REPRESENTATIONS AND WARRANTIES OF REGAL BANCORP AND REGALBANK
Regal Bancorp and Regal Bank each has full corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by Regal Bancorp and Regal Bank, and the completion by Regal Bancorp and Regal Bank of the transactions contemplated hereby, up to and including the Merger and the Bank Merger, have been duly and validly approved by the Boards of Directors of Regal Bancorp and Regal Bank, respectively, and, except for approval of the stockholders of Regal Bancorp, no other corporate proceedings on the part of Regal Bancorp or Regal Bank are necessary to complete the transactions contemplated hereby, up to and including the Merger. This Agreement has been duly and validly executed and delivered by Regal Bancorp and Regal Bank, and the Bank Merger and Bank Merger Agreement has been duly and validly approved by the Board of Directors of Regal Bank, and by Regal Bancorp in its capacity as sole stockholder of Regal Bank, and subject to approval by the stockholders of Regal Bancorp of the Agreement and receipt of the required approvals of the Bank Regulators described in Section 8.4, constitutes the valid and binding obligations of Regal Bancorp and Regal Bank, enforceable against Regal Bancorp and Regal Bank in accordance with its terms, subject to applicable bankruptcy, insolvency and similar laws affecting creditors’ rights generally, and as to Regal Bank, the conservatorship or receivership provisions of the FDIA, and subject, as to enforceability, to general principles of equity (the “Enforceability Exceptions”).
【参考訳】リーガル・バンコープおよびリーガル・バンクはそれぞれ、本契約を締結および引渡し、本契約に基づく義 務を履行し、本契約に企図された取引を完了する完全な企業権限および権限を有する。リーガル・バンコープおよびリーガル・バンクによる本契約の締結および引渡し、ならびにリーガル・バンコ ープおよびリーガル・バンクによる本合併および銀行合併を含む本契約に意図される取引の完了は、リーガル・バンコープ およびリーガル・バンクの取締役会によって正当にかつ有効に承認されています、 また、Regal Bancorp の株主による承認を除き、Regal Bancorp または Regal Bank の側では、本合併を含む本契約に含まれる取引を完了するために必要なその他の企業手続きは一切ありません。本契約は Regal Bancorp と Regal Bank により正当にかつ有効に締結され、交付され、銀行合併と銀行合併契約は Regal Bank の取締役会により、また Regal Bank の唯一の株主としての Regal Bancorp により正当にかつ有効に承認されており、Regal Bancorp の株主による本契約の承認と第 8 項に記載された銀行規制当局の必要な承認の受領を条件として、本契約は有効かつ拘束力を有します。
