Common use of Forbearances Clause in Contracts

Forbearances. During the period from the date of this Agreement to the Effective Time, the Company shall not, and shall not permit any of its Subsidiaries to, without the prior written consent of Sterling (and the Company shall provide Sterling with prompt notice of any events referred to in this Section 7.02 occurring after the date hereof):

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Sterling Bancshares Inc), Agreement and Plan of Merger (Sterling Bancshares Inc), Agreement and Plan of Merger (Sterling Bancshares Inc)

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Forbearances. During the period from the date of this Agreement to the earlier of the Effective TimeTime or the termination of this Agreement, and except as set forth in Section 7.2 of the Company Disclosure Memorandum, the Company shall not, and shall not permit any of its Subsidiaries to, without the prior written consent of Sterling (and the Company shall provide Sterling with prompt notice of any events referred to in this Section 7.02 7.2 occurring after the date hereof):

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sterling Bancshares Inc), Agreement and Plan of Merger (Sterling Bancshares Inc)

Forbearances. During the period from the date of this Agreement to the Effective Time, the Company shall not, and shall not permit any of its Subsidiaries to, without the prior written consent of Sterling (and the Company shall provide Sterling with prompt notice of any events referred to in this Section 7.02 occurring after the date hereofhereof and Sterling shall respond to any such notice within three (3) Business Days of its receipt of any such notice):

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sterling Bancshares Inc)

Forbearances. During the period from the date of this Agreement to the earlier of the Effective TimeTime or the termination of this Agreement, and except as set forth in Section 7.2 of the Company Disclosure Memorandum, the Company shall not, and shall not permit any of its Subsidiaries to, without the prior written consent of Sterling Sterling, which consent shall not be unreasonably withheld (and the Company shall provide Sterling with prompt notice of any events referred to in this Section 7.02 7.2 occurring after the date hereof):

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sterling Bancshares Inc)

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Forbearances. During the period from the date of this Agreement to the earlier of the Effective TimeTime or the termination of this Agreement, the Company shall not, and shall not permit any of its Subsidiaries to, without the prior written consent of Sterling (and the Company shall provide Sterling with prompt notice of any events referred to in this Section 7.02 occurring after the date hereof):

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sterling Bancshares Inc)

Forbearances. During the period from the date of this Agreement to the earlier of the Effective TimeTime or the termination of this Agreement, and except as set forth in Section 7.02 of the Company Disclosure Schedule, the Company shall not, and shall not permit any of its Subsidiaries to, without the prior written consent of Sterling (and the Company shall provide Sterling with prompt notice of any events referred to in this Section 7.02 occurring after the date hereof):

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sterling Bancshares Inc)

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