Common use of Compliance with Certain Laws Clause in Contracts

Compliance with Certain Laws. The Deposit Accounts and the Cash Reserve Lines of Credit were opened, extended or made, and have been maintained, in accordance with all applicable federal and state laws, regulations, rules and orders, and the Branches have been operated in compliance with Seller's policies and procedures and all applicable federal and state laws, regulations, rules and orders, except for such instances of noncompliance which do not have, and are not reasonably likely to have, a Seller Material Adverse Effect.

Appears in 5 contracts

Samples: Purchase and Assumption Agreement (First Bancorp /Nc/), Purchase and Assumption Agreement (Sun Bancorp Inc /Nj/), Purchase and Assumption Agreement (Hubco Inc)

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Compliance with Certain Laws. The Deposit Accounts and the Cash Reserve Lines of Credit were opened, extended or made, and have been maintained, in accordance with all applicable federal and state laws, regulations, rules and orders, and the Branches Financial Centers have been operated in compliance with the Seller's policies and procedures and all applicable federal and state laws, regulations, rules and orders, except for such instances of noncompliance which do not have, and are not reasonably likely to have, a Seller Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (R&g Financial Corp)

Compliance with Certain Laws. The Deposit Accounts and the Cash Reserve Lines of Credit were opened, extended or made, and have been maintained, in accordance with all applicable federal and state laws, regulations, rules and orders, and the Branches have Branch has been operated in compliance with Seller's policies and procedures and all applicable federal and state laws, regulations, rules and orders, except for such instances of noncompliance which do not have, and are not reasonably likely to have, a Seller Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First Bancorp /Nc/)

Compliance with Certain Laws. The Deposit Accounts and the Cash Reserve Lines of Credit were opened, extended or made, and have been maintained, in accordance with all applicable federal federal, state and state local laws, regulations, rules and orders, and the Branches have been operated in compliance with Seller's policies and procedures and all applicable federal federal, state and state local laws, regulations, rules and orders, except for such instances of noncompliance which do not have, and are not reasonably likely to have, a Seller Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Capital City Bank Group Inc)

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Compliance with Certain Laws. The Deposit Accounts and the Instant Cash Reserve Lines of Credit Loans were opened, extended or made, and have been maintained, in accordance with all applicable federal federal, state and state local laws, regulations, rules and orders, and the Branches have been operated in compliance with Seller's policies and procedures and all applicable federal and state and local laws, regulations, rules and orders, except for such instances of noncompliance which do not have, and are not reasonably likely to have, a Seller Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Capital City Bank Group Inc)

Compliance with Certain Laws. The Deposit Accounts and the Cash Reserve Lines of Credit were opened, extended or made, and have been maintained, in accordance with all applicable federal and state laws, regulations, rules rules, and orders, and the Branches have been operated in compliance with Seller's policies and procedures and all applicable federal and state laws, regulations, rules rules, and orders, except for such instances of noncompliance which do have not havehad, and are not reasonably likely to have, a Seller Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First State Corp /Ga/)

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