First Interstate definition

First Interstate means First Interstate Bancorp, a Delaware corporation.

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First Interstate means the consolidated group of companies comprising First Interstate Bancorp.

First Interstate or "Company") and First Bank System, Inc. ("First Bank") are proposing to enter into an Agreement and Plan of Merger (the "Proposed Merger Agreement"), which will provide, among other things, for the merger of First Interstate with First Bank (the "Merger"). Pursuant to the Merger, each outstanding share of common stock of First Interstate (the "First Interstate Common Stock"), other than shares held in treasury or held by First Bank or any affiliate of First Bank or as to which dissenters' rights have been perfected, will be converted into 2.60 shares (the "First Bank Exchange Ratio") of common stock of First Bank (the "First Bank Common Stock"). Based on the closing price of First Bank Common Stock on November 3, 1995, the indicated value of the First Bank Exchange Ratio ▇▇▇▇ be $132.28 per share of First Interstate Common Stock. You have asked for our opinion as to whether the First Bank Exchange Ratio pursuant to the Proposed Merger Agreement is fair from a financial point of view to holders of First Interstate Common Stock (other than First Bank and its affiliates). For purposes of the opinion set forth herein, we have:

Examples of First Interstate in a sentence

• For the purposes of this Agreement, notices and all other communications provided for in this Agreement shall be in writing and shall be deemed to have been duly given when delivered or mailed by certified or registered mail, return receipt requested, postage prepaid, addressed to the respective addresses set forth below: To the Employer: President and Chief Executive Officer First Interstate BancSystem, Inc.

• Participant hereby covenants and agrees that, during the Period of Restriction, Participant shall not, without the written consent of the Company, either directly or indirectly, (i) solicit, offer employment to, or take any other action intended (or that a reasonable person acting in like circumstances would expect) to have the effect of causing any officer or employee of First Interstate BancSystem, Inc.

• Pursuant to Section 15.2 of the Plan, every Award issued pursuant to the Plan is subject to potential forfeiture or “clawback” to the fullest extent called for by applicable federal or state law or any policy of the Company, including the First Interstate BancSystem, Inc.

• This Agreement is subject to and will be construed in accordance with the terms and conditions of the First Interstate BancSystem, Inc.

• This Agreement is subject to and shall be construed in accordance with the terms and conditions of the First Interstate BancSystem, Inc.

• The parties agree to be bound by the terms and provisions of the current Arbitration Program of First Interstate Bank of Texas, N.A. which is incorporated by reference herein and is acknowledged as received by the parties, pursuant to which any and all disputes shall be resolved by mandatory binding arbitration upon the request of any party.

• First Interstate Bancorp, et al., No. 14696 (Delaware Court of Chancery), First Bank System, Inc.

• At least one such account shall be maintained at First Interstate Bank.

• Parent agrees to cause the repayment at the Closing of the outstanding indebtedness under the Loan Agreement, dated as of December 20, 1995 among the Company, the banks named therein and First Interstate Bank of California, as Agent, as amended.

• As a registered holder of the Shares, Investor will be a beneficiary under that certain Rights Agreement, dated as of February 26, 1992, between the Company and First Interstate Bank, Ltd.

More Definitions of First Interstate

First Interstate as defined in the recitals to this Agreement.

First Interstate s Board of Directors has pursued a course of conduct intended to and having the effect of making it extremely difficult for any outside party to successfully acquire First Interstate, even at prices well in excess of First Interstate stock's historical price range. This course of conduct has been undertaken by the defendants to secure and retain their lucrative positions of power, prestige and profit with respect to First Interstate and to enhance and aggrandize their own interests at the expense of First Interstate's other shareholders.

First Interstate or the "Company") against First Interstate's top officers and the members of the Board of Directors of First Interstate, seeking to remedy violations of state law arising out of these defendants' actions and conduct undertaken to defeat a highly favorable acquisition offer for First Interstate stock by ▇▇▇▇▇ Fargo & Co. ("▇▇▇▇▇ Fargo"). First Interstate's Board of Directors has pursued a course of conduct intended to and having the effect of making it extremely difficult for any outside party to successfully acquire First Interstate, even at prices well in excess of First Interstate stock's historical price range. This course of conduct has been undertaken by the defendants to secure and retain their lucrative positions of power, prestige and profit with respect to First Interstate and to enhance and aggrandize their own interests at the expense of First Interstate's other shareholders.

First Interstate. Bank", "Banks", "Agent", "NCNB", "Fourth Amended and Restated Loan Agreement", "Third Amended and Restated Loan Agreement", "Second Amended and Restated Loan Agreement", "February 1989 Agreement", "MBank", "1994 Revolving Loan", "1994 Term Loan", "New Lenders", and "Assignments" shall have the meanings assigned to them above, (b) the terms "▇▇▇▇▇ Fargo", "Cementerios", "Funerarias", "Puerto Rico Entity Notes", "Puerto Rico Loan Agreement", "Puerto Rico Entity Loans" and "Puerto Rico Guarantees" shall have the meanings assigned to them in the recitals set forth in that certain First Amendment to Fifth Amended and Restated Loan Agreement dated as of October 31, 1996, by and among Borrower, Agent and Banks, amending this Agreement, and (c) the terms set forth in this Article I shall have the meanings assigned to them below: