Common use of Approval by Regulatory Authorities; Disadvantageous Conditions Clause in Contracts

Approval by Regulatory Authorities; Disadvantageous Conditions. (i) The Merger and other transactions described in this Agreement shall have been approved, to the extent required by law, by the South Carolina Board, the FDIC and the FRB, and by all other Regulatory Authorities having jurisdiction over such transactions; (ii) no Regulatory Authority shall have objected to or withdrawn its approval of such transactions or imposed any condition on such transactions or its approval thereof, which condition is reasonably deemed by FCB to so adversely impact the economic or business benefits of this Agreement to FCB as to render it inadvisable for it to consummate the Merger; (iii) the 15-day or 30-day waiting period, as applicable, required following necessary approvals by the FDIC for review of the transactions described herein by the United States Department of Justice shall have expired, and, in connection with any such review, no objection to the Merger shall have been raised; and (iv) all other consents, approvals and permissions, and the satisfaction of all of the requirements prescribed by law or regulation, necessary to the carrying out of the transactions contemplated herein shall have been procured.

Approval by Regulatory Authorities; Disadvantageous Conditions. (i) The the Merger and other transactions described in this Agreement shall have been approved, to the extent required by law, by the South Carolina BoardFDIC, the FDIC and FRB, the FRBCommissioner, the Commission, and by all other Regulatory Authorities having jurisdiction over such transactions; (ii) no Regulatory Authority shall have objected to or withdrawn its approval of such transactions or imposed any condition on such transactions or its approval thereof, which condition is reasonably deemed by FCB Mutual or Bancorp to so adversely impact the economic or business benefits of this Agreement to FCB Mutual or Bancorp as to render it inadvisable for it Mutual or Bancorp to consummate the Merger; (iii) the 15-day or 30-day waiting period, as applicable, required following necessary approvals the approval by the FDIC and/or the FRB for review of the transactions described herein by the United States Department of Justice shall have expired, and, in connection with any such review, no objection to the Merger shall have been raised; and (iv) all other consents, approvals and permissions, and the satisfaction of all of the requirements prescribed by law or regulation, necessary to the carrying out of the transactions contemplated herein shall have been procured.

Approval by Regulatory Authorities; Disadvantageous Conditions. (i) The Merger and other transactions described in this Agreement shall have been approved, to the extent required by law, by the South Carolina BoardFDIC, the FDIC and Commissioner, the FRBCommission, and by all other Regulatory Authorities having jurisdiction over such transactions; (ii) no Regulatory Authority shall have objected to or withdrawn its approval of such transactions or imposed any condition on such transactions or its approval thereof, which condition is reasonably deemed by FCB SSB or BNC to so adversely impact the economic or business benefits of this Agreement to FCB SSB or BNC as to render it inadvisable for it SSB or BNC to consummate the Merger; (iii) the 15-day or 30-day waiting period, as applicable, required following necessary approvals the approval by the FDIC for review of the transactions described herein by the United States Department of Justice shall have expired, and, in connection with any such review, no objection to the Merger shall have been raised; and (iv) all other consents, approvals and permissions, and the satisfaction of all of the requirements prescribed by law or regulation, necessary to the carrying out of the transactions contemplated herein shall have been procured.

Approval by Regulatory Authorities; Disadvantageous Conditions. (iI) The Merger and other transactions described in this Agreement herein (including the Bank Merger) shall have been approved, to the extent required by law, by the South Carolina BoardFRB, the FDIC FDIC, the Administrator, the Commissioner and the FRBCommission, and by all other Regulatory Authorities having jurisdiction over such transactions; , (iiII) no Regulatory Authority shall have objected to or withdrawn its approval of such transactions or imposed any condition on such transactions or its approval thereof, which condition is reasonably deemed by FCB BancShares to so adversely impact the economic or business benefits of this Agreement to FCB BancShares as to render it inadvisable for it to consummate the Merger; (iiiIII) the 15-day or 30-day waiting period, as applicable, required following necessary approvals by the FRB and the FDIC for review of the transactions described herein by the United States Department of Justice shall have expired, and, in connection with any such review, no objection to the Merger shall have been raised; and (ivIV) all other consents, approvals and permissions, and the satisfaction of all of the requirements prescribed by law or regulation, necessary to the carrying out of the transactions contemplated herein shall have been procured.

Approval by Regulatory Authorities; Disadvantageous Conditions. (i) The Merger and other transactions described in this Agreement shall have been approved, to the extent required by law, by the South Carolina Board, the FDIC Commissioner and the FRBFDIC, and by all other Regulatory Authorities having jurisdiction over such transactions; (ii) no Regulatory Authority shall have objected to or withdrawn its approval of such transactions or imposed any condition on such transactions or its approval thereof, which condition is reasonably deemed by FCB BOC to so adversely impact the economic or business benefits of this Agreement to FCB BOCC and BOC as to substantially reduce the financial value of the Merger to BOCC and BOC considered as one entity and render it inadvisable for it to consummate the Merger; (iii) the 15-day or 30-day waiting period, as applicable, required following necessary approvals by the FDIC for review of the transactions described herein by the United States Department of Justice shall have expired, and, in connection with any such review, no objection to the Merger shall have been raised; and (iv) all other consents, approvals and permissions, and the satisfaction of all of the requirements prescribed by law or regulation, necessary to the carrying out of the transactions contemplated herein shall have been procured.

Approval by Regulatory Authorities; Disadvantageous Conditions. (i) The Merger and other transactions described in this Agreement shall have been approved, to the extent required by law, by the South Carolina Board, the FDIC FDIC, the OCC and the FRB, and by all other Regulatory Authorities having jurisdiction over such transactions; (ii) no Regulatory Authority shall have objected to or withdrawn its approval of such transactions or imposed any condition on such transactions or its approval thereof, which condition is reasonably deemed by FCB to so adversely impact the economic or business benefits of this Agreement to FCB as to render it inadvisable for it to consummate the Merger; (iii) the 15-day or 30-day waiting period, as applicable, required following necessary approvals by the FDIC of federal Regulatory Authorities for review of the transactions described herein by the United States Department of Justice shall have expired, and, in connection with any such review, no objection to the Merger shall have been raised; and (iv) all other consents, approvals and permissions, and the satisfaction of all of the requirements prescribed by law or regulation, necessary to the carrying out of the transactions contemplated herein shall have been procured.

Approval by Regulatory Authorities; Disadvantageous Conditions. (i) The Merger and other transactions described in contemplated by this Agreement shall have been approved, to the extent required by law, by the South Carolina Board, the FDIC and the FRB, and by all other Regulatory Authorities having jurisdiction over such transactions; , (ii) no Regulatory Authority shall have objected to or withdrawn its it approval of such transactions or imposed any condition on such transactions or its approval thereof, which condition is reasonably deemed by FCB Centura to so adversely impact the economic or business benefits of this Agreement to FCB Centura as to render it inadvisable for it to consummate the Merger; , (iii) the 15-day or 30-day any applicable waiting period, as applicable, required periods following necessary regulatory approvals by the FDIC for review of the transactions described herein by the United States Department of Justice shall have expired, and, and in connection with any such reviewapprovals, no objection objections to the Merger shall have been raised; and (iv) all other consents, approvals and permissions, and the satisfaction of all of the requirements prescribed by law or regulation, necessary to the carrying out of the transactions contemplated herein by this Agreement shall have been procured.