SWVA definition
Examples of SWVA in a sentence
SWVA and SVSB are not subject to any agreement, order, judgment, decree or memorandum by or with any court, governmental authority, regulatory agency or third party imposing any such liability.
None of the SWVA Companies has received notice of cancellation or non-renewal of any such policy or binder.
Except as Previously Disclosed, no legal proceeding or quasi-legal proceeding is pending or, to the knowledge of SWVA and SVSB, threatened concerning any OREO or any servicing activity or omission to provide a servicing activity with respect to any of the OREO.
FNB shall use its reasonable best efforts to maintain SWVA's existing directors' and officers' liability policy, or some other policy, including FNB's existing policy, providing at least comparable coverage, covering persons who are currently covered by such insurance of SWVA for a period of six years after the Effective Date on terms no less favorable than those in effect on the date hereof.
The shares of FNB Common Stock to be issued in exchange for shares of SWVA Common Stock upon consummation of the Merger will have been duly authorized and, when issued in accordance with the terms of this Agreement, will be validly issued, fully paid and nonassessable and subject to no preemptive rights.
None of the SWVA Companies has received notice from any of its insurance carriers that any insurance premiums will be increased materially in the future or that any such insurance coverage will not be available in the future on substantially the same terms as now in effect.
The SWVA Companies are not in default with respect to any provision contained in any such policy or binder and have not failed to give any notice or present any claim under any such policy or binder in due and timely fashion.
FNB and SWVA shall use their best efforts to obtain approvals of such filings.
A portion of the proceeds of the Term Loans sufficient to pay in full all indebtedness of SWVA, Inc., Steel of West Virginia and/or any other Subsidiary of Steel of West Virginia owing to The CIT Group/Business Credit, Inc.
Holders of record of shares of SWVA Common Stock who hold such shares as nominees, trustees or in other representative capacities (a "Representative") may submit multiple Forms of Election (as hereinafter defined), provided that each such Form of Election covers all the shares of SWVA Common Stock held by that Representative for a particular beneficial owner.