BHC Act definition

BHC Act means the Bank Holding Company Act of 1956, as amended.

BHC Act means the federal Bank Holding Company Act of 1956, as amended.

BHC Act has the meaning set forth in Section 3.1(b)(ii).

Examples of BHC Act in a sentence

• In the event that the Agent is a Covered Entity and the Agent or a BHC Act Affiliate of the Agent becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Agent are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

• HTLF has not elected to be treated as a financial holding company under the BHC Act and HTLF and each of its Subsidiaries other than HTLF Subsidiary Bank are engaged solely in activities permissible under section 4 of the BHC Act (12 U.S.C. § 1843) for a bank holding company that has not elected to be treated as a financial holding company.

• If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843).

• Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)).

• In the event that any Underwriter that is a Covered Entity or a BHC Act Affiliate of such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

More Definitions of BHC Act

BHC Act means the federal Bank Holding Company Act of 1956, as amended, and rules and regulations thereunder.

BHC Act. The United States Bank Holding Company Act of 1956, as amended, as the same may be further amended from time to time.

BHC Act means the Bank Holding Company Act of 1956, as amended, and the rules and regulations promulgated thereunder.

BHC Act means the federal Bank Holding Company Act of 1956, as amended, and the Federal Reserve regulations thereunder.

BHC Act means the federal Bank Holding Company Act of 1956, as amended, 12 U.S.C. § 1841, et. seq.

BHC Act means the U.S. federal Bank Holding Company Act of 1956 and Federal Reserve rules and regulations thereunder.

BHC Act has the meaning set forth in Section 6.1.