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

Compliance with Permits, Laws and Orders. (i) Each of the First South Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and to the Knowledge of First South, there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses. (ii) To the Knowledge of First South, none of the First South Entities is in material Default under any Laws or Orders applicable to its business or employees conducting its business. (iii) None of the First South Entities has received any notification or communication from any Governmental Authority (A) asserting that First South or any of its Subsidiaries is in Default under any of the Permits, Laws, or Orders which such Governmental Authority enforces, (B) threatening to revoke any Permits, or (C) requiring First South or any of its Subsidiaries (x) to enter into or consent to the issuance of a cease and desist order, formal agreement, directive, commitment, or memorandum of understanding, or (y) to adopt any resolution of its Board of Directors or similar undertaking. (iv) There (A) is no material unresolved violation, criticism, or exception by any Governmental Authority with respect to any report or statement relating to any examinations or inspections of First South or any of its Subsidiaries, (B) are no written notices or correspondence received by First South with respect to pending formal or informal inquiries of a material nature by, or disagreements or disputes with, any Governmental Authority with respect to First South’s or any of First South’s Subsidiaries’ business, operations, policies, or procedures since its inception, and (C) is not any pending or, to First South’s Knowledge, threatened, nor has any Governmental Authority indicated an intention to conduct, any investigation or review (other than regular or routine examinations or inspections) of it or any of its Subsidiaries. (v) None of the First South Entities nor, to the Knowledge of First South, any of its directors, officers, employees, or Representatives acting on its behalf has offered, paid, or agreed to pay any Person, including any Government Authority, directly or indirectly, any thing of value for the purpose of, or with the intent of obtaining or retaining any business in violation of applicable Laws, including (1) using any corporate funds for any unlawful contribution, gift, entertainment, or other unlawful expense relating to political activity, (2) making any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, (3) violating any provision of the Foreign Corrupt Practices Act of 1977, as amended, or (4) making any bribe, rebate, payoff, influence payment, kickback, or other unlawful payment. (vi) Each First South Entity has complied in all material respects with all requirements of Law under the Bank Secrecy Act and the USA Patriot Act, and each First South Entity has timely filed all reports of suspicious activity, including those required under 12 C.F.R. § 353.3. (vii) Each First South Entity’s collection and use of individually identifiable personal information (“IIPI”) to an identifiable or identified natural person complies in all material respects with the Fair Credit Reporting Act and the Xxxxx-Xxxxx-Xxxxxx Act.

Compliance with Permits, Laws and Orders. (i) Each of the First South Carolina Financial Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and to the Knowledge of First SouthCarolina Financial, there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses. (ii) To the Knowledge of First SouthCarolina Financial, none of the First South Carolina Financial Entities is in material Default under any Laws or Orders applicable to its business or employees conducting its business. (iii) None of the First South Carolina Financial Entities has received any notification or communication from any Governmental Authority (A) asserting that First South Carolina Financial or any of its Subsidiaries is in Default under any of the Permits, Laws, or Orders which such Governmental Authority enforces, (B) threatening to revoke any Permits, or (C) requiring First South Carolina Financial or any of its Subsidiaries (x) to enter into or consent to the issuance of a cease and desist order, formal agreement, directive, commitment, or memorandum of understanding, or (y) to adopt any resolution of its Board of Directors or similar undertaking. (iv) There (A) is no material unresolved violation, criticism, or exception by any Governmental Authority with respect to any report or statement relating to any examinations or inspections of First South Carolina Financial or any of its Subsidiaries, (B) are no written notices or correspondence received by First South Carolina Financial with respect to pending formal or informal inquiries of a material nature by, or disagreements or disputes with, any Governmental Authority with respect to First SouthCarolina Financial’s or any of First SouthCarolina Financial’s Subsidiaries’ business, operations, policies, or procedures since its inception, and (C) is not any pending or, to First SouthCarolina Financial’s Knowledge, threatened, nor has any Governmental Authority indicated an intention to conduct, any investigation or review (other than regular or routine examinations or inspections) of it or any of its Subsidiaries. (v) None of the First South Carolina Financial Entities nor, to the Knowledge of First SouthCarolina Financial, any of its directors, officers, employees, or Representatives acting on its behalf has offered, paid, or agreed to pay any Person, including any Government Authority, directly or indirectly, any thing of value for the purpose of, or with the intent of obtaining or retaining any business in violation of applicable Laws, including (1) using any corporate funds for any unlawful contribution, gift, entertainment, or other unlawful expense relating to political activity, (2) making any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, (3) violating any provision of the Foreign Corrupt Practices Act of 1977, as amended, or (4) making any bribe, rebate, payoff, influence payment, kickback, or other unlawful payment. (vi) Each First South Carolina Financial Entity has complied in all material respects with all requirements of Law under the Bank Secrecy Act and the USA Patriot Act, and each First South Carolina Financial Entity has timely filed all reports of suspicious activity, including those required under 12 C.F.R. § 353.3. (vii) Each First South Carolina Financial Entity’s collection and use of individually identifiable personal information (“IIPI”) to an identifiable or identified natural person IIPI complies in all material respects with the Fair Credit Reporting Carolina Financial’s Xxxxx-Xxxxx-Xxxxxx Act and privacy notice, the Xxxxx-Xxxxx-Xxxxxx Act, and the Fair Credit Reporting Act.

