Common use of No Notices Clause in Contracts

No Notices. Except as disclosed in the NSB Disclosure Schedule, neither NSB nor any NSB Subsidiary has received any notification or communication from any Regulatory Authority (i) asserting that it is not in substantial compliance with any of the statutes, regulations or ordinances which such Regulatory Authority enforces, which noncompliance has or could reasonably be expected to have a Material Adverse Effect on NSB and the NSB Subsidiaries, as a whole, (ii) threatening to revoke any license, franchise, permit or governmental authorization which is material to it, (iii) requiring or threatening to require it, or indicating that it may be required, to enter into a cease and desist order, agreement or memorandum of understanding or any other agreement restricting or limiting, or purporting to restrict or limit in any manner its operations or (iv) directing, restricting or limiting, or purporting to direct, restrict or limit in any manner its operations (any such notice, communication, memorandum, agreement or order described in this sentence shall be referred to herein as a "Regulatory Agreement"). Neither NSB nor any NSB Subsidiary has consented to or entered into any Regulatory Agreement.

No Notices. Except as disclosed in the NSB First Star Disclosure Schedule, neither NSB First Star nor any NSB First Star Subsidiary has received any notification or communication from any Regulatory Authority (i) asserting that it is not in substantial compliance with any of the statutes, regulations or ordinances which such Regulatory Authority enforces, which noncompliance has or could reasonably be expected to have a Material Adverse Effect on NSB First Star and the NSB First Star Subsidiaries, as a whole, (ii) threatening to revoke any license, franchise, permit or governmental authorization which is material to it, (iii) requiring or threatening to require it, or indicating that it may be required, to enter into a cease and desist order, agreement or memorandum of understanding or any other agreement restricting or limiting, or purporting to restrict or limit limit, in any manner its operations or (iv) directing, restricting or limiting, or purporting to direct, restrict or limit in any manner its operations (any such notice, communication, memorandum, agreement or order described in this sentence shall be referred to herein as a "Regulatory Agreement"). Neither NSB First Star nor any NSB First Star Subsidiary has consented to or entered into any Regulatory Agreement.

No Notices. Except as disclosed in the NSB Commonwealth Disclosure Schedule, neither NSB nor any NSB Subsidiary Commonwealth has not received any notification or communication from any Regulatory Authority (i) asserting that it is not in substantial compliance with any of the statutes, regulations or ordinances which such Regulatory Authority enforces, which noncompliance has or could reasonably be expected to have a Material Adverse Effect on NSB Commonwealth and the NSB Subsidiariesits Subsidiary, taken as a whole, (ii) threatening to revoke any license, franchise, permit or governmental authorization which is material to it, (iii) requiring or threatening to require it, or indicating that it may be required, to enter into a cease and desist order, agreement or memorandum of understanding or any other agreement restricting or limiting, or purporting to restrict or limit in any manner its operations or (iv) directing, restricting or limiting, or purporting to direct, restrict or limit in any manner its operations (any such notice, communication, memorandum, agreement or order described in this sentence shall be referred to herein as a "“Regulatory Agreement"”). Neither NSB nor any NSB Subsidiary Except as disclosed in the Commonwealth Disclosure Schedule, Commonwealth has not consented to or entered into any Regulatory Agreement.

No Notices. Except as disclosed in the NSB Elberton Disclosure ScheduleSchedule and with respect to any item disclosure of which is prohibited by law, neither NSB nor any NSB Subsidiary Elberton has not received any notification or communication from any Regulatory Authority (i) asserting that it is not in substantial compliance with any of the statutes, regulations or ordinances which such Regulatory Authority enforces, which noncompliance has or could reasonably be expected to have a Material Adverse Effect on NSB and the NSB Subsidiaries, as a wholeElberton, (ii) threatening to revoke any license, franchise, permit or governmental authorization which is material to it, (iii) requiring or threatening to require it, or indicating that it may be required, to enter into a cease and desist order, agreement or memorandum of understanding or any other agreement restricting or limiting, or purporting to restrict or limit in any manner manner, its operations or (iv) directing, restricting or limiting, or purporting to direct, restrict or limit in any manner manner, its operations (any such notice, communication, memorandum, agreement or order described in this sentence shall be referred to herein as a "“Regulatory Agreement"”). Neither NSB nor any NSB Subsidiary Elberton has not consented to or entered into any Regulatory AgreementAgreement that has not been satisfied and terminated as of the date hereof.