Common use of Failure to Recommend Clause in Contracts

Failure to Recommend. At any time prior to the Company Meeting, by Parent if the Company shall have breached Section 6.08 or the Company Board shall have failed to make its recommendation referred to in Section 6.02, withdrawn such recommendation or modified or changed such recommendation in a manner adverse in any respect to the interests of Parent.

Appears in 2 contracts

Samples: Shareholder Agreement (Americanwest Bancorporation), Agreement and Plan of Merger (First Community Bancorp /Ca/)

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Failure to Recommend. At any time prior to the Company Meeting, -------------------- by Parent if (i) the Company shall have breached Section 6.08 or 6.08, (ii) the Company Board shall have failed to make its recommendation referred to in Section 6.02, withdrawn such recommendation or modified or changed such recommendation in a manner adverse in any respect to the interests of ParentParent or (iii) the Company shall have materially breached its obligations under Section 6.02 by failing to call, give notice of, convene and hold the Company Meeting in accordance with Section 6.02.

Appears in 1 contract

Samples: Shareholder Agreement (American Financial Holdings Inc)

Failure to Recommend. At (i) By Parent, at any time prior to the Company Meeting, by Parent Meeting if the Company shall have breached Section 6.08 6.07 or the Company Board shall have failed to make its recommendation referred to in Section 6.02, withdrawn such recommendation or modified or changed such recommendation in a manner adverse in any respect to the interests of Parent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Americanwest Bancorporation)

Failure to Recommend. At any time prior to the Company Meeting, by Parent if (i) the Company shall have breached its obligations under Section 6.08 or 6.06, (ii) the Company Board shall have failed to make its recommendation referred to in Section 6.02, withdrawn such recommendation or modified or changed such recommendation in a manner adverse in any respect to the interests of ParentParent or (iii) the Company shall have materially breached its obligations under Section 6.02 by failing to call, give notice of, convene and hold the Company Meeting in accordance with Section 6.02.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bancorp Connecticut Inc)

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Failure to Recommend. At any time prior to the Company MeetingShareholder Approval, by Parent if the Company shall have materially breached the terms of Section 6.08 6.05 or the Company Board shall have failed to make its recommendation referred to in Section 6.02, withdrawn such recommendation or modified or changed such recommendation in a manner adverse in any respect to the interests of Parent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Community Bancorp /Ca/)

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