Common use of Regulatory Approval of this Agreement Clause in Contracts

Regulatory Approval of this Agreement. The Parties acknowledge and agree that entry into this Agreement is and payment of severance under paragraph 5 may be subject to receipt of approval from the FRB pursuant to Section 1828(k) and Part 359 of the FDIC Rules and Regulations, the FDIC and the CDBO. If such approval is required but not obtained or if such approval is conditioned upon modifications specified by the FRB, the FDIC or the CDBO the Parties agree to negotiate in good faith to amend this Agreement to provide for substantially equivalent terms consistent with regulatory requirements.

Regulatory Approval of this Agreement. The Parties acknowledge and agree that entry into this Agreement is and payment of severance under paragraph 5 may be subject to receipt of approval from the FRB pursuant to Section 1828(k) and Part 359 of the FDIC Rules and Regulations, the FDIC Regulations and the CDBOCDFI. If such approval is required but not obtained or if such approval is conditioned upon subject to modifications specified by the FRB, the FDIC FRB or the CDBO CDFI the Parties agree to negotiate in good faith to amend this Agreement to provide for substantially equivalent terms consistent with regulatory requirements.

Regulatory Approval of this Agreement. The Parties acknowledge and agree that entry into this Agreement is and payment of severance under paragraph 5 may be subject to receipt of approval from the FRB pursuant to Section 1828(k) and Part 359 of the FDIC Rules and Regulations, the FDIC and the CDBO. If such approval is required but not obtained or if such approval is conditioned upon subject to modifications specified by the FRB, the FDIC or the CDBO the Parties agree to negotiate in good faith to amend this Agreement to provide for substantially equivalent terms consistent with regulatory requirements.

Regulatory Approval of this Agreement. The Parties acknowledge and agree that entry into this Agreement is and payment of severance under paragraph Section 5 may be subject to receipt of approval from the FRB pursuant to Section 1828(k) and Part 359 of the FDIC Rules and Regulations, the FDIC Regulations and the CDBOCDFI. If such approval is required but and not obtained or if such approval is conditioned upon subject to modifications specified by the FRB, the FDIC FRB or the CDBO CDFI the Parties agree to negotiate in good faith to amend this Agreement to provide for substantially equivalent terms consistent with regulatory requirements.