CBI Merger definition

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

• The descriptive statistics for the LSM Questionnaire provided the following insights.

• It is anticipated that promptly following the effective time of the CBI Merger, City Bank will be merged with and into BancFirst in accordance with an Agreement and Plan of Reorganization and Merger substantially in the form attached hereto as Exhibit C (the "Bank Merger Agreement").

• The Borrower shall use the proceeds of the Line of Credit Facility for (i) the CBI Merger and the Capstone Merger and/or (ii) a capital injection into SmartBank or for its operating needs.

• I declare that I am concluding the insurance contract on my own account and the funds used to pay the premium are in my possession.

• CBI will cooperate with BancFirst, to assist BancFirst in filing and processing BancFirst's applications to all Federal and state regulatory agencies which have jurisdiction to approve the Acquisition, the CBI Merger and the Bank Merger.

• This instrument, together with the CBI Merger Agreement and the Bank Merger Agreement, constitutes the entire agreement between BancFirst and CBI and there are no agreements, understandings, warranties, or representations between the parties except as set forth herein and therein.

• BancFirst and CBI shall obtain each other's approval, which shall not be unreasonably withheld, before issuing any press releases or otherwise making any public statements with respect to the transactions contemplated by this Agreement, the CBI Merger Agreement and the Bank Merger Agreement, unless such disclosure is required by applicable law or regulation.

• BancFirst has sufficient capital to carry out the transactions contemplated by this Agreement, the CBI Merger Agreement and the Bank Merger Agreement, and such transactions as structured meet all known Federal and state bank regulatory guidelines.

• It is anticipated that promptly following the Effective Time, and subject to obtaining all required regulatory and shareholder approvals, CBI will be merged with and into BancFirst in accordance with the terms of an Agreement and Plan of Reorganization and Merger substantially in the form attached hereto as Exhibit B (the "CBI Merger Agreement").

• Source: HM Treasury (2017), Public Expenditure Statistical Analyses 2017 via CRA database (English local government current expenditure total less: 3.1 to 3.3; 9.1 to 9.6; 10.6).