Examples of OBRE in a sentence
Regulations of the OBRE and the FDIC limit acquisitions, and offers to acquire, direct or indirect beneficial ownership of 10% or more of any class of an equity security of the Savings Bank or the Holding Company.
The Purchase Price may be changed by the Company after consultation with the Agent, subject to such approval of the OBRE and FDIC and declaration of effectiveness of an amendment to the Prospectus by the Commission as may be required.
On the basis of a preliminary appraisal by RP Financial, LC ("RP"), which has been reviewed by the OBRE and the FDIC, a minimum of 459,000 and a maximum of 621,000 shares will be offered in the Conversion.
Buyer shall use its reasonable best efforts to file within thirty (30) days from the date hereof all applications, notices, requests for authorization or other documents with the appropriate federal or state bank regulatory authorities, including, but not limited to, the OBRE, the OCC, the Federal Reserve Board and the FDIC, necessary to consummate the Merger, the Related Mergers and all other transactions contemplated by this Agreement (the "Regulatory Applications").
For purposes of this ORDER, "senior executive officer" is defined as in section 32 of the FDI Act ("section 32"), 12 U.S.C. Section 1831(i), and section 303.101(b) of the FDIC Rules and Regulations, 12 C.F.R. Section 303.101(b), and includes any person identified by the OBRE or the FDIC, whether or not hired as an employee, with significant influence over, or who participates in, major policymaking decisions of the Bank.
In accordance with FDIC and OBRE rules, the Plan provides that non-transferable subscription rights to purchase Holding Company Stock in the subscription offering will be offered first to Eligible Account Holders of record as of the Eligibility Record Date, then to Supplemental Eligible Account Holders of record as of the Supplemental Eligibility Record Date, then to Other Members, and then to directors, officers and employees.
Any changes requested to be made by the OBRE and the FDIC shall be made prior to dissemination of the description, communication, notice, or statement.
The Bank will continue to be subject to comprehensive regulation and examination by the OBRE and the FDIC.
The Plan will be submitted to a vote of the Members at the Special Meeting following approval of the Plan by the OBRE and receipt of a non-objection by the FDIC.
The term "acting in concert" shall have the same meaning given it in 12 C.F.R. ss.574.2(c), as applied by the OBRE and the FDIC, and as reasonably interpreted solely within the discretion of the Boards of Directors of the Savings Bank and the Holding Company.