Common use of Regulatory Conditions Clause in Contracts

Regulatory Conditions. In the event of the imposition of any conditions, restrictions or requirements in connection with the regulatory approvals required by Section 7.01(b) which Parent determines would materially reduce the benefits of the Transaction as provided in Section 7.01(b), Parent and Acquisition Sub shall use their commercially reasonable efforts to obtain the removal of any such condition, restriction or requirement.

Appears in 2 contracts

Samples: Merger Agreement (Commercial Capital Bancorp Inc), Merger Agreement (Hawthorne Financial Corp)

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Regulatory Conditions. In the event of the imposition of any conditions, restrictions or requirements in connection with the regulatory approvals required by Section 7.01(b) which that Parent determines would materially reduce the benefits of the Transaction Merger as provided in Section 7.01(b), Parent and Acquisition Sub shall use their its commercially reasonable efforts to obtain the removal of any such condition, restriction or requirement.

Appears in 2 contracts

Samples: Merger Agreement (Slippery Rock Financial Corp), Merger Agreement (NSD Bancorp Inc)

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Regulatory Conditions. In the event of the imposition of any conditions, restrictions or requirements in connection with the regulatory approvals required by Section 7.01(b7.1(b) which that Parent determines would materially reduce the benefits of the Transaction Merger as provided in Section 7.01(b7.1(b), Parent and Acquisition Sub shall use their its commercially reasonable efforts to obtain the removal of any such condition, restriction or requirement.

Appears in 1 contract

Samples: Merger Agreement (First Keystone Corp)

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