Obligations of Successors. The Bank shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Bank to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Bank would be required to perform if no such succession had taken place.
Appears in 4 contracts
Samples: Agreement (Randolph Bancorp, Inc.), Agreement (Randolph Bancorp, Inc.), Agreement (Randolph Bancorp, Inc.)
Obligations of Successors. The Corporation and/or the Bank shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Corporation and/or the Bank to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Corporation and/or the Bank would be required to perform if no such succession had taken place.
Appears in 4 contracts
Samples: Control Agreement (Washington Trust Bancorp Inc), Change in Control Agreement (Washington Trust Bancorp Inc), Severance Agreement (Washington Trust Bancorp Inc)
