Common use of No Banking Moratorium Clause in Contracts

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.

Appears in 8 contracts

Samples: Agreement and Plan of Reorganization (Umpqua Holdings Corp), Agreement and Plan of Reorganization (North Bay Bancorp/Ca), Agreement and Plan of Reorganization (Umpqua Holdings Corp)

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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.. Regulatory Approvals. Procurement of all consents, orders and approvals required by law, and the satisfaction of all other necessary or appropriate legal

Appears in 2 contracts

Samples: Plan of Merger (VRB Bancorp), Plan of Merger (VRB Bancorp)

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