Constituent Bank definition

Constituent Bank means a Subsidiary which is a Bank.
Constituent Bank means a party to a merger.
Constituent Bank means any Subsidiary that is a Bank.

Examples of Constituent Bank in a sentence

  • If the Director approves the merger application, FHFA shall provide written notice of the approval and any conditions to each Constituent Bank, as well as to each other Bank and the Office of Finance.

  • A Constituent Bank shall tabulate the votes cast im- mediately after the closing date.

  • The members of a Constituent Bank shall be considered to have ratified a merger agreement if a majority of votes cast in the election have been cast in favor of the ratification of the merger agree- ment.

  • The Constituent Bank, or the Continuing Bank, as appropriate, shall retain all ballots received for at least two years after the date of the elec- tion, and shall not disclose how any member voted.

  • The corporate existence of any Constituent Bank that is not a Con- tinuing Bank shall cease, unless other- wise provided in the merger agreement.

  • If the Direc- tor denies the merger application, FHFA shall provide written notice of the denial to each Constituent Bank, as well as to each other Bank and the Office of Finance, and the notice to the Constituent Banks shall include a statement of the reasons for the denial.§ 1278.6 Ratification by Bank Mem- bers.(a) Requirements for member vote.

  • If the Direc- tor denies the merger application, FHFA shall provide written notice of the denial to each Constituent Bank, as well as to each other Bank and the Office of Finance, and the notice to the Constituent Banks shall include a statement of the reasons for the denial.

  • The Company will not pledge, mortgage or hypothecate, or permit to exist any pledge, mortgage or hypothecation or other lien upon, any shares of Capital Stock of a Constituent Bank to secure any indebtedness for borrowed money without making effective provisions whereby the Securities shall be equally and ratably secured with any and all such indebtedness.

  • The Constituent Bank, or the Continuing Bank, as appropriate, shall retain all ballots received for at least two years after the date of the election, and shall not disclose how any member voted.

  • The corporate existence of any Constituent Bank that is not a Continuing Bank shall cease, unless otherwise provided in the merger agreement.


More Definitions of Constituent Bank

Constituent Bank. The term "Constituent Bank" means any Subsidiary that is a Bank.
Constituent Bank means a Subsidiary of the Issuer which is a Bank.
Constituent Bank means any Subsidiary which is a Bank with its principal office in Michigan.
Constituent Bank means a Bank that is proposing to merge with one or more other Banks. Each Bank entering into a merger is a Constituent Bank, re- gardless of whether it is also a Con- tinuing Bank.

Related to Constituent Bank

  • Constituent Company means an existing company that is participating in a merger or consolidation with one or more other existing companies;

  • Constituent entity means a merging entity or a surviv- ing entity in a merger.

  • Constituent corporation means any corporation which engages with the Company, its Parent or any Subsidiary in a transaction to which Section 424(a) of the Code applies (or would apply if the option assumed or substituted were an ISO), or any Parent or any Subsidiary of such corporation.

  • Constituent organization means an organization that is party to a merger.

  • Constituent Corporations has the meaning set forth in the second recital of this Agreement.

  • Constituent Person has the meaning specified in Section 5.6(b).

  • Constituent Documents means, with respect to any Person, (a) the articles of incorporation, certificate of incorporation, constitution or certificate of formation (or the equivalent organizational documents) of such Person, (b) the by-laws or operating agreement (or the equivalent governing documents) of such Person and (c) any document setting forth the manner of election or duties of the directors or managing members of such Person (if any) and the designation, amount or relative rights, limitations and preferences of any class or series of such Person’s Stock.

  • Constituent means any State resident or other person

  • Constituent Holder means any shareholder, collective investment fund included within a Qualifying Fund (as defined in paragraph (D) below) or beneficial holder whose stock ownership is counted for the purposes of qualifying as holding the Proxy Access Request Required Shares (as defined in paragraph (D) below) or qualifying as an Eligible Shareholder (as defined in paragraph (D) below);

  • Member bank means a national bank, state bank, or trust company which is a member of the United States federal reserve system.

  • Bank Subsidiary means the subsidiary or subsidiaries or the Bank which may from time to time be specified by the Bank to the Customer;

  • Parent Organizational Documents means the certificate of incorporation, bylaws (or equivalent organizational or governing documents), and other organizational or governing documents, agreements or arrangements, each as amended to date, of each of Parent and Acquisition Sub.

  • constituency means an Assembly constituency 2* * * ;

  • Constituent College means a college or institution established and maintained by the University;

  • Delaware Bank has the meaning specified in the preamble to this Trust Agreement.

  • New Organizational Documents means the documents providing for corporate governance of New Valaris Holdco and the Reorganized Debtors, including charters, bylaws, operating agreements, or other organizational documents or shareholders’ agreements, as applicable, consistent with section 1123(a)(6) of the Bankruptcy Code (as applicable).

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Merger Sub I has the meaning set forth in the Preamble.

  • Governing Documents means, with respect to any Person, such Person’s charter, articles or certificate of incorporation, limited partnership, formation or organization, bylaws, limited partnership agreement, limited liability company agreement or other documents or instruments which establish the rules, procedures and rights with respect to such Person’ governance, in each case as amended, restated, supplemented and/or modified and in effect as of the relevant date.

  • Subsidiary of the Company means any foreign or U.S. domestic corporation (other than the Company) in an unbroken chain of corporations beginning with the Company if each of the corporations other than the last corporation in the unbroken chain owns stock possessing 50 percent or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.

  • Merger Subsidiary has the meaning set forth in the preamble to this Agreement.

  • Articles of Incorporation means the Articles of Incorporation of the Company, as amended from time to time.

  • Merger Sub II has the meaning set forth in the Preamble.

  • Company Organizational Documents means the Certificate of Incorporation and Bylaws of the Company and any other organizational documents of the Company and any of its Subsidiaries, each as amended.

  • Surviving Bank has the meaning set forth in Section 1.03.

  • Parent Subsidiary means any Subsidiary of Parent.