Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,
Appears in 11 contracts
Samples: Purchase and Assumption Agreement (BNC Bancorp), Purchase and Assumption Agreement (Hampton Roads Bankshares Inc), Purchase and Assumption Agreement (Eastern Virginia Bankshares Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.19.1 hereof, and except as otherwise stated therein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,
Appears in 9 contracts
Samples: Purchase and Assumption Agreement (C & S Bancorporation Inc), Purchase and Assumption Agreement (Bancfirst Corp /Ok/), Purchase and Assumption Agreement (Newsouth Bancorp Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.110.1 hereof, and except as otherwise stated therein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 8 contracts
Samples: Purchase and Assumption Agreement (Ohio Legacy Corp), Purchase and Assumption Agreement (First United Corp/Md/), Purchase and Assumption Agreement (Rurban Financial Corp)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein15.01 hereof, written notice thereof shall forthwith be given to the other partyparty in accordance with Section 17.08 of this Agreement, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 6 contracts
Samples: Acquisition Agreement (Community Bancshares Inc /De/), Acquisition Agreement (Community Bancshares Inc /De/), Acquisition Agreement (Community Bancshares Inc /De/)
Procedure Upon Termination. In the event of termination pursuant to Section 9.110.1 hereof, and except as otherwise stated therein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,
Appears in 4 contracts
Samples: Purchase and Assumption Agreement (First Essex Bancorp Inc), Purchase and Assumption Agreement (Huntington Bancshares Inc/Md), Purchase and Assumption Agreement (Republic Bancshares Inc)
Procedure Upon Termination. (a) In the event of termination pursuant to Section 9.111.1, and except as otherwise stated therein, written notice thereof shall be given to the other party, and and, except as set forth in Section 11.2(b), this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 4 contracts
Samples: Purchase and Assumption Agreement (Heartland Financial Usa Inc), Purchase and Assumption Agreement (QCR Holdings Inc), Purchase and Assumption Agreement (Bay View Capital Corp)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein8.1 hereof, written notice thereof shall forthwith be given to the other party, and this Agreement shall terminate immediately and be null and void upon receipt of such notice immediately unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 4 contracts
Samples: Branch Purchase Agreement (First Financial Service Corp), Branch Purchase Agreement (United Community Bancorp), Loan Purchase Agreement (Premier Financial Bancorp Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein, written notice thereof shall be immediately given to the other party, Parties and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to be terminated, without any further action by the party having the right to terminateany Party. If the transactions contemplated by this Agreement is are terminated as provided herein,:
Appears in 4 contracts
Samples: Stock Purchase Agreement (Hallmark Financial Services Inc), Paac Purchase Agreement (Hallmark Financial Services Inc), Purchase Agreement (Hallmark Financial Services Inc)
Procedure Upon Termination. In the event of termination and abandonment pursuant to Section 9.1, and except as otherwise stated therein, 9.01 hereof; written notice thereof shall forthwith be given by the terminating party to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by terminate, and the party having the right to terminateMerger shall be abandoned, without further action. If this Agreement is terminated as provided herein,:
Appears in 4 contracts
Samples: Merger Agreement (Stone Field Management Co), Merger Agreement (Achievement Investments Inc), Merger Agreement (Inid Corp)
Procedure Upon Termination. In the event of termination pursuant to of this Agreement under Section 9.1, and except as otherwise stated therein12.1, written notice Notice thereof shall forthwith be given to the other party, and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to be terminated and abandoned, without further action by the party having the right to terminateparties hereto. If this Agreement is terminated as provided herein,:
Appears in 3 contracts
Samples: Asset Purchase Agreement (Vivus Inc), Asset Purchase Agreement (Vivus Inc), Asset Purchase Agreement (Kv Pharmaceutical Co /De/)
Procedure Upon Termination. In the event of termination of this Agreement pursuant to Section 9.1, and except as otherwise stated therein8.1 hereof, written notice thereof of such termination shall forthwith be given to the other partyParties, and this Agreement shall thereupon terminate immediately upon receipt of such notice unless an extension is consented to without further action by the party having the right to terminate. If this Agreement is terminated as provided herein,any Party.
Appears in 3 contracts
Samples: Share Purchase Agreement (Lufax Holding LTD), Share Purchase Agreement, Share Purchase Agreement (NaaS Technology Inc.)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein9.01 hereof, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice notice, unless an extension is consented to by the party or parties having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Eagle Financial Corp), Assignment and Assumption Agreement (Eagle Financial Corp)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein, 10.1 hereof written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 2 contracts
Samples: Agreement (Meta Financial Group Inc), Agreement (Meta Financial Group Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.110.1, and except as otherwise specifically stated therein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Green Bancorp, Inc.), Purchase and Assumption Agreement (Green Bancorp, Inc.)
