Common use of Waivers of conditions precedent Clause in Contracts

Waivers of conditions precedent. The conditions specified in Sections 5.1 and 5.2 herein shall be deemed satisfied or, to the extent not satisfied, waived if the Closing occurs unless such failure of satisfaction is reserved in a writing executed by BUYER and SELLER at or prior to the Closing.

Appears in 5 contracts

Samples: Purchase and Assumption Agreement (Park National Corp /Oh/), Purchase and Assumption Agreement (Home Bancshares Inc), Office Purchase and Assumption Agreement (CSB Bancorp Inc /Oh)

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Waivers of conditions precedent. The conditions specified in Sections 5.1 5.01 and 5.2 5.02 herein shall be deemed satisfied or, to the extent not satisfied, waived if the Closing occurs unless such failure of satisfaction is reserved in a writing executed by BUYER and SELLER at or prior to the Closing.

Appears in 2 contracts

Samples: Office Purchase and Assumption Agreement (Isb Financial Corp/La), Office Purchase and Assumption Agreement (Isb Financial Corp/La)

Waivers of conditions precedent. The conditions specified in Sections 5.1 and 5.2 herein shall be deemed satisfied or, to the extent not satisfied, waived if the Closing occurs occurs, unless such failure of satisfaction is reserved in a writing executed by BUYER and SELLER SELLERS at or prior to the Closing.

Appears in 1 contract

Samples: Branch Office Purchase and Assumption Agreement (Ohio Legacy Corp)

Waivers of conditions precedent. The conditions specified in Sections 5.1 and 5.2 herein shall be deemed satisfied or, to the extent not satisfied, waived if the Closing occurs unless such failure of satisfaction is reserved in a writing executed by BUYER and SELLER BANK ONE at or prior to the Closing.

Appears in 1 contract

Samples: Office Purchase and Assumption Agreement (Heartland Financial Usa Inc)

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Waivers of conditions precedent. The conditions specified in Sections -------------------------------- SECTIONS 5.1 and AND 5.2 herein shall be deemed satisfied or, to the extent not -------------------- satisfied, waived if the Closing occurs occurs, unless such failure of satisfaction is reserved in a writing executed by BUYER and SELLER at or prior to the Closing.

Appears in 1 contract

Samples: Office Purchase and Assumption Agreement (Blackhawk Bancorp Inc)

Waivers of conditions precedent. The conditions specified in Sections 5.1 5.01 and 5.2 5.02 herein shall be deemed satisfied or, to the extent not satisfied, waived if the Closing occurs unless such failure of satisfaction is reserved in a writing executed by BUYER and SELLER BANK ONE at or prior to the Closing.

Appears in 1 contract

Samples: Office Purchase and Assumption Agreement (Community First Bankshares Inc)

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