Common use of Litigation; Regulatory Action Clause in Contracts

Litigation; Regulatory Action. Except as Previously Disclosed in Schedule 5.2(L) no litigation, proceeding or controversy before any court or governmental agency is pending that, individually or in the aggregate, is reasonably likely to have a Material Adverse Effect on Cascade or its Subsidiaries or that alleges claims under any fair lending law or other law relating to discrimination, including the Equal Credit Opportunity Act, the Fair Housing Act, the Community Reinvestment Act and the Home Mortgage Disclosure Act, and, to Cascade's Knowledge, no such litigation, proceeding or controversy has been threatened; and except as Previously Disclosed in Schedule 5.2(L), neither Cascade nor any of its Subsidiaries is subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or is a recipient of any extraordinary supervisory letter from, or has adopted any board resolutions at the request of (each, whether or not set forth on Schedule 5.2(L), a "Regulatory Agreement"), any Regulatory Authority that restricts the conduct of its business or that in any manner related to its capital adequacy, its credit policies, its management or its business, nor has Cascade or any of its Subsidiaries been advised by any Regulatory Authority that is considering issuing or requesting any Regulatory Agreement.

Litigation; Regulatory Action. Except as Previously Disclosed disclosed in Schedule 5.2(L4.2(M) and except for foreclosures or collection matters initiated by HBI or its Subsidiaries in the ordinary and usual course of business, no litigation, proceeding or controversy before any court or governmental agency is pending thatpending, individually to HBI's Knowledge, or in the aggregatethreatened against HBI or any of its Subsidiaries, is reasonably likely to have a Material Adverse Effect on Cascade including, without limitation, any litigation, proceedings, or its Subsidiaries or controversies that alleges allege claims under any fair lending law or other law relating to discrimination, including the Equal Credit Opportunity Act, the Fair Housing Act, the Community Reinvestment Act and the Home Mortgage Disclosure Act, or allege claims under any fair credit reporting laws or laws for the protection of non-public personal information, including the Fair Credit Reporting Act, the ▇▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act, and the Fair and Accurate Credit Transaction Act, and, to Cascade's its Knowledge, no such litigation, proceeding or controversy has been been, to HBI's Knowledge, threatened; and except as Previously Disclosed disclosed in Schedule 5.2(L4.2(M), neither Cascade HBI nor any of its Subsidiaries is subject to or any cease-and-desist of its or other order issued bytheir Material properties or their officers, directors or Controlling persons is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order order, decree, agreement, memorandum of understanding or directive bysimilar arrangement with, or is a recipient of any extraordinary supervisory commitment letter from, or has adopted any board resolutions at the request of (each, whether or not set forth on Schedule 5.2(L), a "Regulatory Agreement")similar submission to, any Regulatory Authority that restricts the conduct of its business or that in any manner related to its capital adequacyother governmental authority, its credit policies, its management or its business, and neither HBI nor has Cascade or any of its Subsidiaries has been advised by any of such Regulatory Authority Authorities or other governmental authority that such authority is considering contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any Regulatory Agreementsuch order, decree, agreement, memorandum or understanding, commitment letter or similar submission.

Litigation; Regulatory Action. Except as Previously Disclosed disclosed in Schedule 5.2(L) 4.l(M), no litigation, proceeding or controversy before any court or governmental agency is pending thator, individually to CBI’s Knowledge, threatened against CBI or in the aggregateany of its Subsidiaries, is reasonably likely to have a Material Adverse Effect on Cascade including, without limitation, any litigation, proceedings, or its Subsidiaries or controversies that alleges allege claims under any fair lending law or other law relating to discrimination, including the Equal Credit Opportunity Act, the Fair Housing Act, the Community Reinvestment Act and the Home Mortgage Disclosure Act, or allege claims under any fair credit reporting laws or laws for the protection of non-public personal information, including the Fair Credit Reporting Act, and the G▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act, and, to Cascade's its Knowledge, no such litigation, proceeding or controversy has been threatened; and except as Previously Disclosed disclosed in Schedule 5.2(L4.1(M), neither Cascade CBI nor any of its Subsidiaries is subject to or any cease-and-desist of its or other order issued bytheir Material properties or their officers, directors or Controlling persons is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order order, decree, agreement, memorandum of understanding or directive bysimilar arrangement with, or is a recipient of any extraordinary supervisory commitment letter from, or has adopted any board resolutions at the request of (each, whether or not set forth on Schedule 5.2(L), a "Regulatory Agreement")similar submission to, any Regulatory Authority or other governmental authority that restricts the conduct of its business or that in any manner related to its capital adequacy, its credit policies, its management or its business, nor has Cascade would have an adverse effect on CBI or any of its Subsidiaries, and neither CBI nor any of its Subsidiaries has been advised by any of such Regulatory Authority Authorities or other governmental authority that such authority is considering contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any Regulatory Agreementsuch order, decree, agreement, memorandum or understanding, commitment letter or similar submission.