Procedure Upon Termination. In the event of the termination of this Agreement by either party as provided in Section 11.01 (other than pursuant to clause (i) of Section 9.1, and except as otherwise stated therein11.01), written notice thereof shall forthwith be given to the other partyparty to this Agreement, and this Agreement (other than the provisions of Sections 8.03, 10.02, 10.03 and 12.09) shall terminate immediately upon receipt of such notice unless an extension is consented to without further action by the party having the right to terminate. If this Agreement is terminated as provided herein,Sellers or Buyers.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Twinlab Corp), Asset Purchase Agreement (Twinlab Corp)
Procedure Upon Termination. (a) In the event of termination pursuant to Section 9.1, and except as otherwise stated therein11.1, written notice thereof shall be given to the other party, and and, except as set forth in Section 11.2(b), this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 2 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (Bryn Mawr Bank Corp)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein, written notice thereof shall be immediately given to the other party, Party and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to be terminated, without any further action by the party having the right to terminateany Party. If the transactions contemplated by this Agreement is are terminated as provided herein,:
Appears in 2 contracts
Samples: Purchase Agreement (Hallmark Financial Services Inc), Purchase Agreement (Hallmark Financial Services Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated thereinthis Article 9, written notice thereof shall forthwith be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice notice, immediately unless an extension is consented to by the party or parties having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Community First Inc), Purchase and Assumption Agreement (First Citizens Bancshares Inc /Tn/)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein10.1, written notice thereof shall will be immediately given to the other party, Party and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to will be terminated, without any further action by the party having the right to terminateeither Party. If the transactions contemplated by this Agreement is are terminated as provided herein,:
Appears in 2 contracts
Samples: Asset Purchase Agreement (Inspire Insurance Solutions Inc), Asset Purchase Agreement (Inspire Insurance Solutions Inc)
Procedure Upon Termination. In the event of termination by any party pursuant to Section 9.1, and except as otherwise stated therein7.01 hereof, written notice thereof shall promptly be given to the other parties and the Transaction shall be terminated, without further action by any party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement the Transaction is terminated as provided herein,, then:
Appears in 2 contracts
Samples: Acquisition Agreement (Autocorp Equities Inc), Acquisition Agreement (Autocorp Equities Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.110.2 of this Agreement, and except as otherwise specifically stated therein, written notice thereof shall be given to the other partyParty, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party Party having the right to terminate. If this Agreement is terminated as provided herein,
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (First Bancorp /Pr/), Purchase and Assumption Agreement (Home Bancshares Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein11.01 hereof, written notice thereof shall forthwith be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice notice, immediately unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 2 contracts
Samples: Stock Purchase Agreement (Vermont Financial Services Corp), Stock Purchase Agreement (Arrow Financial Corp)
Procedure Upon Termination. In the event of termination and abandonment by the Owner or the Purchaser, or both, pursuant to Section 9.1, and except as otherwise stated therein9.01, written notice thereof shall forthwith be given to the other party, and this Agreement shall terminate immediately upon receipt terminate, without further action by any of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,parties hereto.
Appears in 2 contracts
Samples: Stock Purchase Agreement, Membership Interest Purchase Agreement (Unrivaled Brands, Inc.)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein10.1, written notice thereof shall will be immediately given to the other party, Parties and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to will be terminated, without any further action by the party having the right to terminateany Party. If the transactions contemplated by this Agreement is terminated as provided herein,are so terminated:
Appears in 2 contracts
Samples: Asset Purchase Agreement (Marketing Specialists Corp), Stock Purchase Agreement (Marketing Specialists Corp)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein14.1 hereof, written notice thereof shall forthwith be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice immediately unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Netbank Inc), Purchase and Assumption Agreement (First Alliance/Premier Bancshares Inc)
Procedure Upon Termination. (a) In the event of termination pursuant to Section 9.111.1, and except as otherwise stated therein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice notice, unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 2 contracts
Samples: Asset Purchase Agreement (Colonial Bancgroup Inc), Asset Purchase Agreement (Global Consumer Acquisition Corp.)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein9.1 hereof, written notice thereof shall forthwith be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Citizens Bancshares Inc /Oh/)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated thereinll.l hereof, written notice thereof shall be given by the terminating party to the other party, and this Agreement shall terminate immediately upon receipt of such notice notice, unless an extension is consented to by the party or parties having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein10.1 hereof, written notice thereof shall forthwith be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice immediately unless an extension is consented to by the party having the right to terminate. If Without limiting the terms of the Confidentiality Agreement, if this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (Wesbanco Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein12.1 hereof, written notice thereof shall forthwith be given to the other partyParty, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminatenotice. