Merger or Transfer of Assets. This Agreement shall not be terminated due to: (a) a merger where Bank is not the surviving corporation; (b) a consolidation; or (c) a transfer of all or substantially all of the assets of Bank.
Appears in 2 contracts
Samples: Waiver and Release Agreement (Eldorado Bancshares Inc), Waiver and Release Agreement (Eldorado Bancshares Inc)
Merger or Transfer of Assets. This Agreement shall not be terminated due to: (a) a merger where Bank is not the surviving corporation; (b) a consolidation; or (c) a transfer of all or substantially all of the assets of Bank. Bank shall take all actions necessary to insure that the surviving or resulting corporation, if other than Bank, or transferee of Bank’s assets is bound by and shall have the benefit of the provisions of this Agreement. In the case of dissolution, this Agreement shall be terminated.
Appears in 1 contract
Merger or Transfer of Assets. This Agreement shall not be terminated due to: (a) a merger where Bank is not the surviving corporation; (b) a consolidation; or (c) a transfer of all or substantially all of the assets of Bank. In the case of dissolution, this Agreement shall be terminated.
Appears in 1 contract
Samples: Waiver and Release Agreement (Commerce Security Bancorp Inc)
Merger or Transfer of Assets. This Agreement shall not be terminated due to: (a) a merger where Bank is not the surviving corporation; (b) a consolidation; or (c) a transfer of all or substantially all of the assets of the Bank. Bank shall take all actions necessary to insure that the surviving or resulting corporation, if other than Bank, or transferee of Bank's assets is bound by and shall have the benefit of the provisions of this Agreement. In the case of dissolution, this Agreement shall be terminated.
Appears in 1 contract
