CVBK definition
Examples of CVBK in a sentence
In addition, each of CFFI and CVBK shall furnish to the other Party for review a copy of each such filing made in connection with the transactions contemplated by this Agreement with any Regulatory Authority prior to its filing.
CVBK is a corporation duly organized, validly existing, and in good standing under the Laws of the Commonwealth of Virginia and is duly registered as a bank holding company under the BHC Act, and Central Virginia Bank is a wholly-owned Subsidiary of CVBK and is a bank duly organized, validly existing and in good standing under the Laws of the Commonwealth of Virginia.
None of the CVBK Entities serves in a capacity described in Section 9(a) or 9(b) of the Investment Company Act of 1940, as amended, nor acts as an “investment adviser” required to register as such under the Investment Advisers Act of 1940, as amended.
No CVBK Benefit Plan provides for any gross-up payments for any current or former employee, officer, retiree, director or independent contractor of any CVBK Entity or their dependents, spouses or beneficiaries to cover any liability for tax under Code Section 4999 or 409A or similar Laws, including state Laws.
CVBK and its Subsidiaries are in full compliance with the terms of all regulatory agreements, including the formal agreement among the Federal Reserve Bank of Richmond, the VSCC, CVBK and its Subsidiaries, and there have been no material adverse changes or developments with respect to such agreements.
Since January 1, 2009, the CVBK Entities have timely filed all reports and statements, together with any amendments required to be made with respect thereto, that they were required to file with Regulatory Authorities.
Except as provided in Section 8.2(a), the CVBK Proxy Statement, and any amendment or supplement thereto, shall include the Board Recommendation.
In the event that the Board of Directors of CVBK does not make the determination referred to in clause (iv) of this paragraph and thereafter seeks to effect a Change in Recommendation, the procedures referred to above shall apply anew and shall also apply to any subsequent Change in Recommendation.
Since January 30, 2009, none of the CVBK Entities has Knowledge of, or has received notice of, (a) any violations of such requirements or limitations or (b) any investigation or inquiry regarding any potential violations of such requirements or limitations.
CVBK shall be responsible for and pay in a timely manner all sales, use, value added, documentary, stamp, gross receipts, registration, transfer, conveyance, excise, recording, license and other similar Taxes and fees, if any, arising out of or in connection with or attributable to the transactions effected pursuant to this Agreement and, pursuant to applicable law, is the responsibility of CFFI, CVBK or CFFI Merger Sub.