Subsidiary Banks definition

Subsidiary Banks. Individually or collectively, as the context may require, any of the banks listed as “Subsidiary Banks” on Schedule 4.18 and each additional Subsidiary of the Borrower that is a federally- or state-chartered bank or thrift institution.
Subsidiary Banks means each Subsidiary that is a federally- or state-chartered bank or thrift institution.
Subsidiary Banks means the Bank of the Ozarks, wca, Ozark, Arkansas and the Bank of the Ozarks, nwa, Jasper, Arkansas.

Examples of Subsidiary Banks in a sentence

  • In the normal course of business, the Subsidiary Banks are party to financial instruments with off-statement of condition risk to meet the financing needs of their customers.

  • The amount of collateral obtained, if deemed necessary by the Subsidiary Banks upon extension of credit, is based on management’s credit evaluation of the customer.

  • Neither we nor our Subsidiary Banks have facilities located outside the United States.

  • The Subsidiary Banks evaluate each customer’s credit-worthiness on a case-by-case basis.

  • The Subsidiary Banks use the same credit policies in making commitments and conditional obligations as they do for on-statement of condition instruments.


More Definitions of Subsidiary Banks

Subsidiary Banks means German American Bancorp (including any successor ) and any other depository institution Subsidiary of Borrower that Borrower may hereafter establish or acquire.
Subsidiary Banks means each bank for which 51% or more of its voting stock is controlled directly, or indirectly via a subsidiary, by the Borrower.
Subsidiary Banks. Individually or collectively, as the context may require, PSB, any other Subsidiary Banks shown on Exhibit 4.19 hereto and any additional banks which become Subsidiaries.
Subsidiary Banks has the meaning ascribed to such term in the recitals hereto and shall include any successor to Talmer Bank and First Place.
Subsidiary Banks means the subsidiaries of the Borrower listed on Schedule 2.1 hereto.
Subsidiary Banks in Section 1.1 of the Original Agreement is hereby amended and restated in its entirety to read as follows: ““Subsidiary Bank” has the meaning ascribed to such term in the recitals hereto.” In addition, the reference to “Subsidiary Banks”, “each Subsidiary Bank” and “any Subsidiary Bank”, as applicable, in the Original Agreement, including in Sections 1.1, 3.2, 4.1, 4.4.1, 7.2, and 9.21 of the Original Agreement, shall be read to refer to the Subsidiary Bank. 1.4
Subsidiary Banks. “each Subsidiary Bank” and “any Subsidiary Bank”, as applicable, in the Original Agreement, including in Sections 1.1, 3.2, 4.1, 4.4.1, 7.2, and 9.21 of the Original Agreement, shall be read to refer to the Subsidiary Bank. 1.4