Bank Stockholder Approval. The affirmative vote of the holders of two-thirds of the outstanding Bank Common Stock and at least a majority of such Bank Common Stock not held by the Mutual Holding Company voting at a meeting of the stockholders shall be required to approve this Plan of Merger.
Bank Stockholder Approval. The Bank undertakes to submit this Agreement for consideration to its shareholders at a meeting called for this purpose pursuant to Section 15(b) of the Banking Law, or in any other manner permitted by law. Without limiting the preceding sentence, the Bank agrees (unless such action is not required by law):
Bank Stockholder Approval. The Bank undertakes to submit the Plan for consideration to its stockholders at a meeting called for this purpose pursuant to Section 15(c) of the Banking Law, or in any other manner permitted by law. Without limiting the preceding sentence, the Bank agrees (unless such action is not required by law):
Bank Stockholder Approval. Bank Stockholder Approval shall have been obtained in accordance with applicable Law and this Agreement. Holders of not more than 10% of Bank Common Stock shall have exercised statutory rights of dissent and appraisal pursuant to applicable Law.
Bank Stockholder Approval. 4 Section 3.02. Holdings Stockholder Approval.............. 5 Section 3.03.
Bank Stockholder Approval. The affirmative vote of the holders of more than three-fourths of the aggregate issued and outstanding Bank Common Shares and Bank Preferred Shares shall be required to approve this Agreement. The Bank will take any action necessary in accordance with applicable law and its Certificate of Incorporation and Bylaws to convene a meeting of stockholders, or to take such other action as is permitted by law, as promptly or practicable after the date hereof to consider and vote upon the approval of this Agreement. Notice shall be given to Bank stockholders of such meeting, of the transaction contemplated by this Agreement, and of the intention of Financial to vote (a) all of the Xxxxx Bank Shares which it acquired in connection with the Reorganization, which represent a controlling interest in the Bank's capital stock, in favor of the transaction, and (b) all of the Bank Preferred Shares, in favor of the transaction.
Bank Stockholder Approval. 6 Section 3.02. Holding Stockholder Approval . . . . . . . . . . . . . . . . . . . . . . . 7
Bank Stockholder Approval. The Bank undertakes to submit this Agreement for consideration and approval by its sole shareholder, Santander BanCorp, pursuant to Section 15 of the Banking Law, or in any other manner permitted or required by law.
