Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein, including without limitation the approval of the Board of Governors of the Federal Reserve System. (b) Borrower has complied and is complying with all other applicable state or federal statutes, rules, rulings and regulations. The borrowing of money and said actions and transactions required hereunder will not violate any of such statutes, rules, rulings, or regulations.
Appears in 6 contracts
Samples: Loan Agreement (First Guaranty Bancshares, Inc.), Loan Agreement (Southern States Bancshares, Inc.), Loan Agreement (Citizens Community Bancorp Inc.)
Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if as required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein, including without limitation the approval of the Board of Governors of the Federal Reserve System.
(b) Borrower has complied and is complying with all other applicable state or federal statutes, rules, rulings and regulations. The borrowing of money and pledging of such stock as described herein and said actions and transactions required hereunder will not violate any of such statutes, rules, rulings, or regulations. Borrower has made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein.
Appears in 3 contracts
Samples: Loan Agreement (Heritage Financial Holding), Loan Agreement (Peoples Bancorp Inc), Loan Agreement (Peoples Bancorp Inc)
Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described hereinherein (including its redemption of the CDCI preferred stock referenced above), including without limitation the approval of the Board of Governors of the Federal Reserve System.
(b) Borrower has complied and is complying with all other applicable state or federal statutes, rules, rulings and regulations. The borrowing of money and said actions and transactions required hereunder will not violate any of such statutes, rules, rulings, or regulations.
Appears in 2 contracts
Samples: Loan Agreement (Bancplus Corp), Loan Agreement (First Bancshares Inc /MS/)
Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amendedthe appropriate state insurance regulatory authorities, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if as required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions transaction described herein, including without limitation the approval of the Board of Governors of the Federal Reserve System.
(b) Borrower has complied and is complying with all other applicable state or federal statutes, rules, rulings and regulations. The borrowing of money as described herein and said actions and transactions required hereunder will not violate any of such statutes, rules, rulings, or regulations. Borrower has made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein.
Appears in 2 contracts
Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewiththerewith except where such failure to comply would not have a Material Adverse Effect, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereofthereof except for such violations as would not have a Material Adverse Effect. Borrower has, if as required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein, including without limitation the approval of the Board of Governors of the Federal Reserve System.
(b) Borrower has complied and is complying in all material respects with all other applicable state or federal statutes, rules, rulings and regulations. The borrowing of money and said actions and transactions required hereunder will not violate any of such statutes, rules, rulings, or regulations.
Appears in 2 contracts
Samples: Loan Agreement (Civitas Bankgroup Inc), Loan Agreement (Civitas Bankgroup Inc)
Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act Section 10(b)(2) of 1956the Home Owners’ Loan Act, as amended, and 12C.F.R. Section 584.1(a), as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein, including without limitation the approval of the Board Office of Governors Thrift Supervision of the Federal Reserve SystemUnited States Treasury Department.
(b) Borrower has complied and is complying with all other applicable state or federal statutes, rules, rulings and regulations. The borrowing of money and said actions and transactions required hereunder will not violate any of such statutes, rules, rulings, or regulations.
Appears in 2 contracts
Samples: Loan Agreement (Mutualfirst Financial Inc), Loan Agreement (Mutualfirst Financial Inc)
Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein, including without limitation the approval of the Board of Governors of the Federal Reserve System.
(b) Borrower has complied and is complying with all other applicable state or federal statutes, rules, rulings and regulationsregulations except as would not reasonably be expected to have a Material Adverse Effect. The borrowing of money and said actions and transactions required hereunder will not violate any of such statutes, rules, rulings, or regulations.
Appears in 1 contract
Samples: Loan Agreement (First Citizens Bancshares Inc /Tn/)
Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The the Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations regulations, nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if as required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein, including without limitation the approval of the Board of Governors of the Federal Reserve System.
(b) Borrower has complied and is complying with all other applicable state or federal statutes, rules, rulings rulings, and regulations. The borrowing of money and pledging of such stock is described herein, and said actions and transactions required hereunder will not violate any of such statutes, rules, rulings, or regulations. Borrower has made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein.
Appears in 1 contract
Compliance with Law; Government Approvals. (a) Since January 1, 2014, Borrower has complied and is complying in compliance with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewiththerewith except where the failure to be in compliance, make such application or submit such report would not reasonably be expected to cause a Material Adverse Effect, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein, including without limitation the approval of the Board of Governors of the Federal Reserve System.
(b) Borrower has complied and is complying with all other applicable state or federal statutes, rules, rulings and regulations. The borrowing of money and said actions and transactions required hereunder will not violate any of such state or federal statutes, rules, rulings, or regulations.
Appears in 1 contract
Samples: Loan Agreement (Community First Inc)
Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described hereinherein and in the Merger Agreements, including without limitation the approval of the Board of Governors of the Federal Reserve System.
(b) Borrower has complied and is complying with all other applicable state or federal statutes, rules, rulings and regulations. The borrowing of money and said actions and transactions required hereunder and under the Merger Agreements will not violate any of such statutes, rules, rulings, or regulations.
Appears in 1 contract
Samples: Loan Agreement (Bancplus Corp)