Company: HBAN
Filing Date: 2025-07-21
Form Type: S-4
Source: 0001140361-25-026508
Chunk: 110

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-21
Form: S-4
Chunk 110
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 by Veritex with respect to:

| • | environmental matters; |

| • | real property; |

| • | intellectual property; |

| • | takeover restrictions; |

| • | insurance matters; |

| • | absence of investment adviser subsidiaries; |

| • | the opinion of Veritex’s financial advisor; |

| • | loan portfolio matters; and |

| • | absence of broker-dealer subsidiaries. |

The merger agreement contains the additional representation and warranty by Huntington with respect to:

| • | information technology. |

Certain representations and warranties of Huntington and Veritex are qualified as to “materiality” or “material adverse effect.” For purposes of the merger agreement, a “material adverse effect,” when used in reference to either Huntington, Veritex or the combined company, means any effect, change, event, circumstance, condition, occurrence or development that, either individually or in the aggregate, has had or would reasonably be likely to have a material adverse effect on (i) the business, properties, assets, liabilities, results of operations or financial condition of such party and its subsidiaries, taken as a whole, or (ii) the ability of such party to timely consummate the transactions contemplated by the merger agreement.

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However, a material adverse effect will not be deemed to include the impact of or effects arising from:

| • | changes, after the date of the merger agreement, in U.S. generally accepted accounting principles or applicable regulatory accounting requirements or interpretations thereof; |

| • | changes, after the date of the merger agreement, in laws, rules or regulations of general applicability to companies in the industries in which such party and its subsidiaries operate, or interpretations thereof by courts or governmental entities; |

| • | changes, after the date of the merger agreement, in global, national or regional political conditions (including the outbreak, continuation or escalation of war or acts of terrorism or cyberattacks) or in economic or market conditions (including equity, credit and debt markets, as well as changes in interest rates) affecting the financial services industry generally and not specifically relating to such party or its subsidiaries; |

| • | any international tariffs, trade policies or similar “trade” actions; |

| • | changes, after the date of the merger agreement, resulting from hurricanes, earthquakes, tornados, floods, wildfires or other natural disasters or from any outbreak of any disease, epidemic, pandemic or other public health event; |

| • | public disclosure of the execution of