Litigation and Undisclosed Liabilities. There are no actions, suits or proceedings that have a reasonable likelihood of an adverse determination pending or, to Purchaser's knowledge, threatened against Purchaser, or obligations or liabilities (whether or not accrued, contingent or otherwise) or, to Purchaser's knowledge, facts or circumstances that could reasonably be expected to result in any claims against or obligations or liabilities of Purchaser that, individually or in the aggregate, would have a Material Adverse Effect.
Appears in 10 contracts
Samples: Purchase and Assumption Agreement (National Bancshares Corp of Texas), Purchase and Assumption Agreement (Heritage Oaks Bancorp), Purchase and Assumption Agreement (Klamath First Bancorp Inc)
Litigation and Undisclosed Liabilities. There are no actions, suits or proceedings that have a reasonable likelihood of an adverse determination pending or, to Purchaser's ’s knowledge, threatened against Purchaser, or obligations or liabilities (whether or not accrued, contingent or otherwise) or, to Purchaser's ’s knowledge, facts or circumstances that could reasonably be expected to result in any claims against or obligations or liabilities of Purchaser that, individually or in the aggregate, would have a Material Adverse Effect.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (First Place Financial Corp /De/), Purchase and Assumption Agreement (First Place Financial Corp /De/)
Litigation and Undisclosed Liabilities. There are no actions, suits or proceedings that have a reasonable likelihood of an adverse determination pending or, to PurchaserBuyer's knowledge, threatened against PurchaserBuyer, or obligations or liabilities (whether or not accrued, contingent or otherwise) or, to PurchaserBuyer's knowledge, facts or circumstances that could reasonably be expected to result in any claims against or obligations or liabilities of Purchaser Buyer that, individually or in the aggregate, would have a Material Adverse Effect.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Pacific State Bancorp)