CBC Act definition

CBC Act means the Change in Bank Control Act of 1978, as amended, and the rules and regulations promulgated thereunder.
Sample 1Sample 2Sample 3
CBC Act means the Change in Bank Control Act of 1978.
Sample 1Sample 2Sample 3

Examples of CBC Act in a sentence

  • To the extent required by law, the Investor shall file as promptly as practicable a notice to the Federal Reserve pursuant to the CBC Act with respect to the transactions contemplated by this Agreement and shall take commercially reasonable actions to obtain the non-objection of the Federal Reserve under the CBC Act, it being understood that failure to obtain such non-objection shall not impose any liability on the Investor.

  • To the extent required by law, the Investors shall file as promptly as practicable a notice to the Federal Reserve pursuant to the CBC Act with respect to the transactions contemplated by this Agreement and shall take commercially reasonable actions to obtain the non-objection of the Federal Reserve under the CBC Act, it being understood that failure to obtain such non-objection shall not impose any liability on any Investor.

  • The parties hereby agree that neither any Investor nor any of its Affiliates shall be required by this Agreement to file any notice to the Federal Reserve pursuant to the CBC Act with respect to the transactions contemplated by this Agreement.

  • Such written notice shall contain information or documentation reasonably sufficient to enable Lender to determine the extent to which the Warrants may be exercised under the BHC Act and the CBC Act without Federal Reserve Board Approval.

  • Upon the receipt of any such written notice, Lender shall first exercise one of the Warrants, to the maximum extent permitted under the BHC Act and the CBC Act without Federal Reserve Board Approval (in minimum increments of $100,000), before exercising its rights under the other Warrant.

  • As promptly as practicable after the date hereof, counsel to the Investor will file with the Federal Reserve a notice pursuant to the CBC Act with respect to the transactions contemplated by this Agreement.

Related to CBC Act

  • BC Act means the Securities Act (British Columbia);

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • 1990 Act means the Town and Country Planning Act 1990;

  • FDI Act means the Federal Deposit Insurance Act and the regulations promulgated thereunder.

  • BHC Act means the Bank Holding Company Act of 1956, as amended.

  • 2012 Act means the Health and Social Care Act 2012;

  • EP Act means the Environmental Protection Xxx 0000;

  • Investment Company Act of 1940 means the Investment Company Act of 1940, as amended, and the rules and regulations thereunder.

  • OHS Act means the Occupational Health and Safety Act 2004;

  • Cannabis Act means An Act respecting cannabis and to amend the Controlled Drugs and Substances Act, the Criminal Code and other Acts, S.C. 2018, c. 16, as amended from time to time.

  • Securities Act (Ontario) means the Securities Act, R.S.O. 1990, c. S.5, as amended, and the regulations thereunder, and any comparable or successor laws or regulations thereto;

  • GLB Act is defined in Section 9.2 hereof.

  • FDA Act means the U.S. Federal Food, Drug, and Cosmetic Act, as amended.

  • Cayman Companies Act means the Companies Act (As Revised) of the Cayman Islands.

  • Food Security Act means the Food Security Act of 1985, 7 U.S.C. Section 1631 et. seq., as the same now exists or may hereafter from time to time be amended, modified, recodified or supplemented, together with all rules and regulations thereunder.

  • S.A.F.E. Act means the secure and fair enforcement for mortgage licensing act of 2008, Title V of the housing and economic recovery act of 2008 ("HERA"), P.L. 110-289, effective July 30, 2008.