Insider Loans. Acquiror has previously provided SCB with a listing, current as of March 31, 1997, of all extensions of credit made to Acquiror's executive officers and directors and their related interests (all as defined under FRB Regulation "O"), all of which have been made in compliance with Regulation O, which listing is true, correct and complete in all material respects.
Appears in 2 contracts
Samples: Merger Agreement (Sc Bancorp), Merger Agreement (Monarch Bancorp)
Insider Loans. Acquiror SCB has previously provided SCB Acquiror with a listing, current as of March 31, 1997, of all extensions of credit made to AcquirorSCB's and SC Bank's executive officers and directors and their related interests (all as defined under FRB Regulation "O"), all of which have been made in compliance with Regulation O, which listing is true, correct and complete in all material respects.
Appears in 2 contracts
Samples: Merger Agreement (Monarch Bancorp), Merger Agreement (Sc Bancorp)
