Application for Conversion definition
Examples of Application for Conversion in a sentence
The Bank, the Company and their counsel will draft the Registration Statement, Application for Conversion, Prospectus and other documents to be used in connection with the Conversion.
The forms required under this subpart include: Form AC (Application for Conversion); Form PS (Proxy Statement); Form OC (Offering Cir- cular); and Form OF (Order Form).
The Mutual Holding Company, the Mid-Tier Holding Company and the Bank will again cause to be published, in accordance with the requirements of applicable regulations of the OTS, a notice of the filing with the OTS of an application to convert the Mutual Holding Company from mutual to stock form and will post the notice of the filing for the Application for Conversion in each of their offices.
Prior to filing the Registration Statement, Application for Conversion or any offering or other documents naming ▇▇▇▇ as the Bank's and the Company's financial advisor and marketing agent, ▇▇▇▇ and their representatives will undertake substantial investigations to learn about the Bank's business and operations ("due diligence review") in order to confirm information provided to us and to evaluate information to be contained in the Bank's and/or the Company's offering documents.
An application for the Conversion and Reorganization, including the Plan and all other requisite material (the "Application for Conversion"), shall be submitted to the OTS for approval.
After receipt of notice from the OTS to do so, the Mutual Holding Company and the Bank will post the notice of the filing of the Application for Conversion in each of their offices and will again cause to be published, in accordance with the requirements of applicable regulations of the OTS, a notice of the filing with the OTS of an application to convert the Mutual Holding Company from mutual to stock form.
The MHC also has filed a Letter Application for Conversion with the FRB (the “Conversion Application”).
In accordance with the regulations of the Office of Thrift Supervision ("OTS") governing the conversions of savings associations (the "Conversion Regulations"), the MHC has filed with the OTS an Application for Conversion on Form AC (the "Conversion Application"), including the prospectus, and has filed such amendments thereto, if any, as may have been required by the OTS.
In addition, the Holding Company has filed with the Massachusetts Division of Banks (the “Division”) an Application for Conversion (the “Massachusetts Application”), and such amendments and supplements thereto as may have been required by the Division.
Any ▇▇▇▇▇▇▇ Money accepted ☐ is ☐ is not required to be placed in a separate trust or escrow account in accordance with New Jersey law.