Common use of Changes in Business Practices Clause in Contracts

Changes in Business Practices. Except as may be required by the FDIC, the Commissioner or any other governmental or other regulatory agency or as shall be required by applicable law, regulation or this Agreement, (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section 4.1(b) above and Section 6.9 below).

Appears in 3 contracts

Samples: Agreement and Plan of Merger (United Financial Inc), Agreement and Plan of Merger (FNB Corp/Nc), Agreement and Plan of Reorganization and Merger (Crescent Financial Corp)

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Changes in Business Practices. Except as may be required by the FDIC, the Commissioner or Administrator, any other governmental or other regulatory agency agency, or as shall be required by applicable law, regulation or this Agreement, neither Anson nor the Bank will (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business business, or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section 4.1(b) above and Section 6.9 belowParagraph 4.01.d. above).

Appears in 2 contracts

Samples: Agreement and Plan (Anson Bancorp Inc), 2 Agreement and Plan (Uwharrie Capital Corp)

Changes in Business Practices. Except as may be required by the ----------------------------- FDIC, the Commissioner Administrator or any other governmental or other regulatory agency or as shall be required by applicable law, regulation or this Agreement, (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section 4.1(b) above and Section 6.9 below).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Carolina Fincorp Inc)

Changes in Business Practices. Except as may be required by the FDIC, the Commissioner SCBFI or any other governmental or other regulatory agency or as shall be required by applicable law, regulation or this Agreement, (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section 4.1(b) 4.1 above and Section 6.9 6.8 below).

Appears in 1 contract

Samples: Agreement and Plan of Reorganization and Merger (Waccamaw Bankshares Inc)

Changes in Business Practices. Except as may be required by the ----------------------------- FDIC, the Commissioner or any other governmental or other regulatory agency or as shall be required by applicable law, regulation or this Agreement, (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section 4.1(b) above and Section 6.9 below).

Appears in 1 contract

Samples: Agreement and Plan of Merger (FNB Corp/Nc)

Changes in Business Practices. Except as may be required by the FDIC, the Commissioner Commissioner, the Federal Reserve or any other governmental or other regulatory agency having jurisdiction over PARA or Target Bank or as shall be required by applicable law, law or regulation or this Agreement, (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business or (iii) change iii)change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section 4.1(b) above Sections 4.1 and Section 6.9 below6.8).. 41

Appears in 1 contract

Samples: Option Cancellation Agreement (Select Bancorp, Inc.)

Changes in Business Practices. Except as may be required by the FDIC, the Commissioner OCC or any other governmental or other regulatory agency or as shall be required by applicable law, regulation or this Agreement, (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section 4.1(b) above and Section 6.9 below).

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Community Bancorp)

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Changes in Business Practices. Except as may be required by the FDIC, the Commissioner Administrator or any other governmental or other regulatory agency or as shall be required by applicable law, regulation or this Agreement, (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section Sections 4.1(b) above and Section 6.9 below4.1(e) above).

Appears in 1 contract

Samples: Agreement and Plan of Reorganization and Merger (FNB Corp/Nc)

Changes in Business Practices. Except as may be required by the FDICCommissioner, the Commissioner FDIC or any other governmental or other regulatory agency Regulatory Authority, or as shall be required by applicable law, regulation or this Agreement, neither Xxxxxxxx nor Xxxxxxxx Investment will (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business business, or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section 4.1(b) above and Section 6.9 below)policies.

Appears in 1 contract

Samples: Agreement and Plan Of (Bank of the Carolinas CORP)

Changes in Business Practices. Except as may be required by the FDIC, the Commissioner Commissioner, the Federal Reserve or any other governmental or other regulatory agency having jurisdiction over Select or Select Bank or as shall be required by applicable law, law or regulation or this Agreement, (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section 4.1(b) above Sections 4.1 and Section 6.9 below6.8).

Appears in 1 contract

Samples: Agreement and Plan of Merger (New Century Bancorp Inc)

Changes in Business Practices. Except as may be required by the FDIC, the Commissioner Administrator or any other governmental or other regulatory agency or as shall be required by applicable law, regulation or this Agreement, (i) change in any material respect the nature of its business or the manner in which it conducts its business, (ii) discontinue any material portion or line of its business or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies (except to the extent required by Section 4.1(b) above and Section 6.9 below).

Appears in 1 contract

Samples: Agreement and Plan of Merger (FNB Corp/Nc)

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