Common use of SUCCESSOR TO THE INSTITUTION Clause in Contracts

SUCCESSOR TO THE INSTITUTION. The Institution 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 Institution or the Holding Company, expressly and unconditionally to assume and agree to perform the Institution's obligations under this Agreement, in the same manner and to the same extent that the Institution would be required to perform if no such succession or assignment had taken place. SIGNATURES

Appears in 27 contracts

Samples: Employment Agreement (Connecticut Bancshares Inc/De), Employment Agreement (Roslyn Bancorp Inc), Employment Agreement (Roslyn Bancorp Inc)

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SUCCESSOR TO THE INSTITUTION. The Institution 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 Institution or the Holding CompanyInstitution, expressly and unconditionally to assume and agree to perform the Institution's obligations under this Agreement, in the same manner and to the same extent that the Institution would be required to perform if no such succession or assignment had taken place. SIGNATURES.

Appears in 12 contracts

Samples: Employment Agreement (First Sentinel Bancorp Inc), Merger Agreement (Cgb&l Financial Group Inc), Change in Control Agreement (Massachusetts Fincorp Inc)

SUCCESSOR TO THE INSTITUTION. The Institution 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 Institution or the Holding Company, expressly and unconditionally to assume and agree to perform the Institution's obligations under this Agreement, in the same manner and to the same extent that the Institution would be required to perform if no such succession or assignment had taken place. SIGNATURES.

Appears in 11 contracts

Samples: Employment Agreement (Hf Bancorp Inc), Employment Agreement (Roslyn Bancorp Inc), Employment Agreement (Roslyn Bancorp Inc)

SUCCESSOR TO THE INSTITUTION. The Institution 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 Institution or the Holding CompanyInstitution, expressly and unconditionally to assume and agree to perform the Institution's obligations under this Agreement, in the same manner and to the same extent that the Institution would be required to perform if no such succession or assignment had taken place. SIGNATURES

Appears in 7 contracts

Samples: Change in Control Agreement (Woronoco Bancorp Inc), Change in Control Agreement (Woronoco Bancorp Inc), Change in Control Agreement (South Jersey Financial Corp Inc)

SUCCESSOR TO THE INSTITUTION. The Institution 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 Institution or the Holding CompanyInstitution, to expressly and unconditionally to assume and agree to perform the Institution's ’s obligations under this Agreement, Agreement in the same manner and to the same extent that the Institution would be required to perform such obligations if no such succession or assignment had taken place. SIGNATURES.

Appears in 3 contracts

Samples: Change in Control Agreement (Berkshire Hills Bancorp Inc), Change in Control Agreement (Berkshire Hills Bancorp Inc), Change in Control Agreement (Berkshire Hills Bancorp Inc)

SUCCESSOR TO THE INSTITUTION. The Institution 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 Institution or the Holding CompanyInstitution, to expressly and unconditionally to assume and agree to perform the Institution's obligations under this Agreement, Agreement in the same manner and to the same extent that the Institution would be required to perform such obligations if no such succession or assignment had taken place. SIGNATURES

Appears in 2 contracts

Samples: Change in Control Agreement (Berkshire Hills Bancorp Inc), Change in Control Agreement (Berkshire Hills Bancorp Inc)

SUCCESSOR TO THE INSTITUTION. The Institution 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 Institution or the Holding CompanyInstitution, expressly and unconditionally to assume and agree to perform the Institution's ’s obligations under this Agreement, in the same manner and to the same extent that the Institution would be required to perform if no such succession or assignment had taken place. SIGNATURES.

Appears in 1 contract

Samples: Change in Control Agreement (Woronoco Bancorp Inc)

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SUCCESSOR TO THE INSTITUTION. The Institution 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 Institution or the Holding CompanyInstitution, to expressly and unconditionally to assume and agree to perform the Institution's obligations under this Agreement, Agreement in the same manner and to the same extent that the Institution would be required to perform such obligations if no such succession or assignment had taken place. SIGNATURES.

Appears in 1 contract

Samples: Change in Control Agreement (Berkshire Hills Bancorp Inc)

SUCCESSOR TO THE INSTITUTION. The Institution 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 Institution or the Holding CompanyInstitution, expressly and unconditionally to assume and agree to perform the Institution's obligations under this Agreement, in the same manner and to the same extent that the Institution would be required to perform if no such succession or assignment had taken place. SIGNATURES

Appears in 1 contract

Samples: Employment Agreement (Roslyn Bancorp Inc)

SUCCESSOR TO THE INSTITUTION. The Institution 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 Institution or the Holding CompanyInstitution, expressly and unconditionally to assume and agree to perform the Institution's obligations under this Agreement, in the same manner mariner and to the same extent that the Institution would be required to perform if no such succession or assignment had taken place. SIGNATURES.

Appears in 1 contract

Samples: Change in Control Agreement (Ga Financial Inc/Pa)

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

Appears in 1 contract

Samples: Employment Agreement (First Bell Bancorp Inc)

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