Common use of Update Disclosure Clause in Contracts

Update Disclosure. From and after the date hereof until the Acquisition Merger Effective Time, the Company shall promptly, but not less frequently than monthly, update Schedule I hereto by notice to Commercial to reflect any matters which have occurred from and after the date hereof which, if existing on the date hereof, would have been required to be described therein and which, in the case of all such updates other than the last such update prior to the Acquisition Merger Effective Time, reflect a material change from the information provided in Schedule I as of the date hereof; provided, however, that no such update shall affect the conditions to the obligation of Company and Savings to consummate the transactions contemplated hereby, and any and all changes reflected in any such update shall be considered in determining whether such conditions have been satisfied.

Appears in 2 contracts

Samples: Reorganization and Merger Agreement (Mid Continent Bancshares Inc /Ks/), Reorganization and Merger Agreement (Perpetual Midwest Financial Inc)

AutoNDA by SimpleDocs

Update Disclosure. From and after the date hereof ----------------- until the Acquisition Merger Effective Time, the Company shall promptly, but not less frequently than monthly, update Schedule I hereto by notice to Commercial NewSouth to reflect any matters which have occurred from and after the date hereof which, if existing on the date hereof, would have been required to be described therein and which, in the case of all such updates other than the last such update prior to the Acquisition Merger Effective Time, reflect a material change from the information provided in Schedule I as of the date hereof; provided, however, that no such update shall affect the conditions to the obligation of Company and Savings to consummate the transactions contemplated hereby, and any and all changes reflected in any such update shall be considered in determining whether such conditions have been satisfied.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Newsouth Bancorp Inc)

Update Disclosure. (a) From and after the date hereof ----------------- until the Acquisition Merger Effective Time, the Company shall promptly, but not less frequently than monthly, update Schedule I hereto by notice to Commercial Patapsco to reflect any matters which have occurred from and after the date hereof which, if existing on the date hereof, would have been required to be described therein and and/or which, in the case of all such updates other than the last such update prior to the Acquisition Merger Effective Time, reflect a material change from the information provided in Schedule I as of the date hereof; provided, however, that no such update shall affect the conditions to the obligation of Company and Savings to consummate the transactions contemplated hereby, and any and all changes reflected in any such update shall be considered in determining whether such conditions have been satisfied.

Appears in 1 contract

Samples: Agreement of Merger (Patapsco Bancorp Inc)

AutoNDA by SimpleDocs

Update Disclosure. From and after the date hereof until the Acquisition Merger Effective Time, the Company shall promptly, but not less frequently than monthly, update Schedule I hereto by notice to Commercial NewSouth to reflect any matters which have occurred from and after the date hereof which, if existing on the date hereof, would have been required to be described therein and which, in the case of all such updates other than the last such update prior to the Acquisition Merger Effective Time, reflect a material change from the information provided in Schedule I as of the date hereof; provided, however, that no such update shall affect the conditions to the obligation of Company and Savings to consummate the transactions contemplated hereby, and any and all changes reflected in any such update shall be considered in determining whether such conditions have been satisfied.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Green Street Financial Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.