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Common use of Preservation Clause in Contracts

Preservation. Fail to use reasonable efforts to preserve intact in any material respect their business organizations and assets and maintain their rights, franchises and existing relations with customers, suppliers, employees and business associates.

Appears in 23 contracts

Samples: Merger Agreement (Sky Financial Group Inc), Merger Agreement (Sky Financial Group Inc), Merger Agreement (First Citizens Banc Corp /Oh)

Preservation. Fail to use reasonable efforts to (i) preserve intact in any material respect their business organizations and assets and (ii) maintain their rights, franchises and existing relations with customers, suppliers, employees and business associates, or take any action reasonably likely to materially impair the ability of Mutual First to perform any of its obligations under this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Marion Capital Holdings Inc), Merger Agreement (MFS Financial Inc)