Common use of Regulatory Capitalization Clause in Contracts

Regulatory Capitalization. Buyer Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDIC. Buyer is, and immediately after the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 4 contracts

Samples: Separation Agreement and Release (Randolph Bancorp, Inc.), Agreement and Plan of Merger (Beverly National Corp), Agreement and Plan of Merger (Union Bankshares Co/Me)

AutoNDA by SimpleDocs

Regulatory Capitalization. Buyer Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDICFRB. Buyer is, and immediately after 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 (Orrstown Financial Services Inc), Agreement and Plan of Merger (Orrstown Financial Services Inc)

Regulatory Capitalization. The Buyer Bank is, and 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. Buyer is, and immediately after 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 Buyer Bank is, and 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. Buyer is, and immediately after 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 (NBT Bancorp Inc), Employment Agreement (Alliance Financial Corp /Ny/)

Regulatory Capitalization. Buyer Bank isand the Buyer Banks are, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDIC. Buyer is, and immediately after 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 (PCSB Financial Corp), Agreement and Plan of Merger (Brookline Bancorp Inc)

Regulatory Capitalization. The Buyer Bank isBanks are, and immediately after the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDICOTS and the OCC. Buyer is, and immediately after 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)

Regulatory Capitalization. Buyer Bank is, and immediately after the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. Buyer is, and immediately after 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. Buyer The Seller Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDIC. Buyer is, and immediately after the Effective Time will be, The Seller would 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 (Boston Private Financial Holdings Inc)

AutoNDA by SimpleDocs

Regulatory Capitalization. Buyer Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDICOCC. Buyer is, and immediately after 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 (Camden National Corp)

Regulatory Capitalization. Buyer Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDIC. Buyer is, and immediately after 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. Buyer Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the Prompt Corrective Action rules and regulations promulgated by the FDICFRB. Buyer is, and immediately after the Effective Time will be, a “well capitalized” bank holding company as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

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

Regulatory Capitalization. The Buyer Bank isBanks are, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDIC. Buyer is, and immediately after 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 (Merrill Merchants Bancshares Inc)

Regulatory Capitalization. Buyer Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDIC. Buyer is, and immediately after 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)

Time is Money Join Law Insider Premium to draft better contracts faster.