Financial Institution. The term “Financial Institution” means (i) any federal or state chartered bank, savings bank, savings and loan association, or credit union (a “Depository Institution”), (ii) any holding company for, or corporation that owns or controls, any Depository Institution (a “Holding Company”), (iii) any subsidiary or service corporation of any Depository Institution or Holding Company, or any entity controlled in any way by any Depository Institution or Holding Company, or (iv) any other Person engaged in the business of making loans of any type, soliciting or taking deposits, or providing any other service or product that is provided by the Bank or one of its affiliated corporations.
Appears in 5 contracts
Samples: Employment Agreement (Bank of the Carolinas CORP), Employment Agreement (Bank of the Carolinas CORP), Employment Agreement (Bank of the Carolinas CORP)
Financial Institution. The term “Financial Institution” means (i) any federal or state chartered bank, savings bank, savings and loan association, association or credit union (a “Depository Institution”), (ii) any holding company for, or corporation that owns or controls, any Depository Institution (a “Holding Company”), (iii) any subsidiary or service corporation of any Depository Institution or Holding Company, or any entity controlled in any way by any Depository Institution or Holding Company, or (iv) any other Person engaged in the business of making loans of any type, soliciting or taking deposits, or providing any other service or product that is provided by the Bank or one of its affiliated corporations.
Appears in 2 contracts
Samples: Employment Agreement (Bank of the Carolinas CORP), Employment Agreement (Bank of the Carolinas CORP)