Compliance with Permits, Laws and Orders. (i) Each of the First South Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and to the Knowledge of First South, there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses. (ii) To the Knowledge of First South, none of the First South Entities is in material Default under any Laws or Orders applicable to its business or employees conducting its business. (iii) None of the First South Entities has received any notification or communication from any Governmental Authority (A) asserting that First South or any of its Subsidiaries is in Default under any of the Permits, Laws, or Orders which such Governmental Authority enforces, (B) threatening to revoke any Permits, or (C) requiring First South or any of its Subsidiaries (x) to enter into or consent to the issuance of a cease and desist order, formal agreement, directive, commitment, or memorandum of understanding, or (y) to adopt any resolution of its Board of Directors or similar undertaking. (iv) There (A) is no material unresolved violation, criticism, or exception by any Governmental Authority with respect to any report or statement relating to any examinations or inspections of First South or any of its Subsidiaries, (B) are no written notices or correspondence received by First South with respect to pending formal or informal inquiries of a material nature by, or disagreements or disputes with, any Governmental Authority with respect to First South’s or any of First South’s Subsidiaries’ business, operations, policies, or procedures since its inception, and (C) is not any pending or, to First South’s Knowledge, threatened, nor has any Governmental Authority indicated an intention to conduct, any investigation or review (other than regular or routine examinations or inspections) of it or any of its Subsidiaries. (v) None of the First South Entities nor, to the Knowledge of First South, any of its directors, officers, employees, or Representatives acting on its behalf has offered, paid, or agreed to pay any Person, including any Government Authority, directly or indirectly, any thing of value for the purpose of, or with the intent of obtaining or retaining any business in violation of applicable Laws, including (1) using any corporate funds for any unlawful contribution, gift, entertainment, or other unlawful expense relating to political activity, (2) making any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, (3) violating any provision of the Foreign Corrupt Practices Act of 1977, as amended, or (4) making any bribe, rebate, payoff, influence payment, kickback, or other unlawful payment. (vi) Each First South Entity has complied in all material respects with all requirements of Law under the Bank Secrecy Act and the USA Patriot Act, and each First South Entity has timely filed all reports of suspicious activity, including those required under 12 C.F.R. § 353.3. (vii) Each First South Entity’s collection and use of individually identifiable personal information (“IIPI”) to an identifiable or identified natural person complies in all material respects with the Fair Credit Reporting Act and the XxxxxGxxxx-Xxxxx-Xxxxxx Act.

