Common use of Regulatory Capitalization Clause in Contracts

Regulatory Capitalization. The Company Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Samples: Merger Agreement (Northeast Bancorp /Me/), Merger Agreement (Merrill Merchants Bancshares Inc)

AutoNDA by SimpleDocs

Regulatory Capitalization. The Company Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDICOCC, as amended from time to time. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB, as amended from time to time.

Appears in 2 contracts

Samples: Merger Agreement (NBT Bancorp Inc), Merger Agreement (Alliance Financial Corp /Ny/)

Regulatory Capitalization. The Company Bank is, and immediately after prior to the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Samples: Merger Agreement (Union Bankshares Co/Me), Merger Agreement (Camden National Corp)

Regulatory Capitalization. The Company Bank is, and immediately after prior to the Effective Time will be, “well capitalized,” ”, as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Samples: Merger Agreement (People's United Financial, Inc.), Merger Agreement (LSB Corp)

Regulatory Capitalization. The Company and the Company Bank isare, and immediately after prior to the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FRB and the FDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Samples: Merger Agreement (PCSB Financial Corp), Merger Agreement (Brookline Bancorp Inc)

Regulatory Capitalization. The Company Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDICapplicable to it, as amended from time to time. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB, as amended from time to time.

Appears in 2 contracts

Samples: Merger Agreement (DCB Financial Corp), Merger Agreement (First Commonwealth Financial Corp /Pa/)

Regulatory Capitalization. The Company Bank is, and immediately after as of the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Samples: Merger Agreement (Bancorp Rhode Island Inc), Merger Agreement (Brookline Bancorp Inc)

Regulatory Capitalization. The Company Bank is, and immediately after as of the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDICOCC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Samples: Merger Agreement (Randolph Bancorp, Inc.), Merger Agreement (Camden National Corp)

Regulatory Capitalization. The Company and Company Bank isare, and immediately after prior to the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FRB and the FDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Merger Agreement (Camden National Corp)

Regulatory Capitalization. The Company Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules applicable laws and regulations promulgated by of the Ohio Division and the FDIC, as amended from time to time. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB, as amended from time to time.

Appears in 1 contract

Samples: Merger Agreement (CNB Financial Corp/Pa)

Regulatory Capitalization. The Company Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDICOCC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Merger Agreement (Beverly National Corp)

AutoNDA by SimpleDocs

Regulatory Capitalization. The Company Bank is, and immediately after as of the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB12 C.F.R. § 225.2(r)(1).

Appears in 1 contract

Samples: Merger Agreement (Coastway Bancorp, Inc.)

Regulatory Capitalization. The Company Bank is, and immediately after the Effective Time will be, “well capitalized,” ”, as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Merger Agreement (Massbank Corp)

Regulatory Capitalization. The Company Bank is, and immediately after the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Merger Agreement (Slades Ferry Bancorp)

Regulatory Capitalization. The Company Bank is, and immediately after as of the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Merger Agreement (Orrstown Financial Services Inc)

Regulatory Capitalization. The Company Bank is, and immediately after the Effective Time will be, "well capitalized,” " as such term is defined in the rules and regulations promulgated by the FDICOCC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Merger Agreement (Danvers Bancorp, Inc.)

Regulatory Capitalization. The Company Bank is, and immediately after as of the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Merger Agreement (Orrstown Financial Services Inc)

Regulatory Capitalization. The Company Bank is, and immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the FDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Samples: Merger Agreement (Independent Bank Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!