Acquiror Subsidiary definition

Acquiror Subsidiary means any Subsidiary of Acquiror.
Acquiror Subsidiary has the meaning assigned in Section 8.03(c)(i).
Acquiror Subsidiary or "Acquiror Subsidiaries") set forth on Schedule 3.1 is a corporation validly existing and in good standing under the laws of the jurisdiction in which the subsidiary is incorporated, and Acquiror and each of its subsidiaries is duly qualified to do business and is in good standing in each jurisdiction in which the nature of the business conducted or the properties or assets owned or leased by it makes such qualification necessary, except where the failure to be so qualified would not have a material adverse effect on Acquiror. Acquiror is a registered savings and loan holding company under the Home Owners' Loan Act of 1933, as amended ("HOLA"). Acquiror and each of its subsidiaries has the corporate power and authority to carry on its and their business as now conducted, and to own, lease and operate its and their properties. The Articles of Incorporation and Bylaws of Acquiror, copies of which previously have been made available to the Company, are true, correct and complete copies of such documents in effect as of the date of this Agreement.

Examples of Acquiror Subsidiary in a sentence

  • The capitalization of each Acquiror Subsidiary is as set forth on Schedule 6.

  • Each Acquiror Subsidiary is an entity duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and is also in good standing in each other jurisdiction in which the nature of the business conducted or the properties or assets owned or leased by it makes such qualification necessary, except where the failure to be so qualified and in good standing would not have a Material Adverse Effect on Acquiror.

  • All Liabilities of the Acquiror or the Acquiror Subsidiary shall have been paid off at or prior to the Closing and shall in no event remain Liabilities of the Acquiror, the Acquiree or the Acquiree Shareholders following the Closing.

  • There are no outstanding obligations of Acquiror or any Acquiror Subsidiary to repurchase, redeem or otherwise acquire any Acquiror Securities.

  • There are no outstanding obligations of Acquiror or any of its Subsidiaries to repurchase, redeem or otherwise acquire any outstanding Acquiror Subsidiary Securities.


More Definitions of Acquiror Subsidiary

Acquiror Subsidiary means a corporation, partnership, joint venture or other entity of which Acquiror owns, directly or indirectly, at least 50% of the outstanding securities or other interests the holders of which are generally entitled to vote for the election of the board of directors or other governing body or otherwise exercise Control of such entity.
Acquiror Subsidiary has the meaning ascribed to such term in the recitals to this Agreement. "AFFILIATE" means, when used with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, controls or is controlled by or is under common control with the Person specified. A-1
Acquiror Subsidiary means a Subsidiary of Acquiror and "COMPANY SUBSIDIARY" means a Subsidiary of the Company.
Acquiror Subsidiary is a Subsidiary of the Acquiror. Except as set forth in Section 2.5 of the Disclosure Schedule, Acquiree does not control directly or indirectly or have any direct or indirect equity participation or similar interest in any corporation, partnership, limited liability company, joint venture, trust or other business association.
Acquiror Subsidiary or “Acquiror Subsidiaries” means a Subsidiary or Subsidiaries of Acquiror.
Acquiror Subsidiary means a Subsidiary of Acquiror, including Acquisition Corp and Landmark Bank.
Acquiror Subsidiary means any corporation, partnership, company, joint venture, limited liability company or other legal entity in which Acquiror, directly or indirectly, owns at least a 50% stock or other equity interest or for which Acquiror, directly or indirectly, acts as a general partner and (b) the term "Acquiror Subsidiaries" means each Acquiror Subsidiary. Each of the Acquiror Banks is a state chartered commercial bank duly organized and validly existing in stock form and in good standing under the laws of the State of New Jersey. All eligible accounts of depositors issued by the Acquiror Banks are insured by the Bank Insurance Fund of the FDIC to the fullest extent permitted by law. Each Acquiror Subsidiary has full power and authority to own or lease all of its properties and assets and to carry on its business as it is now being conducted, and is duly licensed or qualified to do business as a foreign corporation and is in good standing in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned or leased by it makes such licensing or qualification necessary, except where the failure to be so licensed, qualified or in good standing would not have a Material Adverse Effect on the Acquiror and the Acquiror Subsidiaries, taken as a whole. The Acquiror Disclosure Schedule sets forth true and complete copies of the Certificate of Incorporation and By-laws, as in effect on the date hereof, of the Acquiror. Except with respect to the Acquiror Subsidiaries, the Acquiror does not own or control, directly or indirectly, any equity interest in any corporation, company, association, partnership, joint venture, limited liability company or other entity.