Compliance with Permits, Laws and Orders. (i) Each of the First South Carolina Financial Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and to the Knowledge of First SouthCarolina Financial, there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses. (ii) To the Knowledge of First SouthCarolina Financial, none of the First South Carolina Financial Entities is in material Default under any Laws or Orders applicable to its business or employees conducting its business. (iii) None of the First South Carolina Financial Entities has received any notification or communication from any Governmental Authority (A) asserting that First South Carolina Financial or any of its Subsidiaries is in Default under any of the Permits, Laws, or Orders which such Governmental Authority enforces, (B) threatening to revoke any Permits, or (C) requiring First South Carolina Financial or any of its Subsidiaries (x) to enter into or consent to the issuance of a cease and desist order, formal agreement, directive, commitment, or memorandum of understanding, or (y) to adopt any resolution of its Board of Directors or similar undertaking. (iv) There (A) is no material unresolved violation, criticism, or exception legal violation cited by any Governmental Authority with respect to any report or statement relating to any examinations or inspections of First South Carolina Financial or any of its Subsidiaries, (B) are no written notices or correspondence received by First South Carolina Financial with respect to pending formal or informal inquiries of a material nature by, or disagreements or disputes with, any Governmental Authority with respect to First SouthCarolina Financial’s or any of First SouthCarolina Financial’s Subsidiaries’ business, operations, policies, or procedures since its inception, and (C) to the Knowledge of Carolina Financial, is not no investigation or review by any Governmental Authority is pending or, to First South’s Knowledge, or threatened, nor has any Governmental Authority indicated an intention to conduct, any investigation or review (other than regular or routine examinations or inspections) of it or any of its Subsidiaries. (v) None of the First South Carolina Financial Entities nor, to the Knowledge of First SouthCarolina Financial, any of its directors, officers, employees, or Representatives acting on its behalf has offered, paid, or agreed to pay any Person, including any Government Authority, directly or indirectly, any thing of value for the purpose of, or with the intent of obtaining or retaining any business in violation of applicable Laws, including (1) using any corporate funds for any unlawful contribution, gift, entertainment, or other unlawful expense relating to political activity, (2) making any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, (3) violating any provision of the Foreign Corrupt Practices Act of 1977, as amended, or (4) making any bribe, rebate, payoff, influence payment, kickback, or other unlawful payment. (vi) Each First South Carolina Financial Entity has complied in all material respects with all requirements of Law under the Bank Secrecy Act and the USA Patriot Act, and each First South Carolina Financial Entity has timely filed all reports of suspicious activity, including those required under 12 C.F.R. § 353.3. (vii) Each First South Carolina Financial Entity’s collection and use of individually identifiable personal information (“IIPI”) to an identifiable or identified natural person IIPI complies in all material respects with the Fair Credit Reporting Carolina Financial’s Xxxxx-Xxxxx-Xxxxxx Act and privacy notice, the Xxxxx-Xxxxx-Xxxxxx Act, and the Fair Credit Reporting Act.

Compliance with Permits, Laws and Orders. (i) Each of the First South Carolina Financial Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and to the Knowledge of First SouthCarolina Financial, there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses. (ii) To the Knowledge of First SouthCarolina Financial, none of the First South Carolina Financial Entities is in material Default under any Laws or Orders applicable to its business or employees conducting its business. (iii) None of the First South Carolina Financial Entities has received any notification or communication from any Governmental Authority (A) asserting that First South Carolina Financial or any of its Subsidiaries is in Default under any of the Permits, Laws, or Orders which such Governmental Authority enforces, (B) threatening to revoke any Permits, or (C) requiring First South Carolina Financial or any of its Subsidiaries (x) to enter into or consent to the issuance of a cease and desist order, formal agreement, directive, commitment, or memorandum of understanding, or (y) to adopt any resolution of its Board of Directors or similar undertaking. (iv) There (A) is no material unresolved violation, criticism, or exception by any Governmental Authority with respect to any report or statement relating to any examinations or inspections of First South Carolina Financial or any of its Subsidiaries, (B) are no written notices or correspondence received by First South Carolina Financial with respect to pending formal or informal inquiries of a material nature by, or disagreements or disputes with, any Governmental Authority with respect to First SouthCarolina Financial’s or any of First SouthCarolina Financial’s Subsidiaries’ business, operations, policies, or procedures since its inception, and (C) is not any pending or, to First SouthCarolina Financial’s Knowledge, threatened, nor has any Governmental Authority indicated an intention to conduct, any investigation or review (other than regular or routine examinations or inspections) of it or any of its Subsidiaries. (v) None of the First South Carolina Financial Entities nor, to the Knowledge of First SouthCarolina Financial, any of its directors, officers, employees, or Representatives acting on its behalf has offered, paid, or agreed to pay any Person, including any Government Authority, directly or indirectly, any thing of value for the purpose of, or with the intent of obtaining or retaining any business in violation of applicable Laws, including (1) using any corporate funds for any unlawful contribution, gift, entertainment, or other unlawful expense relating to political activity, (2) making any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, (3) violating any provision of the Foreign Corrupt Practices Act of 1977, as amended, or (4) making any bribe, rebate, payoff, influence payment, kickback, or other unlawful payment. (vi) Each First South Carolina Financial Entity has complied in all material respects with all requirements of Law under the Bank Secrecy Act and the USA Patriot Act, and each First South Carolina Financial Entity has timely filed all reports of suspicious activity, including those required under 12 C.F.R. § 353.3. (vii) Each First South Carolina Financial Entity’s collection and use of individually identifiable personal information (“IIPI”) to an identifiable or identified natural person IIPI complies in all material respects with Carolina Financial’s Gxxxx-Xxxxx-Xxxxxx Act privacy notice, the Fair Credit Reporting Act and the XxxxxGxxxx-Xxxxx-Xxxxxx Act, and the Fair Credit Reporting Act.

