SCB Board definition

SCB Board means the Board of Directors of SCB.
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Examples of SCB Board in a sentence

  • Prior to the execution of this Agreement, the SCB Board has received an opinion (which, if initially rendered verbally, has been or will be confirmed by a written opinion, dated the same date) of MJC Partners, LLC to the effect that, as of the date of such opinion, and based upon and subject to the factors, assumptions, and limitations set forth therein, the Exchange Ratio in the Merger is fair from a financial point of view to SCB.

  • Prior to the Effective Time, the CBC Board and SCB Board, as applicable, shall adopt any necessary resolutions and take any actions necessary to effectuate the provisions of this Section 3.07.

  • By CBC prior to such time as the SCB Shareholder Approval is obtained, if (i) SCB or the SCB Board shall have made a Recommendation Change or (ii) SCB or the SCB Board shall have breached its obligations under Section 7.01 or Section 7.07 in any material respect.

  • Each CBC Equity Award that is assumed and converted into an award with respect to SCB Common Stock pursuant to this Section 3.07 (an “Assumed Award”) may be assumed and/or issued as a substitute award under the Southern California Bancorp 2019 Omnibus Equity Incentive Plan Incentive Plan (or another equity incentive plan of SCB), if so determined by the SCB Board, instead of remaining subject to the applicable CBC Equity Plan pursuant to which it was issued.

  • The SCB Board has (i) determined that the Merger, on the terms and conditions set forth in this Agreement, is in the best interests of SCB and its shareholders, (ii) resolved to recommend that SBC’s shareholders approve the principal terms of this Agreement and the SCB Bylaw Amendment, (iii) has directed that this Agreement and the transactions contemplated hereby be submitted to SCB’s shareholders for approval at a meeting of such shareholders, and (iv) has adopted resolutions to the foregoing effect.

  • The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby (including the Merger, the Bank Merger, and the SCB Bylaw Amendment) have been duly and validly approved by the SCB Board.

  • The SCB Board of Directors requires that all business units in the Bank must be responsible for determining their own operational risk, assisted by the operational risk management tools and using the framework established by Group Operational Risk Management.

  • The SCB Board, the Board Risk Committee (“BRC”) and the Group Asset and Liability Committee all received updates on the USD Gap 2 Metric position as part of the Group Chief Financial Officer’s report, the BRC Risk Information Report and the Treasurer’s Report respectively and/or standard committee metrics.

  • Procedures and guidelines presented in this document were created by either the SCB Executive Office (EO), or the SCB Board of Governors (BOG).

  • Sections: Section Presidents serve on the SCB Board of Governors (BOG) representing the interests of the Section.

Related to SCB Board

  • Company Board of Directors means the board of directors of the Company.

  • CPF Board means the Central Provident Fund Board, a body corporate established under the Central Provident Fund Act (Cap. 36);

  • Company Board means the Board of Directors of the Company.

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • Parent Board means the board of directors of Parent.

  • Merger Sub Board means the board of directors of Merger Sub.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Board of Directors or Board means the Board of Directors of Prakash Steelage Limited, as constituted from time to time.

  • Board or Board of Directors means the Board of Directors of the Company.

  • Medical Board means the North Carolina Medical Board.

  • Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.

  • Bank Board means the Board of Directors of the Bank.

  • Independent Board Committee means the independent board committee of the Company

  • former Board means the Board of Reference constituted under Part IV of the former provisions;

  • Acquiror Board means the board of directors of Acquiror.

  • Sub-Committee means a committee of a committee created by the board.

  • Purchaser Board means the board of directors of the Purchaser;

  • Board of Directors means the board of directors of the Company.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Parent Board Recommendation has the meaning set forth in Section 5.11(a).

  • R.S. Board means the Board of Governors of the Federal Reserve System or any successor thereto.

  • the Board means the board of directors of the Company;

  • Company Board Recommendation has the meaning set forth in Section 3.03(d).

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.