Common use of Preservation of Goodwill Clause in Contracts

Preservation of Goodwill. Each party hereto shall use its commercially reasonable efforts to preserve its business organization and the business organizations of its subsidiaries, to keep available the services of its present employees and of the present employees of its subsidiaries, and to preserve the goodwill of customers and others having business relations with such party or its subsidiaries.

Appears in 11 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (United Community Banks Inc), Agreement and Plan of Merger (Four Oaks Fincorp Inc)

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Preservation of Goodwill. Each party hereto shall use its commercially reasonable best efforts to preserve its business organization and the business organizations organization of its subsidiaries, to keep available the services of its present employees and of the present employees of its subsidiaries, and to preserve the goodwill of customers and others having business relations with such party or its subsidiaries.

Appears in 7 contracts

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

Preservation of Goodwill. Each party hereto shall use its commercially reasonable ------------------------ best efforts to preserve its business organization and the business organizations organization of its subsidiaries, to keep available the services of its present employees and of the present employees of its subsidiaries, and to preserve the goodwill of customers and others having business relations with such party or its subsidiaries.

Appears in 2 contracts

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

Preservation of Goodwill. Each party hereto shall use its commercially reasonable best efforts to preserve its business organization and the business organizations of its subsidiariesorganization, to keep available the services of its present employees and of the present employees of its subsidiaries, and to preserve the goodwill of customers and others having business relations with such party or its subsidiariesparty.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (United Community Banks Inc)

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Preservation of Goodwill. Each party hereto shall use its commercially reasonable efforts to preserve its business organization and the business organizations of its subsidiaries, to keep available the services of its present employees and of the present employees of its subsidiaries, and to preserve the goodwill of customers and others having business relations with such party or its subsidiaries.. 2.8

Appears in 1 contract

Samples: Agreement and Plan of Merger (BNC Bancorp)

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