Compliance with Permits, Laws and Orders. (i) Each of the First South Carolina Trust Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and to the Knowledge of First SouthCarolina Trust, there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses. (ii) To the Knowledge of First SouthCarolina Trust, none of the First South Carolina Trust Entities is in material Default under any Laws or Orders applicable to its business or employees conducting its business. (iii) None of the First South Carolina Trust Entities has received any notification or communication from any Governmental Authority (A) asserting that First South Carolina Trust or any of its Subsidiaries is in Default under any of the Permits, Laws, or Orders which such Governmental Authority enforces, (B) threatening to revoke any Permits, or (C) requiring First South Carolina Trust or any of its Subsidiaries (x) to enter into or consent to the issuance of a cease and desist order, formal agreement, directive, commitment, or memorandum of understanding, or (y) to adopt any resolution of its Board of Directors or similar undertaking. (iv) There (A) is no material unresolved violation, criticism, or exception legal violation cited by any Governmental Authority with respect to any report or statement relating to any examinations or inspections of First South Carolina Trust or any of its Subsidiaries, (B) are no written notices or correspondence received by First South Carolina Trust with respect to pending formal or informal inquiries of a material nature by, or disagreements or disputes with, any Governmental Authority with respect to First SouthCarolina Trust’s or any of First SouthCarolina Trust’s Subsidiaries’ business, operations, policies, or procedures since its inception, and (C) to the Knowledge of Carolina Trust, is not no investigation or review by any Governmental Authority pending or, to First South’s Knowledge, or threatened, nor has any Governmental Authority indicated an intention to conduct, any investigation or review (other than regular or routine examinations or inspections) of it or any of its Subsidiaries. (v) None of the First South Carolina Trust Entities nor, to the Knowledge of First SouthCarolina Trust, any of its directors, officers, employees, or Representatives acting on its behalf has offered, paid, or agreed to pay any Person, including any Government Authority, directly or indirectly, any thing of value for the purpose of, or with the intent of obtaining or retaining any business in violation of applicable Laws, including (1) using any corporate funds for any unlawful contribution, gift, entertainment, or other unlawful expense relating to political activity, (2) making any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, (3) violating any provision of the Foreign Corrupt Practices Act of 1977, as amended, or (4) making any bribe, rebate, payoff, influence payment, kickback, or other unlawful payment. (vi) Each First South Carolina Trust Entity has complied in all material respects with all requirements of Law under the Bank Secrecy Act and the USA Patriot Act, and each First South Carolina Trust Entity has timely filed all reports of suspicious activity, including those required under 12 C.F.R. § 353.3. (vii) Each First South Carolina Trust Entity’s collection and use of individually identifiable personal information (“IIPI”) to an identifiable or identified natural person complies in all material respects with the Fair Credit Reporting Act and the XxxxxGxxxx-Xxxxx-Xxxxxx Act.

Compliance with Permits, Laws and Orders. (i) Each of the First South Carolina Trust Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and to the Knowledge of First SouthCarolina Trust, there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses. (ii) To the Knowledge of First SouthCarolina Trust, none of the First South Carolina Trust Entities is in material Default under any Laws or Orders applicable to its business or employees conducting its business. (iii) None of the First South Carolina Trust Entities has received any notification or communication from any Governmental Authority (A) asserting that First South Carolina Trust or any of its Subsidiaries is in Default under any of the Permits, Laws, or Orders which such Governmental Authority enforces, (B) threatening to revoke any Permits, or (C) requiring First South Carolina Trust or any of its Subsidiaries (x) to enter into or consent to the issuance of a cease and desist order, formal agreement, directive, commitment, or memorandum of understanding, or (y) to adopt any resolution of its Board of Directors or similar undertaking. (iv) There (A) is no material unresolved violation, criticism, or exception legal violation cited by any Governmental Authority with respect to any report or statement relating to any examinations or inspections of First South Carolina Trust or any of its Subsidiaries, (B) are no written notices or correspondence received by First South Carolina Trust with respect to pending formal or informal inquiries of a material nature by, or disagreements or disputes with, any Governmental Authority with respect to First SouthCarolina Trust’s or any of First SouthCarolina Trust’s Subsidiaries’ business, operations, policies, or procedures since its inception, and (C) to the Knowledge of Carolina Trust, is not no investigation or review by any