Examples of FBFC Disclosure Schedule in a sentence
Without limiting the foregoing, FBFC agrees to provide NHTB (i) a copy of each report filed by FBFC with a Governmental Authority within one (1) Business Day following the filing thereof and (ii) monthly updates of the information required to be set forth in FBFC Disclosure Schedule 4.01(v).
Hire any person as an employee of FBFC or promote any employee, except (i) to satisfy contractual obligations existing as of the date hereof and set forth on FBFC Disclosure Schedule 5.01(d) and (ii) persons hired to fill any vacancies arising after the date hereof at an annual salary of less than $50,000 and whose employment is terminable at the will of FBFC, as applicable.
Except for normal examinations conducted by any Governmental Authority in the regular course of the business of FBFC, and except as set forth in FBFC Disclosure Schedule 4.01(k), no Governmental Authority has initiated any proceeding, or to the Knowledge of FBFC, investigation into the business or operations of FBFC, since December 31, 2003.
Make any capital expenditures other than capital expenditures (i) set forth on FBFC Disclosure Schedule 5.01(i) or (ii) in the ordinary course of business consistent with past practice in amounts not exceeding $25,000 individually or $100,000 in the aggregate.
Except to satisfy contractual obligations existing as of the date hereof and set forth on FBFC Disclosure Schedule 5.01(r), make, renegotiate, renew, increase, extend, modify or purchase any Loan other than in accordance with FBFC’s loan policies and procedures in effect as of the date hereof.
First Xxxxxxx National Bank is a member in good standing of each of the Federal Reserve System and the FHLB and owns the requisite amount of stock of each as set forth on FBFC Disclosure Schedule 4.01(b).
Make any investment or commitment to invest in real estate or in any real estate development project other than (i) as set forth on FBFC Disclosure Schedule 5.01(s) or (ii) by way of foreclosure or acquisitions in a bona fide fiduciary capacity or in satisfaction of a debt previously contracted in good faith, in each case in the ordinary course of business consistent with past practice.
FBFC Disclosure Schedule 4.01(x) sets forth a true, complete and correct list of all FBFC Intellectual Property other than off the shelf Software.
Except as set forth in the FBFC Disclosure Schedule, FBFC hereby represents and warrants to NHTB that the statements contained in this Section 4.01 are correct as of the date of this Agreement and will be correct as of the Closing Date (as though made then and as though the Closing Date were substituted for the date of this Agreement throughout this Section 4.01), except as to any representation or warranty which specifically relates to an earlier date, which only need by correct as of such earlier date.
FBFC Disclosure Schedule 4.01(t) sets forth the book and market value as of September 30, 2006 of the investment securities, mortgage backed securities and securities held for sale of FBFC, as well as, with respect to such securities, descriptions thereof, CUSIP numbers, book values, fair values and coupon rates.