Common use of Cooperation; Regulatory Filings Clause in Contracts

Cooperation; Regulatory Filings. Subject to the terms and conditions of this Reorganization Agreement, CFC and AFC shall cooperate, and shall cause each of their subsidiaries to cooperate, in the preparation and submission by CFC and AFC, as promptly as reasonably practicable, of such applications, petitions, and other documents and materials as any of them may reasonably deem necessary or desirable to the SEC, the Federal Reserve, the appropriate Regulatory Authorities of South Carolina, the shareholders of AFC and CFC, and any other Persons for the purpose of obtaining any approvals or consents necessary to consummate the transactions contemplated by this Reorganization Agreement. Prior to the making of any such filings with any Regulatory Authority or the making of any written disclosures with respect to the transactions contemplated hereby to shareholders or to any third person (such as mailings to shareholders or press releases), the parties shall submit to each other the material to be filed, mailed, or released. Any such materials shall be reasonably acceptable to all parties prior to the filings with any Regulatory Authorities or the disclosures to shareholders or to any third person, except to the extent that any person is legally required to proceed prior to obtaining the approvals of the other parties. CFC shall be responsible for all filings fees associated with the Regulatory Approvals.

Cooperation; Regulatory Filings. Subject to the terms and conditions of this Reorganization Agreement, CFC Wavetech and AFC Imagitel shall cooperate, and shall cause each of their subsidiaries to cooperate, in the preparation and submission by CFC Wavetech and AFCImagitel, as promptly as reasonably practicable, of such applications, petitions, and other documents and materials as any of them may reasonably deem necessary or desirable to the SEC, the Federal Reserve, the appropriate Regulatory Authorities of South CarolinaAuthorities, the shareholders of AFC Imagitel and CFCWavetech, and any other Persons for the purpose of obtaining any approvals or consents necessary to consummate the transactions contemplated by this Reorganization Agreement. Prior to the making of any such filings with any Regulatory Authority or the making of any written disclosures with respect to the transactions contemplated hereby to shareholders or to any third person Person (such as mailings to shareholders or press releases), the parties shall submit to each other the material to be filed, mailed, or released. Any such materials shall be reasonably acceptable to all parties prior to the filings with any Regulatory Authorities or the disclosures to shareholders or to any third personPerson, except to the extent that any person Person is legally required to proceed prior to obtaining the approvals of the other parties. CFC Wavetech shall be responsible for all filings fees associated with the Regulatory Approvals.

Cooperation; Regulatory Filings. Subject to the terms and conditions of this Reorganization Agreement, CFC and AFC Citrus shall cooperate, and shall cause each of their subsidiaries to cooperate, in the preparation and submission by CFC and AFCCitrus, as promptly as reasonably practicable, of such applications, petitions, and other documents and materials as any of them may reasonably deem necessary or desirable to the SEC, the Federal ReserveOCC, the appropriate Regulatory Authorities of South CarolinaCarolina and Florida, the shareholders of AFC and CFCCitrus, and any other Persons for the purpose of obtaining any approvals or consents necessary to consummate the transactions contemplated by this Reorganization Agreement. Prior to the making of any such filings with any Regulatory Authority or the making of any written disclosures with respect to the transactions contemplated hereby to shareholders or to any third person (such as mailings to shareholders or press releases), the parties shall submit to each other the material to be filed, mailed, or released. Any such materials shall be reasonably acceptable to all parties prior to the filings with any Regulatory Authorities or the disclosures to shareholders or to any third person, except to the extent that any person is legally required to proceed prior to obtaining the approvals of the other parties. CFC shall be responsible for all filings fees associated with obtaining the Regulatory Approvals. The parties shall provide each other with copies of all correspondence and responses sent to and from Regulatory Authorities with respect to the Merger. 2.6.