Common use of Notices to Customers Clause in Contracts

Notices to Customers. Prior to the Closing Date, Seller agrees to mail or cause to be mailed, to each of the Depositors, each holder of a safe deposit box domiciled at the Branches and to such other customers as may be required by applicable law, such notice of contemplated transfer of the Assets, the Liabilities or the operations of the Branches as may be required of Seller as a condition of approval by any regulatory authority, or as otherwise may be required by applicable law. Each such notice shall be in a form acceptable to each party hereto, such approval not to be unreasonably withheld. Seller will cooperate with Buyer in preparation and mailing of such notices.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Surety Capital Corp /De/)

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Notices to Customers. Prior to the Closing Date, Seller agrees to mail or cause to be mailed, to each of the Depositors, each holder of a safe deposit box domiciled at the Branches Branch and to such other customers as may be required by applicable law, such notice of contemplated transfer of the Assets, the Liabilities or the operations of the Branches Branch as may be required of Seller as a condition of approval by any regulatory authority, or as otherwise may be required by applicable law. Each such notice shall be in a form acceptable to each party hereto, such approval not to be unreasonably withheld. Seller will cooperate with Buyer in preparation and mailing of such notices.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Independent Bank Group Inc)

Notices to Customers. Prior to the Closing Date, to the extent required by applicable law or as a condition of approval by any regulatory authority, Seller agrees to mail or cause to be mailed, to each of the DepositorsDeposit holders, each holder of a safe deposit box domiciled at the Branches Branch and to such other customers as may be required by applicable lawrequired, such notice of the contemplated transfer of the Assets, the Liabilities or the and operations of the Branches as may be required of Seller as a condition of approval by any regulatory authority, or as otherwise may be required by applicable lawBranch. Each such notice shall be in a form acceptable to each party heretoBuyer and Seller, such approval not to be unreasonably withheld. Seller will cooperate with Buyer in preparation and mailing of such notices.

Appears in 1 contract

Samples: Agreement to Assume Liabilities and to Acquire Assets (United Pan Am Financial Corp)

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Notices to Customers. Prior to the Closing Date, Seller agrees to mail or cause to be mailed, to each of the Depositors, each holder of a safe deposit box domiciled at the Branches and to such other customers as may be required by applicable law, such notice of contemplated transfer of the Assets, the Liabilities or the operations of the Branches as may be required of Seller as a condition of approval by any regulatory authority, or as otherwise may be required by applicable law. Each such notice shall be in a form acceptable to each party hereto, such approval not to be unreasonably withheld. Seller will cooperate with Buyer in preparation and mailing of such notices.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Unionbancorp Inc)

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