Common use of Agreements with Regulatory Agencies Clause in Contracts

Agreements with Regulatory Agencies. Neither BANC ONE nor any of its Subsidiaries is subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or has been since January 1, 1996, a recipient of any supervisory letter from, or since January 1, 1996, has adopted any board resolutions at the request of any Regulatory Agency or other Governmental Entity that currently restricts in any material respect the conduct of its business or that in any material manner relates to its capital adequacy, its credit policies, its management or its business (each, whether or not set forth in the BANC ONE Disclosure Schedule, a "BANC ONE Regulatory Agreement"), nor has BANC ONE or any of its Subsidiaries been advised since January 1, 1996, by any Regulatory Agency or other Governmental Entity that it is considering issuing or requesting any such Regulatory Agreement.

Agreements with Regulatory Agencies. Neither BANC ONE FCN nor any of its Subsidiaries is subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or has been since January 1, 1996, a recipient of any supervisory letter from, or since January 1, 1996, has adopted any board resolutions at the request of any Regulatory Agency or other Governmental Entity that currently restricts in any material respect the conduct of its business or that in any material manner relates to its capital adequacy, its credit policies, its management or its business (each, whether or not set forth in the BANC ONE FCN Disclosure Schedule, a an "BANC ONE FCN Regulatory Agreement"), nor has BANC ONE FCN or any of its Subsidiaries been advised since January 1, 1996, by any Regulatory Agency or other Governmental Entity that it is considering issuing or requesting any such Regulatory Agreement.

Agreements with Regulatory Agencies. Neither BANC ONE CCB nor any of its Subsidiaries is subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or has been since January 1, 19961997, a recipient of any supervisory letter from, or since January 1, 19961997, has adopted any board resolutions at the request of any Regulatory Agency or other Governmental Entity that currently restricts in any material respect the conduct of its business or that in any material manner relates to its capital adequacy, its credit policies, its management or its business (each, whether or not set forth in the BANC ONE CCB Disclosure Schedule, a "BANC ONE CCB Regulatory Agreement"), nor has BANC ONE CCB or any of its Subsidiaries been advised since January 1, 19961997, by any Regulatory Agency or other Governmental Entity that it is considering issuing or requesting any such Regulatory Agreement.

Agreements with Regulatory Agencies. Neither BANC ONE NCBC nor any of its Subsidiaries is subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or has been since January 1, 19961997, a recipient of any supervisory letter from, or since January 1, 19961997, has adopted any board resolutions at the request of any Regulatory Agency or other Governmental Entity that currently restricts in any material respect the conduct of its business or that in any material manner relates to its capital adequacy, its credit policies, its management or its business (each, whether or not set forth in the BANC ONE NCBC Disclosure Schedule, a an "BANC ONE NCBC Regulatory Agreement"), nor has BANC ONE NCBC or any of its Subsidiaries been advised since January 1, 19961997, by any Regulatory Agency or other Governmental Entity that it is considering issuing or requesting any such Regulatory Agreement.

Agreements with Regulatory Agencies. Neither BANC ONE Norwest nor any of its Subsidiaries is subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or has been since January 1, 1996, a recipient of any supervisory letter from, or since January 1, 1996, has adopted any board resolutions at the request of any Regulatory Agency or other Governmental Entity that currently restricts in any material respect the conduct of its business or that in any material manner relates to its capital adequacy, its credit policies, its management or its business (each, whether or not set forth in the BANC ONE Norwest Disclosure Schedule, a "BANC ONE Norwest Regulatory Agreement"), nor has BANC ONE Norwest or any of its Subsidiaries been advised since January 1, 1996, by any Regulatory Agency or other Governmental Entity that it is considering issuing or requesting any such Regulatory Agreement.

Agreements with Regulatory Agencies. Neither BANC ONE Professionals Group nor any of its Subsidiaries is subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or has been since January 1, 19961993, a recipient of any supervisory letter from, or since January 1, 19961993, has adopted any board resolutions at the request of any Regulatory Agency or other Governmental Entity that currently restricts in any material respect the conduct of its business or that in any material manner relates to its capital adequacy, its credit policies, its management or its business (each, whether or not set forth in the BANC ONE Professionals Group Disclosure Schedule, a "BANC ONE Professionals Group Regulatory Agreement"), nor has BANC ONE Professionals Group or any of its Subsidiaries been advised since January 1, 19961993, by any Regulatory Agency or other Governmental Entity that it is considering issuing or requesting any such Professionals Group Regulatory Agreement.

