Common use of Effect of Merger and Related Transactions Clause in Contracts

Effect of Merger and Related Transactions. There is no Company Material Contract under which (a) a consent or approval is required, (b) a prohibited assignment by operation of Law could occur, (c) a waiver or loss of any right could occur, or (d) an acceleration of any obligation could occur, in each case as a result of the execution and delivery of this Plan of Merger or the consummation of the transactions contemplated herein, where any such occurrence would reasonably be expected to (i) materially interfere with the ordinary course of business conducted by Company, any Company Subsidiary or the Surviving Corporation or (ii) have a Company Material Adverse Effect.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Independent Bank Corp /Mi/), Agreement and Plan of Merger (Monarch Community Bancorp Inc), Agreement and Plan of Merger (Chemical Financial Corp)

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Effect of Merger and Related Transactions. There is no Company Material Contract under which (a) a consent or approval is requiredrequired from any Person, (b) a prohibited assignment by operation of Law could occur, (c) a waiver or loss of any right of Company or any Company Subsidiary could occur, or (d) an acceleration of any obligation obligation, or the creation or imposition of a Lien on any asset, property or right, of the Company or any Company Subsidiary, could occur, in each case as a result of the execution and delivery of this Plan of Merger or the consummation of the transactions contemplated herein, where any such occurrence would reasonably be expected to (i) materially interfere with the ordinary course of business consistent with past practices conducted by Company, any Company Subsidiary or the Surviving Corporation Company (and its Affiliates) or (ii) have a Company Material Adverse Effect.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Wintrust Financial Corp), Agreement and Plan of Merger (Macatawa Bank Corp)

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