Common use of Correction of Violations Clause in Contracts

Correction of Violations. Within 30 days after the effective date of this Agreement, the Bank shall eliminate and/or correct all violations of law and regulation noted in the Report of Examination to the extent it is possible to eliminate or correct such violations.

Appears in 1 contract

Sources: Written Agreement (Tennessee Commerce Bancorp, Inc.)

Correction of Violations. Within 30 90 days after the effective date of this AgreementORDER, the Bank shall eliminate and/or correct all violations of law and regulation noted in the Report of Examination to the extent it is possible to eliminate or correct such violationsExamination.

Appears in 1 contract

Sources: Placement Agency Agreement