UJB definition

UJB shall be deemed to refer to Summit in its capacity as a Bank under the Loan Agreement.
UJB means United Jersey Bank, successor by merger to United Jersey Bank/South N.A., a New Jersey state chartered bank.
UJB means United Jersey Bank, its successors and assigns.

Examples of UJB in a sentence

  • UJB shall take all action necessary to provide that the term of two of the Summit Designees as a director of UJB shall expire at the first annual meeting of UJB shareholders held after the Effective Time, and to provide that the remaining four Summit Designees be divided evenly between the other two classes of directors.

  • UJB agrees not to increase the number of directors above the 13 directorships existing on the date hereof but Summit agrees UJB may fill any vacancies occurring prior to the Effective Time.

  • The By-Laws of UJB in force immediately prior to the Effective Time shall be the By-Laws of the Surviving Corporation, except as duly amended thereafter.

  • In addition to the Certificate of Merger required to be filed by UJB pursuant to Section 1.06, UJB shall file as an additional document together with the Certificate of Merger a Restated Certificate of Incorporation containing the provisions of UJB's Restated Certificate of Incorporation in effect on the date hereof amended as provided in the first sentence of this Section 1.09.

  • At the time of filing, all filings made by UJB and its subsidiaries after December 31, 1991 with the SEC and appropriate bank regulatory authorities do not or did not contain any untrue statement of a material fact and do not or did not omit to state any material fact required to be stated herein or therein or necessary to make the statements contained herein or therein, in light of the circumstances under which they were made, not misleading.

  • Each Summit shareholder shall be entitled to receive a UJB Common Certificate for the number of whole shares of UJB Common resulting from such multiplication.

  • No customer or affiliated group of customers (i) is owed by UJB or any subsidiary of UJB an aggregate amount equal to more than 10% of the shareholders' equity of UJB or such subsidiary (including deposits, other debts and contingent liabilities) or (ii) owes to UJB or any of its subsidiaries an aggregate amount equal to more than 10% of the shareholders' equity of UJB or such subsidiary (including loans and other debts, guarantees of debts of third parties, and other contingent liabilities).

  • The shareholders of UJB and Summit shall each have authorized and approved the Merger, this Agreement and all transactions contemplated by this Agreement as and to the extent required by all applicable laws and regulations and the provisions of all instruments of corporate governance.

  • As promptly as practicable, but not later than 30 days after the date hereof, Summit will furnish to or make available to UJB all the documents, contracts, agreements, papers, and writings referred to in the Summit Schedules or called for by the list or lists provided by UJB to Summit on or prior to the date hereof (the "Post-Signing Disclosure List").

  • The Board of Directors of UJB in authorizing the execution of this Agreement has determined at the date of this Agreement to recommend to the shareholders of UJB the approval of this Agreement, the Merger and the other transactions contemplated hereby.