Financial Holding Company. The Company is a financial holding company registered under the Bank Holding Company Act of 1956, as amended; and each of the Company’s banking subsidiaries holds the requisite authority from its respective banking regulatory authority to do business as a national banking association under the laws of the United States or as a state-chartered banking corporation under the laws of such subsidiary’s jurisdiction of incorporation, as the case may be.
Financial Holding Company. The Company is duly registered as a bank holding company under the Bank Holding Company Act of 1956, as amended (the “BHC Act”), does not (directly or indirectly) own or control the stock or voting securities of any depository institution other than the Bank Subsidiary (as defined below), and its direct and indirect activities and investments are authorized for a bank holding company and its subsidiaries pursuant to the BHC Act. The Company is “well capitalized” as that term is defined at 12 CFR part 225. The Company has not elected to become a “financial holding company” as such term is defined in 12 C.F.R. § 225.81.
Financial Holding Company. The Company is a “financial holding company” as such term is defined in 12 C.F.R. § 225.81.
Financial Holding Company. The Company is a “financial holding company” as such term is defined by the Gxxxx-Xxxxx-Xxxxxx Act (the “GLBA”).
Financial Holding Company. (i) by the Scheme Court Hearing, none of the FCA, BaFin, and ACPR has confirmed in writing that UK TopCo will become a financial holding company as defined in Article 4(1)(20) of Regulation (EU) No 575/2013 as a result of the Merger; or
(ii) in the case of any such confirmation having been provided, a Panel Statement relating to the circumstances described in (i) above having been published;
Financial Holding Company. The Borrower shall cease to be a financial holding company.
Financial Holding Company. The Company has been duly organized and is validly existing as a registered financial holding company under the Bank Holding Company Act of 1956, as amended (“BHCA”). The activities of the Company’s subsidiaries are permitted of subsidiaries of a financial holding company under applicable law and the rules and regulations of the Board of Governors of the Federal Reserve System (the “FRB”).
Financial Holding Company. Establishment by the Vendor of a financial holding company in Trinidad and Tobago as required to allow the parties to the Distribution Agreement and their relevant affiliates to undertake the activities contemplated thereunder immediately upon effectiveness of the Distribution Agreement.
Financial Holding Company. FSLB shall have qualified and be approved as a "financial holding company" under the Bank Holding Company Act.
Financial Holding Company. The Company is a "financial holding company" as such term is defined by the GLBA.
