Common use of Agreements with Regulatory Authorities Clause in Contracts

Agreements with Regulatory Authorities. Other than as heretofore disclosed to Purchaser by Seller, Seller is not a party to any written order, decree, agreement, memorandum of understanding, commitment letter or similar enforcement action with any federal or state governmental agency or authority charged with the supervision or regulation of depository institutions or engaged in the insurance of deposits, nor has Seller been advised by any such regulatory authority that such authority is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum of understanding, commitment letter or enforcement action, in each case which order, decree, agreement, memorandum of understanding, commitment letter or enforcement action (i) relates to the Branch, (ii) could reasonably be expected to prevent or impair the ability of Seller to obtain the Regulatory Approvals or otherwise perform its obligations under this Agreement, or (iii) could impair the validity or consummation of this Agreement or the transactions contemplated hereby.

Agreements with Regulatory Authorities. Other than as heretofore disclosed to Seller by Purchaser, Purchaser by Seller, Seller is not a party to any written order, decree, agreement, memorandum of understanding, commitment letter or similar enforcement action action, with any federal Federal or state governmental agency or authority charged with the supervision or regulation of depository institutions or engaged in the insurance of deposits, nor has Seller Purchaser been advised by any such regulatory authority that such authority is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum of understanding, commitment letter or enforcement action, in each case which order, decree, agreement, memorandum of understanding, commitment letter or enforcement action (i) relates to the Branch, (ii) could reasonably be expected to prevent or impair the ability of Seller Purchaser to obtain the Regulatory Approvals or otherwise perform its obligations under this Agreement, ; or (iiiii) could impair the validity or consummation of this Agreement or the transactions contemplated hereby.