Common use of Transfer Review Restrictions Clause in Contracts

Transfer Review Restrictions. During the period beginning on the date hereof and ending 30 days prior to the consummation of the Merger, I shall not sell, transfer, reduce my risk with respect to or otherwise dispose of ("transfer") any AFC Common Stock owned by me, and I shall not permit any relative who shares my home, or any person or entity who or which I control, to transfer any AFC Common Stock owned by such person or entity, without notifying AFC in advance of the proposed transfer and giving AFC a reasonable opportunity to review the transfer before it is consummated. AFC, if advised to do so by its independent public accountants, may instruct me not to make or permit the transfer because it may interfere with the "pooling-of-interests" treatment of the Merger. I shall abide by any such instructions.

Appears in 3 contracts

Samples: Rights Agreement (Long Island Bancorp Inc), Astoria Financial Corp, Astoria Financial Corp

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Transfer Review Restrictions. During the period beginning on the date hereof and ending 30 days prior to the consummation of the Merger, I shall not sell, transfer, reduce my risk with respect to or otherwise dispose of ("transfer") any AFC CFHC Common Stock owned by me, and I shall not permit any relative who shares my home, or any person or entity who or which I control, to transfer any AFC CFHC Common Stock owned by such person or entity, without notifying AFC HUBCO in advance of the proposed transfer and giving AFC HUBCO a reasonable opportunity to review the transfer before it is consummated. AFCHUBCO, if advised to do so by its independent public accountantsaccountants in writing a copy of which is provided to me, may instruct me not to make or permit the transfer because it may interfere with the "pooling-of-pooling of interests" treatment of the Merger. I shall abide by any such instructions.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Community Financial Holding Corporation), Agreement and Plan of Merger (Hubco Inc)

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Transfer Review Restrictions. During the period beginning on the date hereof and ending 30 days prior to the consummation of the Merger, I shall not sell, transfer, reduce my risk with respect to or otherwise dispose of ("transferTRANSFER") any AFC DFC Common Stock owned by me, and I shall not permit any relative who shares my home, or any person or entity who or which I control, to transfer any AFC DFC Common Stock owned by such person or entity, without notifying AFC HUBCO in advance of the proposed transfer and giving AFC HUBCO a reasonable opportunity to review the transfer before it is consummated. AFCHUBCO, if advised to do so by its independent public accountantsaccountants in writing a copy of which is provided to me, may instruct me not to make or permit the transfer because it may interfere with the "pooling-of-pooling of interests" treatment of the Merger. I shall abide by any such instructions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Dime Financial Corp /Ct/)

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