Financial Institution Subsidiary definition

Financial Institution Subsidiary means each of (a) those Financial Institution Subsidiaries set forth on Schedule 4.12 and designated as a “Financial Institution Subsidiary” and (b) each other Subsidiary hereafter formed or acquired that is a regulated financial institution.
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Financial Institution Subsidiary means Parkvale Savings Bank and each other subsidiary of the Borrower, whether existing or hereafter formed or acquired, that is a regulated financial institution.
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Financial Institution Subsidiary means: (1) a financial institution that is controlled by a financial institution holding company, or (2) a financial institution holding company that is controlled by another holding company.
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Examples of Financial Institution Subsidiary in a sentence

  • The deposits of each Financial Institution Subsidiary that is an “insured depository institution” (within the meaning of § 12 U.

  • Schedule 4.12 sets forth the name of, the ownership interest of the Borrower in, and the jurisdiction of incorporation of Financial Institution Subsidiary and each other Subsidiary, in each case as of the Closing Date.

  • On the Closing Date, both the Borrower and each Financial Institution Subsidiary have been, or are deemed to have been, notified by the appropriate Governmental Authority having regulatory authority over each of them that each of them is “well capitalized”, as determined in accordance with any regulations established by such Governmental Authority.

  • The deposit accounts of each Financial Institution Subsidiary are insured up to the applicable limits by the Deposit Insurance Fund of the FDIC to the fullest extent permitted by law and the rules and regulations of the FDIC, and no proceeding for the revocation or termination of such insurance is pending or, to the knowledge of the Borrower, threatened in writing.

  • Schedule 4.12 sets forth the name of, the ownership interest of the Borrower in, and the jurisdiction of incorporation of, each Financial Institution Subsidiary and each other Subsidiary, in each case as of the Closing Date.


More Definitions of Financial Institution Subsidiary

Financial Institution Subsidiary means WesBanco Bank, Inc. and each other banking subsidiary of the Borrower, whether existing or hereafter formed or acquired, that is a regulated financial institution.
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Financial Institution Subsidiary means each of (a) Pinnacle National Bank, and (b) each other Subsidiary existing on the Closing Date or hereafter formed or acquired that is a depository institution with FDIC-insured deposits.
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Financial Institution Subsidiary means each of (a) the financial institutions listed under the heading "Bank Subsidiaries" on Schedule 4.12 attached hereto, and (b) each other Subsidiary hereafter formed or acquired that is a regulated financial institution.
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Financial Institution Subsidiary means the Bank and any other FDIC-insured financial institution that is directly or indirectly owned by Borrower.
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Financial Institution Subsidiary means each of (a) the Thrift, and (b) each other Subsidiary hereafter formed or acquired that is a regulated financial institution.
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Financial Institution Subsidiary means each of Cadence and each other Subsidiary hereafter formed or acquired that is a regulated financial institution.
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Financial Institution Subsidiary means Rockland Trust Company and each other banking subsidiary of the Borrower, whether existing or hereafter formed or acquired, that is a regulated financial institution.
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