NCCOB definition
Examples of NCCOB in a sentence
Since December 31, 2009, the Company and each Subsidiary have filed all material reports, registrations and statements, together with any required amendments thereto, that it was required to file with the FRB, the NCCOB and the FDIC and any other applicable federal or state securities or banking authorities, except where the failure to file any such report, registration or statement would not have or reasonably be expected to have a Material Adverse Effect.
The parties hereto agree to act in good faith and cooperate with each other in promptly submitting all necessary notices to the NCCOB contemplated hereby.
All such reports and statements filed with any such regulatory body or authority are collectively referred to herein as the “Company Reports.” As of their respective dates, the Company Reports complied in all material respects with all the rules and regulations promulgated by the FRB, the NCCOB and the FDIC and any other applicable foreign, federal or state securities or banking authorities, as the case may be.
Other than as permitted by the NCCOB Regulations, the BHCA, the Securities Act, the Securities Act Regulations and the laws of any state in which the Securities are registered or qualified for sale or exempt from registration, none of the Company, the MHC, or the Bank will distribute any prospectus, offering circular or other offering material in connection with the offer and sale of the Securities.
The Company will furnish promptly to the Agent and its counsel copies of all correspondence with the Commission with respect to the Registration Statement and the NCCOB, the FRB and the FDIC with respect to the Conversion Application, the Holding Company Application and the FDIC Notice.
Neither BNC nor any of its subsidiaries is subject to any Regulatory Agreement that restricts the conduct of its business or that in any manner relates to its capital adequacy, its credit policies, its management or its business, nor has BNC or any of its subsidiaries been advised by the Federal Reserve, NCCOB, or any other applicable regulatory or governmental agency that it is considering issuing or requesting any Regulatory Agreement.
Notwithstanding the foregoing, the Company shall have no obligation to pay cash pursuant to this Section 4.1(e) to the extent prohibited by applicable law, regulation or order of the Federal Reserve, the FDIC, the NCCOB, or any other applicable federal or state banking authorities.
The Principal Banking Subsidiary and each subsidiary of the Principal Banking Subsidiary has been and is in compliance with all applicable laws, rules and regulations of (including, without limitation, all applicable regulations and orders of, or agreements with), the NCCOB, the FDIC, and any other Bank Regulatory Authorities, except where failure to be so in compliance would not be expected, individually or in the aggregate, to have a Material Adverse Effect.
BancShares shall use its reasonable best efforts to make any initial application, notice, and waiver filings or requests required by the Federal Reserve, the FDIC, or the NCCOB in connection with the Mergers on or before the date indicated in Schedule 7.4(a)(i) of the BancShares Disclosure Memorandum.
SmartFinancial shall use its reasonable best efforts to make any initial application, notice, and waiver filings required by the Federal Reserve, the TDFI, or the NCCOB in connection with the Mergers on or before March 15, 2019.