Examples of Bancorp Subsidiaries in a sentence
Northfield Bancorp and the Northfield Bancorp Subsidiaries that are at least 80 percent (80%) owned by Northfield Bancorp are members of the same affiliated group within the meaning of Code Section 1504(a).
Regal Bancorp and the Regal Bancorp Subsidiaries, taken as a whole, have not suffered any Material Adverse Effect since December 31, 2021, and no event has occurred or circumstance arisen since that date that, in the aggregate, has had or is reasonably likely to have a Material Adverse Effect on Regal Bancorp and the Regal Bancorp Subsidiaries, taken as a whole.
Each of the other Bancorp Subsidiaries is duly organized, validly existing and in good standing under the laws of the state of its incorporation.
Regal Bancorp and the Regal Bancorp Subsidiaries are members of the same affiliated group within the meaning of Code Section 1504(a).
To the Knowledge of Regal Bancorp, the loans, discounts and the accrued interest reflected on the books of Regal Bancorp and the Regal Bancorp Subsidiaries are subject to no defenses, set-offs or counterclaims (including, without limitation, those afforded by usury or truth-in-lending laws), subject to the Enforceability Exceptions.