Community Reinvestment Act Rating. If, prior to the Closing, the Bank is examined for compliance with the Community Reinvestment Act and receives a rating lower than “Satisfactory” or, if the report of examination is still pending on the date of the Closing, Acquirer is unable to satisfy itself that the Bank will receive a rating of Satisfactory or better.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Firstbank Corp), Agreement and Plan of Merger (Firstbank Corp)
Community Reinvestment Act Rating. If, prior to the Closing, the Bank is examined for compliance with the Community Reinvestment Act and receives a rating lower than “"Low Satisfactory” " or, if the report of examination is still pending on the date of the Closing, Acquirer Acquiror is unable to satisfy itself that the Bank will is reasonably likely to receive a rating of Low Satisfactory or better.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Chemical Financial Corp)
Community Reinvestment Act Rating. If, prior to the Closing, the Bank is examined for compliance with the Community Reinvestment Act and receives a rating lower than “Satisfactory” or, if the report of examination is still pending on the date of the Closing, Acquirer Dearborn is unable to satisfy itself that the Bank will receive a rating of Satisfactory or better.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Dearborn Bancorp Inc /Mi/)
