Financial Institutions Code definition
Examples of Financial Institutions Code in a sentence
Pursuant to and with the effects provided in the applicable provisions of Article 1, Part 10 of the Financial Institutions Code of Georgia (the “Georgia Code”) and Title 34 of the South Carolina Code of Laws (the “South Carolina Code”), Tidelands Bank (sometimes referred to as the “Merged Bank”) shall be merged with and into United Community Bank (the “Bank Merger”).
Concurrent with the consummation of the Company Merger, Target Bank shall be merged with and into Purchaser Bank in accordance with the Financial Institutions Code of Georgia pursuant to the terms and conditions of the Bank Agreement and Plan of Merger and Merger Agreement attached hereto as Exhibit A.
The manner and basis of exchanging shares of Bank Common Stock for shares of Company Common Stock, excluding those shares of Bank Common Stock held by shareholders who have perfected their dissenters’ rights under the applicable provisions of the Financial Institutions Code of Georgia, O.C.G.A. § 7-1-537, and the Georgia Business Corporations Code, O.C.G.A. § 14-2-1301 et seq.
Simultaneously with the consummation of the Company Merger, each of the Target Banks shall be merged with and into Purchaser Bank in accordance with the Financial Institutions Code of Georgia pursuant to the terms and conditions of the Bank Plan of Merger and Merger Agreement attached hereto as Exhibit 1.2 (the “Bank Merger Agreement”).
Pursuant to the provisions of the Financial Institutions Code of Georgia, as amended (the “Financial Institutions Code”), and other applicable provisions of Georgia law, Interim shall be merged with and into the Bank.
Pursuant to the provisions of the Financial Institutions Code of Georgia, as amended (the "Financial Institutions Code"), and other applicable provisions of Georgia law, Interim shall be merged with and into the Bank.
Subject to the terms and conditions of this Plan of Bank Merger, at the time the Bank Merger becomes effective under applicable law (the “Effective Time”), Company Bank shall be merged with and into Buyer Bank in accordance with the provisions of and with the effect provided in the Financial Institutions Code of Florida, as well as Arkansas Code Annotated §§ ▇▇-▇▇-▇▇▇, ▇▇-▇▇-▇▇▇ et seq.
The manner and basis of converting shares of Bank Stock into shares of Company Stock, excluding those shares of Bank Stock held by shareholders who have perfected dissenters’ rights of appraisal under the applicable provisions of the Financial Institutions Code, O.C.G.A. § 7-1-537, and the Georgia Business Corporations Code, O.C.G.A. § 14-2-1301 et seq.
Subject to the terms and conditions of this Agreement, Target shall be merged with and into ASB with the effect provided in Section 7-1-536 of the Financial Institutions Code of Georgia (“FICG”) and Section 658.2953 of the Financial Institutions Code of Florida.
In addition, the parties hereto acknowledge and agree that, pursuant to the Sale and Servicing Agreement and the following provisions, the Servicer shall be responsible for the payment of all fees and expenses of the Trust, the Owner Trustee and the Indenture Trustee paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain any required license under the Pennsylvania Motor Vehicle Sales Finance Act and the Maryland Financial Institutions Code.