NJDOBI definition
Examples of NJDOBI in a sentence
Bogota has filed all reports, schedules, registration statements and other documents that it has been required to file since January 1, 2023 with the Federal Reserve Board, the FDIC, the NJDOBI and any other Governmental Entity, except where the failure to file such reports, schedules, registration statements and other documents, either individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect on Bogota.
In connection with the Closing, the parties hereto shall duly execute and deliver a bank merger certificate to the NJDOBI with respect to the Merger pursuant to applicable New Jersey law.
Bogota Savings Bank shall be the surviving institution in the Merger and shall continue to be governed by the rules and regulations of the FDIC and the NJDOBI and its name and separate corporate existence, with all of its rights, privileges, immunities, powers and franchises, shall continue unaffected by the Merger.
The Merger shall not be effective until and unless it is approved by the NJDOBI, the FDIC and the Federal Reserve Board.