Non-satisfaction of Conditions Precedent. The nonoccurrence or delay of the Closing of the Acquisition by reason of the failure of timely satisfaction of all conditions precedent to the obligations of any party hereto to consummate the Acquisition shall in no way relieve such party of any liability to another party hereto, nor be deemed a release or waiver of any claims the other party hereto may have against such party, if and to the extent the failure of timely satisfaction of such conditions precedent is attributable to the actions or inactions of such party.
Appears in 3 contracts
Samples: Purchase and Assumption Agreement (Commercial Bancshares Inc \Oh\), Purchase and Assumption Agreement (Middlefield Banc Corp), Purchase and Assumption Agreement (Middlefield Banc Corp)
Non-satisfaction of Conditions Precedent. The nonoccurrence non-occurrence or delay of the Closing of the Acquisition by reason of the failure of timely satisfaction of all conditions precedent to the obligations of any party hereto to consummate the Acquisition shall in no way relieve such party of any liability to another the other party hereto, nor be deemed a release or waiver of any claims the other party hereto may have against such party, if and to the extent the failure of timely satisfaction of such conditions precedent is attributable to the actions or inactions of such party.
Appears in 2 contracts
Samples: Office Purchase and Assumption Agreement (American Bancorporation /Wv/), Office Purchase and Assumption Agreement (Cobancorp Inc)
Non-satisfaction of Conditions Precedent. The nonoccurrence non-occurrence or delay of the Closing closing of the Acquisition by reason of the failure of timely satisfaction of all conditions precedent to the obligations of any party hereto to consummate the Acquisition shall in no way relieve such party of any liability to another the other party hereto, nor be deemed a release or waiver of any claims the other party hereto may have against such party, if and to the extent the failure of timely satisfaction of such conditions precedent is attributable to the actions or inactions inaction of such party.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (Ameriana Bancorp)
Non-satisfaction of Conditions Precedent. The nonoccurrence non-occurrence or delay of the Closing of the Acquisition by reason of the failure of timely satisfaction of all conditions precedent to the obligations of any party hereto to consummate the Acquisition shall in no way relieve such party of any liability to another the other party hereto, nor be deemed a release or waiver of any claims the other party hereto may have against such party, if and to the extent the failure of timely satisfaction of such conditions precedent is attributable to the actions or inactions inaction of such party.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Nb&t Financial Group Inc)
Non-satisfaction of Conditions Precedent. The nonoccurrence non-occurrence or delay of the Closing of the Acquisition by reason of the failure of timely satisfaction of all conditions precedent to the obligations of any party hereto to consummate the Acquisition shall will in no way relieve such party of any liability to another the other party hereto, nor be deemed a release or waiver of any claims the other party hereto may have against such party, if and to the extent the failure of timely satisfaction of such conditions precedent is attributable to the actions or inactions inaction of such party.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (Consumers Bancorp Inc /Oh/)
Non-satisfaction of Conditions Precedent. The nonoccurrence non-occurrence or ----------------------------------------- delay of the Closing of the Acquisition by reason of the failure of timely satisfaction of all conditions precedent to the obligations of any party hereto to consummate the Acquisition shall in no way relieve such party of any liability to another the other party hereto, nor be deemed a release or waiver of any claims the other party hereto may have against such party, if and to the extent the failure of timely satisfaction of such conditions precedent is attributable to the actions or inactions of such party.
Appears in 1 contract
Samples: Office Purchase and Assumption Agreement (Blackhawk Bancorp Inc)