Agreements with Regulatory Agencies. Neither BANC ONE Pinnacle nor any of its Subsidiaries is subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or has been since January 1, 19961994, a recipient of any supervisory letter from, or since January 1, 19961994, has adopted any board resolutions at the request of any Regulatory Agency or other Governmental Entity that currently restricts in any material respect the conduct of its business or that in any material manner relates to its capital adequacy, its credit policies, its management or its business (each, whether or not set forth in the BANC ONE Pinnacle Disclosure Schedule, a "BANC ONE Pinnacle Regulatory Agreement"), nor has BANC ONE Pinnacle or any of its Subsidiaries been advised since January 1, 19961994, by any Regulatory Agency or other Governmental Entity that it is considering issuing or requesting any such Regulatory Agreement.

Agreements with Regulatory Agencies. Neither BANC ONE Firstar nor any of its Subsidiaries is subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or has been since January 1, 19961997, a recipient of any supervisory letter from, or since January 1, 19961997, has adopted any board resolutions at the request of any Regulatory Agency or other Governmental Entity that currently restricts in any material respect the conduct of its business or that in any material manner relates to its capital adequacy, its credit policies, its management or its business (each, whether or not set forth in the BANC ONE Firstar Disclosure Schedule, a "BANC ONE Firstar Regulatory Agreement"), nor has BANC ONE Firstar or any of its Subsidiaries been advised since January 1, 19961997, by any Regulatory Agency or other Governmental Entity that it is considering issuing or requesting any such Regulatory Agreement.

Agreements with Regulatory Agencies. Neither BANC ONE NBD nor any of its Subsidiaries is subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or has been since January 1, 19961993, a recipient of any supervisory letter from, or since January 1, 19961993, has adopted any board resolutions at the request of any Regulatory Agency or other Governmental Entity that currently restricts in any material respect the conduct of its business or that in any material manner relates to its capital adequacy, its credit policies, its management or its business (each, whether or not set forth in the BANC ONE NBD Disclosure Schedule, a an "BANC ONE NBD Regulatory Agreement"), nor has BANC ONE NBD or any of its Subsidiaries been advised since January 1, 19961993, by any Regulatory Agency or other Governmental Entity that it is considering issuing or requesting any such Regulatory Agreement.. 3.16

Agreements with Regulatory Agencies. Neither BANC ONE CB nor any of its Subsidiaries is subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or has been since January 1, 19961994, a recipient of any supervisory letter from, or since January 1, 19961994, has adopted any board resolutions at the request of any Regulatory Agency or other Governmental Entity that currently restricts in any material respect the conduct of its business or that in any material manner relates to its capital adequacy, its credit policies, its management or its business (each, whether or not set forth in the BANC ONE CB Disclosure Schedule, a "BANC ONE CB Regulatory Agreement"), nor has BANC ONE CB or any of its Subsidiaries been advised since January 1, 19961994, by any Regulatory Agency or other Governmental Entity that it is considering issuing or requesting any such Regulatory Agreement.

Agreements with Regulatory Agencies. Neither BANC ONE IFC nor any of its Subsidiaries is subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or has been since January 1, 19961994, a recipient of any supervisory letter from, or since January 1, 19961994, has adopted any board resolutions at the request of any Regulatory Agency or other Governmental Entity that currently restricts in any material respect the conduct of its business or that in any material manner relates to its capital adequacy, its credit policies, its management or its business (each, whether or not set forth in the BANC ONE IFC Disclosure Schedule, a an "BANC ONE IFC Regulatory Agreement"), nor has BANC ONE IFC or any of its Subsidiaries been advised since January 1, 19961994, by any Regulatory Agency or other Governmental Entity that it is considering issuing or requesting any such Regulatory Agreement.