Common use of Limitation on Conduct Prior Clause in Contracts

Limitation on Conduct Prior. to Effective Time of the Merger. ----------------------------------------------------------- Between the date hereof and the Effective Time of the Merger, except as contemplated by this Agreement and subject to requirements of law and regulation generally applicable to bank holding companies and banks, each of GBB and its Subsidiaries shall not, without the prior written consent of SJNB, which consent SJNB shall not unreasonably withhold or delay:

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Greater Bay Bancorp), Agreement and Plan of Reorganization (SJNB Financial Corp)

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Limitation on Conduct Prior. to Effective Time of the Merger. ----------------------------------------------------------- Between the date hereof and the Effective Time of the Merger, except as contemplated by this Agreement and subject to requirements of law and regulation generally applicable regulation, SJNB agrees to bank holding companies conduct its business (and banksto cause the SJNB Subsidiaries to conduct their respective businesses) in the ordinary course in substantially the manner heretofore conducted and in accordance with sound banking practices, each of GBB and its SJNB and the SJNB Subsidiaries shall not, without the prior written consent of SJNBGBB, which consent SJNB GBB shall not unreasonably withhold or delay:

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Greater Bay Bancorp), Agreement and Plan of Reorganization (SJNB Financial Corp)

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