Changes in Business Practices Sample Clauses

Changes in Business Practices. Except as may be required by the FDIC, the Commissioner or any other governmental or other regulatory agency or as shall be required by applicable law, regulation or this Agreement, (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section 4.1(b) above and Section 6.9 below).
AutoNDA by SimpleDocs
Changes in Business Practices. Except as may be required by the FDIC, the Commissioner, the SEC, the FRB, or any other governmental agency or other Regulatory Authority or as shall be required by applicable law, regulation, or this Agreement, (i) change in any material respect the nature of its business or the manner in which it conducts its business; (ii) discontinue any material portion or line of its business; (iii) change in any material respect its lending, investment, asset-liability management, or other material banking or business policies, (iv) take any action that would adversely affect or delay its ability to perform its obligations under this Agreement or to consummate the transactions contemplated hereby; (v) take any action that is intended to or expected to result in any of its representations and warranties set forth in this Agreement being or becoming untrue in any material respect at any time prior to the Effective Time, or in any of the conditions to the Merger set forth in Article VII not being satisfied or in a violation of any provision of this Agreement; (vi) knowingly take any action that would prevent or impede the Merger from qualifying as a reorganization within the meaning of Section 368 of the Code; (vii) take any action or enter into any agreement that could reasonably be expected to jeopardize or materially delay the receipt of the regulatory approvals described in Paragraph 6.02; or (viii) agree to take, make any commitment to take, or adopt any resolutions of its Board of Directors in support of, any of the actions prohibited by this Paragraph 4.02.
Changes in Business Practices. Except as may be required by their respective Regulatory Authorities, or otherwise as shall be required by applicable law, regulation or this Agreement, none of the 1st Financial Companies will (i) change in any material respect the nature of their business or the manner in which they conduct their business, (ii) discontinue any material portion or line of their business, or (iii) change in any material respect their lending, deposit, investment, asset-liability management or other material banking or business policies.
Changes in Business Practices. Except as may be required by the Virginia Bureau, the OCC, the FDIC, the FRB, or any other Regulatory Authority, or as shall be required by applicable law, regulation or this Agreement, neither CNB nor Community will (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business, or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies.
Changes in Business Practices. Except as may be required by the FDIC, the Commissioner or any other governmental or other regulatory agency or as shall be required by applicable law, regulation or this Agreement, (i) conduct its business other than in the ordinary and usual course consistent with past practice or fail to use reasonable best efforts to preserve intact its business organization and advantageous business relationships, (ii) fail to use commercially reasonable best efforts to keep available the present services of its employees and preserve for itself and FNB the goodwill of the customers of Integrity and its subsidiaries and others with whom business relations exist, (iii) take any action that would adversely affect or materially delay the ability of either Integrity or FNB to obtain any necessary approvals of any regulatory agency required for the transactions contemplated hereby or to perform its covenants and agreements under this Agreement or to consummate the transactions contemplated hereby, (iv) discontinue any material portion or line of its business, or (v) change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section 4.1(b) above and Section 6.9 below).
Changes in Business Practices. Except as may be required by the ----------------------------- FDIC, the Commissioner, or any other governmental or other regulatory agency or as shall be required by applicable law, regulation, or this Agreement, neither First Xxxxxx nor any First Xxxxxx Subsidiary will (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business, or (iii) change in any material respect its lending, investment, asset-liability management, or other material banking or business policies (except to the extent required by Paragraph 4.01.C. above).
Changes in Business Practices. Except as may be required by the ----------------------------- Regulatory Authorities or any other governmental agency, or as shall be required by applicable law, regulation or this Agreement, Yadkin will not: (i) change in any material respect the nature of its business; (ii) discontinue any material portion or line of its business; or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies.
AutoNDA by SimpleDocs
Changes in Business Practices. 2 The changes in business practices embodied in this Settlement Agreement and the 3 agreements incorporated herein shall remain binding on the Parties and their agents and 4 successors for a three-year period following the Effective Date, unless a different timeframe is 5 provided for a particular component of the changes in business practices described in the 6 complete recitation attached hereto as Exhibit B. 8 beginning six months after the Effective Date, regarding compliance, and may confer more 9 frequently at their discretion or as dictated by information either Party gathers. The Parties have 10 agreed that Xxxx Xxxxxxx, Vice President Human Resources, shall serve as the Compliance
Changes in Business Practices. Except as may be required by the South Carolina Board, the FDIC, the FRB, or any other Regulatory Authority, or otherwise as shall be required by applicable law, regulation or this Agreement, neither PCCC, PCB nor PFS will (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business, or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies.
Changes in Business Practices. Except as shall be required by their respective Regulatory Authorities, or otherwise by applicable law, regulation or this Agreement, none of the Cordia Companies will change in any material respect (i) their current business practices, the nature of their businesses, or the manner in which they conduct their businesses, or discontinue any material portion or line of their businesses, (ii) their current lending and Loan administration practices, guidelines, policies and procedures, or (iii) their current deposit, overdraft or asset-liability management policies and procedures (including any changes in the pricing of or interest rates paid on deposits), or take any actions designed to materially increase or decrease the aggregate level of their deposits, or any category of their deposits, as of the date of this Agreement, other than changes that are consistent with their asset-liability management policies and based on competition, market rates or changes in applicable law.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!