Right to Intervene. In the event that any claim, demand, suit or other proceeding is instituted or threatened against the Purchaser relating to this Agreement, the Assets or the Assumed Liabilities, the Seller shall have the right, at its discretion and expense, to intervene in such matter, and the Purchaser hereby agrees to give prompt and prior notice thereof to the Seller and consents to such intervention.
Appears in 5 contracts
Samples: Branch Purchase and Assumption Agreement (River Valley Bancorp), Branch Purchase and Assumption Agreement (Greene County Bancshares Inc), Agreement and Plan of Reorganization (Blue River Bancshares Inc)
Right to Intervene. In the event that any claim, demand, suit or other proceeding litigation is instituted or threatened against the Purchaser relating to under or in connection with this Agreement, the Assets or the Assumed Liabilities, the Seller shall have the right, at right in its sole discretion and expense, to intervene in such matter, litigation and the Purchaser does hereby agrees to give prompt and prior notice thereof to the Seller and consents consent to such intervention.
Appears in 3 contracts
Samples: Branch Purchase and Deposit Assumption Agreement (Nittany Financial Corp), Branch Purchase and Deposit Assumption Agreement (Sun Bancorp Inc /Nj/), Branch Purchase and Deposit Assumption Agreement (Sun Bancorp Inc /Nj/)
Right to Intervene. In the event that any claim, demandprotest, suit or other proceeding is instituted or threatened against the Purchaser relating to this AgreementAgreement or the Loans, the other Assets or the Assumed Liabilitiesliabilities transferred to or assumed by Purchaser hereunder, the Seller shall will have the right, at its discretion and expense, to intervene in such matter, and the Purchaser hereby agrees to give prompt and prior notice thereof to the Seller and consents to such intervention.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (First Bancorp, Inc /ME/)
Right to Intervene. In the event that any claim, demand, suit or other proceeding litigation is instituted or threatened against the Purchaser relating to under or in connection with this Agreement, the Assets or the Assumed Liabilities, the Seller shall have the right, right at its sole and absolute discretion and expense, to intervene in such matter, litigation and the Purchaser does hereby agrees to give prompt and prior notice thereof to the Seller and consents consent to such intervention.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (City National Bancshares Corp)
Right to Intervene. In Prior to the Closing, in the event that any claim, demand, suit or other proceeding is instituted or threatened against the Purchaser relating to this Agreement, Agreement or the Assets transferred to or the Assumed LiabilitiesLiabilities assumed by the Purchaser hereunder, the Seller shall have the right, at its discretion and expense, to intervene in such matter, and the Purchaser hereby agrees to give prompt and prior notice thereof to the Seller and consents to such intervention.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (Blue River Bancshares Inc)
Right to Intervene. In the event that any claim, demandprotest, suit or other proceeding is instituted or threatened against the Purchaser relating to this Agreement, the Deposit Liabilities or the Loans, other Assets or the Assumed Liabilitiesliabilities transferred to or assumed by Purchaser hereunder, the Seller shall have the right, at its discretion and expense, to intervene in such matter, and the Purchaser hereby agrees to give prompt and prior notice thereof to the Seller thereof and consents to such intervention.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Hopfed Bancorp Inc)
Right to Intervene. In the event that any claim, demand, suit demand or other proceeding Proceeding is instituted or threatened against the Purchaser for which the Seller may have liability relating to this Agreement, the Assets or the Assumed Liabilities, the Seller shall have the right, at its discretion and expense, to intervene in such matter, and the Purchaser hereby agrees to give prompt and prior notice thereof to the Seller and consents to such intervention.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (First Mid Illinois Bancshares Inc)
Right to Intervene. In the event that any claim, demandprotest, suit or other proceeding is instituted or threatened against the Purchaser relating to this AgreementAgreement or the Loans, the other Assets or the Assumed Liabilitiesliabilities transferred to or assumed by Purchaser hereunder, the Seller shall have the right, at its discretion and expense, to intervene in such matter, and the Purchaser hereby agrees to give prompt and prior notice thereof to the Seller and consents to such intervention.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Ohio Legacy Corp)
Right to Intervene. In the event that any claim, demandprotest, suit or other proceeding is instituted or threatened against the Purchaser relating to this Agreement, the other Assets or liabilities transferred to or assumed by the Assumed LiabilitiesPurchaser hereunder, the Seller shall have the right, at its discretion and expense, to intervene in such matter, and the Purchaser hereby agrees to give prompt and prior notice thereof to the Seller and consents to such intervention.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (Wesbanco Inc)