Common use of Waivers and Extensions Clause in Contracts

Waivers and Extensions. The parties hereto may, by mutual consent, extend the time for performance of any of the obligations or acts of either party hereto. Each party may waive (a) compliance with any of the covenants of the other party contained in this Agreement and/or (b) the other party's performance of any of its obligations set forth in this Agreement.

Appears in 17 contracts

Samples: Agreement and Plan of Merger (Techsys Inc), Stock Option Agreement (MSB Bancorp Inc /De), Stock Option Agreement (Poughkeepsie Financial Corp)

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Waivers and Extensions. The parties hereto may, by mutual consent, extend the time for performance of any of the obligations or acts of either party hereto. Each party may waive (ai) compliance with any of the covenants of the other party contained in this Agreement and/or (bii) the other party's performance of any of its obligations set forth in this Agreement.

Appears in 12 contracts

Samples: Stock Option Agreement (Valley National Bancorp), Stock Option Agreement (Raritan Bancorp Inc), Stock Option Agreement (United National Bancorp)

Waivers and Extensions. The parties hereto may, by mutual consent, extend the time for performance of any of the obligations or acts of either party hereto. Each party may waive (ai) compliance with any of the covenants of the other party contained in this Stock Option Agreement and/or (bii) the other party's performance of any of its obligations set forth in this Stock Option Agreement.

Appears in 12 contracts

Samples: Merger Agreement (PSB Bancorp Inc), Merger Agreement (Sovereign Bancorp Inc), Merger Agreement (PSB Bancorp Inc)

Waivers and Extensions. The parties hereto may, by mutual consent, extend the time for performance of any of the obligations or acts of either party hereto. Each party may waive (a) compliance with any of the covenants of the other party contained in this Agreement and/or (b) the other party's ’s performance of any of its obligations set forth in this Agreement. 17.

Appears in 1 contract

Samples: Stock Option Agreement (Hudson Valley Holding Corp)

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Waivers and Extensions. The parties hereto may, by mutual consent, extend the time for performance of any of the obligations or acts of either party hereto. Each party may waive (a) compliance with any of the covenants of the other party contained in this Agreement and/or (b) the other party's ’s performance of any of its obligations set forth in this Agreement.. 7

Appears in 1 contract

Samples: Stock Option Agreement (Valley National Bancorp)

Waivers and Extensions. The parties hereto may, by mutual consent, extend the time for performance of any of the obligations or acts of either party hereto. Each party may waive may (a) compliance with any of the covenants of the other party contained in this Agreement and/or (b) the other party's performance of any of its obligations set forth in this Agreement.

Appears in 1 contract

Samples: Stock Option Agreement (Ibs Financial Corp)

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