Definition of CBI Merger
means the merger of CBI with and into the Borrower, as more particularly described in Section 5.10 herein.
Examples of CBI Merger in a sentence
and the Alliance Merger will be the subject of separate but related regulatory applications.
The Conversion proceeds are intended to be used as a portion of the consideration for the
and the Alliance Merger and will also provide an immediate capital infusion into the Bank.
The Conversion, however, is not conditioned upon the consummation of either the
, the Alliance Merger, or both.
The Board of Directors believes the Conversion, the
and the Alliance Merger will enable the Bank to compete, expand and diversify more effectively in the financial services marketplace.
The Conversion, the
and the Alliance Merger are expected to close on the same date and at substantially the same time.