GE Policies Sample Clauses
GE Policies. (a) The policies of the Company Group shall not be inconsistent with the policies of GE provided to the Company (the “GE Policies”); provided, however, that in circumstances where a provision of the Company’s Charter or Amended and Restated Bylaws or of any Transaction Document (including, for the avoidance of doubt, this Agreement) and a GE Policy would each apply, the provision in the Company’s Charter or Amended and Restated Bylaws or Transaction Document shall control with respect to the Company Group.
(b) The Company shall take, and shall cause the other members of the Company Group to take, all commercially reasonable actions to cause its and the other members of the Company Group’s compliance policies and procedures to (i) comply with all applicable Laws and (ii) not contravene GE’s The Spirit and the Letter, as amended from time to time; provided that the Company may, with the approval of the Company Board, adopt a new Company code of conduct not inconsistent with GE’s The Spirit and the Letter.
(c) The provisions of this Section 4.6 shall terminate on the Trigger Date.
GE Policies. If a provision of Genworth’s Charter or Amended and Restated Bylaws or of any Transaction Document contradicts a policy of the GE Parties (the “GE Policies”) that applies to Subsidiaries of GE, such provision in Genworth’s Charter or Amended and Restated Bylaws or Transaction Document shall control. In any other case, and except as otherwise agreed or unless superseded by any policies adopted by the board of directors of Genworth, the GE Policies that apply to Subsidiaries of GE shall apply to Genworth and its Subsidiaries until the Trigger Date. The key GE Policies applicable to Genworth and its Subsidiaries as of the Closing Date are listed on Schedule 6.15.
GE Policies. HomeBuyer Now Program; GE Relocation Program
GE Policies. (a) The key GE Policies applicable to the Company and its Subsidiaries as of the Closing Date, and the corresponding policies of GECRB (to the extent applicable), are listed on Schedule 7.13 (the “Scheduled Policies”).
(b) [reserved]
(c) Until Deregistration, (i) the Company and its Subsidiaries shall operate in accordance with its risk appetite statement and shall advise GECC of any proposed change to its risk appetite statement, shall afford GECC a reasonable opportunity to provide comments and advice before adopting any proposed change to such statement, and shall obtain the prior written approval of GECC before adopting any change to such statement that could result in a materially different risk profile for the Company and (ii) each of GECC and the Company will designate a Chief Risk Officer, and each such Chief Risk Officer or his or her designee, on behalf of GECC or the Company, respectively, will regularly consult with and notify the other Party of any material risk-related matters impacting the Company Business, from time to time.
GE Policies. If a provision of Genworth’s Amended and Restated Certificate of Incorporation or Amended and Restated Bylaws or of any Transaction Document contradicts a policy of the GE Parties (the “GE Policies”) that applies to Subsidiaries of GE, such provision in Genworth’s Amended and Restated Certificate of Incorporation or Amended and Restated Bylaws or Transaction Document shall control. In any other case, and except as otherwise agreed or unless superseded by any policies adopted by the board of directors of Genworth, the GE Policies that apply to Subsidiaries of GE shall apply to Genworth and its Subsidiaries until the Trigger Date. The key GE Policies applicable to Genworth and its Subsidiaries as of the Closing Date are listed on Schedule 6.15.
GE Policies. (a) The Company is a savings and loan holding company subject to regulation, supervision and examination by the Board, and GECRB is a federally chartered savings association subject to regulation, supervision and examination by the Office of the Comptroller of the Currency of the U.S. Treasury. Notwithstanding anything contained in this Section 7.13 to the contrary, (i) subject to subparagraph (c)(iv) of this Section 7.13, until Deregistration the policies of the Company and its Subsidiaries shall not be inconsistent with the policies of GE or GECC applicable to the Company and its Subsidiaries (the “GE Policies”), and (ii) in circumstances where a provision of the Company’s Charter or Amended and Restated Bylaws or of any Transaction Document and a GE Policy applicable to Subsidiaries of GE would each apply, the provision in the Company’s Charter or Amended and Restated Bylaws or Transaction Document shall control with respect to the Company and its Subsidiaries. The key GE Policies applicable to the Company and its Subsidiaries as of the Closing Date, and the corresponding policies of GECRB and the Company (to the extent applicable), are listed on Schedule 7.13.
(b) Until Deregistration, (i) the Company and its Subsidiaries shall operate in accordance with its risk appetite statement, (ii) the Company shall advise GECC of any proposed change to its risk appetite statement, shall afford GECC a reasonable opportunity to provide comments and advice before adopting any proposed change to such statement, and shall obtain the prior written approval of GECC before adopting any change to such statement that could result in a materially different risk profile for the Company, and (iii) each of GECC and the Company will designate a Chief Risk Officer, and each such Chief Risk Officer or his or her designee, on behalf of GECC or the Company, respectively, will regularly consult with and notify the other Party of any significant risk-related matters impacting the Company Business, from time to time.
(c) Until Deregistration:
(i) the Company shall take all necessary actions to comply (x) with the policies adopted or authorized by the Company Board (the “Company Policies”) or the GECRB Board (the “GECRB Policies”), as the case may be, or (y) with GE Policies (subject to any exceptions or exemptions previously or subsequently granted by GECC), to the extent that there is no Company Policy or GECRB Policy, as the case may be, corresponding to such GE Policy;
(ii) the Co...
