Common use of Compliance with Capital Adequacy and Debt Guidelines Clause in Contracts

Compliance with Capital Adequacy and Debt Guidelines. Buyer, on a stand-alone basis, meets or exceeds, as of June 30, 2009, and on a pro forma basis as of such date reflecting the purchase and assumption transaction contemplated hereby, (a) all applicable capital adequacy regulatory standards, (b) all applicable debt-to-equity regulatory guidelines and (c) all debt-reduction guidelines. Buyer knows of no reason why the approvals, consents or waivers of governmental authorities required to complete the purchase and assumption transaction contemplated hereby will not be obtained in a timely manner so as to permit the consummation of such transaction to occur as contemplated by this Agreement.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Harrington West Financial Group Inc/Ca)

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Compliance with Capital Adequacy and Debt Guidelines. Buyer, ------------ ---------------------------------------------------- on a stand-alone basis, meets or exceeds, as of June 30December 31, 20092001, and on a pro forma basis as of such date reflecting the purchase and assumption transaction contemplated hereby, (ai) all applicable capital adequacy regulatory standards, (bii) all applicable debt-to-equity regulatory guidelines and (ciii) all debt-reduction guidelines. Buyer knows of no reason why the approvals, consents or waivers of governmental authorities required to complete the purchase and assumption transaction contemplated hereby will not be obtained in a timely manner so as to permit the consummation of such transaction to occur as contemplated by this Agreementon or before July 31, 2002.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (HCB Bancshares Inc)

Compliance with Capital Adequacy and Debt Guidelines. Buyer, on a stand-alone basis, meets or exceeds, as of June 30, 20092003, and on a pro forma basis as of such date reflecting the purchase and assumption transaction contemplated hereby, (ai) all applicable capital adequacy regulatory standards, (bii) all applicable debt-to-equity regulatory guidelines and (ciii) all debt-reduction guidelines. Buyer knows of no reason why the approvals, consents or waivers of governmental authorities required to complete the purchase and assumption transaction contemplated hereby will not be obtained in a timely manner so as to permit the consummation of such transaction to occur as contemplated by this Agreement.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Gold Banc Corp Inc)

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Compliance with Capital Adequacy and Debt Guidelines. Buyer, on a stand-alone basis, meets or exceeds, as of June 30December 31, 20092011, and on a pro forma basis as of such date reflecting the purchase and assumption transaction contemplated hereby, (ai) all applicable capital adequacy regulatory standards, (bii) all applicable debt-to-equity regulatory guidelines and (ciii) all debt-reduction guidelines. Buyer knows of no reason why the approvals, consents or waivers of governmental authorities required to complete the purchase and assumption transaction contemplated hereby will not be obtained in a timely manner so as to permit the consummation of such transaction to occur as contemplated by this Agreement.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Ames National Corp)

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