Common use of Additional Regulatory Matters Clause in Contracts

Additional Regulatory Matters. (a) The Company and the Investor agree to cooperate and use their reasonable best efforts to ensure that neither the Investor nor any of its Affiliates will be deemed to control the Company or otherwise be deemed a “bank holding company” for purposes of the BHC Act.

Appears in 5 contracts

Samples: Registration Rights Agreement (Cascade Bancorp), Registration Rights Agreement (Cascade Bancorp), Registration Rights Agreement (Cascade Bancorp)

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Additional Regulatory Matters. (a) The Company and the Investor Investors agree to cooperate and use their reasonable best efforts to ensure that neither none of the Investor Investors nor any of its their Affiliates will be deemed to control the Company or otherwise be deemed a “bank holding company” for purposes of the BHC Act.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Brown Bernard A), Securities Purchase Agreement (Sun Bancorp Inc /Nj/), Securities Purchase Agreement (Sun Bancorp Inc /Nj/)

Additional Regulatory Matters. (a) The Each of the Company and the Investor agree agrees to cooperate and use their its reasonable best efforts to ensure that neither the Investor nor any of its the Investor’s Affiliates will be deemed to control the Company become, or otherwise be deemed control, a “bank holding company” for purposes within the meaning of the BHC ActAct and the Change of Bank Control Act of 1978, as amended (the “CBCA”).

Appears in 3 contracts

Samples: Securities Purchase Agreement (Eastern Virginia Bankshares Inc), Securities Purchase Agreement (Eastern Virginia Bankshares Inc), Securities Purchase Agreement (Eastern Virginia Bankshares Inc)

Additional Regulatory Matters. (a) The Company and the Investor agree to cooperate and use their reasonable best efforts to ensure that neither the Investor nor any of its Affiliates will be deemed to control the Company or otherwise be deemed a "bank holding company" for purposes of the BHC Act.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Sun Bancorp Inc /Nj/), Securities Purchase Agreement (Sun Bancorp Inc /Nj/)

Additional Regulatory Matters. (a) The Company and the Investor agree to cooperate and use their reasonable best efforts to ensure that neither the Investor nor any of its his Affiliates will be deemed to control the Company or otherwise be deemed a “bank holding company” for purposes of the BHC Act.

Appears in 2 contracts

Samples: Registration Rights Agreement (Cascade Bancorp), Securities Purchase Agreement (Cascade Bancorp)

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Additional Regulatory Matters. (ai) The Company and the each Investor agree to cooperate and use their reasonable best efforts to ensure (without the imposition of unreasonable expense upon either party) that neither the any Investor nor any of its Affiliates will be deemed to control the Company or otherwise be deemed a “bank holding company” for purposes of the BHC ActAct or to own an amount of voting securities of the Company which would cause such Investor (together with its Affiliates) to exceed its Maximum Voting Percentage.

Appears in 1 contract

Samples: Investment Agreement (TGR Financial, Inc.)

Additional Regulatory Matters. (a) The Each of the Company and the Investor agree agrees to cooperate and use their its reasonable best efforts to ensure ensure, including by communicating with each other with respect to their respective purchases of Common Stock and Warrants, that neither the Investor nor any of its the Investor’s Affiliates will be deemed to control the Company become, or otherwise be deemed control, a “bank holding company” for purposes within the meaning of the BHC ActAct and the CBCA.

Appears in 1 contract

Samples: Securities Purchase Agreement (Intermountain Community Bancorp)

Additional Regulatory Matters. (a) The Company, the Company Bank and the Investor agree to cooperate and use their reasonable best efforts to ensure that neither the Investor nor any of its Affiliates will be deemed to control the Company or the Company Bank or otherwise be deemed a “bank holding company” for purposes of the BHC Act, including the rules and regulations promulgated thereunder (or any successor provision).

Appears in 1 contract

Samples: Registration Rights Agreement (First Mariner Bancorp)

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