).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (American Community Bancshares Inc), Agreement and Plan of Merger (FNB Bancshares Inc /Sc/)
Debt; Liabilities. Except in the ordinary course of its business consistent with its past practices, (i) enter Enter into or become bound by any promissory note, loan agreement or other agreement or arrangement pertaining to its borrowing of money, (ii) assumeii)assume, guarantee, endorse or otherwise become responsible or liable for any obligation of any other person or entity, or (iii) incur any other liability or obligation (absolute or contingent), except, in the case of Select Bank, in the ordinary course of its business consistent with its past practices.
Appears in 1 contract
Samples: Agreement and Plan of Merger (New Century Bancorp Inc)
Debt; Liabilities. Except in the ordinary course of its business consistent with its past practices, (i) enter Enter into or become bound by any promissory note, loan agreement or other agreement or arrangement pertaining to its borrowing of money, (ii) assumeii)assume, guarantee, endorse or otherwise become responsible or liable for any obligation of any other person or entity, or (iii) incur any other liability or obligation (absolute or contingent), except, in the case of Target Bank, in the ordinary course of its business consistent with its past practices.
Appears in 1 contract
Samples: Option Cancellation Agreement (Select Bancorp, Inc.)
Debt; Liabilities. Except in the ordinary course of its business consistent with its past practices, (i) enter into or become bound by any promissory note, loan agreement or other agreement or arrangement pertaining to its borrowing of money, (ii) assume, guarantee, endorse or otherwise become responsible or liable for any obligation of any other person or entity, or (iii) incur any other material liability or obligation (absolute or contingent).
Appears in 1 contract
Samples: Agreement and Plan of Merger (United Community Bancorp)
