Common use of NONCOMPLIANCE OF VAIL BANKS Clause in Contracts

NONCOMPLIANCE OF VAIL BANKS. By the Company, if the terms, covenants or conditions of this Agreement to be complied with or performed by Vail Banks at or before the Closing shall not have been complied with or performed in all material respects and such noncompliance or non-performance shall not have been waived by the Company.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Vail Banks Inc), Agreement and Plan of Reorganization (Vail Banks Inc)

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NONCOMPLIANCE OF VAIL BANKS. By the Company, if the --------------------------- terms, covenants or conditions of this Agreement to be complied with or performed by Vail Banks at or before the Closing shall not have been complied with or performed in all material respects and such noncompliance or non-non- performance shall not have been waived by the Company.

Appears in 2 contracts

Samples: Merger Agreement and Plan (Vail Banks Inc), Merger Agreement and Plan of Reorganization (Vail Banks Inc)

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NONCOMPLIANCE OF VAIL BANKS. By the Company, if the terms, --------------------------- covenants or conditions of this Agreement to be complied with or performed by Vail Banks at or before the Closing shall not have been complied with or performed in all material respects and such noncompliance or non-performance shall not have been waived by the Company.

Appears in 2 contracts

Samples: Merger Agreement (Vail Banks Inc), Stock Purchase Agreement (Vail Banks Inc)

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