No Adverse Litigation. As of the Effective Time, no action, suit or proceeding shall be pending or threatened against Purchaser or Seller which might materially and adversely affect the transactions contemplated hereunder.
Appears in 8 contracts
Samples: Purchase and Assumption Agreement (Virginia Financial Group Inc), Purchase and Assumption Agreement (Virginia Financial Group Inc), Purchase and Assumption Agreement (Newsouth Bancorp Inc)
No Adverse Litigation. As of the Effective Time, no action, suit or proceeding shall be pending or threatened against Purchaser or Seller which might materially and adversely affect the transactions contemplated hereunder.
Appears in 6 contracts
Samples: Purchase and Assumption Agreement (BNC Bancorp), Purchase and Assumption Agreement (Hampton Roads Bankshares Inc), Purchase and Assumption Agreement (Ecb Bancorp Inc)
No Adverse Litigation. As of the Effective Time, no action, suit or proceeding shall be pending or threatened against Purchaser or Seller which that might materially and adversely affect the transactions contemplated hereunder.
Appears in 4 contracts
Samples: Purchase and Assumption Agreement (New Peoples Bankshares Inc), Purchase and Assumption Agreement (First National Corp /Va/), Purchase and Assumption Agreement (Eastern Virginia Bankshares Inc)
No Adverse Litigation. As of On the Effective TimeDate, no action, suit or proceeding shall be pending or threatened against Purchaser or Seller Buyer which might is reasonably likely to materially and adversely affect the transactions contemplated hereunderherein.
Appears in 3 contracts
Samples: Agreement (Meta Financial Group Inc), Agreement (Meta Financial Group Inc), Purchase and Assumption Agreement (West Bancorporation Inc)
No Adverse Litigation. As of the Effective Time, no action, suit suit, or proceeding shall be pending or threatened against Purchaser or Seller Sellers which might materially and adversely affect the transactions contemplated hereunder.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Ohio Legacy Corp), Purchase and Assumption Agreement (First Shares Bancorp Inc)
No Adverse Litigation. As of On the Effective TimeDate, no action, suit or proceeding shall be pending or threatened against Purchaser or Seller which might materially and adversely affect the transactions contemplated hereunder.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Pab Bankshares Inc), Purchase and Assumption Agreement (C & S Bancorporation Inc)
No Adverse Litigation. As of the Effective Time, no action, suit or proceeding shall be pending or threatened against Purchaser or Seller Buyer which might materially and adversely affect the transactions contemplated hereunder.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Second Bancorp Inc)
No Adverse Litigation. As of On the Effective TimeDate, no action, suit or proceeding shall be pending or threatened against Purchaser or Seller which might materially and adversely affect the transactions contemplated hereunderherein.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Union Bankshares Corp)
No Adverse Litigation. As of the Effective Time, no action, suit suit, or proceeding shall be pending or threatened against Purchaser or Seller which that might materially and adversely affect the transactions contemplated hereunder.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (CNB Financial Services Inc)
No Adverse Litigation. As of the Effective Time, no action, ----------------------- suit or proceeding shall be pending or threatened against Purchaser or Seller which that might materially and adversely affect the transactions contemplated hereunder.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (First South Bancorp Inc /Va/)
No Adverse Litigation. As of the Effective Time, no action, suit or proceeding shall be pending or threatened against Purchaser or Seller Peoples which might materially and adversely affect the transactions contemplated hereunder.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Camco Financial Corp)
No Adverse Litigation. As of the Effective Time, no action, suit suit, or proceeding shall be pending or threatened against Purchaser Purchasers or Seller Sellers which might materially and adversely affect the transactions contemplated hereunder.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (First United Corp/Md/)
No Adverse Litigation. As of the Effective Time, no action, suit or proceeding shall be pending or threatened against Purchaser Purchasers or Seller Sellers which might materially and adversely affect the transactions contemplated hereunder.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Huntington Bancshares Inc/Md)
