Common use of SUCCESSOR TO THE ASSOCIATION Clause in Contracts

SUCCESSOR TO THE ASSOCIATION. The Association shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the Association, expressly and unconditionally to assume and agree to perform the Association's obligations under this Agreement, in the same manner and to the same extent that the Association would be required to perform if no such succession or assignment had taken place.

Appears in 14 contracts

Samples: Change of Control Agreement (First Palm Beach Bancorp Inc), Change of Control Agreement (First Palm Beach Bancorp Inc), Change in Control Agreement (First Place Financial Corp /De/)

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SUCCESSOR TO THE ASSOCIATION. The Association shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the AssociationAssociation or the Holding Company, expressly and unconditionally to assume and agree to perform the Association's obligations under this Agreement, in the same manner and to the same extent that the Association would be required to perform if no such succession or assignment had taken place.. SIGNATURES

Appears in 12 contracts

Samples: Employment Agreement (Security of Pennsylvania Financial Corp), Employment Agreement (Security of Pennsylvania Financial Corp), Employment Agreement (First Place Financial Corp /De/)

SUCCESSOR TO THE ASSOCIATION. The Association shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the AssociationAssociation or the Company, expressly and unconditionally to assume and agree to perform the Association's obligations under this Agreement, in the same manner and to the same extent that the Association would be required to perform if no such succession or assignment had taken place.

Appears in 9 contracts

Samples: Employment Agreement (OC Financial Inc), Employment Agreement (OC Financial Inc), Employment Agreement (Chesterfield Financial Corp)

SUCCESSOR TO THE ASSOCIATION. The Association shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the AssociationAssociation or the Holding Company, expressly and unconditionally to assume and agree to perform the Association's obligations under this Agreement, in the same manner and to the same extent that the Association would be required to perform if no such succession or assignment had taken place.

Appears in 8 contracts

Samples: Employment Agreement (Westco Bancorp Inc), Employment Agreement (SGV Bancorp Inc), Employment Agreement (SGV Bancorp Inc)

SUCCESSOR TO THE ASSOCIATION. The Association shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the AssociationAssociation or the Company, expressly and unconditionally to assume and agree to perform the Association's obligations under this Agreement, in the same manner and to the same extent that the Association would be required to perform if no such succession or assignment had taken place.

Appears in 6 contracts

Samples: Executive Employment Agreement (First Federal Financial Services Inc), Executive Employment Agreement (First Federal Financial Services Inc), Executive Employment Agreement (First Federal Financial Services Inc)

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SUCCESSOR TO THE ASSOCIATION. The Association shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the AssociationAssociation or the Company, expressly and unconditionally to assume and agree to perform the Association's obligations under this Agreement, in the same manner and to the same extent that the Association would be required to perform if no such succession or assignment had taken place.. SIGNATURES

Appears in 2 contracts

Samples: Employment Agreement (Atlantic Liberty Financial Corp), Employment Agreement (First Federal of Olathe Bancorp Inc)

SUCCESSOR TO THE ASSOCIATION. The Association shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the Association, expressly and unconditionally to assume and agree to perform the Association's obligations under this Agreement, in the same manner and to the same extent that the Association would be required to perform if is no such succession or assignment had taken place.

Appears in 1 contract

Samples: Change in Control Agreement (First Palm Beach Bancorp Inc)

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