Common use of Regulatory Applications Clause in Contracts

Regulatory Applications. (a) LCNB and CBC and their respective Subsidiaries shall cooperate and use their respective reasonable best efforts to allow LCNB to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this Section, each of the parties hereto agrees to act reasonably and as promptly as practicable. LCNB agrees that it will (i) consult with CBC with respect to obtaining the material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) keep CBC apprised of the status of material matters relating to obtaining such consents, approvals and/or authorizations from the Regulatory Authorities. CBC shall have the right to review in advance, subject to applicable laws relating to the exchange of Information, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing sentence, neither CBC nor the Bank shall have any right to review and/or inspect any proprietary information submitted by LCNB to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC agrees, upon request, to furnish LCNB with all information concerning itself, the Bank, directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB or Bank to any Regulatory Authority.

Appears in 1 contract

Sources: Stock Purchase Agreement (LCNB Corp)

Regulatory Applications. (a) LCNB PFBI and CBC FNHC and their respective Subsidiaries shall cooperate and use their respective commercially reasonable best efforts to allow LCNB PFBI to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this Section, each of the parties hereto agrees to act reasonably and as promptly as practicable. LCNB PFBI agrees that it will (i) consult with CBC FNHC with respect to the obtaining the of all material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) to keep CBC FNHC apprised of the status of material matters relating to obtaining obtainment of such consents, approvals and/or authorizations from the Regulatory Authorities. CBC FNHC shall have the right to review in advance, subject to applicable laws relating to the exchange of Information, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing sentence, neither CBC FNHC nor the Bank ▇▇▇▇▇▇▇ shall have any right to review and/or inspect any proprietary information submitted by LCNB PFBI to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB PFBI in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC FNHC agrees, upon request, to furnish LCNB PFBI with all information concerning itself, the Bankits Subsidiaries, directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB PFBI or Bank any of its Subsidiaries to any Regulatory Authority.

Appears in 1 contract

Sources: Merger Agreement (Premier Financial Bancorp Inc)

Regulatory Applications. (a) LCNB and CBC and their respective Subsidiaries The parties shall cooperate and use their respective reasonable best efforts to allow LCNB Peoples and Peoples Bank to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this Section, each of the parties hereto agrees to act reasonably and as promptly as practicable. LCNB agrees Peoples and Peoples Bank agree that it they will (i) consult with CBC NASB with respect to the obtaining the of all material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) keep CBC NASB apprised of the status of material matters relating to obtaining obtainment of such consents, approvals and/or authorizations from the Regulatory Authorities. CBC NASB shall have the right to review in advance, subject to applicable laws relating to the exchange of Information, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing foregoing sentence, neither CBC nor the Bank NASB shall not have any right to review and/or inspect any proprietary information submitted by LCNB Peoples or Peoples Bank to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB Peoples or Peoples Bank in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC NASB agrees, upon request, to furnish LCNB Peoples and/or Peoples Bank with all information concerning itself, the Bank, directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB Peoples or Peoples Bank to any Regulatory Authority.

Appears in 1 contract

Sources: Merger Agreement (Peoples Bancorp Inc)

Regulatory Applications. (a) LCNB NWBI and CBC PWOD and their respective Subsidiaries shall cooperate and use their respective reasonable best efforts to allow LCNB NWBI to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this SectionSection 6.09, each of the parties hereto agrees to act reasonably and as promptly as practicable. LCNB NWBI agrees that it will (i) consult with CBC PWOD with respect to the obtaining the of all material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) to keep CBC PWOD apprised of the status of material matters relating to obtaining obtainment of such consents, approvals and/or authorizations from the Regulatory Authorities. CBC PWOD shall have the right to review in advance, subject to applicable laws relating to the exchange of Informationinformation, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing sentence, neither CBC nor the Bank PWOD shall not have any right to review and/or inspect any competitively sensitive business or other proprietary information submitted by LCNB NWBI to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB NWBI in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC agrees, upon request, to furnish LCNB with all information concerning itself, the Bank, directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB or Bank to any Regulatory Authority.

Appears in 1 contract

Sources: Merger Agreement (Northwest Bancshares, Inc.)

