Regulatory Enforcement. Except as disclosed in the Time of Sale Disclosure Package and the Prospectus or as would not reasonably be expected to have a Material Adverse Effect, since January 1, 2011, the Company and its subsidiaries have not had any product or manufacturing site (whether Company-owned, Company subsidiary-owned or that of a contract manufacturer for Company product candidates) subject to a governmental authority (including the FDA) shutdown or import or export prohibition, nor received any FDA Form 483 or other governmental authority notice of inspectional observations, “warning letters,” “untitled letters,” requests to make changes to the Company product candidates, processes or operations, or similar correspondence or notice from the FDA or other governmental authority alleging or asserting material noncompliance with any applicable Healthcare Laws. To the Company’s knowledge, neither the FDA nor any other governmental authority is considering such action.
Regulatory Enforcement. CAMCO is not subject to, nor has it received any notice or advice that it is not in substantial compliance with any statute or regulation, or that it is or may become subject to, any order, agreement or memorandum of understanding of any federal or state agency charged with the supervision or regulation of savings banks, savings associations or holding companies of savings banks or savings associations or engaged in the insurance of deposits or any other governmental agency having supervisory or regulatory authority with respect to CAMCO, and CAMCO has received no notice from any governmental agency threatening to revoke any license, franchise, permit or governmental authority.
Regulatory Enforcement. Neither Pledgor nor any of its subsidiaries is the subject of any pending or, to Pledgor’s or any of its subsidiaries knowledge, threatened, regulatory enforcement action, proceeding or investigation; and
Regulatory Enforcement. Neither WHFC nor the BANK is subject to, or has received any notice or advice that it is or may become subject to, any order, agreement or memorandum of understanding of any federal or state agency charged with the supervision or regulation of banks or savings banks or engaged in the insurance of deposits or any other governmental agency having supervisory or regulatory authority with respect to WHFC or the BANK; neither WHFC nor the BANK has received any notice or advice that it is not in substantial compliance with any statute or regulation, except where failure to comply would not have a material adverse effect upon WHFC and the BANK taken as a whole; and WHFC and the BANK have received no notice from any governmental authority threatening to revoke any license, franchise, permit or governmental authorization.
Regulatory Enforcement. A new Section 6.13 is hereby added to the Amended Agreement, as follows:
Regulatory Enforcement. Neither Borrower nor any of its Material Subsidiaries shall be subject to any enforcement action by any regulatory body that are unrelated in cause or nature to the National Bank of Geneva Formal Agreement or the Bath National Bank Formal Agreement, both of which Formal Agreements were entered into in September 2003 with the Office of the Comptroller of the Currency.”
Regulatory Enforcement. (i) Civil Fines and Civil Penalties The Insurer will pay civil fines and civil penalties assessed against any Insured Person which an Insured Person is legally liable to pay pursuant to any Claim, but only where there has been no determination of intentional, grossly negligent or deliberate breach of the law by the Insured Person.
Regulatory Enforcement. Except for such actions that may be in effect on or before the Closing Date, provided, that such action has been disclosed to Lender in writing, the FRB, the FDIC, the IDFPR, the WDFI or other governmental agency charged with the regulation of bank holding companies or depository institutions (a) issues to Borrower or any Depository Institution Subsidiary a consent order or similar regulatory order (in each case with respect to a material matter), the assessment of material civil monetary penalties, articles of agreement effecting a material restriction in the payment of dividends or the payment of indebtedness, a memorandum of understanding setting forth a material restriction or directive, a material capital directive, a material capital restoration plan, restrictions that prevent or as a practical matter materially impair the payment of dividends by the Depository Institution Subsidiary or the payments of any Debt by Borrower, restrictions that make the payment of the dividends by the Depository Institution Subsidiary or the payment of Debt by Borrower subject to prior regulatory approval, a notice or finding under Section 8(a) of the FDI Act, or any similar enforcement action, measure or proceeding; or (b) proposes or issues to any executive officer or director of Borrower or any Depository Institution Subsidiary, or initiates any action, suit or proceeding to obtain against, impose on or require from any such officer or director, a consent order or similar regulatory order, a removal order or suspension order or the assessment of civil monetary penalties.
Regulatory Enforcement. LEADER is not subject to, nor has it received any notice or advice that it is or may become subject to, any order, agreement or memorandum of understanding of any federal or state agency having supervisory or regulatory authority with respect to LEADER. LEADER has not received any notice or advice that it is not in compliance with any statute or regulation. LEADER has received no notice from any governmental authority or any INVESTOR threatening to revoke any license, franchise, permit or governmental authorization.
Regulatory Enforcement. Neither FDFC nor FIRST FEDERAL is subject to, nor has it received any notice or advice that it is or may become subject to, any order, agreement or memorandum of understanding of any federal or state agency having supervisory or regulatory authority with respect to FDFC or FIRST FEDERAL. Neither FDFC nor FIRST FEDERAL has received any notice or advice that it is not in compliance with any statute or regulation. Neither FDFC nor FIRST FEDERAL has received notice from any governmental authority threatening to revoke any license, franchise, permit or governmental authorization.