Litigation; Regulatory Action. Except as Previously Disclosed disclosed in Schedule 5.2(L4.1(M) and except for foreclosures or collection matters initiated by TCB or its Subsidiaries in the ordinary and usual course of business, no litigation, proceeding or controversy before any court or governmental agency is pending thator, individually to TCB's Knowledge, threatened against TCB or in the aggregateany of its Subsidiaries, is reasonably likely to have a Material Adverse Effect on Cascade including, without limitation, any litigation, proceedings, or its Subsidiaries or controversies that alleges allege claims under any fair lending law or other law relating to discrimination, including the Equal Credit Opportunity Act, the Fair Housing Act, the Community Reinvestment Act and the Home Mortgage Disclosure Act, or allege claims under any fair credit reporting laws or laws for the protection of non-public personal information, including the Fair Credit Reporting Act, the ▇▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act, and the Fair and Accurate Credit Transaction Act and, to Cascade's its Knowledge, no such litigation, proceeding or controversy has been been, to TCB's Knowledge, threatened; and except as Previously Disclosed disclosed in Schedule 5.2(L4.1(M), neither Cascade TCB nor any of its Subsidiaries is subject to or any cease-and-desist of its or other order issued bytheir Material properties or their officers, directors or Controlling persons is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order order, decree, agreement, memorandum of understanding or directive bysimilar arrangement with, or is a recipient of any extraordinary supervisory commitment letter from, or has adopted any board resolutions at the request of (each, whether or not set forth on Schedule 5.2(L), a "Regulatory Agreement")similar submission to, any Regulatory Authority that restricts the conduct of its business or that in any manner related to its capital adequacyother governmental authority, its credit policies, its management or its business, and neither TCB nor has Cascade or any of its Subsidiaries has been advised by any of such Regulatory Authority Authorities or other governmental authority that such authority is considering contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any Regulatory Agreementsuch order, decree, agreement, memorandum or understanding, commitment letter or similar submission.

Litigation; Regulatory Action. Except as Previously Disclosed in Schedule 5.2(L) 4.01(L), no litigation, proceeding or controversy before any court or governmental agency is pending thatwhich, individually or in the aggregate, is reasonably likely to have a Material Adverse Effect on Cascade the Company or its Subsidiaries or that which alleges claims under any fair lending law or other law relating to discrimination, including including, without limitation, the Truth in Lending Act, the Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Fair Housing Act, the Community Reinvestment Act and the Home Mortgage Disclosure Act, and, to Cascade's Knowledgethe best of its knowledge, no such litigation, proceeding or controversy has been threatened; and except as Previously Disclosed in Schedule 5.2(L4.01(L), neither Cascade it nor any of the Company Subsidiaries or any of its Subsidiaries is subject to any cease-and-desist or other order issued bytheir material properties or their officers, directors or controlling persons is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order order, decree, agreement, memorandum of understanding or directive bysimilar arrangement with, or is a recipient of any extraordinary commitment or supervisory letter or similar submission to or from, any federal or has adopted state governmental agency or authority charged with the supervision or regulation of depository institutions or engaged in the insurance of deposits (together with any board resolutions at and all agencies or departments of federal, state or local government (including, without limitation, the request of FHL Bank, the Federal Reserve Board, the FDIC and any other federal or state bank, thrift or other financial institution, insurance or securities regulatory authorities (eachincluding the SEC, whether or not set forth on Schedule 5.2(L), a the "Regulatory AgreementAuthorities"), any Regulatory Authority that restricts the conduct of its business or that in any manner related to its capital adequacy, its credit policies, its management or its business, ) and neither it nor has Cascade or any of its the Company Subsidiaries has been advised by any of the Regulatory Authority Authorities that any such authority is considering contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any Regulatory Agreementsuch order, decree, agreement, memorandum of understanding, commitment or supervisory letter or similar submission.

