Regulated Activities. Company shall not itself, nor shall it cause, permit or allow any Subsidiary of Company to engage in any business or activity that, to its knowledge, is not permitted by all applicable laws and regulations.
Appears in 4 contracts
Sources: Subordinated Note Purchase Agreement (Ameriserv Financial Inc /Pa/), Subordinated Note Purchase Agreement (Citizens Financial Services Inc), Subordinated Note Purchase Agreement (Acnb Corp)
Regulated Activities. The Company shall not itself, nor shall it cause, permit or allow the Bank or any Subsidiary other of Company its Subsidiaries to engage in any business or activity that, to its knowledge, is not permitted by all applicable laws and regulations, except where such business or activity would not reasonably be expected to have a Material Adverse Effect on the Company, the Bank and/or such of its Subsidiaries.
Appears in 1 contract
Sources: Subordinated Note Purchase Agreement (Veritex Holdings, Inc.)
Regulated Activities. The Company shall not itself, nor shall it cause, permit or allow any Subsidiary of Company to its subsidiaries to, engage in any business or activity that, to its knowledge, is not permitted by all applicable laws and regulations.
Appears in 1 contract
Sources: Subordinated Note Purchase Agreement (Peoples Financial Services Corp.)
Regulated Activities. The Company shall not itself, nor shall it cause, permit or allow any Subsidiary of the Company to engage in any business or activity that, to its knowledge, is not permitted by all applicable laws and regulations.
Appears in 1 contract
Sources: Subordinated Note Purchase Agreement (HV Bancorp, Inc.)