Changes in Business Practices. Except as may be required by the Virginia Bureau, the OCC, the FDIC, the FRB, or any other Regulatory Authority, or as shall be required by applicable law, regulation or this Agreement, neither CNB nor Community 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, or (iii) change in any material respect its lending, investment, asset-liability management or other material banking or business policies.
Appears in 2 contracts
Sources: Merger Agreement (Mountainbank Financial Corp), Merger Agreement (CNB Holdings Inc)