No Adverse Litigation. On the Closing Date no action, suit or proceeding shall be threatened or pending against the Purchaser or the Seller which might reasonably be expected to materially and adversely affect the transactions contemplated by this Agreement.
Appears in 3 contracts
Samples: Branch Purchase Agreement (United Community Bancorp), Loan Purchase Agreement (Premier Financial Bancorp Inc), Branch Purchase Agreement (Premier Financial Bancorp Inc)
No Adverse Litigation. On the Closing Date Date, no action, suit or proceeding shall be pending or threatened or pending against the Purchaser or the Seller which might is reasonably be expected likely to materially and adversely affect the transactions transaction contemplated by this Agreementherein.
Appears in 3 contracts
Samples: Purchase and Assumption Agreement (Community Capital Corp /Sc/), Purchase and Assumption Agreement (Community Capital Corp /Sc/), Purchase and Assumption Agreement (Community Capital Corp /Sc/)
No Adverse Litigation. On the Closing Date no action, suit or proceeding shall be threatened or pending against the Purchaser or the Seller which might reasonably be expected to materially and adversely affect the transactions contemplated by this Agreement.
Appears in 2 contracts
Samples: Branch Purchase Agreement (First Financial Service Corp), Purchase and Assumption Agreement (Hopfed Bancorp Inc)
No Adverse Litigation. On the Closing Date Date, no action, suit or proceeding shall be pending or threatened or pending against the Purchaser which challenges the validity or the Seller which might reasonably be expected to materially and adversely affect consummation of the transactions contemplated by under this AgreementAgreement or which seeks to restrain, prevent, rescind or change the terms of this Agreement or the transactions contemplated hereby which, in the reasonable opinion of Seller, makes it inadvisable to proceed with the transactions contemplated hereby.
Appears in 1 contract
No Adverse Litigation. On the Closing Date Date, no action, suit or proceeding shall be threatened or pending against the Purchaser or the Seller which might reasonably be expected to 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. On the Closing Date Date, no action, suit or proceeding shall be threatened or pending against the Purchaser or the Seller which might is reasonably be expected to materially and adversely affect the consummation of transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (Wesbanco Inc)
No Adverse Litigation. On the Closing Date Date, no action, suit or proceeding shall be is threatened or pending against the Purchaser or the Seller which might reasonably be expected to 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. On the Closing Date Date, no action, suit or proceeding shall be pending or threatened or pending against the Purchaser or the Seller NLIC which might is reasonably be expected likely to materially and adversely affect the transactions transaction contemplated by this Agreementherein.
Appears in 1 contract
Samples: Branch Development Agreement (Community Capital Corp /Sc/)
No Adverse Litigation. On the Closing Date Date, no action, suit or proceeding shall be pending or threatened or pending against the Purchaser or the Seller CCC which might is reasonably be expected likely to materially and adversely affect the transactions transaction contemplated by this Agreementherein.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Community Capital Corp /Sc/)
No Adverse Litigation. On the Closing Date Date, no action, suit or proceeding shall be threatened or pending against the Purchaser or the Seller which might reasonably be expected to 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. On the Closing Date Date, no action, suit or proceeding shall be pending or threatened or pending against the Purchaser or the Seller which might reasonably be expected to materially and adversely affect the transactions contemplated by this Agreementthereunder.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (First Bancorp /Nc/)
