Bank Holding Company Status. No Investor other than CapGen shall exercise “control” for purposes of the BHCA or the Change in Bank Control Act, of the Company or the Bank, upon or following the Closing or the Conversion.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Jacksonville Bancorp Inc /Fl/), Stock Purchase Agreement (Jacksonville Bancorp Inc /Fl/)
Bank Holding Company Status. No Following the Closing and as long as the Investor holds shares of the Company, no Investor other than CapGen shall exercise “control” for purposes of the BHCA or the Change in Bank Control Act, of the Company or the Bank, upon or following the Closing or the Conversion.
Appears in 1 contract
Bank Holding Company Status. No Following the Closing and as long as the Investor holds shares of the Company, no Investor other than CapGen shall have or exercise “control” for purposes of the BHCA or the Change in Bank Control Act, of the Company or the Bank, upon or following the Closing or the Conversion.”
Appears in 1 contract
Samples: Stock Purchase Agreement and Registration Rights Agreement (Palmetto Bancshares Inc)
Bank Holding Company Status. No Solely as a result of the consummation of the Private Placement and the Merger, no Investor other than CapGen shall exercise “control” for purposes of the BHCA or the Change in Bank Control Act, of the Company or the Bank, upon or following the Closing or the Conversion.
Appears in 1 contract
Samples: Stock Purchase Agreement (Jacksonville Bancorp Inc /Fl/)
