Changes in Business Practices. Except as may be required by their respective Regulatory Authorities, or otherwise as shall be required by applicable law, regulation or this Agreement, none of the 1st Financial Companies will (i) change in any material respect the nature of their business or the manner in which they conduct their business, (ii) discontinue any material portion or line of their business, or (iii) change in any material respect their lending, deposit, investment, asset-liability management or other material banking or business policies.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (1st Financial Services CORP), Merger Agreement (1st Financial Services CORP)
Changes in Business Practices. Except as may be required by their respective Regulatory Authorities, or otherwise as shall be required by applicable law, regulation or this Agreement, none of the 1st Financial Companies will will
(i) change in any material respect the nature of their business or the manner in which they conduct their business, ,
(ii) discontinue any material portion or line of their business, or (iii) change in any material respect their lending, deposit, investment, asset-liability management or other material banking or business policies.
Appears in 1 contract
Sources: Merger Agreement