Common use of Regulatory Agreements Clause in Contracts

Regulatory Agreements. Neither the Company nor any of the Subsidiaries is a party to or subject to any order, decree, agreement, memorandum or understanding or similar agreement with, or a commitment letter, supervisory letter or similar submission to, any governmental entity charged with the supervision or regulation of depository institutions or engaged in the insurance of deposits (including the Board of Governors of the Federal Reserve (the “FRB”), the Office of the Comptroller of the Currency (the “OCC”) or the Federal Deposit Insurance Corporation (the “FDIC”)) or the supervision or regulation of it or any of the Subsidiaries, except as would not, singly or in the aggregate, result in a Material Adverse Effect, and neither the Company nor any of the Subsidiaries has been advised by any such governmental entity that such governmental entity is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum or understanding, commitment letter, supervisory letter or similar submission, except as would not, singly or in the aggregate, result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Underwriting Agreement (Access National Corp), Underwriting Agreement (Access National Corp)

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Regulatory Agreements. Neither the Company nor any of the Subsidiaries is a party to or subject to any order, decree, agreement, memorandum or understanding or similar agreement with, or a commitment letter, supervisory letter or similar submission to, any governmental entity charged with the supervision or regulation of depository institutions or engaged in the insurance of deposits (including the Board of Governors of the Federal Reserve (the “FRB”)Reserve, the Office of the Comptroller of the Currency (the “OCC”) or the Federal Deposit Insurance Corporation (the “FDIC”)) or the Bureau of Financial Institutions of Virginia State Corporation Commission (the “BFI”) or the supervision or regulation of it or any of the Subsidiaries, other than as disclosed on Schedule F hereto, except as would not, singly or in the aggregate, result in a Material Adverse Effect, and neither the Company nor any of the Subsidiaries has been advised by any such governmental entity that such governmental entity is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum or understanding, commitment letter, supervisory letter or similar submission, except as would not, singly or in the aggregate, result in a Material Adverse Effect.

Appears in 1 contract

Samples: Underwriting Agreement (Eastern Virginia Bankshares Inc)

Regulatory Agreements. Neither Except as disclosed in the Preliminary Prospectus or the Prospectus, neither the Company nor any of the Subsidiaries is a party to or subject to any order, decree, agreement, memorandum or understanding or similar agreement with, or a commitment letter, supervisory letter or similar submission to, any governmental entity charged with the supervision or regulation of depository institutions or engaged in the insurance of deposits (including the Board Office of Governors of the Federal Reserve Thrift Supervision (the “FRB”), the Office of the Comptroller of the Currency (the “OCCOTS”) or the Federal Deposit Insurance Corporation (the “FDIC”)) or the supervision or regulation of it or any of the Subsidiaries, except as would not, singly or in the aggregate, result in a Material Adverse Effect, and neither the Company nor any of the Subsidiaries has been advised by any such governmental entity that such governmental entity is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum or understanding, commitment letter, supervisory letter or similar submission, except as would not, singly or in the aggregate, result in a Material Adverse Effect.

Appears in 1 contract

Samples: Underwriting Agreement (First Defiance Financial Corp)

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Regulatory Agreements. Neither Except as disclosed in the Preliminary Prospectus or the Prospectus, neither the Company nor any of the Subsidiaries is a party to or subject to any order, decree, agreement, memorandum or of understanding or similar agreement with, or a commitment letter, supervisory letter or similar submission to, any governmental entity charged with the supervision or regulation of depository institutions or engaged in the insurance of deposits (including the Board of Governors of including, without limitation, the Federal Reserve (the “FRB”)Reserve, the Office of FDIC, the Comptroller of OCC and the Currency (the “OCC”) or the Federal Deposit Insurance Corporation (the “FDIC”)DFI) or the supervision or regulation of it or any of the Subsidiaries, except as would not, singly or in the aggregate, result in a Material Adverse Effect, and neither the Company nor any of the Subsidiaries has been advised by any such governmental entity that such governmental entity is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum or of understanding, commitment letter, supervisory letter or similar submission, except as would not, singly or in the aggregate, result in a Material Adverse Effect.

Appears in 1 contract

Samples: Underwriting Agreement (MetroCorp Bancshares, Inc.)

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