No Adverse Litigation. No claim, action, suit or proceeding shall be pending or threatened against the Purchaser or the Seller as of the Closing Date which might reasonably be expected to (a) materially and adversely affect the Branches, the Assets or the Assumed Liabilities, or (b) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 4 contracts
Samples: Branch Purchase and Assumption Agreement (Greene County Bancshares Inc), Branch Purchase and Assumption Agreement (Blue River Bancshares Inc), Branch Purchase and Assumption Agreement (Greene County Bancshares Inc)
No Adverse Litigation. No claim, On the Closing Date no action, suit or proceeding shall be threatened or pending or threatened against the Purchaser or the Seller as of the Closing Date which might reasonably be expected to (a) materially and adversely affect the Branchesbusiness, properties and assets of the Assets Branches or the Assumed Liabilities, or (b) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 3 contracts
Samples: Branch Purchase Agreement (United Community Bancorp), Branch Purchase Agreement (Premier Financial Bancorp Inc), Loan Purchase Agreement (Premier Financial Bancorp Inc)
No Adverse Litigation. No claim, On the Closing Date no action, suit or proceeding shall be threatened or pending against Buyer or threatened against the Purchaser or the Seller as of the Closing Date which might reasonably be expected to (a) materially and adversely affect the Branchesbusiness, properties and assets of the Assets Branches or the Assumed Liabilities, or (b) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 2 contracts
Samples: Agreement to Purchase Assets and Assume Liabilities (First Financial Service Corp), Agreement to Purchase Assets and Assume Liabilities (First Savings Financial Group Inc)
No Adverse Litigation. No claimOn the Closing Date, no action, suit or proceeding shall be is threatened or pending or threatened against the Purchaser or the Seller as of the Closing Date which might reasonably be expected to (ai) materially and adversely affect the Branchesbusiness, properties and assets of the Assets or the Assumed Liabilities, Branch or (bii) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (First Bancorp, Inc /ME/)
No Adverse Litigation. No claimAs of the Closing Date, no action, suit or proceeding shall be pending or threatened against the Purchaser Seller or Purchaser, or the Seller as of the Closing Date Assets and Liabilities, which might reasonably could be expected to (a) materially and adversely affect the Branches, business and operations of Seller at its Branch or the Assets or the Assumed and Liabilities, or (b) materially and adversely affect the transactions transaction contemplated by this Agreement.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Century Bancshares Inc)
No Adverse Litigation. No claimOn the Closing Date, no action, suit or proceeding shall be threatened or pending or threatened against the Purchaser or the Seller as of the Closing Date which might reasonably be expected to (ai) materially and adversely affect the Branchesbusiness, properties and assets of the Assets or the Assumed Liabilities, Branch or (bii) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Ohio Legacy Corp)
No Adverse Litigation. No claim, action, suit or proceeding shall be pending or threatened against the Purchaser Purchaser, the Bank or the Seller as of the Closing Date which might reasonably be expected to (a) materially and adversely affect the BranchesBanking Business, the Assets or the Assumed Liabilities, or (b) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (First Financial Corp /In/)
No Adverse Litigation. No claim, action, suit or proceeding Proceeding shall be pending or threatened against the Purchaser or the Seller as of the Closing Date which might reasonably be expected to (a) materially and adversely affect the Branches, the Assets or the Assumed Liabilities, or (b) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (First Mid Illinois Bancshares Inc)
No Adverse Litigation. No claim, action, suit or proceeding shall be pending or threatened against the Purchaser or the Seller as of the Closing Date which might reasonably be expected to (a) materially and adversely affect the BranchesBranch, the Assets or the Assumed Liabilities, or (b) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (River Valley Bancorp)
No Adverse Litigation. No claim, On the Closing Date no action, suit or proceeding shall be threatened or pending or threatened against the Purchaser or the Seller as of the Closing Date which might reasonably be expected to (ai) materially and adversely affect the Branchesbusiness, properties, assets and assumed liabilities of the Assets or the Assumed Liabilities, Branches or (bii) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Hopfed Bancorp Inc)
No Adverse Litigation. No claim, action, suit or proceeding shall be pending or threatened against the Purchaser or the Seller as of On the Closing Date no Legal Proceeding shall be threatened or pending against Purchaser or Seller which might reasonably be expected to (a) materially and adversely affect the Branchesbusiness, properties and assets of the Assets Branches or the Assumed Liabilities, or (b) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Branch Purchase Agreement (First Financial Service Corp)
No Adverse Litigation. No claimOn the Closing Date, no action, suit or proceeding shall be threatened or pending or threatened against the Purchaser or the Seller as of the Closing Date which might reasonably be expected to (ai) materially and adversely affect the Branchesbusiness, properties and assets of the Assets or the Assumed Liabilities, Branch or (bii) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (DCB Financial Corp)
No Adverse Litigation. No claimAs of the Closing Date, no action, suit or proceeding shall be pending or threatened against the Purchaser Seller or Purchaser, or the Seller as of the Closing Date Assets and Liabilities, which might reasonably could be expected to (a) materially and adversely affect the Branches, business and operations of Seller at its Branch or the Assets or the Assumed and Liabilities, or (b) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Century Bancshares Inc)
No Adverse Litigation. No claimAs of the Closing Date, no action, suit or proceeding shall be pending or threatened against the Purchaser Seller, or the Seller as of the Closing Date Assets and Liabilities, which might reasonably could be expected to (a) materially and adversely affect have a Material Adverse Effect on Seller or the Branches, the Assets or the Assumed Liabilities, or (b) materially and adversely affect the transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Franklin Bank Corp)
