Mergers or Consolidations. Borrower shall not, and shall not permit any of the Bank Subsidiaries to, purchase substantially all of the assets of, or merge into or consolidate with or into, any other person, entity or corporation, without the prior written consent of Lender, which consent shall not be unreasonably withheld; provided, however, that no such consent shall be required unless the purchase, merger or consolidation would be considered to involve a significant business combination as determined for purposes of the pro forma financial information filing requirements of Article 11 of Regulation S-X of the Securities and Exchange Commission.
Appears in 4 contracts
Samples: Loan and Subordinated Debenture Purchase Agreement (German American Bancorp, Inc.), Loan and Subordinated Debenture Purchase Agreement (German American Bancorp, Inc.), Loan Agreement (German American Bancorp)
