Contracts with Clients. Each of the Company and its Subsidiaries is in compliance with the terms of each Contract with any Client, and each such Contract is in full force and effect with respect to the applicable Client. There are no disputes pending or threatened with any Client under the terms of any such Contract or with any former Client.
Contracts with Clients. (i) Each of IJL and its Subsidiaries is in compliance with the terms of each Contract with any Client, and each such Contract is in full force and effect with respect to the applicable Client. There are no disputes pending or threatened with any Client under the terms of any such Contract or with any former Client other than disputes arising in the ordinary course of business of IJL and its Subsidiaries. IJL has made available to Wachovia true and complete copies of all advisory, sub-advisory and similar agreements with any Clients.
Contracts with Clients. Except for instances of ---------------------- noncompliance with the following representations (Section 4.01(O)(3)(a-b)) ----------------------- which would not be reasonably likely, individually or in the aggregate, to have a Material Adverse Effect on the Company:
Contracts with Clients. The Company and its Subsidiaries are in material compliance with the terms of each contract with any customer to whom the Company or such Subsidiary provides services under any contract ("Company Client"), and each such contract is in full force and effect with respect to the applicable Company Client. Except as disclosed in Section 3.27 of the Company Disclosure Schedule, there are no Material disputes pending or threatened with respect to any former Company Client. The Company has made available to Parent true and complete copies of all advisory, sub-advisory and similar agreements with any Company Client. Except to the extent that it does not or would not reasonably be expected to have a Material Adverse Effect on the Company, each extension of credit by the Company or any of its Subsidiaries to any Company Client (i) is in full compliance with Federal Reserve Board Regulation T or any substantially similar regulation of any Governmental Authority and, (ii) is fully secured, and the Company or such Subsidiary has a first priority perfected security interest in the collateral securing such extension of credit.
Contracts with Clients. Parent and its Subsidiaries are in material compliance with the terms of each contract with any customer to whom Parent or such Subsidiary provides services under any contract ("Parent Client"), and each such contract is in full force and effect with respect to the applicable Parent Client. There are no Material disputes pending or threatened with respect to any former Parent Client. Except to the extent that it does not or would not reasonably be expected to have a Material Adverse Effect on Parent, each extension of credit by Parent or any of its Subsidiaries to any Parent Client (i) is in full compliance with Federal Reserve Board Regulation T or any substantially similar regulation of any Governmental Authority and, (ii) is fully secured, and Parent or such Subsidiary has a first priority perfected security interest in the collateral securing such extension of credit.
Contracts with Clients. Each of the Companies and their Subsidiaries is in material compliance with the terms of each contract with any customer to whom such Company or Subsidiary provides services under any contract (a "Client"), and each such contract is in full force and effect with respect to the applicable Client. To the knowledge of the Companies, each extension of credit by any of the Companies or their Subsidiaries to any Client (a) is in full compliance with Regulation T of the Federal Reserve Board or any similar regulation of any Self Regulatory Organization, (b) is secured by an equity amount no less than the amounts permitted pursuant to the rules and regulations of any Self Regulatory Organization.
Contracts with Clients. (a) Each of Xxxxxx and the Xxxxxx Subsidiaries is in compliance with the terms of each Contract with any customer to whom Xxxxxx or any Xxxxxx Subsidiary provides services under any Contract (a "Client"), and each such Contract is in full force and effect with respect to the applicable Client.
Contracts with Clients. Attached hereto as Schedule 4.7 (the "Schedule of Contracts") is a true and accurate copy of each form of Indenture, trustee/paying agent/registrar agreement and XXX Simplifier Agreement to which Colonial is a party with respect to its Corporate Trust Business. Colonial has in place an indenture and a trustee/paying agent/registrar agreement in substantially one of the forms attached as Schedule 4.7 and appropriate collateral documents with regard to each of the church bond accounts serviced by its Corporate Trust division and XXX Simplifier Agreement in substantially the form attached as a part of Schedule-4.7 for each XXX account serviced by its Corporate Trust division. The indentures, trustee/paying agent/registrar agreements and associated collateral agreements and XXX Simplifier Agreements are each a "Contract" for purposes hereof. Unless otherwise set forth on Schedule 4.7, no consent is required from any third party in order for such Contract to be assigned, assumed or otherwise transferred to First State Bank pursuant to the transactions contemplated by this Agreement. Colonial is in material compliance with the terms and conditions of each Contract and each Contract is in full force and effect, enforceable in accordance with its terms and no breach has occurred with respect to such Contracts. Except as set forth on Schedule 4.5, there are no disputes pending, or to the best of Colonial's knowledge, threatened with respect to any of the Contracts or with any terminated or expired Contract. An updated Schedule of Contracts and Schedule 4.7 containing information current as of the close of business no more than five (5) Business Days prior to the Closing Date shall be delivered to First State Bank at the Closing and a final Schedule of Contracts and Schedule 4.7 shall be attached to the Final Settlement Statement.
Contracts with Clients. (a) Each of Morgxx xxx the Morgxx Xxxsidiaries is in compliance with the terms of each Contract with any customer to whom Morgxx xx any Morgxx Xxxsidiary provides services under any Contract (a "Client"), and each such Contract is in full force and effect with respect to the applicable Client.
Contracts with Clients. Berthel and eacx Xxxxxel Subsidxxxx xx in compliance with the terms of each agreement, indenture, undertaking, debt instrument, contract, contractual obligation, lease or other commitment (collectively, "Contracts") with any client and/or customer of Berthel or any Xxxxxxx Subsidxxxx xo which it is a party, and any such Contract is in full force and effect with respect to the applicable client and/or customer. There are no disputes pending or threatened with any such client and/or customer under the terms of any such Contracts or with any former client and/or customer.
