Common use of Approval and Implementation Clause in Contracts

Approval and Implementation. Santander Holdings and SC, as applicable, shall submit written plans and programs that are acceptable to the Reserve Bank within the applicable time period set forth in paragraphs 1, 2, 3, 4, and 5 of this Agreement. Each plan or program shall contain a timeline for full implementation of the plan or program with specific deadlines for completion of each component of the plan or program.

Appears in 4 contracts

Sources: Written Agreement (Santander Holdings USA, Inc.), Written Agreement (Santander Consumer USA Holdings Inc.), Written Agreement