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No attorney representing Buyer or any of its Subsidiaries, whether or not employed by Buyer or any of its Subsidiaries, has reported evidence of a material violation of Securities Laws, breach of fiduciary duty or similar violation by Buyer or any of its officers, directors or employees to the board of directors of Buyer or any of its Subsidiaries or any committee thereof, or, to the Knowledge of Buyer, to any director or officer of Buyer or any of its Subsidiaries. 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Except as set forth in Section 3.6(c) of the Company Disclosure Schedule, neither Company, nor any employee, auditor, accountant or representative of Company, has received or otherwise had or obtained Knowledge of any complaint, allegation, assertion or claim, whether written or oral, regarding the adequacy of such systems and processes or the accuracy or integrity of Company\u2019s financial statements. To Company\u2019s Knowledge, there has been no instance of fraud by Liberty Bank, exceeding $50,000 in the aggregate, that occurred during any period covered by the Call Reports.", "samples": [{"hash": "1B8qsqgODOF", "uri": "/contracts/1B8qsqgODOF#systems-and-processes", "label": "Merger Agreement (Home Bancshares Inc)", "score": 24.4852848053, "published": true}], "size": 5, "hash": "7fb5d1dcba30b0932a000a4dc0140c6b", "id": 2}, {"snippet_links": [{"key": "southwest-bank", "type": "definition", "offset": [22, 36]}, {"key": "in-place", "type": "definition", "offset": [42, 50]}, {"key": "financial-institution", "type": "definition", "offset": [109, 130]}, {"key": "reasonable-assurances", "type": "clause", "offset": [212, 233]}, {"key": "in-a-timely-manner", "type": "definition", "offset": [326, 344]}, {"key": "principal-executive-officer", "type": "definition", "offset": [406, 433]}, {"key": "principal-financial-officer", "type": "clause", "offset": [438, 465]}, {"key": "type-of-information", "type": "clause", "offset": [470, 489]}, {"key": "required-to-be-disclosed", "type": "clause", "offset": [504, 528]}, {"key": "regulatory-authority", "type": "definition", "offset": [641, 661]}, {"key": "since-december", "type": "clause", "offset": [663, 677]}, {"key": "any-employee", "type": "clause", "offset": [756, 768]}, {"key": "knowledge-of", "type": "definition", "offset": [874, 886]}, {"key": "integrity-of", "type": "clause", "offset": [1031, 1043]}, {"key": "southwest-financial-statements", "type": "definition", "offset": [1044, 1074]}, {"key": "call-reports", "type": "definition", "offset": [1076, 1088]}, {"key": "the-accounting", "type": "clause", "offset": [1092, 1106]}, {"key": "with-respect-to", "type": "clause", "offset": [1178, 1193]}, {"key": "loan-loss-reserves", "type": "clause", "offset": [1194, 1212]}, {"key": "southwest-subsidiary", "type": "definition", "offset": [1273, 1293]}, {"key": "internal-accounting-controls", "type": "clause", "offset": [1314, 1342]}, {"key": "engaged-in", "type": "definition", "offset": [1446, 1456]}, {"key": "employed-by", "type": "definition", "offset": [1582, 1593]}, {"key": "evidence-of", "type": "definition", "offset": [1645, 1656]}, {"key": "material-violation", "type": "definition", "offset": [1659, 1677]}, {"key": "securities-laws", "type": "clause", "offset": [1681, 1696]}, {"key": "breach-of-fiduciary-duty", "type": "definition", "offset": [1698, 1722]}, {"key": "the-board-of-directors", "type": "clause", "offset": [1807, 1829]}, {"key": "director-or-officer", "type": "definition", "offset": [1878, 1897]}, {"key": "not-material", "type": "clause", "offset": [2010, 2022]}, {"key": "covered-by", "type": "definition", "offset": [2056, 2066]}], "snippet": "Each of Southwest and Southwest Bank have in place sufficient systems and processes that are customary for a financial institution of the size of Southwest and Southwest Bank and that are designed to (i) provide reasonable assurances regarding the reliability of Southwest\u2019s and Southwest Bank\u2019s Financial Statements and (ii) in a timely manner accumulate and communicate to Southwest and Southwest Bank\u2019s principal executive officer and principal financial officer the type of information that would be required to be disclosed in Southwest\u2019s and Southwest Bank\u2019s financial statements or any report or filing to be filed or provided to any Regulatory Authority. Since December 31, 2012, neither Southwest nor Southwest Bank nor, to Southwest\u2019s Knowledge, any employee, auditor, accountant or representative of any Southwest Entity has received or otherwise had or obtained knowledge of any complaint, allegation, assertion or claim, whether written or oral, regarding the adequacy of such systems and processes or the accuracy or integrity of Southwest Financial Statements, Call Reports or the accounting or auditing practices, procedures, methodologies or methods (including with respect to loan loss reserves, write-downs, charge-offs and accruals) of Southwest or any Southwest Subsidiary or their respective internal accounting controls, including any complaint, allegation, assertion or claim that Southwest or any of its Subsidiaries has engaged in questionable accounting or auditing practices. No attorney representing Southwest or any of its Subsidiaries, whether or not employed by Southwest or any of its Subsidiaries, has reported evidence of a material violation of Securities Laws, breach of fiduciary duty or similar violation by Southwest or any of its officers, directors or employees to the board of directors of Southwest or any committee thereof or to any director or officer of Southwest. To Southwest\u2019s Knowledge, there has been no instance of fraud by any Southwest Entity, whether or not material, that occurred during any period covered by Southwest Financial Statements.", "samples": [{"hash": "eqcJB9urA9m", "uri": "/contracts/eqcJB9urA9m#systems-and-processes", "label": "Agreement and Plan of Merger (Simmons First National Corp)", "score": 28.597536087, "published": true}, {"hash": "hjbZFzpBSd3", "uri": "/contracts/hjbZFzpBSd3#systems-and-processes", "label": "Merger Agreement (Southwest Bancorp Inc)", "score": 27.9541416168, "published": true}, {"hash": "fWpkePKrm6r", "uri": "/contracts/fWpkePKrm6r#systems-and-processes", "label": "Merger Agreement (Southwest Bancorp Inc)", "score": 27.9514026642, "published": true}], "size": 4, "hash": "632cefec3b4c73fb88375bae80810116", "id": 3}, {"snippet_links": [{"key": "in-place", "type": "definition", "offset": [71, 79]}, {"key": "disclosure-controls-and-procedures", "type": "clause", "offset": [80, 114]}, {"key": "the-exchange-act", "type": "definition", "offset": [148, 164]}, {"key": "to-ensure", "type": "clause", "offset": [201, 210]}, {"key": "all-material-information", "type": "clause", "offset": [216, 240]}, {"key": "required-to-be-disclosed", "type": "clause", "offset": [276, 300]}, {"key": "sec-reports", "type": "definition", "offset": [327, 338]}, {"key": "time-periods", "type": "definition", "offset": [398, 410]}, {"key": "the-rules", "type": "clause", "offset": [424, 433]}, {"key": "the-sec", "type": "definition", "offset": [447, 454]}, {"key": "such-information", "type": "definition", "offset": [465, 481]}, {"key": "the-chief-executive-officer", "type": "clause", "offset": [517, 544]}, {"key": "chief-financial-officer", "type": "clause", "offset": [546, 569]}, {"key": "management-of", "type": "clause", "offset": [600, 613]}, {"key": "timely-decisions", "type": "clause", "offset": [646, 662]}, {"key": "required-disclosure", "type": "definition", "offset": [673, 692]}, {"key": "required-by", "type": "definition", "offset": [794, 805]}, {"key": "with-respect-to", "type": "clause", "offset": [814, 829]}, {"key": "system-of-internal-accounting-controls", "type": "clause", "offset": [927, 965]}, {"key": "to-provide", "type": "clause", "offset": [977, 987]}, {"key": "reasonable-assurances", "type": "clause", "offset": [988, 1009]}, {"key": "preparation-of-financial-statements", "type": "clause", "offset": [1067, 1102]}, {"key": "external-purposes", "type": "definition", "offset": [1107, 1124]}, {"key": "in-accordance-with", "type": "clause", "offset": [1125, 1143]}, {"key": "based-on", "type": "clause", "offset": [1173, 1181]}, {"key": "most-recent", "type": "definition", "offset": [1186, 1197]}, {"key": "prior-to-the", "type": "clause", "offset": [1209, 1221]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [1222, 1244]}, {"key": "audit-committee-of-the-board-of-directors", "type": "clause", "offset": [1284, 1325]}, {"key": "significant-deficiencies", "type": "clause", "offset": [1346, 1370]}, {"key": "material-weaknesses", "type": "clause", "offset": [1375, 1394]}, {"key": "the-design", "type": "clause", "offset": [1398, 1408]}, {"key": "operation-of", "type": "definition", "offset": [1412, 1424]}, {"key": "internal-control-over-financial-reporting", "type": "definition", "offset": [1425, 1466]}, {"key": "reasonably-likely", "type": "definition", "offset": [1532, 1549]}, {"key": "adversely-affect", "type": "definition", "offset": [1553, 1569]}, {"key": "ability-to", "type": "definition", "offset": [1580, 1590]}, {"key": "financial-information", "type": "definition", "offset": [1639, 1660]}, {"key": "knowledge-of", "type": "definition", "offset": [1677, 1689]}, {"key": "employees-who", "type": "clause", "offset": [1778, 1791]}, {"key": "each-case", "type": "definition", "offset": [1875, 1884]}, {"key": "not-material", "type": "clause", "offset": [1897, 1909]}, {"key": "covered-by", "type": "definition", "offset": [1946, 1956]}, {"key": "malvern-financial-statements", "type": "definition", "offset": [1961, 1989]}], "snippet": "Since September 30, 2021, Malvern and each of its Subsidiaries has had in place disclosure controls and