Common use of Preservation of Goodwill Clause in Contracts

Preservation of Goodwill. Each party hereto shall use its ------------------------ reasonable best efforts to preserve its business organization and the business 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 4 contracts

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

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Preservation of Goodwill. Each party hereto shall will use its ------------------------ all reasonable best efforts to preserve its and its Subsidiaries' business organization and the business organization of its subsidiariesorganizations intact, to keep available the services of its and its Subsidiaries' present employees officers and of the present employees of its subsidiariesemployees, and to preserve the goodwill of its and its Subsidiaries' customers and others having business relations with such party it or its subsidiariesSubsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Consolidation (Southern Michigan Bancorp Inc)

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Preservation of Goodwill. Each party hereto shall use its ------------------------ reasonable best efforts ------------------------ to preserve its business organization and the business 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 1 contract

Samples: Agreement and Plan of Merger (Premier Bancshares Inc /Ga)

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