Common use of Encumbrance of Any Asset Clause in Contracts

Encumbrance of Any Asset. Encumber any asset having a book value in excess of $10,000 except in the Ordinary Course of Business for reasonable and adequate consideration.

Appears in 5 contracts

Samples: Merger Agreement (Sunnyside Bancorp, Inc.), Merger Agreement (Sunnyside Bancorp, Inc.), Merger Agreement (Eagle Bancorp Montana, Inc.)

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Encumbrance of Any Asset. Encumber any asset having a book value in excess of $10,000 100,000 except in the Ordinary Course of Business for reasonable and adequate consideration.

Appears in 2 contracts

Samples: Merger Agreement (Eagle Bancorp Montana, Inc.), Merger Agreement (Eagle Bancorp Montana, Inc.)

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Encumbrance of Any Asset. Encumber any asset having a book value in excess of $10,000 except in the Ordinary Course ordinary course of Business business for reasonable and adequate consideration.

Appears in 1 contract

Samples: Merger Agreement (Eagle Bancorp Montana, Inc.)

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