Insider Loans. SCB has previously provided Acquiror with a listing, current as of March 31, 1997, of all extensions of credit made to SCB'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: Agreement and Plan of Reorganization (Monarch Bancorp), Agreement and Plan of Reorganization (Sc Bancorp)
Insider Loans. SCB Acquiror has previously provided Acquiror SCB with a listing, current as of March 31, 1997, of all extensions of credit made to SCB's and SC BankAcquiror'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: Agreement and Plan of Reorganization (Sc Bancorp), Agreement and Plan of Reorganization (Monarch Bancorp)
