Common use of Customer Relationships Clause in Contracts

Customer Relationships. (a) Each trust or wealth management customer of FIBK or any of its Subsidiaries has been in all material respects originated and serviced (i) in conformity with the applicable policies of FIBK and its Subsidiaries, (ii) in accordance with the terms of any applicable contract governing the relationship with such customer, (iii) in accordance with any instructions received from such customers and their authorized representatives and authorized signers, (iv) consistent with each customer’s risk profile and (v) in compliance with all applicable laws and FIBK’s and its Subsidiaries’ constituent documents, including any policies and procedures adopted thereunder. Each contract governing a relationship with a trust or wealth management customer of FIBK or any of its Subsidiaries has been duly and validly executed and delivered by FIBK and each Subsidiary and, to the knowledge of FIBK, the other contracting parties, each such contract constitutes a valid and binding obligation of the parties thereto, except as such enforceability may be limited by the Enforceability Exceptions, and FIBK and its Subsidiaries and, to the knowledge of FIBK, the other contracting parties thereto, have duly performed in all material respects their obligations thereunder, and FIBK and its Subsidiaries and, to the knowledge of FIBK, such other contracting parties are in material compliance with each of the terms thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Great Western Bancorp, Inc.), Agreement and Plan of Merger (First Interstate Bancsystem Inc)

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Customer Relationships. (a) Each trust or wealth management customer of FIBK Company or any of its Subsidiaries has been in all material respects originated and serviced (iA) in conformity with the applicable policies of FIBK Company and its Subsidiaries, (iiB) in accordance with the terms of any applicable contract Contract governing the relationship with such customer, (iiiC) in accordance with any instructions received from such customers and their authorized representatives and authorized signers, (ivD) consistent with each customer’s risk profile and (vE) in compliance with all applicable laws Laws and FIBKCompany’s and its Subsidiaries’ constituent documents, including any policies and procedures adopted thereunder. Each contract Contract governing a relationship with a trust or wealth management customer of FIBK Company or any of its Subsidiaries has been duly and validly executed and delivered by FIBK Company and each Subsidiary and, to the knowledge Knowledge of FIBKCompany, the other contracting parties, each such contract Contract constitutes a valid and binding obligation of the parties thereto, except as such enforceability may be limited by (i) the Enforceability Exceptionseffect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other Laws affecting or relating to the rights of creditors generally or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law, and FIBK Company and its Subsidiaries and, to the knowledge of FIBK, and the other contracting parties thereto, thereto have duly performed in all material respects their obligations thereunder, thereunder and FIBK Company and its Subsidiaries and, to the knowledge Knowledge of FIBKCompany, such other contracting parties are person is in material compliance with each of the terms thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (SCBT Financial Corp)

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Customer Relationships. (a) Each trust or wealth management customer of FIBK the Company or any of its Subsidiaries has been in all material respects originated and serviced (i) in conformity with the applicable policies of FIBK the Company and its Subsidiaries, (ii) in accordance with the terms of any applicable contract Contract governing the relationship with such customer, (iii) in accordance with any instructions received from such customers and their authorized representatives and authorized signers, (iv) consistent with each customer’s risk profile and (v) in compliance with all applicable laws Laws and FIBKthe Company’s and its Subsidiaries’ constituent documents, including any policies and procedures adopted thereunder. Each contract Contract governing a relationship with a trust or wealth management customer of FIBK the Company or any of its Subsidiaries has been duly and validly executed and delivered by FIBK the Company and each Subsidiary and, to the knowledge Knowledge of FIBKthe Company, the other contracting parties, each such contract Contract constitutes a valid and binding obligation of the parties thereto, except as such enforceability may be limited by (x) the Enforceability Exceptionseffect of bankruptcy, insolvency, fraudulent transfer, reorganization, receivership, conservatorship, arrangement, moratorium or other Laws affecting or relating to the rights of creditors generally or (y) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless whether considered in a proceeding in equity or at law, and FIBK the Company and its Subsidiaries and, to the knowledge of FIBK, and the other contracting parties thereto, thereto have duly performed in all material respects their obligations thereunder, and FIBK the Company and its Subsidiaries and, to the knowledge Knowledge of FIBKthe Company, such other contracting parties are in material compliance with each of the terms thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Southeastern Bank Financial CORP)

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