Common use of Litigation; Regulatory Action Clause in Contracts

Litigation; Regulatory Action. Except as Previously Disclosed in Schedule 5.1(L), no litigation, proceeding or controversy before any court or governmental agency is pending that, individually or in the aggregate, is reasonably likely to have a Material Adverse Effect on Northwest or that alleges claims under any fair lending law or other law relating to discrimination, including the Equal Credit Opportunity Act, the Fair Housing Act, the Community Reinvestment Act and the Home Mortgage Disclosure Act, and to Northwest's Knowledge, no such litigation, proceeding or controversy has been threatened; and except as Previously Disclosed in Schedule 5.1(L), Northwest is not subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or is a recipient of any extraordinary supervisory letter from, or has adopted any board resolutions at the request of (each, whether or nor set forth on Schedule 5.1(L), a "Regulatory Agreement"), any Regulatory Authorities that restricts the conduct of its business or that in any manner relates to its capital adequacy, its credit policies, its management or its business, nor has Northwest been advised by any Regulatory Authorities that it is considering issuing or requesting any Regulatory Agreement.

Litigation; Regulatory Action. Except as Previously Disclosed in Schedule 5.1(L), 5.2(L) no litigation, proceeding or controversy before any court or governmental agency is pending that, individually or in the aggregate, is reasonably likely to have a Material Adverse Effect on Northwest Pacific or its Subsidiaries or that alleges claims under any fair lending law or other law relating to discrimination, including the Equal Credit Opportunity Act, the Fair Housing Act, the Community Reinvestment Act and the Home Mortgage Disclosure Act, and and, to NorthwestPacific's Knowledge, no such litigation, proceeding or controversy has been threatened; and except as Previously Disclosed in Schedule 5.1(L5.2 (L), Northwest neither Pacific nor any of its Subsidiaries is not subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or is a recipient of any extraordinary supervisory letter from, or has adopted any board resolutions at the request of (each, whether or nor not set forth on Schedule 5.1(L5.2(L), a "Regulatory Agreement"), ," any Regulatory Authorities Authority that restricts the conduct of its business or that in any manner relates related to its capital adequacy, its credit policies, its management or its business, nor has Northwest Pacific or any of its Subsidiaries been advised by any Regulatory Authorities Authority that it is considering issuing or requesting any Regulatory Agreement.

Litigation; Regulatory Action. Except as Previously Disclosed in Schedule 5.1(L), 5.2(L) no litigation, proceeding or controversy before any court or governmental agency is pending that, individually or in the aggregate, is reasonably likely to have a Material Adverse Effect on Northwest Cascade or its Subsidiaries or that alleges claims under any fair lending law or other law relating to discrimination, including the Equal Credit Opportunity Act, the Fair Housing Act, the Community Reinvestment Act and the Home Mortgage Disclosure Act, and and, to NorthwestCascade's Knowledge, no such litigation, proceeding or controversy has been threatened; and except as Previously Disclosed in Schedule 5.1(L5.2(L), Northwest neither Cascade nor any of its Subsidiaries is not subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or is a recipient of any extraordinary supervisory letter from, or has adopted any board resolutions at the request of (each, whether or nor not set forth on Schedule 5.1(L5.2(L), a "Regulatory Agreement"), any Regulatory Authorities Authority that restricts the conduct of its business or that in any manner relates related to its capital adequacy, its credit policies, its management or its business, nor has Northwest Cascade or any of its Subsidiaries been advised by any Regulatory Authorities Authority that it is considering issuing or requesting any Regulatory Agreement.

Litigation; Regulatory Action. Except as Previously Disclosed in Schedule 5.1(L), 4.2(J) no litigation, proceeding or controversy before any court or governmental agency is pending that, individually or in the aggregate, is reasonably likely to have a Material Adverse Effect on Northwest Frontier or its Subsidiaries or that alleges claims under any fair lending law or other law relating to discrimination, including the Equal Credit Opportunity Act, the Fair Housing Act, the Community Reinvestment Act and the Home Mortgage Disclosure Act, and and, to Northwest's Knowledgethe best of its knowledge, no such litigation, proceeding or controversy has been threatened; and except as Previously Disclosed in Schedule 5.1(L4.2(J), Northwest is not subject to neither Frontier nor any cease-and-desist of its Subsidiaries or other order issued byany of its or their material properties or their officers, directors or controlling persons is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order order, decree, agreement, memorandum of understanding or directive bysimilar arrangement with, or is a recipient of any extraordinary supervisory commitment letter from, or has adopted any board resolutions at the request of (each, whether or nor set forth on Schedule 5.1(L), a "Regulatory Agreement")similar submission to, any Regulatory Authorities that restricts the conduct Authority, and neither Frontier nor any of its business or that in any manner relates to its capital adequacy, its credit policies, its management or its business, nor Subsidiaries has Northwest been advised by any of such Regulatory Authorities that it such authority is considering contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any Regulatory Agreementsuch order, decree, agreement, memorandum or understanding, commitment letter or similar submission.

Litigation; Regulatory Action. Except as Previously Disclosed in Schedule 5.1(L5.1(K), no litigation, proceeding or controversy before any court or governmental agency is pending that, individually or in the aggregate, is reasonably likely to have a Material Adverse Effect on Northwest Salem or that alleges claims under any fair lending law or other law relating to discrimination, including the Equal Credit Opportunity Act, the Fair Housing Act, the Community Reinvestment Act and the Home Mortgage Disclosure Act, and to Northwest's Salem’s Knowledge, no such litigation, proceeding or controversy has been threatened; and except as Previously Disclosed in Schedule 5.1(L5.1(K), Northwest Salem is not subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or is a recipient of any extraordinary supervisory letter from, or has adopted any board resolutions at the request of (each, whether or nor set forth on Schedule 5.1(L5.1(K), a "“Regulatory Agreement"”), any Regulatory Authorities Authority that restricts the conduct of its business or that in any manner relates to its capital adequacy, its credit policies, its management or its business, nor has Northwest Salem been advised by any Regulatory Authorities Authority that it is considering issuing or requesting any Regulatory Agreement.

Litigation; Regulatory Action. Except as Previously Disclosed in Schedule 5.1(L), 5.2(I) no litigation, proceeding or controversy before any court or governmental agency is pending that, individually or in the aggregate, is reasonably likely to have a Material Adverse Effect on Northwest Frontier or its Subsidiaries or that alleges claims under any fair lending law or other law relating to discrimination, including the Equal Credit Opportunity Act, the Fair Housing Act, the Community Reinvestment Act and the Home Mortgage Disclosure Act, and and, to Northwest's Frontier’s Knowledge, no such litigation, proceeding or controversy has been threatened; and except as Previously Disclosed in Schedule 5.1(L5.2 (J), Northwest neither Frontier nor any of its Subsidiaries is not subject to any cease-and-desist or other order issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking to, or is subject to any order or directive by, or is a recipient of any extraordinary supervisory letter from, or has adopted any board resolutions at the request of (each, whether or nor not set forth on Schedule 5.1(L5.2(J), a "“Regulatory Agreement"), ,” any Regulatory Authorities Authority that restricts the conduct of its business or that in any manner relates related to its capital adequacy, its credit policies, its management or its business, nor has Northwest Frontier or any of its Subsidiaries been advised by any Regulatory Authorities Authority that it is considering issuing or requesting any Regulatory Agreement.