Common use of Regulatory Oversight Clause in Contracts

Regulatory Oversight. (a) All obligations under this Agreement may be terminated except to the extent determined that the continuation of the Agreement is necessary for the continued operation of Parent or Bank by order of any state or federal banking regulatory agency with supervision of the Parent or Bank or any of their affiliates, unless stayed by appropriate proceedings, and neither Parent nor Bank shall be under no obligation to perform any of its obligations hereunder if it is informed in writing by any state or federal banking regulatory agency with supervision of the Parent or Bank or any of their affiliates that performance of its obligations would constitute an unsafe or unsound banking practice.

Regulatory Oversight. (a) All obligations under this Agreement may be terminated terminated, except to the extent determined that the continuation of the Agreement is necessary for the continued operation of Parent or Bank the Company, by order of any state or federal banking regulatory agency with supervision of the Parent or Bank Company or any of their its affiliates, unless stayed by appropriate proceedings, and neither Parent nor Bank the Company shall not be under no any obligation to perform any of its obligations hereunder if it is informed in writing by any state or federal banking regulatory agency with supervision of the Parent or Bank Company or any of their its affiliates that performance of its any of such obligations would constitute an unsafe or unsound banking practice.

Regulatory Oversight. (a) All obligations under this Agreement may be terminated except to the extent determined that the continuation of the Agreement is necessary for the continued operation of Parent or Bank Employer by order of any state or federal banking regulatory agency with supervision of the Parent or Bank Employer or any of their its affiliates, unless stayed by appropriate proceedings, and neither Parent nor Bank Employer shall be under no obligation to perform any of its obligations hereunder if it is informed in writing by any state or federal banking regulatory agency with supervision of the Parent or Bank Employer or any of their its affiliates that performance of its obligations would constitute an unsafe or unsound banking practice.

Regulatory Oversight. (a) All obligations under this Agreement may be terminated except to the extent determined that the continuation of the Agreement is necessary for the continued operation of Parent or the Bank by order of any state or federal banking regulatory agency with supervision of the Parent or Company, the Bank or any of their affiliates, unless stayed by appropriate proceedings, and neither Parent nor the Bank shall not be under no any obligation to perform any of its obligations hereunder if it is informed in writing by any state or federal banking regulatory agency with supervision of the Parent or Company, the Bank or any of their affiliates that performance of its such obligations would constitute an unsafe or unsound banking practice.

Regulatory Oversight. (a) All the obligations under this Agreement may be terminated terminated, except to the extent determined that the continuation of the Agreement is necessary for the continued operation of Parent or Bank the Company, by order of any state or federal banking regulatory agency with supervision of the Parent or Bank Company or any of their its affiliates, unless stayed by appropriate proceedings, and neither Parent nor Bank the Company shall not be under no any obligation to perform any of its obligations hereunder if it is informed in writing by any state or federal banking regulatory agency with supervision of the Parent or Bank Company or any of their its affiliates that performance of its any of such obligations would constitute an unsafe or unsound banking practice.