Banking Acts definition

Banking Acts means the Federal Deposit Insurance Act, as amended; the National Bank Act, as amended; the Federal Reserve Act, as amended; the Bank Holding Company Act of 1956, as amended; the Homeowners Loan Act, as amended, or the rules, regulations and written interpretations by the regulatory authority relating thereto or any other law, rule, regulation or written interpretation by such regulatory authority applicable to a bank, a bank holding company, savings and loan association, savings association holding company or any Affiliate thereof; and 13 C.F.R. §107.460.

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Banking Acts means the Bank and Credit Union Act (RSA 383-A), the Depository Bank Act (RSA 383-B), the Trust Company Act (RSA 383-C), and the Family Trust Company Act (RSA 383-D).

Banking Acts means the Federal Deposit Insurance Act, as amended; the National Bank Act, as amended; the Federal Reserve Act, as amended; the Bank Holding Company Act of 1956, as amended; the Homeowners Loan Act, as amended; the ▇▇▇▇-▇▇▇▇▇ ▇▇▇▇ Street Reform and Consumer Protection Act of 2010; Section 302(b) of the SBIC Act (15 U.S.C.§682(b)); and the rules, regulations and written interpretations by the regulatory authority relating thereto or any other law, rule, regulation or written interpretation by such regulatory authority applicable to a bank, a bank holding company, savings and loan association, savings association holding company or any Affiliate thereof.

Examples of Banking Acts in a sentence

The Supplier shall immediately notify the Client Representative in writing if any investigations are instituted unto the affairs of the Supplier, its partners or key managers under the Companies, Financial Services or Banking Acts, or in the event of any police or Serious Fraud Office enquiries, enquires into possible fraud, any involvement in DTI investigations or any investigations by the Office for the Supervision of Solicitors which might result in public criticism of the Supplier.
Upon receipt of such opinion, the General Partner shall, subject to SBA approval, either (i) effect such amendments as would enable such Limited Partner to be in compliance with the Banking Acts (as hereafter changed) without withdrawing from the Partnership; or (ii) permit the withdrawal of the Limited Partner and apply the provisions of Section 8.12; or (iii) dissolve the Partnership.
Alternatively, the Adversely Affected Banking Entity may, but shall not be required to, subject to compliance with the other provisions of this Agreement and assisted by the Partnership, sell that portion of its Limited Partnership interest which after the sale would result in the Adversely Affected Banking Entity being in compliance with the Banking Acts.
Alternatively, the Adversely Affected Banking Entity may, but shall not be required to, subject to compliance with the other provisions of this Agreement and assisted by the Partnership, sell that portion of its Special Limited Partnership interest which after the sale would result in the Adversely Affected Banking Entity being in compliance with the Banking Acts.
Upon receipt of such opinion, the General Partner shall, either (i) effect such amendments as would enable such Special Limited Partner to be in compliance with the Banking Acts (as hereafter changed) without withdrawing from the Partnership; or (ii) permit the withdrawal of the Special Limited Partner and apply the provisions of Section 4.28; or (iii) dissolve the Partnership.

More Definitions of Banking Acts

Banking Acts means the Bank and Credit Union Act (RSA 383-A), the

Banking Acts means the Federal Deposit Insurance Act, as amended; the National Bank Act, as amended; the Federal Reserve Act, as amended; the Bank Holding Company Act of 1956, as amended; the Change in Bank Control Act, as amended; the Homeowners Loan Act, as amended, or the rules, regulations and written interpretations by any financial institution regulatory authority relating thereto; or any other federal or state law, rule, regulation or written interpretation by any financial institution regulatory authority applicable to a bank, a bank holding company, savings bank, savings and loan association, savings bank or association holding company or any affiliate thereof.