TERMINATION BY REASON OF LAPSE OF TIME. This Agreement may be terminated by any party on or after June 30, 1998, by instrument duly authorized and executed and delivered to the other parties, unless the Effective Date shall have occurred on or before such date.
TERMINATION BY REASON OF LAPSE OF TIME. This Agreement may be terminated by any party after July 1, 2008, by instrument duly authorized and executed and delivered to the other party, unless the Effective Date shall have occurred.
TERMINATION BY REASON OF LAPSE OF TIME. If Closing does not occur before the Termination Date, either Glacier or WesterFed may terminate this Agreement and the Transaction if all of the following conditions are present:
(a) the terminating party's board of directors decides to terminate by a majority vote of its members;
(b) the terminating party delivers to the other party written notice that its board of directors has voted in favor of termination; and
(c) the failure to consummate the Transaction by the Termination Date is not due to a breach by the party seeking termination of any of its obligations, covenants, or representations in this Agreement.
TERMINATION BY REASON OF LAPSE OF TIME. If Closing does not occur on or before the Termination Date, either Columbia or TCB may terminate this Agreement and the Bank Merger Agreement at any time following the Termination Date if both of the following conditions are satisfied:
(a) the terminating party’s board of directors decides to terminate by a majority vote of its members; and
(b) the terminating party delivers to the other party written notice that its board of directors has voted in favor of termination; Notwithstanding the foregoing, Columbia and TCB may not terminate this Agreement pursuant to Section 7.1 on or after the Termination date if all applicable Regulatory Approvals have been granted and Closing has not occurred solely because of an applicable post Regulatory Approval waiting period. Additionally, Columbia may not terminate this Agreement pursuant to Section 7.1, on or after the Termination date if Columbia has entered into an agreement or a transaction is announced in which Columbia or substantially all of its assets would be acquired by a third party and Columbia or the acquirer of Columbia has delayed proceeding to Closing.
TERMINATION BY REASON OF LAPSE OF TIME. This Agreement may be terminated by any party after _________________, by instrument duly authorized and executed and delivered to the other party, unless the Closing Date will have occurred.
TERMINATION BY REASON OF LAPSE OF TIME. If Closing does not occur on or before February 28, 2022 (the “Outside Date”), either GBCI or AB may terminate this Agreement and the Merger if the terminating party delivers to the other party written notice that its board of directors has voted in favor of termination; provided that, if as of such Outside Date, the condition to Closing set forth in Section 5.1 shall not have been satisfied, then the Outside Date will be extended to on or before April 30, 2022, if either AB or GBCI notifies the other party in writing on or prior to the Outside Date of its election to extend the Outside Date; and provided, further that the right to terminate this Agreement pursuant to this Section 7.1 shall not be available to any party whose failure to perform or observe the covenants and agreements of such party set forth in this Agreement resulted in the failure of the Merger to be completed by the applicable Outside Date.
TERMINATION BY REASON OF LAPSE OF TIME. If Closing does not occur on or before the Termination Date, either Glacier or CDC may terminate this Agreement and the Merger if both of the following conditions are satisfied:
(a) the terminating party’s board of directors decides to terminate by a majority vote of its members; and
(b) the terminating party delivers to the other party written notice that its board of directors has voted in favor of termination.
TERMINATION BY REASON OF LAPSE OF TIME. If Closing does not occur on or before January 31, 2005 (the "Termination Date"), either Intermountain or Snake River may terminate this Agreement and the Transaction if both of the following conditions are satisfied:
(a) the terminating party's board of directors decides to terminate by a majority vote of its members; and
(b) the terminating party delivers to the other party written notice that its board of directors has voted in favor of termination.
TERMINATION BY REASON OF LAPSE OF TIME. If Closing does not occur on or before January 31, 2005 (the “Termination Date”), either Columbia or Astoria may terminate this Agreement and the Merger if both of the following conditions are satisfied:
(a) the terminating party’s board of directors decides to terminate by a majority vote of its members; and
(b) the terminating party delivers to the other party written notice that its board of directors has voted in favor of termination.
TERMINATION BY REASON OF LAPSE OF TIME. If Closing does not occur before the Termination Date, either WCB or VB may terminate this Agreement and the Transaction if all of the following conditions are present:
(a) the terminating party's board of directors decides to terminate by a majority vote of its members;
(b) the terminating party delivers to the other party written notice that its board of directors has voted in favor of termination; and
(c) the failure to consummate the Merger by the Termination Date is not due to a breach by the 57 party seeking termination of any of its obligations, representations or warranties under this Agreement.
