Common use of Failure to Fulfill Conditions Clause in Contracts

Failure to Fulfill Conditions. In the event that any party hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby cannot be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other parties. Each party will promptly inform the other parties of any facts applicable to it that would be likely to prevent or materially delay approval of the transaction contemplated hereby by any third party or which would otherwise prevent or materially delay completion of such transactions.

Appears in 1 contract

Samples: Asset Purchase Agreement (Atc Healthcare Inc /De/)

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Failure to Fulfill Conditions. In the event that any party either of the Parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other partiesParty. Each party Party will promptly inform the other parties Party of any facts applicable to it that would be likely to prevent or materially delay approval of the transaction Merger, the Conversion or any of the other transactions contemplated hereby by any Governmental Entity or third party or which would otherwise prevent or materially delay completion consummation of such transactions.

Appears in 1 contract

Samples: Merger Agreement (Home Federal Bancorp, Inc. Of Louisiana)

Failure to Fulfill Conditions. In the event that any party of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby cannot be fulfilled on or prior to the termination of this AgreementAgreement pursuant to Section 7.1, it will promptly notify the other party or parties. Each party will promptly inform the other party or parties of any facts applicable to it that would be likely to prevent or materially delay approval of the transaction Merger and the transactions contemplated hereby by any Governmental Entity or third party or which would otherwise prevent or materially delay completion of such transactionsthe Merger and the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Pboc Holdings Inc)

Failure to Fulfill Conditions. In the event that any party of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby cannot be fulfilled on or prior to the termination of this AgreementAgreement pursuant to Section 7.1 hereof, it will promptly notify the other party or parties. Each party will promptly inform the other party or parties of any facts applicable to it that would be likely to prevent or materially delay approval of the transaction Merger and the transactions contemplated hereby by any Governmental Entity or third party or which would otherwise prevent or materially delay completion of such transactionsthe Merger and the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (R&g Financial Corp)

Failure to Fulfill Conditions. In the event that any party hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby cannot be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other parties. Each party will promptly inform the other parties of any facts applicable to it that would be likely to prevent or materially delay approval of the transaction contemplated hereby by any third party or which would otherwise other wise prevent or materially delay completion of such transactions.

Appears in 1 contract

Samples: Asset Purchase Agreement (Atc Healthcare Inc /De/)

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Failure to Fulfill Conditions. In the event that any party either of the parties ----------------------------- hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby cannot be fulfilled on or prior to the termination of this Agreementand that it will not waive that condition, it will promptly notify the other partiesparty. Each party Acquiror and Bancshares will promptly inform the other parties of any facts applicable to it them, or their respective directors or officers, that would be likely to prevent or materially delay approval of the transaction contemplated hereby Merger by any third party governmental authority or which would otherwise prevent or materially delay completion of such transactionsthe Merger.

Appears in 1 contract

Samples: Merger Agreement (Heritage Bancshares Inc /Tx)

Failure to Fulfill Conditions. In the event that any party either of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other partiesparty. Each party will promptly inform the other parties party of any facts applicable to it that would be likely to prevent or materially delay approval of the transaction Merger or any of the other transactions contemplated hereby by any Governmental Entity or third party or which would otherwise prevent or materially delay completion consummation of such transactions.

Appears in 1 contract

Samples: Merger Agreement (East Texas Financial Services Inc)

Failure to Fulfill Conditions. In the event that any party of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby cannot be fulfilled on or prior to the termination of this AgreementAgreement pursuant to Section 7.1 hereof, it will promptly notify the other parties. Each party will promptly inform the other parties of any facts applicable to it that would be likely to prevent or materially delay approval of the transaction Merger and the transactions contemplated hereby by any Governmental Entity or third party or which would otherwise prevent or materially delay completion of such transactionsthe Merger and the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Usabancshares Com Inc)

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