Regulatory Applications. (a) LCNB Peoples and CBC Premier Financial and their respective Subsidiaries shall cooperate and use their respective reasonable best efforts to allow LCNB Peoples to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this SectionSection 6.09, each of the parties hereto agrees to act reasonably and as promptly as practicable. LCNB Peoples agrees that it will (i) consult with CBC Premier Financial with respect to the obtaining the of all material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) to keep CBC Premier Financial apprised of the status of material matters relating to obtaining obtainment of such consents, approvals and/or authorizations from the Regulatory Authorities. CBC Premier Financial shall have the right to review in advance, subject to applicable laws relating to the exchange of Informationinformation, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing sentence, neither CBC nor the Bank Premier Financial shall not have any right to review and/or inspect any competitively sensitive business or other proprietary information submitted by LCNB Peoples to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB Peoples in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC Premier Financial agrees, upon request, to furnish LCNB Peoples with all information concerning itself, the Citizens Bank and Premier Bank, and their directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB Peoples or Bank any of its Subsidiaries to any Regulatory Authority. Table of Contents (c) Premier Financial shall use reasonable best efforts to prepare and file all necessary documentation, notices or filings as may be required relative to Section 4.01(t) of the Premier Financial Disclosure Schedule to obtain, if applicable, as promptly as practicable all authorizations of Regulatory Authority which are necessary or advisable or otherwise cause to consummate the transactions contemplated in Section 4.01(t) of the Premier Financial Disclosure Schedule. Premier Financial agrees that it will consult with Peoples with respect to documentation, notices and/or filings required by this subsection and to keep Peoples apprised of the status of material matters relating to such notices and/or filings.

Appears in 1 contract

Sources: Merger Agreement (Premier Financial Bancorp Inc)

Regulatory Applications. (a) LCNB and CBC First Capital and their respective Subsidiaries shall cooperate and use their respective reasonable best efforts to allow LCNB to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this Section, each of the parties hereto agrees to act reasonably and as promptly as practicable. LCNB agrees that it will (i) consult with CBC the First Capital with respect to the obtaining the of all material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) to keep CBC First Capital apprised of the status of material matters relating to obtaining obtainment of such consents, approvals and/or authorizations from the Regulatory AuthoritiesAuthorities including without limitation informing First Capital of any written comments by, or requests for additional information from, the Regulatory Authorities with respect to the applications and requests for regulatory approval. CBC First Capital 44 shall have the right to review in advance, subject to applicable laws relating to the exchange of Information, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing sentence, neither CBC First Capital nor the Bank Citizens shall have any right to review and/or inspect any proprietary information submitted by LCNB to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC First Capital agrees, upon request, to furnish LCNB with all information concerning itself, the Bankits Subsidiary, directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB or Bank to any Regulatory Authority.

Appears in 1 contract

Sources: Merger Agreement (LCNB Corp)

Regulatory Applications. (a) LCNB Civista and CBC Comunibanc and their respective Subsidiaries shall cooperate and use their respective commercially reasonable best efforts to allow LCNB Civista to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this SectionSection 6.09, each of the parties hereto agrees to act reasonably and as promptly as practicable. LCNB Civista agrees that it will (i) consult with CBC Comunibanc with respect to the obtaining the of all material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) to keep CBC Comunibanc apprised of the status of material matters relating to obtaining obtainment of such consents, approvals and/or authorizations from the Regulatory Authorities. CBC Comunibanc shall have the right to review in advance, subject to applicable laws relating to the exchange of Informationinformation, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing sentence, neither CBC nor the Bank Comunibanc shall not have any right to review and/or inspect any competitively sensitive business or other proprietary information submitted by LCNB Civista to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB Civista in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC Comunibanc agrees, upon request, to furnish LCNB Civista with all information concerning itself, the Bank, ▇▇▇▇▇ County Bank and their directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB Civista or Bank any of its Subsidiaries to any Regulatory Authority.

Appears in 1 contract

Sources: Merger Agreement (Civista Bancshares, Inc.)

Regulatory Applications. (a) (a) LCNB NWBI and CBC PWOD and their respective Subsidiaries shall cooperate and use their respective reasonable best efforts to allow LCNB NWBI to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this SectionSection 6.09, each of the parties hereto agrees to act reasonably and as promptly as practicable. LCNB NWBI agrees that it will (i) consult with CBC PWOD with respect to the obtaining the of all material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) to keep CBC PWOD apprised of the status of material matters relating to obtaining obtainment of such consents, approvals and/or authorizations from the Regulatory Authorities. CBC PWOD shall have the right to review in advance, subject to applicable laws relating to the exchange of Informationinformation, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing sentence, neither CBC nor the Bank PWOD shall not have any right to review and/or inspect any competitively sensitive business or other proprietary information submitted by LCNB NWBI to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB NWBI in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC PWOD agrees, upon request, to furnish LCNB NWBI with all information concerning itself, the Luzerne Bank, Jersey Shore State Bank and their other direct and indirect Subsidiaries, and their directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB NWBI or Bank any of its Subsidiaries to any Regulatory Authority.