procedures (as defined in Rule 13a-15(e) of the Exchange Act) reasonably designed and maintained to ensure that all material information (both financial and non-financial) required to be disclosed by Malvern in the Malvern SEC Reports is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the SEC, and that such information is accumulated and communicated to the chief executive officer, chief financial officer or other members of executive management of Malvern as appropriate to allow timely decisions regarding required disclosure and to make the certifications of the chief executive officer and chief financial officer of Malvern required by the SEC with respect to such reports. Since September 30, 2021, Malvern and its Subsidiaries have devised and maintain a system of internal accounting controls sufficient to provide reasonable assurances regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with GAAP. Malvern has disclosed, based on its most recent evaluation prior to the date of this Agreement, to Malvern\u2019s outside auditors and the audit committee of the board of directors of Malvern, (i) any significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that would be reasonably likely to adversely affect \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2019s ability to accurately record, process summarize and report financial information and (ii) to the Knowledge of Malvern, any fraud by any Malvern Entity or any fraud that involves management or other employees who have a significant role in Malvern\u2019s internal control over financial reporting, in each case, whether or not material and that occurred during any period covered by the Malvern Financial Statements.", "samples": [{"hash": "dD3atK1tkVv", "uri": "/contracts/dD3atK1tkVv#systems-and-processes", "label": "Merger Agreement (Malvern Bancorp, Inc.)", "score": 32.5386734009, "published": true}, {"hash": "c1j2Mi15p5w", "uri": "/contracts/c1j2Mi15p5w#systems-and-processes", "label": "Merger Agreement (Malvern Bancorp, Inc.)", "score": 31.9500350952, "published": true}, {"hash": "1z8CN9l1Bm", "uri": "/contracts/1z8CN9l1Bm#systems-and-processes", "label": "Merger Agreement (Malvern Bancorp, Inc.)", "score": 31.9500350952, "published": true}], "size": 4, "hash": "d3af301ca6ef43a4d98b65be73a0bd90", "id": 4}, {"snippet_links": [{"key": "information-technology", "type": "definition", "offset": [46, 68]}, {"key": "technical-requirements", "type": "definition", "offset": [143, 165]}, {"key": "the-schedules", "type": "definition", "offset": [169, 182]}, {"key": "reasonably-necessary", "type": "clause", "offset": [218, 238]}, {"key": "the-services", "type": "definition", "offset": [257, 269]}, {"key": "and-security", "type": "clause", "offset": [291, 303]}, {"key": "the-technical", "type": "clause", "offset": [345, 358]}, {"key": "it-systems", "type": "definition", "offset": [419, 429]}, {"key": "subject-to-the", "type": "definition", "offset": [516, 530]}, {"key": "additional-scope", "type": "definition", "offset": [531, 547]}], "snippet": "User will maintain, at its cost, its relevant information technology (\u201cIT\u201d) systems, applications and interfaces as reasonably required in all technical requirements in the Schedules or otherwise provided by GHX or as reasonably necessary to integrate with the Services. 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First Bank and its Subsidiaries have devised and maintain a system of internal accounting controls sufficient to provide reasonable assurances regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with GAAP. First Bank has disclosed, based on its most recent evaluation prior to the date of this Agreement, to First Bank\u2019s outside auditors and the audit committee of the board of directors of First Bank, (i) any significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting that would be reasonably likely to adversely affect First Bank\u2019s ability to accurately record, process summarize and report financial information and (ii) to the Knowledge of First Bank, any fraud that involves management or other employees who have a significant role in First Bank\u2019s internal control over financial reporting, whether or not material and that occurred during any period covered by First Bank\u2019s Financial Statements.", "samples": [{"hash": "dD3atK1tkVv", "uri": "/contracts/dD3atK1tkVv#systems-and-processes", "label": "Merger Agreement (Malvern Bancorp, Inc.)", "score": 32.5386734009, "published": true}, {"hash": "c1j2Mi15p5w", "uri": "/contracts/c1j2Mi15p5w#systems-and-processes", "label": "Merger Agreement (Malvern Bancorp, Inc.)", "score": 31.9500350952, "published": true}, {"hash": "1z8CN9l1Bm", "uri": "/contracts/1z8CN9l1Bm#systems-and-processes", "label": "Merger Agreement (Malvern Bancorp, Inc.)", "score": 31.9500350952, "published": true}], "size": 3, "hash": "ff062019963bd19b27adc08841af0f67", "id": 