Bank Matters. In accordance with and subject to this Section 2 of this Schedule 5.3(d), Bank shall have the ultimate decision making authority with respect to any unapproved matters in respect of the following matters (the “Bank Matters”):
Bank Matters. Subject to Applicable Law and the provisions hereunder, Bank shall have decision-making authority with respect to the following matters:
Bank Matters. The Parties shall have obtained either the required consents or the new credit facility contemplated in Section 5.21.
Bank Matters. 22 Section 3.11
Bank Matters. The Bank is a national bank, duly organized, validly existing and in good standing. It has all the requisite power and all Permits necessary to conduct its business. The Bank's deposits are insured by the FDIC and it is a member in good standing of (i) the FDIC's Bank Insurance Fund ("BIF"), and (ii) the Federal Reserve System. There are no material memoranda of understanding, cease and desist or removal orders, or capital or other directives, resolutions or other action by any regulatory authority against the Bank or any of its directors, officers or employees.
Bank Matters. Prior to the Closing, the Seller shall deliver to the Buyer copies of all signature or authorization cards for all bank, investment, cash management, lock-box or other similar type accounts (the “Accounts”) held by (or for the benefit of) any of the Sold Companies or the Subsidiaries. Prior to the Closing and effective as of the Closing Date, the Seller shall remove from such signature or authorization cards the names of any persons who will not be employees of the Sold Companies or the Subsidiaries as of the Closing, such that such persons shall have no further authority to make withdrawals from, or otherwise exercise any right with respect to, such Accounts after the Closing.
Bank Matters. MTI has provide or made available to SDRC a list of each bank account, including the name and address of the bank and the account number, maintained by MTI. The list identifies each person who has signature power with respect to each such account. Schedule 3.2.22 also contains a list of all bank loans held by MTI, including the name and address of the bank, the loan number, the original loan amount and all balances due. MTI has provided or made available SDRC copies of all material documentation with respect to any bank loans of MTI.
Bank Matters. If the Operating Committee and Senior Officers are unable to resolve the following Disputed Matters (“Bank Matters”), Bank shall have sole discretion to make a final decision:
Bank Matters. Subject to Applicable Law, [***] (“Bank Matters”):
Bank Matters. Pan American Bank, FSB (the "Bank") is duly chartered as a federal savings bank and is in good standing under the laws of the United States. The Bank is a member in good standing with the Federal Home Loan Bank of San Francisco (the "FHLB"). The deposit accounts and investment certificates of the Bank are duly insured by the Federal Deposit Insurance Corporation (the "FDIC") to the fullest extent permitted by law. No charge, investigation or proceeding for the termination or revocation of such charter, FHLB membership, good standing or FDIC insurance is pending or, to the best of the Company's knowledge, threatened. The Company is a "savings and loan holding company" within the meaning of the Home Owners Loan Act, as amended. The Bank is, and immediately following the issuance and sale of the Common Shares pursuant hereto will continue to be, a "Minority Institution", as defined in Section 21A(s)(2)(A) of the Federal Home Loan Bank Act, 12 U.S.C. 1441a(s)(2)(A), as amended, and the Company currently has no plan or intention of issuing any shares of capital stock or options, warrants or other securities convertible into or exchangeable for shares of its capital stock in such amounts as would cause the Bank to lose its status as a Minority Institution.