Appears in 1 contract

Sources: Merger Agreement (Penns Woods Bancorp Inc)

Regulatory Applications. (a) LCNB and CBC EFBI and their respective Subsidiaries shall cooperate and use their respective reasonable best efforts to allow LCNB to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this SectionSection 6.09, each of the parties hereto agrees to act reasonably and as promptly as practicable. practicable and LCNB agrees that it will (i) consult with CBC EFBI with respect to the obtaining the of all material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) to keep CBC EFBI apprised of the status of material matters relating to obtaining obtainment of such consents, approvals and/or authorizations from the Regulatory Authorities. CBC EFBI shall have the right to review in advance, subject to applicable laws relating to the exchange of Informationinformation, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing sentence, neither CBC nor the Bank EFBI shall not have any right to review and/or inspect any competitively sensitive business or other proprietary information submitted by LCNB to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC EFBI agrees, upon request, to furnish LCNB with all information concerning itself, the BankEagle Bank and its Subsidiaries, and their directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB or Bank any of its Subsidiaries to any Regulatory Authority.

Appears in 1 contract

Sources: Merger Agreement (LCNB Corp)

Regulatory Applications. (a) LCNB Peoples and CBC Premier Financial and their respective Subsidiaries shall cooperate and use their respective reasonable best efforts to allow LCNB Peoples to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this SectionSection 6.09, each of the parties hereto agrees to act reasonably and as promptly as practicable. LCNB Peoples agrees that it will (i) consult with CBC Premier Financial with respect to the obtaining the of all material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) to keep CBC Premier Financial apprised of the status of material matters relating to obtaining obtainment of such consents, approvals and/or authorizations from the Regulatory Authorities. CBC Premier Financial shall have the right to review in advance, subject to applicable laws relating to the exchange of Informationinformation, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing sentence, neither CBC nor the Bank Premier Financial shall not have any right to review and/or inspect any competitively sensitive business or other proprietary information submitted by LCNB Peoples to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB Peoples in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC Premier Financial agrees, upon request, to furnish LCNB Peoples with all information concerning itself, the Citizens Bank and Premier Bank, and their directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB Peoples or Bank any of its Subsidiaries to any Regulatory Authority. (c) Premier Financial shall use reasonable best efforts to prepare and file all necessary documentation, notices or filings as may be required relative to Section 4.01(t) of the Premier Financial Disclosure Schedule to obtain, if applicable, as promptly as practicable all authorizations of Regulatory Authority which are necessary or advisable or otherwise cause to consummate the transactions contemplated in Section 4.01(t) of the Premier Financial Disclosure Schedule. Premier Financial agrees that it will consult with Peoples with respect to documentation, notices and/or filings required by this subsection and to keep Peoples apprised of the status of material matters relating to such notices and/or filings.

Appears in 1 contract

Sources: Merger Agreement (Peoples Bancorp Inc)

Regulatory Applications. (a) LCNB City and CBC Citizens and their respective Subsidiaries shall cooperate and use their respective commercially reasonable best efforts to allow LCNB City to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this SectionSection 6.09, each of the parties hereto agrees to act reasonably and as promptly as practicable. LCNB City agrees that it will (i) consult with CBC Citizens with respect to the obtaining the of all material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) to keep CBC Citizens apprised of the status of and any material matters relating to obtaining obtainment of such consents, approvals and/or authorizations from the Regulatory Authorities. CBC Citizens shall have the right to review in advance, subject to applicable laws relating to the exchange of Informationinformation, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing sentence, neither CBC nor the Bank Citizens shall not have any right to review and/or inspect any competitively sensitive business or other proprietary information submitted by LCNB City to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB City in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC Citizens agrees, upon request, to furnish LCNB City with all available information concerning itself, the Bank, Citizens Commerce Bank and their directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB City or Bank any of its Subsidiaries to any Regulatory Authority.

