Examples of Bank Holdco in a sentence
If formed, these new entities would collectively hold 100% of the equity interests in New Arcapita Holdco 1 and New Arcapita Bank Holdco.
A new Delaware limited liability company (“New Arcapita Bank Holdco”) will also be formed as a subsidiary of New Arcapita Topco, among other reasons, to hold the Arcapita Bank Shares to be transferred to New Arcapita Bank Holdco.
New Arcapita Bank Holdco will own, after the Effective Date, more than 50% of the issued and outstanding Shares in Reorganized Arcapita Bank.
Should such conditions occur, we could experience price and margin erosion.
As provided in the Shareholder Acknowledgment and Assignment Affidavit, Holders of more than 50% of the outstanding Shares in Arcapita Bank have agreed to transfer such Shares to New Arcapita Bank Holdco in exchange for the Transferring Shareholder Warrants in accordance with Section 7.8 of the Plan.
New Arcapita Topco means the entity to be incorporated in the Cayman Islands and formed on or prior to the Effective Date that will issue the New Arcapita Shares and own, after the Effective Date, 100% of the issued and outstanding shares in New Arcapita Bank Holdco and 99.99% of the issued and outstanding shares in New Arcapita Holdco 1.
The crime of infringing upon trade secrets is a kind of crime of infringing upon intellectual property rights.
None of CB, Cornerstone Bank, Holdco, Merger Sub, Providence Bank or any of their Subsidiaries, shall be required to provide access to or to disclose information where such access or disclosure would jeopardize the attorney-client privilege of such Party or its Subsidiaries or contravene any law, rule, regulation, order, judgment, decree, fiduciary duty or binding agreement entered into before the date of this Agreement.
All information and materials provided by CB, Cornerstone Bank, Holdco, Merger Sub or Providence Bank pursuant to this Agreement shall be subject to the provisions of the Mutual Nondisclosure Agreement entered into between Providence Bank and CB dated March 21, 2017.
She accuses Mullikan of “taking her May 2019 voucher from her” in an act of deliberate retaliation, and of defamation, libel, and slander.