Bank Proxy Statement definition
Examples of Bank Proxy Statement in a sentence
Acquiree Bank will advise Acquiror, promptly after it receives notice thereof, of the time when the Acquiree Bank Proxy Statement has been cleared for use by the OTS, or any request by the OTS for amendment of the Acquiree Bank Proxy Statement.
Upon request, Acquiror will furnish to Acquiree Bank the information required to be included in the Acquiree Bank Proxy Statement with respect to its business and affairs and shall have the right to review and consult with Acquiree Bank on the form of, and any characterizations of such information included in, the Acquiree Bank Proxy Statement prior to its being filed with the OTS.
Acquiror and Acquiree Bank shall use reasonable best efforts to have the Acquiree Bank Proxy Statement cleared for use by the OTS and to have the Acquiree Bank Proxy Statement mailed to Acquiree Bank's members as promptly as practicable thereafter.
Bank shall prepare promptly following the date of the Amendment an amended Bank Proxy Statement to reflect the terms of this Amendment.
The representations and warranties contained in this Section 5.10(a) will not apply to statements in or omissions from the Bank Proxy Statement based upon information furnished to the Bank in writing by Parent specifically for use therein.
Notwithstanding the foregoing, Parent shall have no responsibility for the truth or accuracy of any information with respect to GRB or any GRB Subsidiary or any of their Affiliates contained in the GRB Proxy Statement, the Bank Proxy Statement or in any document submitted to, or other communication with, any Regulatory Authority.
At the time the Bank Proxy Statement or any amendment or supplement thereto is first mailed to shareholders of the Bank, and at the time such shareholders vote on adoption of this Agreement and at the Effective Time, the Bank Proxy Statement, as supplemented or amended, if applicable, will not contain any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements made therein, in the light of the circumstances under which they were made, not misleading.
Notwithstanding the foregoing, GRB shall have no responsibility for the truth or accuracy of any information with respect to Parent or any of its Affiliates contained in the GRB Proxy Statement, the Bank Proxy Statement or in any document submitted to, or other communication with, any Regulatory Authority.
In advance of mailing the Bank Proxy Statement, the Bank shall provide Acquiror and its counsel with a copy of the Bank Proxy Statement and provide Acquiror and its counsel a reasonable opportunity to comment thereon.
Except as described in the Trinity Bank Proxy Statement, all such transactions (a) were made in the ordinary course of business, (b) were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other Persons, and (c) did not involve more than the normal risk of collectability or present other unfavorable features.