Common use of Compliance with Law; Government Approvals Clause in Contracts

Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein, including without limitation the approval of the Board of Governors of the Federal Reserve System.

Appears in 7 contracts

Samples: Loan Agreement (First Guaranty Bancshares, Inc.), Loan Agreement (Southern States Bancshares, Inc.), Loan Agreement (Citizens Community Bancorp Inc.)

AutoNDA by SimpleDocs

Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if as required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein, including without limitation the approval of the Board of Governors of the Federal Reserve System.

Appears in 3 contracts

Samples: Loan Agreement (Heritage Financial Holding), Loan Agreement (Peoples Bancorp Inc), Loan Agreement (Peoples Bancorp Inc)

Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described hereinherein (including its redemption of the CDCI preferred stock referenced above), including without limitation the approval of the Board of Governors of the Federal Reserve System.

Appears in 2 contracts

Samples: Loan Agreement (Bancplus Corp), Loan Agreement (First Bancshares Inc /MS/)

Compliance with Law; Government Approvals. (a) 26. Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein, including without limitation the approval of the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Loan Agreement (Citizens Holding Co /MS/)

Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described hereinherein and in the Merger Agreements, including without limitation the approval of the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Loan Agreement (Bancplus Corp)

AutoNDA by SimpleDocs

Compliance with Law; Government Approvals. (a) Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The the Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations regulations, nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if as required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein, including without limitation the approval of the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Stock Pledge Agreement (Firstfed Bancorp Inc)

Compliance with Law; Government Approvals. (a) To Borrower’s knowledge, Borrower has complied and is complying with all requirements, made all applications, and submitted all reports required by The Bank Holding Company Act of 1956, as amended, and any regulations or rulings issued in connection therewith, and the transaction contemplated hereby will not violate any such statutes, rules, rulings, or regulations nor will the consummation of said actions and transactions cause Borrower to be in violation thereof. Borrower has, if required, made all filings and received all governmental or regulatory approvals necessary for the consummation of the transactions described herein, including without limitation the approval of the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Loan Agreement (Vineyard National Bancorp)

Time is Money Join Law Insider Premium to draft better contracts faster.