Notice of Certain Changes or Events. Following the execution of this Agreement, Bancorp and/or FCB promptly will notify SFC in writing of and provide to it such further information as it shall request regarding (i) any FCB Material Adverse Change, or (ii) the actual or prospective existence or occurrence of any condition or event of which Bancorp and/or FCB has Knowledge and which has caused or, with the lapse of time or otherwise, reasonably could be expected to result in a FCB Material Adverse Change or to cause any statement, representation or warranty of Bancorp and/or FCB herein to be or become inaccurate, misleading or incomplete in any material respect, or which has resulted or reasonably could be expected to cause, create or result in the breach or violation in any material respect of any of Bancorp’s and/or FCB’s covenants or agreements contained herein or in the failure of any of the conditions described in Paragraphs 8.01 or 8.
Appears in 2 contracts
Samples: Merger Agreement, Agreement and Plan of Reorganization and Merger (Summit Financial Corp)
Notice of Certain Changes or Events. Following the execution of this AgreementAgreement and up to the Effective Time, Bancorp and/or FCB SFC and SNB promptly will notify SFC FCB in writing of and provide to it such further information as it shall request regarding (i) any FCB SFC Material Adverse Change, or (ii) the actual or prospective existence or occurrence of any condition or event of which Bancorp and/or FCB SFC or SNB has Knowledge and which has caused or, with the lapse of time or otherwise, reasonably could be expected to result in a FCB an SFC Material Adverse Change or to cause any statement, representation or warranty of Bancorp and/or FCB SFC or SNB herein to be or become inaccurate, misleading or incomplete in any material respect, or which has resulted or reasonably could be expected to cause, create or result in the breach or violation in any material respect of any of BancorpSFC’s and/or FCBor SNB’s covenants or agreements contained herein or in the failure of any of the conditions described in Paragraphs 8.01 or 88.03.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization and Merger (Summit Financial Corp)
Notice of Certain Changes or Events. Following the execution of this AgreementAgreement and up to the Effective Time, Bancorp and/or FCB SFC and SNB promptly will notify SFC FCB in writing of and provide to it such further information as it shall request regarding (i) any FCB SFC Material Adverse Change, or (ii) the actual or prospective existence or occurrence of any condition or event of which Bancorp and/or FCB SFC or SNB has Knowledge and which has caused or, with the lapse of time or otherwise, reasonably could be expected to result in a FCB an SFC Material Adverse Change or to cause any statement, representation or warranty of Bancorp and/or FCB SFC or SNB herein to be or become inaccurate, misleading or incomplete in any material respect, or which has resulted or reasonably could be expected to cause, create or result in the breach or 23 violation in any material respect of any of BancorpSFC’s and/or FCBor SNB’s covenants or agreements contained herein or in the failure of any of the conditions described in Paragraphs 8.01 or 88.03.
Appears in 1 contract
Samples: Merger Agreement