Charter Conversion. Take all actions necessary with the appropriate Regulatory Authorities and otherwise use its best efforts to cause the conversion of NSB from a Pennsylvania chartered mutual savings and bank to a Pennsylvania-chartered stock savings bank.
Charter Conversion. Lincoln will use its best efforts to cause Lincoln Bank to convert from a federal savings bank to an Indiana commercial state bank no later than one year after the Effective Time, including using its best efforts to obtain any and all necessary regulatory approvals for such conversion.
Charter Conversion. Prior to the Effective Time, South Jersey ------------------ Savings shall have converted from a New Jersey chartered savings and loan association to a New Jersey chartered savings bank.
Charter Conversion. If required to facilitate the Bank Merger, immediately prior to the Effective Time of the Bank Merger, and solely to facilitate the Bank Merger, RSI Bank shall undergo the Charter Conversion.
Charter Conversion. The Freehold Entities shall not take any action that would, or would reasonably be expected to, cause Freehold Bank to not be eligible to be a Qualified Thrift Lender or to obtain any required Charter Conversion Approval, or fail to use reasonable efforts to ensure that Freehold Bank continues to be eligible to be a Qualified Thrift Lender at the time of Closing or to obtain any required Charter Conversion Approval. The Freehold Entities agree to use all commercially reasonable efforts to, prior to the Effective Time, have Freehold Bank convert from a New Jersey chartered stock savings bank to a federally chartered stock savings bank and to obtain the required Charter Conversion Approval. In connection with the Charter Conversion (or, if required by the Bank Regulators, immediately following the Closing of the Merger), Freehold Bank shall file an election with the OCC to operate as a Covered Savings Association under OCC laws and regulations.
Charter Conversion. As of the Closing Date, the Charter Conversion Approval shall have been received by Freehold and Freehold satisfies the conditions imposed by the Bank Regulators for consummating the Charter Conversion.
Charter Conversion. Prior to the completion of the Bank Merger, Shore United shall obtain the approval of the OCC to convert to a national banking association and consummate its conversion to a national banking association under the title “Shore United Bank, National Association” (“Charter Conversion”).
Charter Conversion. 42 6.22 Short-Swing Trading Exemption.........................................42 Article VII Conditions to Consummation of the Merger..............................43 7.01 Conditions to Each Party's Obligation to Effect the Company Merger....43 7.02
Charter Conversion. Immediately prior to the Effective Time of the Bank Merger, and solely to facilitate the Bank Merger, Roselle Bank shall undergo the Charter Conversion pursuant to which Roselle Bank shall convert from a New Jersey state-chartered stock savings bank to a New Jersey state-chartered stock savings association for a moment in time only.
Charter Conversion. Ripley Nationxx xxxll have completed the charter conversion process axx xxxll be a banking corporation chartered under the laws of Ohio.
