Common use of Stock and Cash Reserve Clause in Contracts

Stock and Cash Reserve. Northwest Bancshares agrees at all times from the date of this Agreement until the Merger Consideration has been paid in full to reserve a sufficient number of shares of Northwest Bancshares Common Stock and to maintain sufficient liquid accounts to fulfill its obligations under this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (Mutualfirst Financial Inc), Merger Agreement (Northwest Bancshares, Inc.), Merger Agreement (LNB Bancorp Inc)

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Stock and Cash Reserve. Northwest Bancshares agrees at all times from the date of this Agreement until the Merger Consideration has been paid in full to reserve a sufficient number of shares of Northwest Bancshares Common Stock and to maintain sufficient liquid accounts to fulfill its obligations under this Agreement.71

Appears in 1 contract

Samples: Merger Agreement (Northwest Bancshares, Inc.)

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