Common use of Compliance with Laws, Permits and Instruments Clause in Contracts

Compliance with Laws, Permits and Instruments. (a) Each of PCCI, the Bank and each Trust is in compliance with, and is not in default (or with the giving of notice or the passage of time will not be in default) under, or in violation of, (i) any provision of the Certificate of Incorporation or Bylaws of PCCI, (ii) any provision of the Articles of Incorporation or Bylaws of the Bank, (iii) the Trust Agreements with respect to the Trusts, and (iv) any material provision of any loan agreement, security or pledge agreement, mortgage, indenture, lease, contract, agreement or other instrument applicable to PCCI, the Bank or the Trusts or their respective assets, operations, properties or businesses now conducted or heretofore conducted or (v) any permit, concession, grant, franchise, license, authorization, judgment, writ, injunction, order, decree, award, statute, federal, state or local law, ordinance, rule or regulation of any court, arbitrator or any federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality applicable to PCCI, the Bank, the Trusts or their respective assets, operations, properties or businesses now conducted or heretofore conducted, which noncompliance or violation would, individually or in the aggregate, reasonably be anticipated to result in a Material Adverse Change.

Compliance with Laws, Permits and Instruments. (a) Each of PCCIExcept as set forth in Schedule 3.04, Pacific and the Bank and each Trust is Pacific Subsidiaries, as applicable, are in compliance with, and is are not in default (or with the giving of notice or the passage of time will not be in default) under, or in violation of, (i) any provision of the Certificate Articles of Incorporation or Bylaws of PCCIPacific or the Pacific Subsidiaries (other than the Subsidiary Banks), (ii) any provision of the Articles of Incorporation Association or Bylaws of the Bank, Subsidiary Banks (iii) the Trust Agreements with respect to the Trusts, and (iv) any material provision of any loan agreement, security or pledge agreement, mortgage, indenture, lease, contract, agreement or other instrument applicable to PCCI, the Bank Pacific or the Trusts Pacific Subsidiaries or their respective assets, operations, properties or businesses now conducted or heretofore conducted or (viv) any permit, concession, grant, franchise, license, authorization, judgment, writ, injunction, order, decree, award, statute, federal, state or local law, ordinance, rule or regulation of any court, arbitrator or any federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality applicable to PCCIPacific, the Bank, the Trusts Pacific Subsidiaries or their respective assets, operations, properties or businesses now conducted or heretofore conducted, which noncompliance or violation would, individually or in the aggregate, reasonably be anticipated to result in a Material Adverse Change.,

Compliance with Laws, Permits and Instruments. (a) Each A. Except as disclosed on Schedule 3.04, to the best knowledge of PCCIFTC, FTC and the Bank have in all material respects performed and each Trust is abided by all obligations required to be performed by them to the date hereof, and have complied with, and are in compliance with, and is are not in default (or with the giving of notice or the passage of time will not be in default) under, or in violation of, (i) any provision of the Certificate of Incorporation or Bylaws of PCCI, (ii) any material provision of the Articles of Incorporation or Bylaws of FTC or Articles or Bylaws of the Bank, Bank (iii) the Trust Agreements with respect to the Trusts, and (ivii) any material provision of any loan agreement, security or pledge agreement, mortgage, indenture, lease, contract, agreement or other instrument applicable to PCCI, FTC or the Bank or the Trusts or their respective assets, operations, properties or businesses now conducted or heretofore conducted or (viii) any material provision of any permit, concession, grant, franchise, license, authorization, judgment, writ, injunction, order, decree, award, statute, federal, state or local law, ordinance, rule or regulation of any court, arbitrator or any federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality applicable to PCCI, FTC or the Bank, the Trusts Bank or their respective assets, operations, properties or businesses now conducted or heretofore conducted, which noncompliance or violation would, individually or in the aggregate, reasonably be anticipated to result in a Material Adverse Change.

Compliance with Laws, Permits and Instruments. (a) Each of PCCIExcept as set forth in Schedule 4.04, SBB and the Bank and each Trust is SBB Subsidiaries, as applicable, are in compliance with, and is are not in default (or with the giving of notice or the passage of time will not be in default) under, or in violation of, (i) any provision of the Certificate of Incorporation or Bylaws of PCCI, (ii) any provision of the Articles of Incorporation or Bylaws of the BankSBB or any SBB Subsidiary, (iii) the Trust Agreements with respect to the Trusts, and (ivii) any material provision of any loan agreement, security or pledge agreement, mortgage, indenture, lease, contract, agreement or other instrument applicable to PCCI, the Bank SBB or the Trusts any SBB Subsidiary or their respective assets, operations, properties or businesses now conducted or heretofore conducted or (viii) any permit, concession, grant, franchise, license, authorization, judgment, writ, injunction, order, decree, award, statute, federal, state or local law, ordinance, rule or regulation of any court, arbitrator or any federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality applicable to PCCISBB, the Bank, the Trusts SBB Subsidiaries or their respective assets, operations, properties or businesses now conducted or heretofore conducted, which noncompliance or violation would, individually or in the aggregate, reasonably be anticipated to result in have a Material Adverse Changematerial adverse effect on the business, results of operations, financial condition, or (insofar as they can reasonably be foreseen) prospects of SBB taken as a whole.