Capital; Availability of Funds. On the date hereof, the Buyer is, and on the Closing Date, the Buyer will be, "adequately capitalized" as such term is defined in the rules and regulations promulgated by the Federal Reserve Board. Buyer will have available to it, at the Effective Time, sources of capital and financing sufficient to pay the aggregate Merger Consideration and to pay any other amounts payable pursuant to this Agreement and to effect the transactions contemplated hereby.
Capital; Availability of Funds. On the date hereof, the Buyer is, and on the Closing Date, the Buyer will be, at least "adequately capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. Buyer will have available to it at the Effective Time sources of capital and financing sufficient to pay the aggregate Merger Consideration and to pay any other amounts payable pursuant to this Agreement and to effect the transactions contemplated hereby.
Capital; Availability of Funds. On the date hereof, Hibernia National Bank, the financial institution subsidiary of Acquiror (“Acquiror Bank”) is, and on the Closing Date, the Acquiror Bank will be, “adequately capitalized” as such term is defined in the rules and regulations promulgated by the Office of the Comptroller of the Currency, and on the date hereof, Acquiror is, and at the Effective Time, Acquiror will be, “adequately capitalized” as such term is defined in the rules and regulations promulgated by the Federal Reserve Board. Acquiror will have available to it on and as of the date set forth in Section 2.2(a), sources of capital and financing sufficient to pay the aggregate Merger Consideration and Option Consideration and to pay any other amounts payable pursuant to this Agreement and to effect the transactions contemplated hereby.
Capital; Availability of Funds. On the date hereof, the Buyer is, ------------------------------- and on the Closing Date, the Buyer will be, at least "adequately capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. Buyer will have available to it at the Effective Time sources of capital and financing sufficient to pay the aggregate Merger Consideration and to pay any other amounts payable pursuant to this Agreement and to effect the transactions contemplated hereby. Neither the Buyer nor Parent nor any of their affiliates is an interested shareholder of the Seller within the meaning of PBCL Section 2553, and neither Buyer, Parent nor any such affiliate owns, whether beneficially, of record or equitably, any shares of capital stock or other securities of Seller.
Capital; Availability of Funds. On the date hereof, the Buyer is, and on the Closing Date, the Buyer will be, "adequately capitalized" as such term is defined in the rules and regulations promulgated by the FDIC, and on the date hereof, the Parent is, and on the Closing Date, the Parent will be, "adequately capitalized" as such term is defined in the rules and regulations promulgated by the Federal Reserve Board if the Parent were a state-chartered, member bank. The Buyer will have available to it at the Effective Time sources of capital and financing sufficient to pay the aggregate Merger Consideration and to pay any other amounts payable pursuant to this Agreement and to effect the transactions contemplated hereby.
Capital; Availability of Funds. On the date hereof, Texas State Bank, the financial institution subsidiary of Acquiror ("Acquiror Bank") is, and on the Closing Date, the Acquiror Bank will be, "adequately capitalized" as such term is defined in the rules and regulations promulgated by the OTS, and on the date hereof, Acquiror is, and at the Effective Date, Acquiror will be, "adequately capitalized" as such term is defined in the rules and regulations promulgated by the FRB. Acquiror will have available to it on and as of the Effective Date, sources of capital and financing sufficient to pay the aggregate Merger Consideration and to pay any other amounts payable pursuant to this Agreement and to the effect the transactions contemplated hereby.
