Bank Acquisition definition

Bank Acquisition means an acquisition permitted hereunder by any Credit Party or a Bank Subsidiary (all of the Capital Stock of which is owned directly by the Initial Borrower) of (a) all of the Capital Stock of a Person that is a regulated depository institution and which becomes a Bank Subsidiary and (b) all or substantially all of the assets of a regulated depository institution.
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Examples of Bank Acquisition in a sentence

  • Neither NASB Holding, NASB Bank, Acquisition Sub nor any of their respective Subsidiaries, nor any of their respective officers, directors, employees or agents, has employed any broker or finder or incurred any liability for any financial advisory fees, brokerage fees, commissions or finder's fees, and no broker or finder has acted directly or indirectly for NASB Holding, NASB Bank or any of their respective Subsidiaries in connection with this Agreement or the transactions contemplated hereby.

  • A competitive and sustainable European Union is reliant upon a healthy workforce and population.

  • No less than ninety (90) days after the occurrence of a Bank Acquisition, BofA or a Company may, upon thirty (30) days prior notice to the Affected Bank, designate a Replacement Bank; provided, however, that BofA shall, for a period of ninety (90) days after such notice, have the option to become the Replacement Bank.

  • This Agreement shall be submitted to the shareholders of First Bank and, if required, to Bancshares as the sole shareholder of Acquisition and Bayshore in accordance with applicable provisions of law and the respective Articles of Association and Bylaws of First Bank, Acquisition and Bayshore.

  • In addition to the foregoing, the Bank shall not submit to the vote of its stockholders any Bank Acquisition Proposal in addition to or in lieu of the Merger.

  • The proceeds of the advances under the Line shall be used to acquire issued and outstanding shares in the Valley Bank of Arizona, a state chartered commercial bank located in Phoenix, Arizona (the "Phoenix Bank"; "Acquisition"), the effect of which Acquisition will provide Borrower with an ownership interest in Phoenix Bank approximating fifty per cent.

  • The aggregate consideration for the Additional Shares issued in connection with the Depository Bank Acquisition and/or one or more Alternate Acquisitions shall be an amount equal to Four Million Five Hundred Thousand Dollars ($4,500,000).

  • S▇▇▇▇▇, ▇▇ ▇▇▇▇er ▇▇ ▇▇▇▇, ▇▇ ▇▇▇ attorneys-in-fact for such director and executive officer to vote the shares of UVHC held in his name (or to instruct the record holder of any such shares held in nominee name for his benefit) for approval of the Plan, the Merger and the Bank Acquisition.

  • On the Effective Date (as hereinafter defined), all of the issued and outstanding Common Stock, par value $1.00 per share, of the Bank ("Bank Common Stock") will be acquired automatically in a single transaction by the Company in accordance with the Bank Acquisition Act and the terms and conditions of this Plan.

  • The Bank shall keep Purchaser informed (orally and in writing) in all material respects on a timely basis of the status (including after the occurrence of any material amendment or modification) of any such Bank Acquisition Proposal or request and shall provide Purchaser with copies of all material documentation and correspondence related thereto.