Common use of Notification of Actions Clause in Contracts

Notification of Actions. FSC and FSB covenant and agree to immediately notify Bancorp and Bank in the event of the breach of any of the covenants set forth in this Article VI.

Notification of Actions. FSC Bancorp and FSB Bank covenant and agree to immediately notify Bancorp FSC and Bank FSB in the event of the breach of any action which materially affects any of the covenants set forth in this Article VIIV.