Mortgaging Assets. Take no action to sell, mortgage, pledge, encumber, or otherwise dispose of, or agree to sell, mortgage, pledge, encumber, or otherwise dispose of, any of its property or assets, except in the ordinary course of business, except for property or assets, or any group of related properties or assets, that have a fair market value of less than $100,000.
Appears in 4 contracts
Samples: Merger Agreement (Old Kent Financial Corp /Mi/), Merger Agreement (Old Kent Financial Corp /Mi/), Merger Agreement (Merchants Bancorp Inc/De/)
Mortgaging Assets. Take no action to sell, mortgage, pledge, encumber, or otherwise dispose of, or agree to sell, mortgage, pledge, encumber, or otherwise dispose of, any of its property or assets, except in the ordinary course of business, and except for property or assets, or any group of related properties or assets, that have a fair market value of less than $100,000.
Appears in 2 contracts
Samples: Merger Agreement (Old Kent Financial Corp /Mi/), Merger Agreement (CFSB Bancorp Inc)
Mortgaging Assets. Take no action to sell, mortgage, pledge, encumber, or otherwise dispose of, or agree to sell, mortgage, pledge, encumber, or otherwise dispose of, any of its property or assets, except in the ordinary course of business, business or except for property or assets, or any group of related properties or assets, that have a fair market value of less than $100,000.
Appears in 2 contracts
Samples: Merger Agreement (Grand Premier Financial Inc), Merger Agreement (Old Kent Financial Corp /Mi/)
