No Banking Moratorium. Absence of a banking moratorium or other suspension of payment by banks in the United States or any new material limitation on extension of credit by commercial banks in the United States.
No Banking Moratorium. There shall exist no banking moratorium or other suspension of payment by banks in the United States or the Republic of Italy or any new material limitation on extension of credit generally applicable to commercial banks in either nation.
No Banking Moratorium. Absence of a banking moratorium or other suspension of payment by banks in the United States or any new limitation on extension of credit by commercial banks in the United States. Regulatory Approvals. Procurement of all consents, orders and approvals required by law, and the satisfaction of all other necessary or appropriate legal requirements, including but not limited to approvals by the FDIC and the Oregon Director of the transaction contemplated by this Plan of Merger and the expiration of all regulatory waiting periods.
