Common use of FORCE AND EFFECT OF AGREEMENT Clause in Contracts

FORCE AND EFFECT OF AGREEMENT. (1) This Agreement shall be construed to be a “written agreement entered into with the agency” within the meaning of 12 U.S.C. § 1818(b)(1). (2) This Agreement shall be construed to be a “written agreement between such depository institution and such agency” within the meaning of 12 U.S.C. § 1818(e)(1) and 12 U.S.C. § 1818(i)(2). (3) This Agreement shall be construed to be a “formal written agreement” within the meaning of 12 C.F.R. § 5.51(c)(6)(ii). See 12 U.S.C. § 1831i. (4) This Agreement shall be construed to constitute a written agreement, order or directive within the meaning of 12 C.F.R. § 6.4(b)(iv) (2002). (5) All reports the Bank is required to submit to the Office of the Comptroller of the Currency (the “OCC”) pursuant to this Agreement, shall be submitted to: Xxxxxx X. Xxxxxxx Director, Special Supervision Office of the Comptroller of the Currency 000 X Xxxxxx, XX Xxxx Xxxx 0-0 Xxxxxxxxxx, XX 00000 000-000-0000 000-000-0000 (fax)

Appears in 2 contracts

Samples: Compliance Agreement, Compliance Agreement

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FORCE AND EFFECT OF AGREEMENT. (1) This Agreement shall be construed to be a "written agreement entered into with the agency" within the meaning of 12 U.S.C. § 1818(b)(1). (2) This Agreement shall be construed to be a "written agreement between such depository institution and such agency" within the meaning of 12 U.S.C. § 1818(e)(1) and 12 U.S.C. § 1818(i)(2). (3) This Agreement shall be construed to be a “formal written agreement” within the meaning of 12 C.F.R. § 5.51(c)(6)(ii). See 12 U.S.C. § 1831i. (4) This Agreement shall not be construed to constitute a written agreement, order or directive within the meaning of 12 C.F.R. § 6.4(b)(iv) (20022001). (5) All reports or plans the Bank is or Board are required to submit to the Office of the Comptroller of the Currency (the “OCC”) pursuant to this Agreement, Agreement shall be submitted to: Xxxxxx X. Xxxxxxx Director, Special Supervision Office of the Comptroller of the Currency 000 X Xxxxxx, XX Xxxx Xxxx 0-0 Xxxxxxxxxx, XX 00000 000-000-0000 000-000-0000 (fax):

Appears in 1 contract

Samples: Banking Agreement

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FORCE AND EFFECT OF AGREEMENT. (1) This Agreement shall be construed to be a "written agreement entered into with the agency" within the meaning of 12 U.S.C. § U.S.C.ss. 1818(b)(1). (2) This Agreement shall be construed to be a “tx xx x "written agreement between such depository institution and such agency" within the meaning of 12 U.S.C. § U.S.C.ss. 1818(e)(1) and 12 U.S.C. § 1818(i)(2U.S.C.ss.1818(i)(2). (3) This Agreement shall Agrxxxxxx xhall be construed to be a "formal written agreement" within the meaning of 12 C.F.R. § 5.51(c)(6)(iiC.F.R.ss.5.51(c)(6)(ii). See 12 U.S.C. § ss. 1831i. (4) This Agreement shall not be construed to constitute a written agreement, order or directive within the meaning of 12 C.F.R. § C.F.R.ss. 6.4(b)(iv) (20022001). (5) All reports or plans the Bank is xx Xxxxd are required to submit to the Office of the Comptroller of the Currency (the "OCC") pursuant to this Agreement, Agreement shall be submitted to: Xxxxxx X. Xxxxxxx Director, Special Supervision Office of the Comptroller of the Currency 000 X Xxxxxx, XX Xxxx Xxxx 0-0 Xxxxxxxxxx, XX 00000 000-000-0000 000-000-0000 (fax):

Appears in 1 contract

Samples: Banking Agreement (Providian Financial Corp)

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