Litigation; Regulatory Action. Except as Previously Disclosed disclosed in Schedule 5.2(L) 4.l(M), no litigation, proceeding or controversy before any court or governmental agency is pending thatto the Knowledge of the Sellers or MVBI against MVBI or any of its Subsidiaries, individually including, without limitation, any litigation, proceedings, or in the aggregate, is reasonably likely to have a Material Adverse Effect on Cascade or its Subsidiaries or controversies that alleges allege claims under any fair lending law or other law relating to discrimination, including the Equal Credit Opportunity Act, the Fair Housing Act, the Community Reinvestment Act and the Home Mortgage Disclosure Act, or allege claims under any fair credit reporting laws or laws for the protection of non-public personal information, including the Fair Credit Reporting Act, and the ▇▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act, and, to Cascade's Knowledgethe Knowledge of the Sellers or MVBI, no such litigation, proceeding or controversy has been threatened; and except as Previously Disclosed disclosed in Schedule 5.2(L4.1(M), neither Cascade MVBI nor any of its Subsidiaries is subject to or any cease-and-desist of its or other order issued bytheir Material properties or their officers, directors or Controlling persons is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order order, decree, agreement, memorandum of understanding or directive bysimilar arrangement with, or is a recipient of any extraordinary supervisory commitment letter from, or has adopted any board resolutions at the request of (each, whether or not set forth on Schedule 5.2(L), a "Regulatory Agreement")similar submission to, any Regulatory Authority that restricts the conduct of its business or that in any manner related to its capital adequacyother governmental authority, its credit policies, its management or its business, and neither Sellers nor has Cascade or MVBI nor any of its Subsidiaries has been advised by any of such Regulatory Authority Authorities or other governmental authority that such authority is considering contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any Regulatory Agreementsuch order, decree, agreement, memorandum or understanding, commitment letter or similar submission.

Litigation; Regulatory Action. Except as Previously Disclosed in Schedule 5.2(L) 3.01(L), no litigation, proceeding or controversy before any court or governmental agency is pending thatwhich, individually or in the aggregate, is reasonably likely to have a Material Adverse Effect on Cascade Community or its Subsidiaries or that which alleges claims under any fair lending law or other law relating to discrimination, including including, without limitation, the Equal Credit Opportunity Act, the Fair Housing Act, the Community Reinvestment Act Act, and the Home Mortgage Disclosure Act, and, to Cascade's Knowledgethe best of its knowledge, no such litigation, proceeding or controversy has been threatened; and except as Previously Disclosed in Schedule 5.2(L3.01(L), neither Cascade it nor any of the Community Subsidiaries or any of its Subsidiaries is subject to any cease-and-desist or other order issued bytheir material properties or their officers, directors or controlling persons is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order order, decree, agreement, memorandum of understanding or directive bysimilar arrangement with, or is a recipient commitment letter or similar submission to, any federal or state governmental agency or authority charged with the supervision or regulation of depository institutions or engaged in the insurance of deposits together with any extraordinary supervisory letter fromand all agencies or departments of federal, state or local government (including, without limitation, the FHL Bank, the Federal Reserve Board, the FDIC, the Internal Revenue Service, the Department of Revenue of the State of Idaho, the Securities Exchange Commission and any other federal or state bank, or has adopted any board resolutions at other financial institution, insurance and securities regulatory authorities (the request of (each, whether or not set forth on Schedule 5.2(L), a "Regulatory AgreementAuthorities"), any Regulatory Authority that restricts the conduct of its business or that in any manner related to its capital adequacy, its credit policies, its management or its business, ) and neither it nor has Cascade or any of its the Community Subsidiaries has been advised by any of such Regulatory Authority Authorities that such authority is considering contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any Regulatory Agreementsuch order, decree, agreement, memorandum or understanding, commitment letter or similar submission.