CBIN definition

CBIN means Community Bank Shares of Indiana, Inc., an Indiana corporation.
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Examples of CBIN in a sentence

  • All other provisions of this Affiliate Agreement shall terminate upon the termination of the Agreement by CBIN or FFKY in accordance with its terms pursuant to Section 10.1 thereof.

  • The undersigned acknowledges that his or her breach of any covenant contained in this Section 5 will result in irreparable injury to CBIN and its Affiliates and that CBIN’s and the Affiliates’ remedy at Law for such a breach will be inadequate.

  • Thereafter, each such holder who received any CBIN Common Stock shall be treated as a holder of CBIN Common Stock for all purposes under the IBCL and the CBIN’s Articles of Incorporation and Bylaws, in each case as amended.

  • Section 1 of this Affiliate Agreement shall terminate upon the earlier to occur of (a) the termination of the Agreement by CBIN or FFKY in accordance with its terms pursuant to Section 10.1 thereof and (b) the Effective Time.

  • None of FFKY, CBIN or the Exchange Agent shall be liable to any Person in respect of any shares of CBIN Common Stock (or dividends or distributions with respect thereto) delivered to a public official pursuant to any applicable abandoned property, escheat or similar Law.

  • The undersigned further agrees that he or she will not, without the prior written consent of CBIN (which consent may be withheld for any reason or no reason), transfer any shares of FFKY Common Stock prior to the Effective Date, except by operation of law, by will, or under the laws of descent and distribution.

  • Accordingly, the undersigned agrees and consents that CBIN or any of its Affiliates, in addition to all other remedies available to any of them at Law, shall be entitled to seek both preliminary and permanent injunctions to prevent and/or halt a breach or threatened breach by the undersigned of any covenant contained in this Section 5.

  • The rights and remedies of CBIN and its Affiliates under this Section 5 are in addition to, and cumulative of, any other rights and remedies that CBIN and its Affiliates may have by Law with respect to this Agreement.

  • For the purposes of such deposit, the CBIN shall assume that there will not be any fractional shares of CBIN Common Stock issued as part of the Common Stock Consideration.

  • As soon as practicable following the date of this Agreement and in any event not less than three days prior to dissemination of the FFKY Proxy Statement, CBIN shall appoint the Exchange Agent to act as exchange agent for payment of the Common Stock Consideration upon surrender of certificates representing FFKY Common Stock.