Appears in 1 contract

Sources: Merger Agreement (City Holding Co)

Regulatory Applications. (a) LCNB Peoples and CBC Limestone and their respective Subsidiaries shall cooperate and use their respective reasonable best efforts to allow LCNB Peoples to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this SectionSection 6.09, each of the parties hereto agrees to act reasonably and as promptly as practicable, and ▇▇▇▇▇▇▇ agrees to file, and to cause Peoples Bank to file, all regulatory applications required to be filed by them with the FRB in connection with the Merger within thirty (30) days from the date hereof. LCNB ▇▇▇▇▇▇▇ agrees that it will (i) consult with CBC Limestone with respect to the obtaining the of all material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) to keep CBC Limestone apprised of the status of material matters relating to obtaining obtainment of such consents, approvals and/or authorizations from the Regulatory Authorities. CBC Limestone shall have the right to review in advance, subject to applicable laws relating to the exchange of Informationinformation, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing sentence, neither CBC nor the Bank Limestone shall not have any right to review and/or inspect any competitively sensitive business or other proprietary information submitted by LCNB Peoples to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB Peoples in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC Limestone agrees, upon request, to furnish LCNB Peoples with all information concerning itself, the BankLimestone Bank and its other direct and indirect Subsidiaries, and their directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB Peoples or Bank any of its Subsidiaries to any Regulatory Authority.

Appears in 1 contract

Sources: Merger Agreement (Peoples Bancorp Inc)

Regulatory Applications. (a) LCNB and CBC BNB and their respective Subsidiaries shall cooperate and use their respective reasonable best efforts to allow LCNB to prepare, submit and file all applications and requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this Section, each of the parties hereto agrees to act reasonably and as promptly as practicable. LCNB agrees that it will (i) consult with CBC BNB with respect to the obtaining the of all material consents, approvals approvals, waivers and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) to keep CBC BNB apprised of the status of material matters relating to obtaining obtainment of such consents, approvals approvals, waivers and/or authorizations from the Regulatory Authorities. CBC BNB shall have the right to review in advance, subject to applicable laws relating to the exchange of Information, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing sentence, neither CBC BNB nor the BNB Bank shall have any right to review and/or inspect any proprietary information submitted by LCNB to any Regulatory Authority, including, but not limited to any business plan and/or financial data or analysis prepared by LCNB in relation to such consents, approvals approvals, waivers and/or authorizations from the Regulatory Authorities. (b) CBC BNB agrees, upon request, to furnish LCNB with all information concerning itself, the BNB Bank, directors, officers and shareholders and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB or Bank any of its Subsidiaries to any Regulatory Authority.

Appears in 1 contract

Sources: Merger Agreement (LCNB Corp)

Regulatory Applications. (a) LCNB and CBC CFB and their respective Subsidiaries shall cooperate and use their respective reasonable best efforts to allow allow, within 30 days of this Agreement, LCNB to prepare, submit and file all applications and and/or requests for regulatory approval, to timely effect all filings and to obtain all consents, approvals and/or and authorizations of all the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement. In exercising the rights under this Section, each of the parties hereto agrees to act reasonably and as promptly as practicable. LCNB agrees that it will (i) consult with CBC CFB with respect to the obtaining the of all material consents, approvals and authorizations from the Regulatory Authorities necessary to consummate the transactions contemplated by this Agreement and (ii) to keep CBC CFB apprised of the status of material matters relating to obtaining obtainment of such consents, approvals and/or authorizations from the Regulatory Authorities. CBC CFB shall have the right to review in advance, subject to applicable laws relating to the exchange of Information, all material written information submitted to the Regulatory Authorities in connection with the transactions contemplated by this Agreement. Notwithstanding the forgoing foregoing sentence, neither CBC CFB nor the Columbus First Bank shall have any right to review and/or or inspect any proprietary information submitted by LCNB to any Regulatory AuthorityAuthority with a request for confidential treatment, including, but not limited to to, any business plan and/or financial data or analysis prepared by LCNB in relation to such consents, approvals and/or authorizations from the Regulatory Authorities. (b) CBC CFB agrees, upon request, to furnish LCNB with all information concerning itself, the Columbus First Bank, and each of their respective directors, officers and shareholders officers, shareholders, employees and such other matters as may be reasonably necessary, advisable and/or required in connection with any filing, notice or application made by or on behalf of LCNB or Bank any of its Subsidiaries to any Regulatory Authority.

Appears in 1 contract

Sources: Merger Agreement (LCNB Corp)