Common use of Litigation and Undisclosed Liabilities Clause in Contracts

Litigation and Undisclosed Liabilities. There are no actions, complaints, petitions, suits or other proceedings or any decree, injunction, judgment, order or ruling entered, promulgated or pending or, to Seller’s Knowledge, threatened against Seller, affecting or relating to in any manner the banking operations of Seller, the Branches, the Assets or the Assumed Liabilities. To Seller’s Knowledge, there are no facts or circumstances that would reasonably be expected to result in any material claims, obligations or liabilities with respect to the Branches, the Assets or the Assumed Liabilities other than as otherwise disclosed in this Agreement, including the Schedules hereto and the Seller Disclosure Schedule.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (MVB Financial Corp), Purchase and Assumption Agreement (MVB Financial Corp)

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Litigation and Undisclosed Liabilities. There are no actions, complaints, petitions, suits or other proceedings or any decree, injunction, judgment, order or ruling entered, promulgated or pending or, to Seller’s Knowledgeknowledge, threatened against Seller, Seller and affecting or relating to in any material manner the banking operations of Seller, the Branches, the Assets or the Assumed LiabilitiesLiabilities or against any of the Branches. To Seller’s Knowledgeknowledge, there are no facts or circumstances that would reasonably be expected to result in any material claims, obligations or liabilities with respect to the Branches, the Assets or the Assumed Liabilities other than as otherwise disclosed in this Agreement, including the Schedules hereto and the Seller Disclosure Schedule.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Camden National Corp)

Litigation and Undisclosed Liabilities. There are no actions, complaints, petitions, suits or other proceedings or any decree, injunction, judgment, order or ruling entered, promulgated or pending or, to Seller’s 's Knowledge, threatened against Seller, Seller and affecting or relating to in any material manner the banking operations of Seller, the BranchesBranch, the Assets or the Assumed LiabilitiesLiabilities or against the Branch. To Seller’s 's Knowledge, there are no facts or circumstances that would reasonably be expected to result in any material claims, obligations or liabilities with respect to the BranchesBranch, the Assets or the Assumed Liabilities other than as otherwise disclosed in this Agreement, including the Schedules hereto and the Seller Disclosure Schedule.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First Bancorp, Inc /ME/)

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Litigation and Undisclosed Liabilities. There are no actions, complaints, petitions, suits or other proceedings or any decree, injunction, judgment, order or ruling entered, promulgated or pending or, to Seller’s Knowledgeknowledge, threatened against Seller, Seller and affecting or relating to in any manner the banking operations of Seller, the BranchesBranch, the Assets or the Assumed LiabilitiesLiabilities or against the Branch. To Seller’s Knowledgeknowledge, there are no facts or circumstances that would reasonably be expected to result in any material claims, obligations or liabilities with respect to the BranchesBranch, the Assets or the Assumed Liabilities other than as otherwise disclosed in this Agreement, including the Schedules hereto and the Seller Disclosure Schedule.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Floridian Financial Group Inc)

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