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Purchase and Sale (Southern Connecticut Bancorp Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated thereinSECTION 9.1 hereof, written notice thereof shall forthwith be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice immediately unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (First Bancorp /Nc/)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein8.1 hereof, written notice thereof shall forthwith be given to the other party, and this Agreement shall terminate immediately and be null and void upon receipt of such notice immediately or, in the case of Section 8.1(d), upon the passage of thirty (30) days following such notice if no cure of a breach has occurred, unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Hopfed Bancorp Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.19.1 hereof, and except as otherwise stated therein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to in writing by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (West Bancorporation Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein10.1, written notice thereof shall immediately be given by the terminating party to the other party, parties and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to be terminated without further action by the party having the right to terminateeither party. If the transactions contemplated by this Agreement is are terminated as provided herein,:
Appears in 1 contract
Samples: Asset Contribution Agreement (Usabancshares Com Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein8.1 hereof, written notice thereof shall be given promptly to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (DNB Financial Corp /Pa/)
Procedure Upon Termination. In the event of termination pursuant to Section 9.19.1 hereof, and except as otherwise stated therein, written notice thereof shall be given to the other partyparties, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Flag Financial Corp)
Procedure Upon Termination. In the event of termination pursuant to Section 9.19.01 hereof, and except as otherwise stated therein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice (or as otherwise set forth in Section 9.01(c) and Section 9.01(d)), unless an extension is consented to in writing by the party having the right to terminate. If this Agreement is terminated as provided herein,
Appears in 1 contract
Samples: Stock Purchase Agreement (Seacoast Banking Corp of Florida)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein5.1, written notice thereof shall immediately be given by the terminating party to the other party, party and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to be terminated, without further action by the parties; provided, however, that such termination shall not in any way limit or restrict the rights and remedies of the Selling Stockholders or the Purchaser against the other party having the right to terminate. If that has materially breached this Agreement is terminated as provided herein,prior to the termination hereof.
Appears in 1 contract
Samples: Stock Purchase Agreement (First Chesapeake Financial Corp)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein11.1, written notice thereof shall of termination will forthwith be given to the other party, and this Agreement shall will terminate and be null and void immediately upon receipt of such notice notice, unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (First Bancorp, Inc /ME/)
Procedure Upon Termination. In the event of termination pursuant to Section 9.19.1 hereof, and except as otherwise stated therein, written notice thereof shall be given to the other partyParty, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party Party having the right to terminate. If this Agreement is terminated as provided herein,
Appears in 1 contract
Samples: Purchase and Assumption Agreement (City National Bancshares Corp)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein10.1 hereof, written notice thereof shall forthwith be given to the other party, and this Agreement shall terminate immediately and be null and void upon receipt of such notice immediately unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Ohio Legacy Corp)
Procedure Upon Termination. In the event of termination pursuant to Section 9.18.01 hereof, and except as otherwise stated therein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice (or as otherwise set forth in Section 8.01(c) and Section 8.01(d)), unless an extension is consented to in writing by the party having the right to terminate. If this Agreement is terminated as provided herein,
Appears in 1 contract
Samples: Stock Purchase Agreement (Seacoast Banking Corp of Florida)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein10.1 hereof, written notice thereof shall forthwith be given to the other party, and this Agreement shall terminate immediately and be null and void upon receipt of such notice immediately unless an extension is consented to by the party having the right to terminate. Certain provisions of this Agreement shall survive termination as specifically noted herein. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (DCB Financial Corp)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein10.1, written notice thereof shall be immediately given to the other party, Party and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to be terminated, without any further action by the party having the right to terminateeither Party. If the transactions contemplated by this Agreement is are terminated as provided herein,:
Appears in 1 contract
Procedure Upon Termination. In the event of termination ----------------------------- pursuant to Section 9.1SECTION 9.1 hereof, and except as otherwise stated therein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,
Appears in 1 contract
Samples: Purchase and Assumption Agreement (First South Bancorp Inc /Va/)
Procedure Upon Termination. In the event of termination pursuant to Section 9.111.1 hereof, and except as otherwise stated therein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Huntington Bancshares Inc/Md)
Procedure Upon Termination. In the event of the termination of this Agreement by either party as provided in Section 11.01 (other than pursuant to clause (i) of Section 9.1, and except as otherwise stated therein11.01), written notice thereof shall forthwith be given to the other partyparty to this Agreement, and this Agreement (other than the provisions of Sections 8.03, 10.02, 10.03 and 12.09) shall terminate immediately upon receipt of such notice unless an extension is consented to without further action by the party having the right to terminateSellers or Buyers. If this Agreement is terminated as provided herein,12.
