No Impediments. It has not taken or agreed to take any action, nor does it have knowledge of any fact or circumstance, that would materially impede or delay the consummation of the Transactions or the ability of the Parties to obtain any approval of any Governmental Entity required for consummation of the Transactions or to perform their covenants and agreements under this Agreement.
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Samples: Merger Agreement (Cohoes Bancorp Inc), Agreement and Plan of Consolidation (Parkvale Financial Corp)
No Impediments. It has not taken or agreed to take any action, nor does it have knowledge of any fact or circumstance, that would (i) materially impede or delay the consummation of the Transactions or the ability of the Parties to obtain any approval of any Governmental Entity required for consummation of the Transactions or to perform their covenants and agreements under this AgreementAgreement or (ii) prevent the Transactions from qualifying as reorganizations within the meaning of Section 368(a) of the Code.
Appears in 2 contracts
Samples: Merger Agreement (Hudson River Bancorp Inc), Merger Agreement (Cohoes Bancorp Inc)
No Impediments. It has not taken or agreed to take any action, nor does it have knowledge of any fact or circumstance, that would (i) materially impede or delay the consummation of the Transactions Merger or the ability of the Parties to obtain any approval of any Governmental Entity required for consummation of the Transactions Merger or to perform their covenants and agreements under this AgreementAgreement or (ii) prevent the Merger from qualifying as a reorganization within the meaning of Section 368(a) of the Code.
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