Common use of Regulatory Capitalization Clause in Contracts

Regulatory Capitalization. The Company Bank is, and as of the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bancorp Rhode Island Inc), Agreement and Plan of Merger (Brookline Bancorp Inc)

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Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Northeast Bancorp /Me/), Agreement and Plan of Merger (Merrill Merchants Bancshares Inc)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDICapplicable to it, as amended from time to time. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB, as amended from time to time.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Commonwealth Financial Corp /Pa/), Agreement and Plan of Merger (DCB Financial Corp)

Regulatory Capitalization. The Company Bank is, and as of the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDICOCC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Samples: Separation Agreement and Release (Randolph Bancorp, Inc.), Agreement and Plan of Merger (Camden National Corp)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDICOCC, as amended from time to time. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB, as amended from time to time.

Appears in 2 contracts

Samples: Employment Agreement (Alliance Financial Corp /Ny/), Employment Agreement (NBT Bancorp Inc)

Regulatory Capitalization. The Company Bank is, and as of immediately prior to the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Union Bankshares Co/Me), Agreement and Plan of Merger (Camden National Corp)

Regulatory Capitalization. The Company and the Company Bank isare, and as of immediately prior to the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FRB and the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Brookline Bancorp Inc), Agreement and Plan of Merger (PCSB Financial Corp)

Regulatory Capitalization. The Company Bank is, and as of immediately prior to the Effective Time will be, "well capitalized," ”, as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (People's United Financial, Inc.), Agreement and Plan of Merger (LSB Corp)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Independent Bank Corp)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDICOCC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Danvers Bancorp, Inc.)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Slades Ferry Bancorp)

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Regulatory Capitalization. The Company Bank is, and as of the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Orrstown Financial Services Inc)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, "well capitalized," ”, as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Massbank Corp)

Regulatory Capitalization. The Company Bank is, and as of the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB12 C.F.R. § 225.2(r)(1).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Coastway Bancorp, Inc.)

Regulatory Capitalization. The Company Bank is, and as of the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Orrstown Financial Services Inc)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDICOCC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Beverly National Corp)

Regulatory Capitalization. The Company Bank is, and as of the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" ,” as such term is defined in the rules applicable laws and regulations promulgated by of the FRBNew York Department of Financial Services and the FDIC, as amended from time to time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (CNB Financial Corp/Pa)

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