Common use of Bank Regulatory Matters Clause in Contracts

Bank Regulatory Matters. The Company’s banking subsidiary, Fifth Third Bank, is “well-capitalized” (as that term is defined at 12 C.F.R. 6.4(b)(1)), and has received an overall Community Reinvestment Act (“CRA”) rating of at least “satisfactory”. Neither the Company nor Fifth Third Bank reasonably believes that Fifth Third Bank’s status as “well-capitalized” will change within one year from the date hereof, nor do the Company or Fifth Third Bank reasonably believe that Fifth Third Bank may receive a less than “satisfactory” rating for CRA purposes with one year from the date hereof.

Appears in 4 contracts

Samples: Underwriting Agreement (Fifth Third Bancorp), Underwriting Agreement (Fifth Third Bancorp), Underwriting Agreement (Fifth Third Bancorp)

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Bank Regulatory Matters. The Company’s banking subsidiary, Fifth Third Bank, is “well-capitalized” (as that term is defined at 12 C.F.R. 6.4(b)(1)), and has received an overall Community Reinvestment Act (“CRA”) rating of at least “satisfactory”. Neither the Company nor Fifth Third Bank reasonably believes that Fifth Third Bank’s status as “well-capitalized” will change within one year from the date hereof, nor do the Company or Fifth Third Bank reasonably believe that Fifth Third Bank may receive a less than “satisfactory” rating for CRA purposes with within one year from the date hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Fifth Third Bancorp)

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