Bancorp Subsidiaries definition

Bancorp Subsidiaries means BMSB, a wholly-owned subsidiary of Bancorp, and the following wholly-owned subsidiaries of BMSB: Beneficial Investment Center, LLC, Xxxxxxx Corporation, Beneficial Insurance Services, LLC and BSB Union Corporation, which constitute all of the direct and indirect subsidiaries of Bancorp.

Bancorp Subsidiaries means WSAC, WSCDC, WSFC, WSMC and WSPI, the direct and indirect subsidiaries of Bancorp.

Bancorp Subsidiaries shall have the respective meanings set forth in Section 4.1.

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, as lessee, have the right under valid and existing leases of real and personal properties used by Regal Bancorp and its Subsidiaries in the conduct of their businesses to occupy or use all such properties as presently occupied and used by each of them.

• Regal Bancorp and the Regal Bancorp Subsidiaries 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.

More Definitions of Bancorp Subsidiaries

Bancorp Subsidiaries means WSAC, WSCDC, WSFC, WSMC and WSPI.

Bancorp Subsidiaries means corporations, savings banks and other entities of which Bancorp owns or controls 5% or more of the outstanding equity securities either directly or through an unbroken chain of entities as to each of which 5% or more of the outstanding equity securities is owned directly or indirectly by its parent and any joint ventures in which Bancorp has an equity interest including, without limitation, First Federal and Westco, Inc.; provided, however,

Bancorp Subsidiaries means the Subsidiaries of Bancorp, which shall include the Bancorp Subsidiaries described in Section 6.4 hereof and any corporation, bank, or other Person acquired as a Subsidiary of Bancorp in the future and owned by Bancorp at the Effective Time.

Bancorp Subsidiaries means any corporation, limited liability company, partnership, or other entity, 50% or more of the capital stock, membership interests, or partnership interests of which is owned, either directly or indirectly, by NW Bancorp, except any corporation, limited liability company, partnership, or other entity, the stock, membership interests, or partnership interests of which is held in the ordinary course of the lending activities of NWS Bank as a result of foreclosed collateral or a settlement of a debt previously contracted. PAC means the Pennsylvania Associations Code.

Bancorp Subsidiaries means the Subsidiaries of Bancorp, which shall include the Bancorp Subsidiaries described in Section 5.4 and any corporation, bank, savings association, or other organization acquired as a Subsidiary of Bancorp in the future and held as a Subsidiary by Bancorp at the Effective Time.

Bancorp Subsidiaries means Bancorp Bank, Bancorp Capital Trust I, and any corporation and other entity that Bancorp directly or indirectly controls, or of which Bancorp directly or indirectly owns or controls 5% or more of the outstanding equity securities and any joint ventures created or existing pursuant to a written agreement in which Bancorp has a 5% equity interest; provided, however, there shall not be included any such entity to the extent that the equity securities of such entity are owned or controlled in a bona fide fiduciary capacity or as the result of the resolution of debt previously contracted (whether previously or hereinafter created) in the ordinary course of business. The term "Bancorp Subsidiary" shall mean any single subsidiary constituting one of the several Bancorp Subsidiaries.

Bancorp Subsidiaries means corporations, savings banks and other entities of which Bancorp owns or controls 5% or more of the outstanding equity securities either directly or through an unbroken chain of entities as to each of which 5% or more of the outstanding equity securities is owned directly or indirectly by its parent and any joint ventures in which Bancorp has an equity interest including, without limitation, First Federal and Westco, Inc.; provided, however, there shall not be included any such entity acquired in good faith through foreclosure, or any such entity to the extent that the equity securities of such entity are owned or controlled in a bona fide fiduciary capacity, through a small business investment corporation, or otherwise as an investment by an entity that invests in unaffiliated companies in the ordinary course of business. The term "Bancorp Subsidiary" shall mean any single subsidiary constituting one of the several Bancorp Subsidiaries.