Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 466

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 466
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 or any segment thereof or individual loans), except as required by applicable law, regulation or policies imposed by any Governmental Entity;

(m) other than in the ordinary course of business, (A) change or revoke any material Tax election that is material to Parent and its Subsidiaries, taken as a whole, on any Tax Return filed on or after the date of this Agreement, except as a result of, or in response to, any changes in U.S. federal Tax laws or regulations or administrative guidance promulgated or issued thereunder, (B) change an annual Tax accounting period, which change is material to Parent and its Subsidiaries, taken as a whole, (C) file any material amended Tax Return with respect to an amount of Taxes that is material to Parent and its Subsidiaries, taken as a whole, or (D) enter into any closing agreement with respect to an amount of Taxes that is material to Parent and its Subsidiaries, taken as a whole;

(n) merge or consolidate itself or any of its Subsidiaries with any other person, or restructure, reorganize or completely or partially liquidate or dissolve it or any of its Subsidiaries;

(o) make or acquire any Loan or issue a commitment (or renew or extend an existing commitment), except to the extent approved by Parent Bank and committed to, in each case prior to the date hereof and set forth in Section 5.3(o) of the Parent Disclosure Schedule, outside of the ordinary course of business consistent with past practice or inconsistent with its lending policies and procedures as in effect as of the date of this Agreement or that would require approval by the Board of Directors of Parent Bank or committee thereof under the terms of its lending policies and procedures as in effect as of the date of this Agreement;

(p) make any capital expenditures that exceed by more than fifteen (15) percent in the aggregate the capital expenditures budget of Parent in effect on the date hereof as set forth on Section 5.3(p) of the Parent Disclosure Schedule;

(q) take any action or knowingly fail to take any action where such action or failure to act could reasonably be expected to prevent the Merger from qualifying as a “reorganization” within the meaning of Section 368(a) of the Code;

(r) take any action that is intended or expected to result in any of the conditions to the Merger set forth in Article VII not being satisfied or prevent