Common use of Prohibited Payments Clause in Contracts

Prohibited Payments. Notwithstanding anything in this Agreement to the contrary, if any payment made under this Agreement is a “golden parachute payment” as defined in Section 28(k) of the Federal Deposit Insurance Act (12 U.S.C. section 1828(k) and Part 359 of the Rules and Regulations of the Federal Deposit Insurance Corporation (collectively, the “FDIC Rules”) or is otherwise prohibited, restricted or subject to the prior approval of a Bank Regulator, no payment shall be made hereunder without complying with said FDIC Rules.

Prohibited Payments. Notwithstanding anything in this Agreement to the contrarycontrary (and in particular in section 1.8 or section 3 hereof), if any payment made under this Agreement is a “"golden parachute payment” " as defined in Section 28(k) of the Federal Deposit Insurance Act (12 U.S.C. section 1828(k) and Part 359 of the Rules and Regulations of the Federal Deposit Insurance Corporation (collectively, the “"FDIC Rules”") or is otherwise prohibited, restricted or subject to the prior approval of a Bank RegulatorRegulator (as defined in section 1.13 (d) herein), no payment shall be made hereunder without complying with said FDIC Rules.

Prohibited Payments. Notwithstanding anything in this Agreement to the contrarycontrary (and in particular in section 1.8 or section 3 hereof), if any payment made under this Agreement is a “"golden parachute payment” " as defined in Section 28(k) of the Federal Deposit Insurance Act (12 U.S.C. section 1828(k) and Part 359 of the Rules and Regulations of the Federal Deposit Insurance Corporation (collectively, the “"FDIC Rules”") or is otherwise prohibited, restricted or subject to the prior approval of a Bank RegulatorRegulator (as defined in section 1.14 (d) herein), no payment shall be made hereunder without complying with said FDIC Rules.

Prohibited Payments. Notwithstanding anything in this Agreement to the contrary, if any payment made under this Agreement is a “golden parachute payment” as defined in Section 28(k) of the Federal Deposit Insurance Act (12 U.S.C. section 1828(kSection l828(k) and Part 359 of the Rules and Regulations of the Federal Deposit Insurance Corporation (collectively, the “FDIC FDlC Rules”) or or· is otherwise prohibited, restricted or subject to the prior approval of a Bank Regulatorbanking regulator, no payment shall be made hereunder without complying with said FDIC Rules.

Prohibited Payments. Notwithstanding anything in this Agreement to the contrary, if any payment made under this Agreement is a “golden parachute payment” as defined in Section 28(k18(k) of the Federal Deposit Insurance Act (12 U.S.C. section 1828(k) and Part 359 of the Rules and Regulations of the Federal Deposit Insurance Corporation (collectively, the “FDIC Rules”) or is otherwise prohibited, restricted or subject to the prior approval of a Bank Regulatorbank regulator, no payment shall be made hereunder without complying with said FDIC Rules.

Prohibited Payments. Notwithstanding anything in this Agreement to the contrarycontrary (and in particular in subparagraphs 1.8 or 3 hereof), if any payment made under this Agreement is a “golden parachute payment” as defined in Section 28(k) of the Federal Deposit Insurance Act (12 U.S.C. section 1828(k) and Part 359 of the Rules and Regulations of the Federal Deposit Insurance Corporation (collectively, the “FDIC Rules”) or is otherwise prohibited, restricted or subject to the prior approval of a Bank Regulator, then no payment shall be made hereunder without complying with said FDIC Rules.

Prohibited Payments. Notwithstanding anything in this Agreement to the contrarycontrary (and in particular in section 1.8 or section 3 hereof), if any payment made under this Agreement is a “golden parachute payment” as defined in Section 28(k) of the Federal Deposit Insurance Act (12 U.S.C. section 1828(k) and Part 359 of the Rules and Regulations of the Federal Deposit Insurance Corporation (collectively, the “FDIC Rules”) or is otherwise prohibited, restricted or subject to the prior approval of a Bank RegulatorRegulator (as defined in section 1.14 (d) herein), no payment shall be made hereunder without complying with said FDIC Rules.

Prohibited Payments. Notwithstanding anything in this Agreement to the contrarycontrary (and in particular in Section 1.9 or section 3 hereof), if any payment made under this Agreement is a “"golden parachute payment” " as defined in Section 28(k) of the Federal Deposit Insurance Act (12 U.S.C. section 1828(k) and Part 359 of the Rules and Regulations of the Federal Deposit Insurance Corporation (collectively, the “"FDIC Rules”") or is otherwise prohibited, restricted or subject to the prior approval of a Bank RegulatorRegulator (as defined in section 1.13 (d) herein), no payment shall be made hereunder without complying with said FDIC Rules.

Prohibited Payments. Notwithstanding anything in this Agreement to the contrary, if any payment made under this Agreement is a “golden parachute payment” as defined in Section 28(k) of the Federal Deposit Insurance Act (12 U.S.C. section Section 1828(k) and Part 359 of the Rules and Regulations of the Federal Deposit Insurance Corporation (collectively, the “FDIC Rules”) or is otherwise prohibited, restricted or subject to the prior approval of a Bank Regulatorbanking regulator, no payment shall be made hereunder without complying with said FDIC Rules.

Prohibited Payments. Notwithstanding anything in this Agreement to the contrary, if any payment made under this Agreement is a “"golden parachute payment” " as defined in Section 28(k) of the Federal Deposit Insurance Act (12 U.S.C. section 1828(k) and Part 359 of the Rules and Regulations of the Federal Deposit Insurance Corporation (collectively, the “"FDIC Rules”") or is otherwise prohibited, restricted or subject to the prior approval of a Bank Regulator, no payment shall be made hereunder without complying with said FDIC Rules.

Prohibited Payments. Notwithstanding anything in this Agreement to the contrarycontrary (and in particular in subparagraphs 1.8 or 3 hereof), if any payment made under this Agreement is a “golden parachute payment” as defined in Section 28(k) of the Federal Deposit Insurance Act (12 U.S.C. section 1828(k) and Part 359 .359 of the Rules and of Regulations of the Federal Deposit Insurance Corporation (collectively, the “FDIC Rules”) or is otherwise prohibited, restricted or subject to the prior approval of a Bank Regulatorbank regulator, then no payment shall be made hereunder without complying with said FDIC Rules.

Prohibited Payments. Notwithstanding anything in this Agreement to the contrarycontrary (and in particular in subparagraphs 1.8 or 3 hereof), if any payment made under this Agreement is a “"golden parachute payment” " as defined in Section 28(k) of the Federal Deposit Insurance Act (12 U.S.C. section 1828(k) and Part 359 .359 of the Rules and of Regulations of the Federal Deposit Insurance Corporation (collectively, the “"FDIC Rules”") or is otherwise prohibited, restricted or subject to the prior approval of a Bank Regulatorbank regulator, then no payment shall be made hereunder without complying with said FDIC Rules.