Common use of Litigation; Regulatory Action Clause in Contracts

Litigation; Regulatory Action. (i) No material litigation, claim or other proceeding before any court or governmental agency is pending against Sky or any of its Subsidiaries and, to Sky’s knowledge, no such litigation, claim or other proceeding has been threatened. (ii) Neither Sky nor any of its Subsidiaries or properties is a party to or is subject to any order, decree, agreement, memorandum of understanding or similar arrangement with, or a commitment letter or similar submission to, or extraordinary supervisory letter from a Regulatory Authority, nor has Sky or any of its Subsidiaries been advised by a Regulatory Authority that such agency is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum of understanding, commitment letter, supervisory letter or similar submission.

Litigation; Regulatory Action. (i) No material litigation, claim or other proceeding before any court or governmental agency Governmental Authority is pending against Sky United or any of its Subsidiaries and, to Sky’s the best of United's knowledge, no such litigation, claim or other proceeding has been threatened. (ii) Neither Sky United nor any of its Subsidiaries or properties is a party to or is subject to any order, decree, agreement, memorandum of understanding or similar arrangement with, or a commitment letter or similar submission to, or extraordinary supervisory letter from a Regulatory Authority, nor has Sky United or any of its Subsidiaries been advised by a Regulatory Authority that such agency is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum of understanding, commitment letter, supervisory letter or similar submission.

Litigation; Regulatory Action. (i) No material litigation, claim or other proceeding before any court or governmental agency Governmental Authority is pending against Sky Mutual First or any of its Subsidiaries and, to Sky’s Mutual First's knowledge, no such litigation, claim or other proceeding has been threatened. (ii) Neither Sky Mutual First nor any of its Subsidiaries or properties is a party to or is subject to any order, decree, agreement, memorandum of understanding or similar arrangement with, or a commitment letter or similar submission to, or extraordinary supervisory letter from a Regulatory Authority, nor has Sky Mutual First or any of its Subsidiaries been advised by a Regulatory Authority that such agency is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum of understanding, commitment letter, supervisory letter or similar submission.

Litigation; Regulatory Action. (i) No material litigation, claim or other proceeding before any court or governmental agency is pending against Sky Parent or any of its Subsidiaries and, to Sky’s Parent's knowledge, no such litigation, claim or other proceeding has been threatened. (ii) Neither Sky Parent nor any of its Subsidiaries or properties is a party to or is subject to any order, decree, agreement, memorandum of understanding or similar arrangement with, or a commitment letter or similar submission to, or extraordinary supervisory letter from a Regulatory Authority, nor has Sky Parent or any of its Subsidiaries been advised by a Regulatory Authority that such agency is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum of understanding, commitment letter, supervisory letter or similar submission.

Litigation; Regulatory Action. (i) No material litigation, claim or other proceeding before any court or governmental agency Governmental Authority is pending against Sky COFI or any of its Subsidiaries and, to Sky’s COFI's knowledge, no such litigation, claim or other proceeding has been threatened. (ii) Neither Sky COFI nor any of its Subsidiaries or properties is a party to or is subject to any order, decree, agreement, memorandum of understanding or similar arrangement with, or a commitment letter or similar submission to, or extraordinary supervisory letter from a Regulatory Authority, nor has Sky COFI or any of its Subsidiaries been advised by a Regulatory Authority that such agency is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum of understanding, commitment letterletter or extraordinary, supervisory letter or similar submissionletter.

Litigation; Regulatory Action. (i) No material litigation, claim or other proceeding before any court or governmental agency Governmental Authority is pending against Sky COFI or any of its Subsidiaries and, to Sky’s COFI's knowledge, no such litigation, claim or other proceeding has been threatened. (ii) Neither Sky COFI nor any of its Subsidiaries or properties is a party to or is subject to any order, decree, agreement, memorandum of understanding or similar arrangement with, or a commitment letter or similar submission to, or extraordinary supervisory letter from a Regulatory Authority, nor has Sky COFI or any of its Subsidiaries been advised by a Regulatory Authority that such agency is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum of understanding, commitment letter, supervisory letter or similar submission.