First Financial definition
First Financial means First Financial Bank, in its capacity either as a Lender or in its individual capacity, as applicable, and its successors or assigns.
First Financial means First Financial Bank, N.A.
First Financial means First Financial Bank, in its capacity either as a Lender or in its individual capacity, as applicable, and its successors or assigns. “First Foundation” means First Foundation Bank, in its capacity either as a Lender or in its individual capacity, as applicable, and its successors or assigns. “First Lien Loan” means a Loan that is entitled to the benefit of a first lien and first priority perfected security interest on all or substantially all of the assets (net of any real estate) of the respective Obligors obligated in respect thereof, and which has the most senior pre-petition priority in any bankruptcy, reorganization, arrangement, insolvency, or liquidation proceedings, provided, however, that, in the case of accounts receivable and inventory (and the proceeds thereof), such lien and security interest may be second in priority to a Permitted Working Capital Lien; and further provided, that, as of any date of determination, the ratio of the principal amount of the Loan secured by such Permitted Working Capital Lien to TTM EBITDA of the Obligor is less than or equal to 1.0x, otherwise, such Loan will be deemed to be a Second Lien Loan. For the avoidance of doubt, in no event shall a First Lien Loan include a Last Out Loan, unless 100% of the interests in both the First Out Loan and the Last Out Loan are held by the Borrower or the Borrower and its Affiliates, in accordance with that certain exemptive order granted by the SEC to the Originator in July 2012 to the extent that such order remains applicable to Originator and its Affiliates. “First Lien Qualifying Covenant-Lite Loan” means a First Lien Loan which is a Qualifying Covenant-Lite Loan. “First Out Loan” means a Loan that (a) constitutes an Eligible Loan which is a First Lien Loan, (b) is secured on a pari passu basis with a Last Out Loan by a perfected, first priority security interest in all or substantially all of the assets of the related Obligor, and (c) following 27
Examples of First Financial in a sentence
First Financial Bank, National Association Borrowers: Environmental Quality Management, Inc.
Any restricted Stock of First Financial resulting from any stock dividend, recapitalization, merger, reorganization or similar event will also be held by First Financial or its agent.
Sufficiently in advance of each payment date to permit ADM to have federal funds available to it for the payment thereof, the Fund will transfer, or cause the Custodian to transfer, to ADM in its capacity as dividend disbursing agent, at First Financial Savings Bank, S.L.A. or at such bank or other financial institution as ADM with the consent of the Fund shall select, which may but need not be an affiliate of ADM, the total amount of the dividend or distribution currently payable.
This restriction shall apply as long as the Participant is an employee, consultant or director of First Financial or a Subsidiary.
Alternatively, if the Participant makes a proper Code Section 83(b) election, the Participant must notify First Financial in accordance with the requirements of Code Section 83(b) and promptly pay First Financial the applicable federal, state and local withholding taxes due with respect to the shares of restricted Stock subject to the election.
More Definitions of First Financial
First Financial. First Financial Equities, and its successors and assigns, in its capacity as Seller of First Financial Mortgage Loans.
First Financial means First Financial Bank, in its capacity either as a Lender or in its individual capacity, as applicable, and its successors or assigns. “First Foundation” means First Foundation Bank, in its capacity either as a Lender or in its individual capacity, as applicable, and its successors or assigns.
First Financial means First Financial Bancorp., or any successor thereto.
First Financial has an authorized capitalization of 10,000,000 shares of common stock of the par value of $10.00 per share, of which 5,012,133 shares are issued, outstanding, and fully paid as of the date of this Agreement.
First Financial. First Financial Equities, Inc., a New York corporation, and its successors and assigns, in its capacity as seller of the First Financial Mortgage Loans.
First Financial s ability to control the incremental non-interest expense from the acquired branches in a manner that enables it to maintain a favorable overall efficiency ratio; • First Financial’s ability to retain and attract the appropriate personnel to staff the acquired branches; and • First Financial’s ability to earn acceptable levels of interest and non-interest income, including fee income, from the acquired branches. Integrating the acquired branches will be an operation of substantial size and expense and may be affected by general market and economic conditions or government actions affecting the financial industry generally. Integration efforts will also likely divert First Financial’s management’s attention and resources. No assurance can be given that First Financial will be able to integrate the acquired branches successfully, and the integration process could result in the loss of key employees, the disruption of ongoing business, or inconsistencies in standards, controls, procedures, and policies that adversely affect First Financial’s ability to maintain relationships with clients, customers, depositors and employees or to achieve the anticipated benefits of the merger. First Financial may also encounter unexpected difficulties or costs during the integration that could adversely affect its earnings and financial condition, perhaps materially. Additionally, no assurance can be given that the operation of the acquired branches will not adversely affect First Financial’s existing profitability, that First Financial will be able to achieve results in the future similar to those achieved by its existing banking business, or that First Financial will be able to manage any growth resulting from the merger effectively.
First Financial. First Financial Equities, Inc., a New York corporation, or any successor thereto.