Providing for Acting Home Offices Sample Clauses

Providing for Acting Home Offices. In case of, and provided that, because of war or warlike damage or disaster, the home office of this bank is unable temporarily to continue its functions, the Montrose Branch, located at 0000 Xxxxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxxxx 00000, shall automatically and without further action of the board of directors, become the "acting home office of this bank"; if by reason of said war or warlike damage or disaster both the home office of this bank and the said Montrose Branch of this bank are unable to carry on their functions, then and in such case, the Xxxxxxx Oaks Branch of this bank, located at 00000 Xxxxxxxxx Xxxxx, Xxxxxxx Xxxx, California 91413, shall without further action of the board of directors, become the "acting home office of this bank"; and if neither the Montrose Branch nor the Xxxxxxx Oaks Branch can carry on its functions, then the Xxxxxxx Hills Branch of this bank, located at 0000 Xxxxxxxx Xxxxxxxxx, Xxxxxxx Xxxxx, Xxxxxxxxxx 00000, shall without further action of the board of directors, become the "acting home office of this bank"; and if neither the Montrose Branch, the Xxxxxxx Oaks Branch nor the Xxxxxxx Hills Branch can carry on its functions, then the Newport Beach Branch of this bank, located at 000 Xxxxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxxxxx 00000, shall without further action of the board of directors, become the "acting home office of this bank"; and if neither the Montrose Branch, the Xxxxxxx Oaks Branch, the Xxxxxxx Hills Branch nor the Newport Beach Branch can carry on its functions, then the Ventura Branch of this bank, located at 000 Xxxxx Xxxx Xxxx, Xxxxxxx, Xxxxxxxxxx 00000, shall without further action of the board of directors, become the "acting home office of this bank"; and if neither the Montrose Branch, the Xxxxxxx Oaks Branch, the Xxxxxxx Hills Branch, the Newport Beach Branch nor the Ventura Branch can carry on its functions, then the San Xxxxx Xxxxxx of this bank located at 000 Xxxxx Xx Xxxxxx Xxxx, Xxx Xxxxx, Xxxxxxxxxx 00000, shall without further action of the board of directors, become the "acting home office of this bank"; and if neither the Montrose Branch, the Xxxxxxx Oaks Branch, the Xxxxxxx Hills Branch, the Newport Center Branch, the Ventura Branch nor the San Xxxxx Xxxxxx can carry on its functions, then the East Las Olas Branch of this bank located at 000 Xxxx Xxx Xxxx Xxxxxxxxx, Xxxx Xxxxxxxxxx, Xxxxxxx 00000, shall without further action of the board of directors, become the "acting home office of t...
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Related to Providing for Acting Home Offices

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