MBFI definition

MBFI means the Maine Bureau of Financial Institutions.
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MBFI has the meaning set forth in the preamble to this Agreement.
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Examples of MBFI in a sentence

  • Notwithstanding anything to the contrary contained herein, no certificates or scrip representing fractional shares of MBFI Common Stock shall be issued upon the surrender for exchange of Certificates, no dividend or distribution with respect to MBFI Common Stock shall be payable on or with respect to any fractional share interest, and such fractional share interest shall not entitle the owner thereof to vote or to any other rights of a shareholder of MBFI.

  • No financial institution Subsidiary of MBFI is subject to any regulatory or supervisory cease and desist order, assistance agreement, other agreement, written directive, memorandum of understanding or written commitment (other than those of general applicability to commercial banks issued by applicable Regulatory Authorities) and has not received any written communication requesting that it enter into any of the foregoing.

  • Each MBFI Subsidiary that acts in a fiduciary capacity has properly administered all accounts for which it acts as a fiduciary or agent, including but not limited to accounts for which it serves as a trustee, agent, custodian, personal representative, guardian, conservator or investment advisor, in accordance with the terms of the governing documents and applicable state and federal law and regulation and common law.

  • If, however, the MBFI Parties or any of their respective affiliates is a party to such transaction, then the $2,000,000 will not be payable to them hereunder and the expense reimbursement previously paid to them shall be returned to Seller and Seller Subsidiary upon consummation of such transaction.

  • Neither MBFI nor any of its Subsidiaries has received any notice or communication from any Governmental Authority asserting that MBFI or any of its Subsidiaries is not in compliance with any of the foregoing.

  • There are no actions, suits, claims or proceedings (civil, criminal or administrative) pending or, to the Knowledge of MBFI, any unasserted possible claim or threatened claim, against MBFI or any of its Subsidiaries or against any asset, interest or right of MBFI or any of its Subsidiaries, or against any officer, director or employee of MBFI or any of its Subsidiaries in such capacity.

  • All improved real property owned or leased by MBFI or any of its Subsidiaries is in compliance with all applicable laws including zoning laws and the Americans Disabilities Act.

  • Moreover, this subsection 7.16(d) shall not confer upon any Continuing Employee any rights or remedies hereunder and shall not constitute a contract of employment or create any rights, to be retained or otherwise, in employment at MBFI or any MBFI Subsidiary.

  • Neither MBFI nor any of its Subsidiaries is involved in or, to the Knowledge of MBFI, threatened with or affected by, any material labor dispute, material discrimination or sexual harassment claim, arbitration, lawsuit or administrative proceeding involving any of its employees which is material to the business or financial condition of MBFI or any of its Subsidiaries.

  • It is the intention MBFI to use, chose or retain, as applicable, the best practices, best systems, and best personnel of MB Bank and OB Bank, as applicable, after the Bank Merger.

Related to MBFI

  • CBI means Central Bureau of Investigation

  • FMS Means the provision by Cartrack to the Client of a real-time web-based system whereby the Client is able to position, monitor and obtain reports covering various aspects of driver and vehicle performance. This Service only applies where a GPS fleet management Unit is installed and is limited to the Territory, except if the Product specifically incorporates international data roaming, in which case the roaming data service will be provided in specified countries.

  • PBI means Pitney ▇▇▇▇▇ Inc. “Pitney ▇▇▇▇▇” means PBI and its subsidiaries. “We”, “our” or “us” refers to the Pitney ▇▇▇▇▇ companies with whom you’ve entered into the Order. “You” or “your” refers to the entity identified on the Order. “Meter” means any postage meter supplied by PBI under the Order, including (i) in the case of a Connect+®, a SendPro® P series or a SendPro C series mailing system, the postal security device that accounts for and enables postage to be purchased and printed (“PSD”), and (ii) in the case of all other mailing systems, the PSD, the user interface or keyboard and display and the print engine. “Meter Services” means access to the PSD to download, account for, and enable printing of postage within a PBI Postage Evidencing System as defined in Title 39, Part 501 of the Code of Federal Regulations (“CFR”); USPS mandated processes associated with the PSD, including registration, usage reporting and withdrawal; repair or replacement of the PSD as described in Section 26; and the Soft- Guard Program outlined in Section 28. “Equipment” means the equipment listed on the Order, excluding any Meter or standalone software. “Lease” means Lease terms and conditions set out in Sections 10 through 17. The provisions included in these Terms consist of: (i) General Terms; (ii) Lease Terms; (iii) a Service Level Agreement; (iv) Equipment Rental and Meter Services Terms; (v) an Acknowledgement of Deposit required by the United States Postal Service in any transaction involving a Meter; (vi) Purchase Power® Terms for a limited purpose credit line that may be available to you; and (vii) provisions relating to specific products.

  • Company Bank has the meaning set forth in the preamble to this Agreement.

  • SBI means State Bank of India (Client) having its Corporate Centre at Madame Cama Road, Nariman Point, Mumbai- 400 021 and its representative Local Head Offices/Administrative Offices/Regional Business Offices/Branches at various places across India and includes the client’s representatives, successors and assigns.