Common use of No Prohibition by Regulators Clause in Contracts

No Prohibition by Regulators. Company has not received notice, nor is it aware, of any order, action, suit, proceeding, or proclamation of any entity having regulatory authority over it or its business operations, including any Governmental Agency, that would preclude or would be violated by Company’s entering into the Transaction Documents and delivery of the Subordinated Notes.

Appears in 3 contracts

Samples: Subordinated Note Purchase Agreement (First Bancshares Inc /MS/), Subordinated Note Purchase Agreement (First Bancshares Inc /MS/), Subordinated Note Purchase Agreement (Franklin Financial Network Inc.)

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No Prohibition by Regulators. The Company has not received notice, nor is it aware, of any order, action, suit, proceeding, proceeding or proclamation of any entity having regulatory authority over it or its business operations, including any Governmental Agency, that would preclude the actions contemplated by this Agreement (including the use of proceeds described in Section 2.8) or would be violated by the Company’s entering entry into the Transaction Documents this Agreement and delivery of the Subordinated Notes.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (CNB Financial Corp/Pa)

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No Prohibition by Regulators. Company has not received notice, nor is it aware, of any order, action, suit, proceeding, proceeding or proclamation of any entity having regulatory authority over it or its business operations, including any Governmental Agency, that would preclude the actions contemplated by this Agreement or would be violated by Company’s entering entry into the Transaction Documents this Agreement and delivery of the Subordinated Notes.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Citizens Financial Services Inc)

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