Common use of Disaster Recovery and Business Continuity Clause in Contracts

Disaster Recovery and Business Continuity. Company has developed and implemented a contingency planning program to evaluate the effect of significant events that may adversely affect the customers, assets, or employees of Company and Company Bank. To Company’s Knowledge, such program ensures that Company can recover its mission critical functions, and complies in all material respects with the requirements of the FFIEC and the FDIC.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Eagle Bancorp Montana, Inc.), Agreement and Plan of Merger (Eagle Bancorp Montana, Inc.), Agreement and Plan of Merger (Eagle Bancorp Montana, Inc.)

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Disaster Recovery and Business Continuity. The Company has developed and implemented a contingency planning program to evaluate the effect impact of significant events that may adversely affect the Company’s or the Bank's customers, assets, or employees of Company and Company Bankemployees. To the Company’s Knowledge, such program ensures that the Company and the Bank can recover its their mission critical functions, and complies in all material respects with the requirements of the FFIEC Federal Financial Institutions Examination Council and the FDIC.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Nicolet Bankshares Inc), Agreement and Plan of Merger (Nicolet Bankshares Inc), Agreement and Plan of Merger (Mackinac Financial Corp /Mi/)

Disaster Recovery and Business Continuity. The Company has developed and implemented a contingency planning program to evaluate the effect impact of significant events that may adversely affect the Seller’s customers, assets, or employees of Company and Company Bankemployees. To the Company’s Knowledge, such program ensures that the Company can recover its mission critical functions, and complies in all material respects with the requirements of the FFIEC Federal Financial Institutions Examination Council and the FDIC.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Nicolet Bankshares Inc), Plan of Merger (Nicolet Bankshares Inc)

Disaster Recovery and Business Continuity. Company has developed and implemented a contingency planning program to evaluate the effect of significant events that may adversely affect the customers, assets, or employees of Company and Company Bank. To Company’s Knowledge, such program ensures that Company can recover its mission critical functions, and complies in all material respects with the requirements of the FFIEC and the FDIC.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sunnyside Bancorp, Inc.), Agreement and Plan of Merger (Sunnyside Bancorp, Inc.)

Disaster Recovery and Business Continuity. Company has developed and implemented a contingency planning program to evaluate the effect of significant events that may adversely affect the customers, assets, or employees of Company and Company Bank. To Company’s 's Knowledge, such program ensures was developed to provide that Company can recover its mission critical functions, and and, to the Company's Knowledge, such program complies in all material respects with the requirements of the FFIEC FFIEC, the FRB and the FDICOCC.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Trinity Capital Corp)

Disaster Recovery and Business Continuity. The Company has developed and implemented a contingency planning program to evaluate the effect impact of significant events that may adversely affect The Company’s or the Bank's customers, assets, or employees of Company and Company Bankemployees. To the Company’s Knowledge, such program ensures that the Company and the Bank can recover its their mission critical functions, and complies in all material respects with the requirements of the FFIEC Federal Financial Institutions Examination Council and the FDIC.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nicolet Bankshares Inc)

Disaster Recovery and Business Continuity. Company It has developed and implemented a contingency planning program to evaluate the effect impact of significant events that may adversely affect the its customers, assets, or employees of Company and Company Bankemployees. To Company’s Knowledgethe best of its knowledge, such program ensures that Company it can recover its mission critical functions, and complies in all material respects complying with the requirements of the FFIEC Federal Financial Institutions Examination Council and the FDIC.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bay Banks of Virginia Inc)

Disaster Recovery and Business Continuity. Company has developed and implemented a contingency planning program to evaluate the effect of significant events that may adversely affect the customers, assets, or employees of Company and Company Bank. To Company’s Knowledge, such program ensures was developed to provide that Company can recover its mission critical functions, and and, to the Company’s Knowledge, such program complies in all material respects with the requirements of the FFIEC FFIEC, the FRB and the FDICOCC.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Enterprise Financial Services Corp)

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Disaster Recovery and Business Continuity. Company has and its Subsidiaries have developed and implemented a contingency planning program in accordance with best industry standards to evaluate the effect of significant events that may adversely affect the customers, assets, or employees of Company and Company Bankits Subsidiaries. To Company’s Knowledge, such program ensures that Company and its Subsidiaries can recover its mission critical functions, and such program complies in all material respects with the requirements of the FFIEC FFIEC, the FDIC and the FDICLaw. Company has furnished to Buyer a true and correct copy of its disaster recovery and business continuity arrangements.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Meta Financial Group Inc)

Disaster Recovery and Business Continuity. The Company has developed and implemented a contingency planning program to evaluate the effect impact of significant events that may adversely affect the Company’s or the Bank’s customers, assets, or employees of Company and Company Bankemployees. To the Company’s Knowledge, such program ensures that the Company and the Bank can recover its their mission critical functions, and complies in all material respects with the requirements of the FFIEC Federal Financial Institutions Examination Council and the FDIC.

Appears in 1 contract

Samples: Agreement and Plan of Merger (County Bancorp, Inc.)

Disaster Recovery and Business Continuity. The Company has and Company Bank have developed and implemented a contingency planning program in accordance with best industry standards to evaluate the effect of significant events that may adversely affect the customers, assets, assets or employees of the Company and Company Bank. To the Company’s Knowledge, such program ensures that the Company and Company Bank can recover its their mission critical functions, and such program complies in all material respects with the requirements of the FFIEC Federal Financial Institutions Examination Council, the OCC and the FDICapplicable Law. The Company has furnished to Parent a true, correct and complete copy of its disaster recovery and business continuity arrangements.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Flushing Financial Corp)

Disaster Recovery and Business Continuity. Company has developed and implemented a contingency planning program to evaluate the effect of significant events that may adversely affect the customers, assets, or employees of Company and Company Bank. To Company’s Knowledge, such program ensures was developed to ensure that Company can recover its mission critical functions, and and, to the Company’s Knowledge, such program complies in all material respects with the requirements of the FFIEC and the FDIC.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Enterprise Financial Services Corp)

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