Approval Delays. To the Knowledge of Acquiror, there is no reason why the granting of any of the regulatory approvals referred to in Section 8.1 would be denied or unduly delayed. The CRA rating of each of Acquiror’s subsidiaries, including AB&T, that is a “depository institution” as defined by the FDIA, is “satisfactory” or better.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Heartland Financial Usa Inc)
Approval Delays. To the Knowledge of AcquirorCitizens, there is no reason why the granting of any of the regulatory approvals referred to in Section 8.1 would be denied or unduly delayed. The Bank’s most recent CRA rating of each of Acquiror’s subsidiaries, including AB&T, that is a “depository institution” as defined by the FDIA, is “satisfactory” or better.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Main Street Trust Inc)
Approval Delays. To the Knowledge of Acquiror, there is no reason why the granting of any of the regulatory approvals referred to in Section 8.1 would be denied or unduly delayed. The Acquiror Bank’s most recent CRA rating of each of Acquiror’s subsidiaries, including AB&T, that is a “depository institution” as defined by the FDIA, is “satisfactory” or better.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Midland States Bancorp, Inc.)
Approval Delays. To the Knowledge of Acquiror, after consultation with applicable Regulatory Authorities, there is no reason why the granting of any of the regulatory approvals referred to in Section 8.1 would be denied or unduly delayed. The Level One Bank’s most recent CRA rating of each of Acquiror’s subsidiaries, including AB&T, that is a “depository institution” as defined by the FDIA, is “satisfactory” or better.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Level One Bancorp Inc)
Approval Delays. To the Knowledge of Acquirorthe Bank, there is no reason why the granting of any of the regulatory approvals referred to in Section 8.1 7.1 would be denied or unduly delayed. The Bank’s most recent CRA rating of each of Acquiror’s subsidiaries, including AB&T, that is a “depository institution” as defined by the FDIA, is “satisfactory” or better.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Landmark Bancorp Inc)
Approval Delays. To the Knowledge of Acquiror, after consultation with applicable Regulatory Authorities, as of the Agreement Date, there is no reason why the granting of any of the regulatory approvals referred to in Section 8.1 would be denied or unduly delayed. The Level One Bank’s most recent CRA rating of each of Acquiror’s subsidiaries, including AB&T, that is a “depository institution” as defined by the FDIA, is “satisfactory” or better.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Level One Bancorp Inc)
