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, neither First ▇▇▇▇▇▇ nor any First ▇▇▇▇▇▇ Subsidiary 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 (except to the extent required by Paragraph 4.01.C. above).

Appears in 1 contract

Sources: Share Exchange Agreement (Catawba Valley Bancshares Inc)

Changes in Business Practices. Except as may be required by the ----------------------------- FDIC, the Commissioner, the SEC, the Federal Reserve, or any other governmental or other regulatory agency or as shall be required by applicable law, regulation, or this Agreement, neither First ▇▇▇▇▇▇ Catawba nor any First ▇▇▇▇▇▇ Subsidiary Bancshares 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 (except to the extent required by Paragraph 4.01.C. 5.01.C. above).

Appears in 1 contract

Sources: Share Exchange Agreement (Catawba Valley Bancshares Inc)