Common use of Negative Covenants of Target Clause in Contracts

Negative Covenants of Target. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of Purchaser shall have been obtained, which consent shall not be unreasonably withheld, and except as otherwise expressly contemplated herein, Target covenants and agrees that it will not do or agree or commit to do or permit any Target Entity to agree or commit to do any of the following:

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Mid Wisconsin Financial Services Inc), Agreement and Plan of Reorganization (Buckhead Community Bancorp Inc), Agreement and Plan of Reorganization (Atlantic Southern Financial Group, Inc.)

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Negative Covenants of Target. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of Purchaser shall have been obtained, which consent shall not be unreasonably withheld, and except as otherwise expressly contemplated herein, Target covenants and agrees that it will not do or agree or commit to do do, or permit any Target Entity of its Subsidiaries to do or agree or commit to do do, any of the followingfollowing without the prior written consent of the chief executive officer or chief financial officer of Purchaser, which consent shall not be unreasonably withheld or delayed:

Appears in 3 contracts

Samples: Agreement and Plan of Merger (First National Banc Inc), Agreement and Plan of Merger (Abc Bancorp), Agreement and Plan of Merger (Ameris Bancorp)

Negative Covenants of Target. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of Purchaser Buyer shall have been obtained, which consent shall not be unreasonably withheld, and except as otherwise expressly contemplated hereinherein or as set forth in Section 6.2 of Target’s Disclosure Memorandum, Target covenants and agrees that it will not do or agree or commit to do do, or permit any Target Entity of its Subsidiaries to do or agree or commit to do do, any of the following:

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Banctrust Financial Group Inc), Agreement and Plan (Banctrust Financial Group Inc)

Negative Covenants of Target. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of Purchaser Buyer shall have been obtained, obtained (which consent shall not be unreasonably withheld, delayed or conditioned), and except as otherwise expressly contemplated hereinherein or as Previously Disclosed, Target covenants and agrees that it will not do or agree or commit to do do, or permit any Target Entity of its Subsidiaries to do or agree or commit to do do, any of the following:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sterling Bancshares Inc), Agreement and Plan of Merger (Comerica Inc /New/)

Negative Covenants of Target. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of Purchaser shall have been obtained, which consent shall not be unreasonably withheld, and except as otherwise expressly contemplated herein, Target covenants and agrees that it will not do or agree or commit to do do, or permit any Target Entity of its Subsidiaries to do or agree or commit to do do, any of the followingfollowing without the prior written consent of the chief executive officer or chief financial officer of Purchaser, which consent shall not be unreasonably withheld:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Abc Bancorp), Employment Agreement (Abc Bancorp)

Negative Covenants of Target. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of Purchaser Buyer shall have been obtained, obtained (which consent shall not be unreasonably withheld), and except as otherwise expressly contemplated herein, or as disclosed in Section 7.2 of the Target Disclosure Memorandum, Target covenants and agrees that it will not do or agree or commit to do do, or permit any Target Entity of its Subsidiaries to do or agree or commit to do do, any of the following:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Fuqua Enterprises Inc), Agreement and Plan of Merger (Graham Field Health Products Inc)

Negative Covenants of Target. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of Purchaser Buyer shall have been obtained, obtained (which consent shall not be unreasonably withheldwithheld or delayed), except as set forth in Section 7.2 of the Target Disclosure Memorandum, and except as otherwise expressly contemplated herein, Target covenants and agrees that it will not do or agree or commit to do do, or permit any Target Entity Subsidiary to do or agree or commit to do do, any of the following:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lev Pharmaceuticals Inc)

Negative Covenants of Target. From the date of this Agreement until the earlier of the Partnership Merger Effective Time or the termination of this Agreement, unless the prior written consent of Purchaser Buyer shall have been obtained, which consent shall not be unreasonably withheld, and except as otherwise expressly contemplated herein, Target covenants and agrees that it will not do or agree or commit to do do, or permit any Target Entity of its Subsidiaries to do or agree or commit to do do, any of the following:

Appears in 1 contract

Samples: Agreement and Plan of Merger (BNP Residential Properties Inc)

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Negative Covenants of Target. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of Purchaser Buyer shall have been obtained, which consent shall not be unreasonably withheld, and except as otherwise expressly contemplated hereinherein or as set forth in Section 6.2 of Target’s Disclosure Memorandum, Target covenants and agrees that it will not do or agree or commit to do do, or cause or permit any Target Entity of its Subsidiaries to do or agree or commit to do do, any of the following:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Simmons First National Corp)

Negative Covenants of Target. From the date of this Agreement until the earlier of (i) the election to Target's Board of Directors of Buyer's designees pursuant to Section 1.3(a), (ii) the Effective Time Time, or (iii) the termination of this Agreement, unless the prior written consent of Purchaser Buyer shall have been obtained, which consent shall not be unreasonably withheld, and except as otherwise expressly contemplated herein, Target covenants and agrees that it will not do or agree or commit to do do, or permit any Target Entity of its Subsidiaries to do or agree or commit to do do, any of the following:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Duck Head Apparel Co Inc)

Negative Covenants of Target. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of Purchaser Buyer shall have been obtained, which consent shall not be unreasonably withheld, and except as otherwise expressly contemplated hereinherein or as set forth in Section 6.2 of Target’s Disclosure Memorandum, Target covenants and agrees that it will shall not do or agree or commit to do do, or permit any Target Entity of its Subsidiaries to do or agree or commit to do do, any of the following:

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (WSFS Financial Corp)

Negative Covenants of Target. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of Purchaser Buyer shall have been obtained, which consent shall not be unreasonably withheld, and except as otherwise expressly contemplated herein, Target covenants and agrees that it will not do or agree or commit to do do, or permit any Target Entity of its Subsidiaries to do or agree or commit to do do, any of the following:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Dal Tile International Inc)

Negative Covenants of Target. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of Purchaser Buyer shall have been obtained, which consent shall not be unreasonably withheld, and except as otherwise expressly contemplated herein, Target covenants and agrees that it will not do or agree or commit to do or permit any Target Entity to agree or commit to do any of the following:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Vicon Industries Inc /Ny/)

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