Governmental Authority pending or, to First South’s Knowledge, or threatened, nor has any Governmental Authority indicated an intention to conduct, any investigation or review (other than regular or routine examinations or inspections) of it or any of its Subsidiaries. (v) None of the First South Carolina Trust Entities nor, to the Knowledge of First SouthCarolina Trust, any of its directors, officers, employees, or Representatives acting on its behalf has offered, paid, or agreed to pay any Person, including any Government Authority, directly or indirectly, any thing of value for the purpose of, or with the intent of obtaining or retaining any business in violation of applicable Laws, including (1) using any corporate funds for any unlawful contribution, gift, entertainment, or other unlawful expense relating to political activity, (2) making any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, (3) violating any provision of the Foreign Corrupt Practices Act of 1977, as amended, or (4) making any bribe, rebate, payoff, influence payment, kickback, or other unlawful payment. (vi) Each First South Carolina Trust Entity has complied in all material respects with all requirements of Law under the Bank Secrecy Act and the USA Patriot Act, and each First South Carolina Trust Entity has timely filed all reports of suspicious activity, including those required under 12 C.F.R. § 353.3. (vii) Each First South Carolina Trust Entity’s collection and use of individually identifiable personal information (“IIPI”) to an identifiable or identified natural person complies in all material respects with the Fair Credit Reporting Act and the Xxxxx-Xxxxx-Xxxxxx Act.

Compliance with Permits, Laws and Orders. (i) Each of the First South Carolina Financial Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and to the Knowledge of First SouthCarolina Financial, there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses. (ii) To the Knowledge of First SouthCarolina Financial, none of the First South Carolina Financial Entities is in material Default under any Laws or Orders applicable to its business or employees conducting its business. (iii) None of the First South Carolina Financial Entities has received any notification or communication from any Governmental Authority (A) asserting that First South Carolina Financial or any of its Subsidiaries is in Default under any of the Permits, Laws, or Orders which such Governmental Authority enforces, (B) threatening to revoke any Permits, or (C) requiring First South Carolina Financial or any of its Subsidiaries (x) to enter into or consent to the issuance of a cease and desist order, formal agreement, directive, commitment, or memorandum of understanding, or (y) to adopt any resolution of its Board of Directors or similar undertaking. (iv) There (A) is no material unresolved violation, criticism, or exception legal violation cited by any Governmental Authority with respect to any report or statement relating to any examinations or inspections of First South Carolina Financial or any of its Subsidiaries, (B) are no written notices or correspondence received by First South Carolina Financial with respect to pending formal or informal inquiries of a material nature by, or disagreements or disputes with, any Governmental Authority with respect to First SouthCarolina Financial’s or any of First SouthCarolina Financial’s Subsidiaries’ business, operations, policies, or procedures since its inception, and (C) to the Knowledge of Carolina Financial, is not no investigation or review by any Governmental Authority is pending or, to First South’s Knowledge, or threatened, nor has any Governmental Authority indicated an intention to conduct, any investigation or review (other than regular or routine examinations or inspections) of it or any of its Subsidiaries. (v) None of the First South Carolina Financial Entities nor, to the Knowledge of First SouthCarolina Financial, any of its directors, officers, employees, or Representatives acting on its behalf has offered, paid, or agreed to pay any Person, including any Government Authority, directly or indirectly, any thing of value for the purpose of, or with the intent of obtaining or retaining any business in violation of applicable Laws, including (1) using any corporate funds for any unlawful contribution, gift, entertainment, or other unlawful expense relating to political activity, (2) making any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, (3) violating any provision of the Foreign Corrupt Practices Act of 1977, as amended, or (4) making any bribe, rebate, payoff, influence payment, kickback, or other unlawful payment. (vi) Each First South Carolina Financial Entity has complied in all material respects with all requirements of Law under the Bank Secrecy Act and the USA Patriot Act, and each First South Carolina Financial Entity has timely filed all reports of suspicious activity, including those required under 12 C.F.R. § 353.3. (vii) Each First South Carolina Financial Entity’s collection and use of individually identifiable personal information (“IIPI”) to an identifiable or identified natural person IIPI complies in all material respects with Carolina Financial’s Gxxxx-Xxxxx-Xxxxxx Act privacy notice, the Fair Credit Reporting Act and the XxxxxGxxxx-Xxxxx-Xxxxxx Act, and the Fair Credit Reporting Act.