Panasia definition

Panasia means, collectively, Panasia Bank, National Association, a national banking association with its head office located in Fort Lee, New Jersey, and Panasia IC, ta▇▇▇ as a whole. Panasia Benefit Plan menas each of the plans, programs and arrangements listed on Panasia Disclosure Schedule 3.13(b).
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Panasia means Panasia Bank, a New Jersey state bank.
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Panasia in the definition of "Panasia ERISA Affiliate"). No benefit plan shall contain any exclusion or limitation with respect to any condition of any such employee (or beneficiary) in existence on or before the Closing Date (except to the extent that such exclusion or limitation was imposed under the applicable Panasia plan).
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Examples of Panasia in a sentence

  • To the Knowledge of Panasia, there is no fact or circumstance or set of facts or circumstances which would cause Panasia to fail to comply with such provisions in a manner which would have a Material Adverse Effect.

  • In no event shall the holder of any shares of Panasia Common Stock be entitled to receive interest on any of the funds to be received pursuant to the Acquisition.

  • Panasia has the right under leases of material properties used by Panasia in the conduct of its business to occupy and use all such properties in all material respects as presently occupied and used by it.

  • Panasia is duly licensed, registered or qualified to do business in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned or leased by it makes such licensing, registration or qualification necessary, except where the failure to be so licensed, registered or qualified will not have a Material Adverse Effect, and all such licenses, registrations and qualifications are in full force and effect in all material respects.

  • Executive acknowledges that NPB is a registered bank holding company engaged principally in the commercial and retail banking business through its ownership, support, operation and management of its banking subsidiaries which, as of the date hereof, are Bank and Panasia Bank, N.A. ("Panasia").

  • All reasonable expenses incurred by Panasia in complying with the provisions of this Section 5, including without limitation reasonable printing expenses, reasonable fees and disbursements of counsel for Panasia and blue sky fees and expenses, shall be paid by Panasia.

  • Upon completion of the NAB/Panasia Combination, it is NPB's intent to utilize Panasia in the expansion of NPB's branch banking system into geographical areas with high Asian population not presently served by Panasia or NAB, either by the opening of de novo branches or by the acquisition of deposits and assets.

  • NPB has delivered to Panasia copies of its (a) annual reports on SEC Form 10-K for the years ended December 31, 1998 and 1997, (b) quarterly reports on SEC Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999, and all other reports filed with the SEC since January 1, 1999, and (c) proxy materials used in connection with its meetings of shareholders held in 1999 and 1998.

  • If Panasia shall set a maximum number of shares that may be purchased by any single purchaser in any such offering, that limit shall apply to all purchasers, including any persons eligible for the purchase price discount.

  • The allowance for loan losses shown, and to be shown, on the balance sheets contained in the Panasia Financial Statements have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.