Resulting association definition

Resulting association means a sav- ings association in the stock form that is organized as a subsidiary of a reorga- nizing association to receive the sub- stantial part of the assets and liabil- ities (including all deposit accounts) of the reorganizing association upon con- summation of the reorganization.
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Resulting association means asavings association in the stock form that is organized as a subsidiary of a reorganizing association to receive the substantial part of the assets and liabilities (including all deposit accounts) of the reorganizing association upon consummation of the reorganization.
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Resulting association means the surviving corporation in the Merger, First National, which will operate under the new name "Florida Bank, N.A."
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Examples of Resulting association in a sentence

  • Upon satisfaction of all claims of dissenting shareholders, the remaining escrowed amount, reduced by payment of the fees and expenses of the escrow agent, will be returned to the Resulting Association.

  • All rights, franchises, and interests of both Mutual and American National in and to every type of property (real, personal, and mixed), and all choses in action of both Mutual and American National shall be transferred to and vested in the Resulting Association without any deed or other transfer.

  • Whenever this Agreement requires FBI (including the Resulting Association) to take any action, such requirement shall be deemed to include an undertaking by FBI to cause the FBI Subsidiaries to take such action.

  • The Bylaws of Interim in effect immediately prior to the Effective Time shall be the Bylaws of the Resulting Association until otherwise amended or repealed.

  • At the Effective Time First National will be merged with and into Interim and Interim will be the Resulting Association.

  • The separate existence of First National shall thereupon cease, and Interim, which shall be a wholly owned subsidiary of FBI, shall be the Resulting Association resulting from the Merger, shall have the name "Florida Bank, N.A.," and shall continue to be governed by the National Bank Act.

  • At the Effective Time, the separate existence and corporate organization of Mutual shall be merged into and continued in the Resulting Association.

  • As part of the Merger Conversion, the charter and bylaws of First Federal will become the charter and bylaws of the Resulting Association.

  • At and after the Effective Date, and until changed in accordance with law, the number of members of the Board of Directors of the Resulting Association shall be ten, each of whom shall serve until the annual meeting of members of the Resulting Association in the year indicated in the table set forth immediately below, and the names and residence addresses of whom are as follows: Name Residence Address Term Expires ---- ----------------- ------------ Xxxx X.

  • At the time when the Merger shall become effective and as a result thereof, there shall be created, automatically and without further act of the Constituent Associations, an advisory board (the "Advisory Board") of the Resulting Association.


More Definitions of Resulting association

Resulting association as used hereinafter refers to Peoples at and after the Effective Date.
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Resulting association means American National as the surviving association resulting from the Merger. "SEC Documents" shall mean all reports and registration statements filed, or required to be filed, by a Party or any of its Subsidiaries with any Regulatory Authority pursuant to the Securities Laws. "Securities Laws" shall mean the 1933 Act, the 1934 Act, the Investment Company Act of 1940, as amended, the Investment Advisors Act of 1940, as amended, the Trust Indenture Act of 1939, as amended, and the rules and regulations of any Regulatory Authority promulgated thereunder including the regulations of the OTS included in 12 C.F.R.
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Resulting association means American National upon and after the Effective Time. ARTICLE TWO
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Related to Resulting association

  • Master association means an organization that is authorized to exercise some or all of the powers of one or more associations on behalf of one or more common interest communities or for the benefit of the unit owners of one or more common interest communities.

  • Savings association means a Fed- eral savings and loan association or a Federal savings bank chartered under section 5 of the Home Owners’ Loan Act, a building and loan, savings and loan or homestead association or a co- operative bank (other than a coopera- tive bank described in 12 U.S.C. 1813(a)(2)) the deposits of which are in- sured by the Federal Deposit Insurance Corporation, and any corporation (other than a bank) the deposits of which are insured by the Federal De- posit Insurance Corporation that the Office of the Comptroller of the Cur- rency and the Federal Deposit Insur- ance Corporation jointly determine to be operating in substantially the same manner as a savings association, and shall include any savings bank or any cooperative bank which is deemed by the Office of the Comptroller of the Currency to be a savings association under 12 U.S.C. 1467a(1).

  • Trade association means an entity recognized by the State in which the entity is doing business as a trade association and shall not include an organization that is formed for the purposes of providing insurance. “Transaction cutoff date” for weekly data reporting is 8 p.m. Central time on Friday of each week and for monthly data reporting is 8 p.m. Central time on Friday after the first Sunday of the month.

  • Cooperative association means any of the following:

  • Member Association means any national football association affiliated to FIFA, irrespective of whether its representative team is participating in the Competition.

  • the Association means the Association referred to in rule 1;

  • Affiliated Association means an Association accorded the status of an Affiliated Association under the rules of The FA.

  • Bona fide association means, with respect to health insurance coverage offered in this

  • Business association means a nonpublic corporation, joint stock company, investment company, business trust, partnership, or association for business purposes of 2 or more individuals, whether or not for profit, including a banking organization, financial organization, insurance company, or utility.

  • Firearm trade association means any person, corporation, unincorporated association, federation, business league, or business organization that:

  • professional association means a self-regulatory organization of engineers, geoscientists or both engineers and geoscientists that

  • Owners Association means any association or organization created pursuant to the Owners’ Association Documents.

  • Homeowners association means a person having the authority to enforce the provisions of a declaration.

  • Community association means an association in which membership is a condition of ownership or shareholder interest of a unit in a condominium, cooperative, townhouse, villa, or other residential unit that is part of a residential development plan as a master association or common interest community and that is authorized to impose an assessment and other costs that may become a lien on the unit or lot.

  • Condominium Corporation means a condominium or strata corporation established under provincial legislation.

  • Paraplegia means the permanent Paralysis and functional loss of use of both lower limbs.

  • Articles of Association means the articles of association of the Company, as amended from time to time.

  • Limited cooperative association means, with respect to a Wisconsin cooperative, a cooperative organized under ch. 193.

  • Association means the Public Service Association and Professional Officers’ Association Amalgamated Union of New South Wales.

  • Anadromous fish means fish that spawn in fresh water and mature in the marine environment.

  • Hospitality means the considerate care of guests, which may include refreshments, accommodation and entertainment at a restaurant, hotel, club, resort, convention, concert, sporting event or other venue such as Company offices, with or without the personal presence of the host. Provision of travel may also be included, as may other services such as provision of guides, attendants and escorts; use of facilities such as a spa, golf course or ski resort with equipment included;

  • Guaranty association means the Iowa insurance guaranty association created in chapter 515B, the Iowa life and health insurance guaranty association created in chapter 508C, and any other similar entity either presently existing or to be created by the general assembly for the payment of claims of insolvent insurers. “Foreign guaranty association” means a similar entity presently existing in or to be created in the future by the legislature of any other state.

  • Horizon means a layer of soil, approximately parallel to the surface, that has distinct characteristics produced by soil forming processes.

  • FISMA means The Federal Information Security Modernization Act of 2014 (Pub.L. No. 113-283 (Dec. 18, 2014.).

  • Embryo/fetus means the developing human organism from conception until the time of birth.