Resulting stock holding company definition

Resulting stock holding company means the stock savings and loan hold- ing company that is issuing stock in connection with conversion of a mu- tual holding company pursuant to this subpart.
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Resulting stock holding company means a to-be-formed corporation to be initially organized under the laws of the Commonwealth of Pennsylvania as a first-tier wholly owned subsidiary of the Mid-Tier Holding Company. Upon completion of the Conversion and Reorganization, the Resulting Stock Holding Company shall hold all of the outstanding capital stock of the Bank and shall be known as Malvern Bancorp, Inc.
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Resulting stock holding company means the stock savings and loan holding company that is issuing stock in connection with conversion of a mutual holding company pursuant to this(4) Other voting members under§ 239.59(j).(o) Supplemental eligibility record date is the date for determining supplemental eligible account holders. The supplemental eligibility record date is the last day of the calendar quarter before the Board approves the conversion and will occur only if the Board has not approved the conversion within 15 months of the eligibility record date.(p) Supplemental eligible accountholders are any persons, except officers, directors, and their associates of the mutual holding company or subsidiary savings association, holding qualifying deposits on the supplemental eligibility record date.(q) Underwriter is any person whopurchases any securities from the mutual holding company or resulting stock holding company with a view to distributing the securities, offers or sells securities for the mutual stock holding company or resulting stock holding company in connection with the securities’ distribution, or participates or has a direct or indirect participation in the direct or indirect underwriting of any such undertaking. Underwriter does not include a person whose interest is limited to a usual and customary distributor’s or seller’s commission from an underwriter or dealer.§ 239.53 Prior to conversion.(a) Pre-filing meeting and consultation. (1) The mutual holding company’s board, or a subcommittee of(a) Association members or membersare persons who, under applicable law,subpart.
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Examples of Resulting stock holding company in a sentence

  • In connection with the Conversion and Reorganization, the Resulting Stock Holding Company shall register the Resulting Stock Holding Company Common Stock pursuant to Section 12 of the Securities Exchange Act of 1934, as amended, and shall undertake not to deregister such stock for a period of three years thereafter.

  • Shares will be available for purchase by members of the general public to whom a Prospectus is delivered by the Resulting Stock Holding Company or on its behalf, with preference given first to Community Residents and then to Voting Shareholders.

  • The Conversion and Reorganization will be comprised of a number of substantially simultaneous transactions, described below, which will result in the conversion and elimination of the Mutual Holding Company and the Mid-Tier Holding Company and the creation of the Resulting Stock Holding Company as a public company and the sole owner of the outstanding shares of the Bank’s capital stock.

  • For the two-year period following the completion of the Conversion and Reorganization, the Resulting Stock Holding Company will not, except with the prior written approval of the FRB, (i) liquidate or sell the Resulting Stock Holding Company, or (ii) cause the Bank to be liquidated or sold.

  • The Resulting Stock Holding Company also shall use its best efforts to (i) encourage and assist a market maker to establish and maintain a market for the Resulting Stock Holding Company Common Stock and (ii) list the Resulting Stock Holding Company Common Stock on a national or regional securities exchange or the Nasdaq Stock Market.

  • No merger, consolidation, sale of bulk assets or similar combination transaction with another FDIC-insured institution, in which the Bank or the Resulting Stock Holding Company is not the surviving entity shall be considered a complete liquidation for this purpose.

  • If such transfer occurs, the Resulting Stock Holding Company shall be deemed to have transferred the Liquidation Account to the Bank and such Liquidation Account shall be subsumed into the Bank Liquidation Account and shall not be subject in any manner or amount to the claims of the Holding’s Company’s creditors.

  • Following consummation of the Conversion and Reorganization, voting rights with respect to the Bank shall be held and exercised exclusively by the Resulting Stock Holding Company as holder of all of the Bank’s outstanding voting capital stock, and voting rights with respect to the Resulting Stock Holding Company shall be held and exercised exclusively by the holders of the Resulting Stock Holding Company’s voting capital stock.

  • Following consummation of the Conversion and Reorganization, any repurchases of shares of capital stock by the Resulting Stock Holding Company will be made in accordance with then applicable laws and regulations.

  • The foregoing restriction on purchases of Resulting Stock Holding Company Common Stock shall be in addition to any restrictions that may be imposed by federal and state securities laws.

Related to Resulting stock holding company

  • Resulting Company means a domestic stock company created

  • Bank Holding Company means a company registered as such with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. §1842 and the regulations of the Board of Governors of the Federal Reserve System thereunder.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • mixed-activity holding company means a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution;

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • Holding Company Transaction means the occurrence of (a) any transaction (including, without limitation, any acquisition, merger or consolidation) the result of which is that a “person” or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended, (i) becomes the direct or indirect ultimate “beneficial owner,” as defined in Rule 13d-3 under that Act, of common equity of the Issuer representing more than 50% of the voting power of the outstanding Common Stock or (ii) is otherwise required to consolidate the Issuer for purposes of generally accepted accounting principles in the United States, or (b) any consolidation or merger of the Issuer or similar transaction or any sale, lease or other transfer in one transaction or a series of related transactions of all or substantially all of the consolidated assets of the Issuer and its subsidiaries, taken as a whole, to any Person other than one of the Issuer’s subsidiaries; provided that, in the case of either clause (a) or (b), the Issuer or the Acquiror is or becomes a Bank Holding Company or Savings and Loan Holding Company.

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a Delaware limited liability company that is treated as a disregarded entity for U.S. federal income tax purposes, the primary asset of which consists of Equity Interests in either (i) one or more Foreign Subsidiaries or (ii) a Delaware limited liability company the primary asset of which consists of Equity Interests in one or more Foreign Subsidiaries.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Public utility holding company means: (1) any company that,

  • Bank Holding Company Act means the Bank Holding Company Act of 1956, as amended.

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.

  • Domestic Foreign Holding Company means any Domestic Subsidiary of the Borrower that owns no material assets (held directly or indirectly through one or more disregarded entities) other than capital stock (or capital stock and/or debt) of one or more Foreign Subsidiaries that are CFCs and/or Domestic Foreign Holding Companies.

  • Savings and Loan Holding Company means a company registered as such with the Office of Thrift Supervision pursuant to 12 U.S.C. §1467(a) and the regulations of the Office of Thrift Supervision promulgated thereunder.

  • Generating Company means any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person, which owns or operates or maintains a generating station;

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Acquiring Company means a person who obtains Control of the Company;

  • Bancorp means Eagle Bancorp, Inc., a Maryland corporation.

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.