Appears in 1 contract
Samples: Asset Purchase Agreement (Jones Medical Industries Inc /De/)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein9.01 hereof, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice notice, unless an extension is consented to by the party or Parties having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Branch Purchase and Deposit Assumption Agreement (Nittany Financial Corp)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein10.1 hereof, written notice thereof shall forthwith be given to the other party, and this Agreement shall terminate immediately and be null and void, except for any payment obligations provided herein, upon receipt of such notice immediately unless an extension is consented to by the party having the right to terminate. If Without limiting the terms of the Confidentiality Provisions, if this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Community Bankers Trust Corp)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein, written notice thereof shall be immediately given to the other party, Party and transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to be terminated, without any further action by the party having the right to terminateany Party. If the transactions contemplated by this Agreement is are terminated as provided herein,:
Appears in 1 contract
Samples: Asset and Renewal Rights Acquisition Agreement (Hallmark Financial Services Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein10.1, written notice thereof shall be immediately given to the other party, party and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to be terminated, without any further action by the party having the right to terminateeither party. If the transactions contemplated by this Agreement is are terminated as provided herein,:
Appears in 1 contract
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein10.1, written notice thereof shall be immediately given to the other party, Parties and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to be terminated, without any further action by the party having the right to terminateany Party. If the transactions contemplated by this Agreement is are terminated as provided herein,:
Appears in 1 contract
Samples: Stock Purchase Agreement (Inspire Insurance Solutions Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein9.01, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice notice, unless an extension is consented to by the party or parties having the right to of terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Branch Purchase and Deposit Assumption Agreement (Sun Bancorp Inc /Nj/)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein9.1 hereof, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice notice, unless an extension is consented to by the party or parties having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Agreement to Purchase Assets and Assume Liabilities (Floridian Financial Group Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein9.01, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice notice, unless an extension is consented to by the party or parties having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Branch Purchase and Deposit Assumption Agreement (Sun Bancorp Inc /Nj/)
Procedure Upon Termination. In the event of valid termination of this Agreement by the Company or the Designee, or both, pursuant to Section 9.1, and except as otherwise stated therein8.1, written notice thereof shall be given to the other partyParties, and this Agreement shall terminate will terminate, effective immediately upon receipt delivery of such written notice unless an extension is consented to the other Parties, without further action by the party having Company or the right to terminate. If this Agreement is terminated as provided herein,Designee.
Appears in 1 contract
Procedure Upon Termination. In the event of termination by Purchaser or Seller pursuant to Section 9.1, and except as otherwise stated therein16(a), written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to in writing by the party having the right to terminateterminate provided herein. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Procedure Upon Termination. In the event of termination pursuant -------------------------- to Section 9.1, and except as otherwise stated therein13.01 hereof, written notice thereof shall forthwith be given to the other partyparty in accordance with Section 16.03 of this Agreement, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Asset Purchase Agreement (Community Trust Financial Services Corporation)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein8.1, written notice thereof shall immediately be given by the terminating party to the other party, party and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to be terminated, without further action by the parties; provided, however, that such termination shall not in any way limit or restrict the rights and remedies of the Company or the Purchaser against the other party having the right to terminate. If that has materially breached this Agreement is terminated as provided herein,prior to the termination hereof.
Appears in 1 contract
Samples: Securities Purchase Agreement (First Chesapeake Financial Corp)
Procedure Upon Termination. In the event of termination that this Agreement is terminated pursuant to Section 9.1, and except as otherwise stated therein, written notice thereof shall forthwith be given to the other partyParties in accordance with Section 9.1 and Section 12.5, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to terminate, and the transactions contemplated hereby shall be abandoned, without further action by the party having the right to terminate. If this Agreement is terminated as provided herein,any Party.
Appears in 1 contract
Samples: Recapitalization and Equity Purchase Agreement (United States Steel Corp)
Procedure Upon Termination. (a) In the event of termination pursuant to Section 9.111.1 hereof, and except as otherwise stated therein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein,:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Floridafirst Bancorp Inc)
Procedure Upon Termination. In the event of termination pursuant to Section 9.1, and except as otherwise stated therein10.1, written notice thereof shall will be immediately given to the other party, Parties and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to will be terminated, without any further action by the party having the right to terminateany Party. If the transactions contemplated by this Agreement is are terminated as provided herein,:
Appears in 1 contract
Samples: Stock Purchase Agreement (Inspire Insurance Solutions Inc)
Procedure Upon Termination. In the event of termination and abandonment by a Party pursuant to Section 9.1, and except as otherwise stated therein, written notice thereof shall be given to the other party, Party and the transactions contemplated by this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to be terminated and/or abandoned, without further action by the party having the right to terminateParties. If the transactions contemplated by this Agreement is are terminated and/or abandoned as provided herein,:
Appears in 1 contract
Samples: Asset Purchase Agreement (Advanced Energy Industries Inc)
