FNBI definition
Examples of FNBI in a sentence
COMPLETION OF INFORMATION AND SIGNATURES FOR TRANSFER SUPPLEMENT Re: Participation and Servicing Agreement, dated December 29, 2008 between the Federal Deposit Insurance Corporation as Receiver for First National Bank of Nevada and FNBI I, LLC, a (as the same may be amended, modified or supplemented from time to time, the “Participation Agreement”).
No investigation by FNBI and the Bank of the business and affairs of Trust Company shall affect or be deemed to modify or waive any representation, warranty, covenant or agreement in this Agreement, or the conditions to any party's obligation to consummate the transactions contemplated by this Agreement.
The obligation of ABC to extend the Capital Loan to FNBI shall terminate on the date of the termination of the Merger Agreement in the event the Merger Agreement is terminated (a) pursuant to any of Sections 9.1(d)(ii), 9.1(h) or 9.1(i) thereof or (b) by ABC as a result of a willful breach by FNBI of any of its covenants, agreements, representations or warranties set forth in the Merger Agreement, and shall otherwise terminate on the 60th day following the date of termination of the Merger Agreement.
Each of Trust Company, FNBI and the Bank agrees that it will not, without the prior approval of the other parties hereto, issue any press release or written statement relating to the transactions contemplated hereby, except as otherwise required by applicable law or regulation or the rules of any applicable Governmental Authority or Self-Regulatory Organization.
Trust Company has made available to representatives of FNBI and the Bank true and complete copies of trust, agency, custodial and similar agreements with its Clients.
However, because the shares of FNBI Common Stock to be issued in connection with the Merger will be issued in a transaction that is exempt from the registration requirements of Section 5 of the Securities Act, under Section 3(b) and/or 4(2) of the Securities Act and Regulation D promulgated thereunder, the FNBI Common Stock acquired by Trust Company shareholders in the Merger will be bear restrictions upon transfer.
Such restrictions will limit the ability of such holders to resell such FNBI Common Shares for a period of at least one year.
Two separate REMIC L Regular Interests, constituting beneficial ownership interests in REMIC L, will be issued on the Closing Date, and such REMIC L Regular Interests shall be designated as "REMIC L Regular Interest FNB-I" and "REMIC L Regular Interest FNB-II", respectively.
True and complete copies of all Compensation Plans, including, but not limited to, any trust instruments and/or insurance Contracts, if any, forming a part thereof, and all amendments thereto have been made available to representatives of FNBI and the Bank.
In addition, Shareholder may be relieved of his/her duties under Section 1 hereof if the Agreement has been terminated in connection with Section 8.01(e) and FNBI has been paid the Termination Fee required under such Section.