Federal Reserve Approval. The first to occur of (a) the date thirty days following the date of the order of the Board of Governors of the Federal Reserve System or the Federal Reserve Bank of San Francisco acting pursuant to authority delegated to it by the Board of Governors of the Federal Reserve System (collectively, the "Board of Governors") approving the Holding Company Merger, or (b) if, pursuant to section 321(a) of the Xxxxxx Community Development and Regulatory Improvement Act of 1994 (the "Xxxxxx Act"), the Board of Governors shall have prescribed a shorter period of time with the concurrence of the Attorney General of the United States, the date on which such shorter period of time shall elapse, or (c) the date ten days following the date on which the Board of Governors indicates its waiver of jurisdiction over the Holding Company Merger; or
Federal Reserve Approval. If necessary, any redemption or prepayment of this Subordinated Note shall be subject to receipt of prior written approval by the Federal Reserve (or any successor bank regulatory agency having supervisory authority over the Company) and any and all other required federal and state regulatory approvals.
Federal Reserve Approval. No notice of redemption or redemption shall be given or made without any required prior Federal Reserve approval.
Federal Reserve Approval. A copy of the written authorization of the Board of Governors of the Federal Reserve System granting approval for the formation of Borrower as a bank holding company and authorizing Borrower’s ownership of the Bank.
Federal Reserve Approval. The Merger and this Agreement shall have been approved by the Board of Governors of the Federal Reserve System as the responsible agency pursuant to the Bank Merger Act (12 U.S.C. § 1828(c)) and the rules and regulations promulgated thereunder, and applicable waiting periods shall have expired; and
Federal Reserve Approval. Specifically, but without limiting the ------------------------ effect of Section 5.5, promptly upon execution of this Agreement, First Financial shall make application to the FRB for prior approval to acquire the Southlake Bancshares Stock in accordance with this Agreement as required by the Bank Holding Company Act of 1956, as amended, and applicable regulations. Promptly upon receipt, First Financial shall furnish Southlake Bancshares and Bank with a copy of the notice of approval or disapproval of the application made by it to the FRB.
Federal Reserve Approval. The Company has received the necessary approval of the Federal Reserve to purchase the Class B Shares from net proceeds of the IPO as contemplated hereby.
Federal Reserve Approval. As applicable, the date thirty days following the date of the order of the Board of Governors approving the Holding Company Merger; or if, pursuant to section 321(a) of the Riegle Act, in connection with such xx xxxroval order the Board of Governors shall have prescribed a shorter period of time with the concurrence of the Attorney General of the United States, the date on which such shorter period of time shall elapse; or the date five days following the expiration of the period provided in section 225.12(d)(2)(v) of Regulation Y of the Board of Governors, 12 C.F.R.ss. 225.12(d)(2)(v), during whxxx xxx Board of Governors may inform NBT that an application to the Board of Governors is required in connection with the Holding Company Merger, if the Board of Governors has not so informed NBT.
Federal Reserve Approval. The Subscriber understands that a conversion into the Company’s Common Stock exceeding certain percentage limits may be subject to approval from the Federal Reserve under applicable law and as stated in the Preferred Stock Designation.
Federal Reserve Approval. The Federal Reserve Board shall have approved, pursuant to Section 3 of the BHC Act, the acquisition by Baylake of the Bank and the shares owned by M&I with such approval including no terms or conditions unacceptable to Baylake or M&I, or shall have waived its requirement for such approval and any waiting periods prescribed by the BHC Act shall have expired. The Federal Reserve Bank of Chicago shall have approved the special dividend from its wholly-owned subsidiary Baylake Bank to Baylake, as contemplated in Exhibit 5.1(c).
