Compliance with Permits, Laws and Orders. (i) Each of the Carolina Financial Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and to the Knowledge of Carolina Financial, there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses.
Appears in 5 contracts
Samples: Agreement and Plan of Merger and Reorganization (Carolina Financial Corp), Agreement and Plan of Merger and Reorganization (Carolina Trust BancShares, Inc.), Employment Agreement (Carolina Financial Corp)
Compliance with Permits, Laws and Orders. (i) Each of the Carolina Financial Trust Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and to the Knowledge of Carolina FinancialTrust, there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses.
Appears in 2 contracts
Samples: Agreement and Plan of Merger and Reorganization (Carolina Trust BancShares, Inc.), Agreement and Plan of Merger and Reorganization (Carolina Financial Corp)