6}, {"snippet_links": [{"key": "in-place", "type": "definition", "offset": [14, 22]}, {"key": "bank-of", "type": "definition", "offset": [81, 88]}, {"key": "reasonable-assurances", "type": "clause", "offset": [149, 170]}, {"key": "of-purchaser", "type": "clause", "offset": [197, 209]}, {"key": "financial-statements", "type": "clause", "offset": [212, 232]}, {"key": "in-a-timely-manner", "type": "definition", "offset": [241, 259]}, {"key": "to-purchaser", "type": "definition", "offset": [287, 299]}, {"key": "principal-executive-officer", "type": "definition", "offset": [302, 329]}, {"key": "principal-financial-officer", "type": "clause", "offset": [334, 361]}, {"key": "type-of-information", "type": "clause", "offset": [366, 385]}, {"key": "required-to-be-disclosed", "type": "clause", "offset": [400, 424]}, {"key": "any-employee", "type": "clause", "offset": [485, 497]}, {"key": "knowledge-of", "type": "definition", "offset": [593, 605]}, {"key": "integrity-of", "type": "clause", "offset": [750, 762]}], "snippet": "Purchaser has in place sufficient systems and processes that are customary for a bank of the size of Centennial and that are designed to (x) provide reasonable assurances regarding the reliability of Purchaser\u2019s financial statements and (y) in a timely manner accumulate and communicate to Purchaser\u2019s principal executive officer and principal financial officer the type of information that would be required to be disclosed in Purchaser\u2019s financial statements. 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(iii) access to such Assets is permitted only in accordance with management\u2019s authorization, and (iv) the reporting of such Assets is compared with existing Assets at regular intervals. The records, systems, controls, data and information of First Texas and the First Texas Entities are recorded, stored, maintained and operated under means (including any electronic, mechanical or photographic process, whether computerized or not) that are under the exclusive ownership and direct control of First Texas or the First Texas Subsidiaries or accountants (including all means of access thereto and therefrom), except for any non-exclusive ownership and non-direct control that would not reasonably be likely to have, either individually or in the aggregate, a Material Adverse Effect on First Texas. First Texas and Southwest Bank have disclosed, based on their most recent evaluation prior to the date of this Agreement, to their auditors and the audit committee of their respective boards of directors (A) any significant deficiencies in the design or operation of internal controls which could adversely affect in any material respect their ability to record, process, summarize or report financial data and have disclosed to their auditors any material weaknesses in internal controls and (B) any fraud, whether or not material, that involves management or other employees who have a significant role in their internal controls. Since December 31, 2012, neither First Texas nor Southwest Bank nor, to First Texas\u2019 Knowledge, any employee, auditor, accountant or representative of any First Texas Entity has received or otherwise had or obtained knowledge of any complaint, allegation, assertion or claim, whether written or oral, regarding the adequacy of such systems and processes or the accuracy or integrity of First Texas Financial Statements, Call Reports or the accounting or auditing practices, procedures, methodologies or methods (including with respect to loan loss reserves, write-downs, charge-offs and accruals) of First Texas or any First Texas Subsidiary or their respective internal accounting controls, including any complaint, allegation, assertion or claim that First Texas or any of its Subsidiaries has engaged in questionable accounting or auditing practices. No attorney representing First Texas or any of its Subsidiaries, whether or not employed by First Texas or any of its Subsidiaries, has reported evidence of a material violation of Securities Laws, breach of fiduciary duty or similar violation by First Texas or any of its officers, directors or employees to the board of directors of First Texas or any committee thereof or to any director or officer of First Texas. 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It typically outlines expectations for the use, maintenance, and security of information technology, data management, or workflow processes relevant to the contract's subject matter. For example, it may require a service provider to implement specific software, follow certain data protection protocols, or maintain documented procedures for handling client requests. The core function of this clause is to ensure consistency, reliability, and compliance in the way services are delivered or obligations are fulfilled, thereby reducing operational risks and misunderstandings."}, "json": true, "cursor": ""}}