Successors to the Bank. The Bank shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the Bank, expressly and unconditionally to assume and agree to perform the Bank’s obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.
Appears in 20 contracts
Samples: Federal Savings Bank (CFSB Bancorp, Inc. /MA/), Change in Control Agreement (River Financial Corp), Change in Control Agreement (Clifton Bancorp Inc.)
Successors to the Bank. The Bank shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the Bank, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.
Appears in 4 contracts
Samples: Employment Agreement (New Hampshire Thrift Bancshares Inc), Employment Agreement (Falmouth Bancorp Inc), Employment Agreement (New Hampshire Thrift Bancshares Inc)
Successors to the Bank. The Bank shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the BankBank or the Corporation, expressly and unconditionally to assume and agree to perform the Bank’s obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.
Appears in 2 contracts
Samples: Change in Control Agreement (Naugatuck Valley Financial Corp), Change in Control Agreement (Naugatuck Valley Financial Corp)
Successors to the Bank. The Bank and the Company shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the BankBank or the Company, expressly and unconditionally to assume and agree to perform the Bank’s obligations of the Bank or CIS under this Agreement, in the same manner and to the same extent that the Bank and the Company would be required to perform if no such succession or assignment had taken place.
Appears in 1 contract
