Common use of Dividends, Distributions, and Other Payments Clause in Contracts

Dividends, Distributions, and Other Payments. 2. (a) Bancshares shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation (the "Director") of the Board of Governors.

Appears in 2 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov

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Dividends, Distributions, and Other Payments. 2. (a) Bancshares Bancorp shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation (the "Director") of the Board of Governors.

Appears in 1 contract

Samples: First National Community Bancorp Inc

Dividends, Distributions, and Other Payments. 2. (a) Bancshares Cadence shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation (the "Director") of the Board of GovernorsGovernors (the “Director”).

Appears in 1 contract

Samples: Cadence Financial Corp

Dividends, Distributions, and Other Payments. 2. (a) Bancshares Bancorp shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation of the Board of Governors (the "Director") of the Board of Governors).

Appears in 1 contract

Samples: www.federalreserve.gov

Dividends, Distributions, and Other Payments. 2. (a) Bancshares Bancorp shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation (the "Director") of the Board of Governors.

Appears in 1 contract

Samples: www.federalreserve.gov

Dividends, Distributions, and Other Payments. 2. (a) Bancshares shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation (the "Director") of the Board of Governors of the Federal Reserve System (the “Board of Governors”).

Appears in 1 contract

Samples: www.federalreserve.gov

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Dividends, Distributions, and Other Payments. 2. (a) Bancshares shall not declare or pay any dividends without the prior written approval of the Reserve Bank and Bank, the Director of the Division of Banking Supervision and Regulation (the "Director") of the Board of Governors., and the Commissioner.[PageBreak]

Appears in 1 contract

Samples: www.federalreserve.gov

Dividends, Distributions, and Other Payments. 2. (a) Bancshares shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation of the Board of Governors (the "Director") of the Board of Governors).

Appears in 1 contract

Samples: www.federalreserve.gov

Dividends, Distributions, and Other Payments. 2. (a) Bancshares Cadence shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation of the Board of Governors (the "Director") of the Board of Governors).

Appears in 1 contract

Samples: www.federalreserve.gov

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