Common use of Interference or Damage Clause in Contracts

Interference or Damage. Prior to Closing, Purchaser shall not interfere with Seller’s normal operations or its customers or employee relations. Without limiting the generality of the foregoing, Purchaser shall not solicit customers of the Branch prior to Closing. Purchaser hereby agrees to indemnify, reimburse, defend and hold harmless Seller for, from and against all Losses arising out of or related to the activities of Purchaser, its agents or contractors on or about the Branch on or prior to the Closing Date.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Solera National Bancorp, Inc.), Purchase and Assumption Agreement (Solera National Bancorp, Inc.)

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Interference or Damage. Prior to Closing, Purchaser shall not interfere with Seller’s 's normal operations or its customers or employee relations. Without limiting the generality of the foregoing, Purchaser shall not solicit customers of the Branch Branches prior to Closing. Purchaser hereby agrees to indemnify, reimburse, defend and hold harmless Seller for, from and against all Losses arising out of or related to the activities of Purchaser, its agents or contractors on or about the Branch Branches on or prior to the Closing Date.

Appears in 2 contracts

Samples: Branch Purchase and Assumption Agreement (Intrust Financial Corp /), Branch Purchase and Assumption Agreement (Rurban Financial Corp)

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