Obstacles to Regulatory Approval Sample Clauses

Obstacles to Regulatory Approval. To the Knowledge of FCB, as of the date of this Agreement, no fact or condition (including without limitation FCB's record of compliance with the Community Reinvestment Act) pertaining to FCB or its business exists that may reasonably be expected to prevent or materially impede or delay FCB from obtaining all approvals of Regulatory Authorities required in order to consummate the transactions described in this Agreement.
AutoNDA by SimpleDocs
Obstacles to Regulatory Approval. To the Knowledge of 1st Financial, as of the date of this Agreement, there exists no fact or condition (including without limitation Mountain 1st's record of compliance with the Community Reinvestment Act) pertaining to any of the 1st Financial Companies or their business or operations that may reasonably be expected to prevent or materially impede or delay 1st Financial, Mountain 1st or FCB from obtaining all approvals of Regulatory Authorities required in order to consummate the transactions described in this Agreement.
Obstacles to Regulatory Approval. To the Best Knowledge of MFC, no fact or condition (including without limitation MountainBank's record of compliance with the Community Reinvestment Act) exists that may reasonably be expected to prevent or materially impede or delay MFC or CNB from obtaining the regulatory approvals required in order to consummate the transactions described in this Agreement; and, if any such fact or condition becomes known to the executive officers of MFC, MFC promptly (and in any event within three days after obtaining such Knowledge) shall communicate such fact or condition to the Chairman, President and Chief Executive Officer of CNB.
Obstacles to Regulatory Approval. To the Best Knowledge of FCB, no fact or condition (including without limitation FCB’s record of compliance with the Community Reinvestment Act) exists that may reasonably be expected to prevent or materially impede or delay FCB, Bancorp or the SFC Companies from obtaining all approvals of Regulatory Authorities required in order to consummate the transactions described in this Agreement; and, if any such fact or condition becomes known to FCB or Bancorp, it shall promptly (and in any event within three days after obtaining such Knowledge) give notice of such fact or condition to SFC in the manner provided herein.
Obstacles to Regulatory Approval. To the best knowledge of management of FNB, there exists no facts or condition relating to FNB that may reasonably be expected to prevent or materially impede or delay the parties hereto from obtaining the Requisite Regulatory Approvals; and, if any such fact or condition becomes known to FNB, FNB shall promptly (and in any event within three (3) days after obtaining such knowledge) give notice of such fact or condition to LSB in the manner provided herein.
Obstacles to Regulatory Approval. To the Best Knowledge of CNB, there exists no fact or condition (including without limitation Community's record of compliance with the Community Reinvestment Act) that may reasonably be expected to prevent or materially impede or delay MFC or CNB from obtaining the regulatory approvals required in order to consummate the transactions described in this Agreement; and if any such fact or condition becomes known to CNB, CNB shall promptly (and in any event within three days after obtaining such Knowledge) give notice of such fact or condition to MFC in the manner provided herein.
Obstacles to Regulatory Approval. To the best of the knowledge and belief of the executive officers of Uwharrie, no fact or condition relating to Uwharrie (including Uwharrie's record of compliance with the Community Reinvestment Act) exists that may reasonably be expected to prevent or materially impede or delay Uwharrie or Anson from obtaining the regulatory approvals required in order to consummate the transactions described herein, and, if any such fact or condition becomes known to the executive officers of Uwharrie, it promptly (and in any event within three days after obtaining such knowledge) shall communicate such fact or condition to the President of Anson.
AutoNDA by SimpleDocs
Obstacles to Regulatory Approval. Management of Mutual is not aware of any fact or condition (including Mutual’s record of compliance with the Community Reinvestment Act) relating to Mutual that may reasonably be expected to prevent or materially impede or delay Bancorp, M&F Bank or Mutual from obtaining the regulatory approvals required in order to consummate the transactions described in this Agreement; and, if any such fact or condition becomes known to Mutual, Mutual shall promptly (and in any event within three (3) days after obtaining such knowledge) give notice of such fact or condition to Bancorp in the manner provided herein.
Obstacles to Regulatory Approval. To the Best Knowledge of SFC, there exists no fact or condition (including without limitation SNB’s record of compliance with the Community Reinvestment Act) that may reasonably be expected to prevent or materially impede or delay any of the SFC Companies or FCB from obtaining all approvals of Regulatory Authorities required in order to consummate the transactions described in this Agreement; and, if any such fact or condition becomes known to SFC or SNB, it shall promptly (and in any event within three days after obtaining such Knowledge) give notice of such fact or condition to FCB in the manner provided herein. 3.30.
Obstacles to Regulatory Approval. To the Best Knowledge of Cardinal, there exists no fact or condition (including without limitation Xxxxx'x record of compliance with the Community Reinvestment Act) that may reasonably be expected to prevent or materially impede or delay MFC or Cardinal from obtaining the regulatory approvals required in order to consummate the transactions described in this Agreement; and if any such fact or condition becomes known to Cardinal, Cardinal shall promptly (and in any event within three days after obtaining such Knowledge) give notice of such fact or condition to MFC in the manner provided herein.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!