PLSB definition
Examples of PLSB in a sentence
This Agreement may be assignable by PLSB to PSB or in connection with a sale of all or substantially all of their respective assets or a merger or reorganization in which either of them is not the surviving corporation.
PLSB and Southwest Community Bancorp, a California corporation have entered into that certain Agreement and Plan of Merger and Reorganization dated as of February , 2006 (the “Merger Agreement”).
Any notices or communication required or permitted hereunder, shall be deemed to have been given if in writing and (a) delivered in person, (b) delivered by confirmed facsimile transmission, (c) sent by overnight carrier, postage prepaid with return receipt requested or (d) mailed by certified or registered mail, postage prepaid with return receipt requested, addressed as follows: If to PLSB, addressed to: Placer Sierra Bancshares ▇▇▇ ▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇ ▇.
Any failure or delay by PLSB in enforcing any provision of his Agreement shall not operate as a waiver thereof.
Shareholder acknowledges and agrees that irreparable injury will result to PLSB in the event of a breach of any of the provisions of this Agreement and that PLSB will have no adequate remedy at law with respect thereto.
This Agreement shall be binding upon the Shareholder and upon the Shareholder’s successor and representatives and shall inure to the benefit of PLSB and their respective successors, representatives and assigns.
Employer and Employee hereby agree that Employee will also now assume the duties and title of President and Chief Operating Officer of PLSB.
Lender shall have twenty (20) days from receipt of the required written notice with regard to the subject financing and the items required to be given to it with such written notice (a) to issue a financing proposal to extend financing to the entity securing such financing upon terms financially equivalent to the terms of the loan or credit agreement governing the Revolving Receivables Loan or the third party offer (in Lender's sole discretion); or (b) to refuse to do so.
The waiver by PLSB of a breach of any provision of this Agreement by Shareholder shall not operate or be construed as a waiver of any subsequent breach or violation thereof.
Employee, PLACER SIERRA BANCSHARES, a California corporation (“PLSB”) and Bank entered into that certain Employment Agreement effective as of July 1, 2004, whereby Employee was employed as by PLSB as President of Bank of Orange County until the merger of the Bank of Orange County into the Bank, and, thereafter, was employed by the Bank as President of the Bank of Orange County Division of the Bank (hereinafter “Initial Employment Agreement”).