LBI’s Management definition
Examples of LBI’s Management in a sentence
To the knowledge of LBI’s Management (as defined below) neither LBI nor the Bank has engaged in any activity nor taken or omitted to take any action which has resulted or could reasonably be expected to result, in the violation of any local, state, federal or foreign law, statute, rule, regulation or ordinance or of any order, injunction, judgment or decree of any court or government agency or body, the violation of which could reasonably be expected to have a Material Adverse Effect on LBI.
The phrases “to the knowledge of”, “known to” and similar formulations with respect to LBI’s Management or F&M Management means matters that are within the actual conscious knowledge of such persons after due inquiry.
No claims involving an Employee Plan (other than normal benefit claims) have been filed in a court of law or, to the knowledge of LBI’s Management, have been threatened to be filed in a court of law.
Except as set forth in the LBI Disclosure Letter, there are no claims of any kind, nor any action, suits, proceedings, arbitrations or investigations pending or, to the knowledge of LBI’s Management, threatened in any court or before any government agency or body, arbitration panel or otherwise (nor does LBI’s Management have any knowledge of a basis for any claim, action, suit, proceeding, arbitration or investigation) which could reasonably be expected to have a Material Adverse Effect.
To the knowledge of LBI’s Management, there are no uncured violations, criticisms or exceptions, or violations with respect to which refunds or restitutions may be required, cited in any report, correspondence or other communication to LBI or the Bank as a result of an examination by any regulatory agency or body which could reasonably be expected to have a Material Adverse Effect.