Banking Commission definition
Examples of Banking Commission in a sentence
Upon receipt at of the principal amount of the Subordinated Notes, the Company will either invest the principal amount received in other Eligible Investments or, if the Company elects to redeem the Company Preferred Securities at such time (subject to having received prior approval of the Swiss Federal Banking Commission to do so, if then required), apply such amount to the redemption price of the Company Preferred Securities.
In accordance with Articles two (2) through five (5) of the Due Diligence Convention and the Federal Banking Commission Circular of December 1998, concerning the prevention of money laundering, and Article 305 of the Swiss Criminal Code, the following information may be supplied to banks and/or other financial institutions for the purpose of verification of identity.
The Board of Directors shall be composed at all times by at least 11 (eleven) board members, in the understanding that the Board shall always be composed of an odd number of members and at least 25% (twenty five percent) shall have an independent capacity in terms of Article 24 of the Stock Market Law and the general nature regulations issued by the National Banking Commission.
Any redemption of Company Preferred Securities must comply with applicable regulatory requirements, including the prior approval of the Swiss Federal Banking Commission if then required under applicable guidelines or policies of the Swiss Federal Banking Commission.
I hereby represent that I am not an informant, nor am I associated with any government agency of the United States of America, or any other country, such as the Secret Service, Internal Revenue Service, Federal Bureau of Investigation, Central Intelligence Agency, Securities and Exchange Commission, Banking Commission, nor any agency whose purpose is to gather information regarding such offerings.
The company may request the National Securities and Banking Commission an authorization to use a different basis to determine the offering price considering the financial situation and perspectives of the company, as long as there is an approval of the Board of Directors prior to an opinion of the committee that performs matters related to companies practices- containing the motives by which it is justified to establish a different price and supported by a report of an independent expert.
Tenant’s obligations under this Lease are expressly conditioned upon the written approval of the Premises for the location of a bank by the North Carolina State Banking Commission and the Federal Deposit Insurance Corporation.
Anson and Uwharrie agree to file with state and federal governmental bodies and authorities (including without limitation the North Carolina Banking Commission and the Federal Reserve Board) all required applications, notifications and report forms and other documents required to be filed under any applicable law, rule or regulation, to permit the purchase contemplated by this Agreement (collectively, "Regulatory Filings").
It is however released from this obligation, either at the Client’s request or if the law so provides, in particular with regard to the Banking Commission, the French Central Bank or legal authorities acting in connection with criminal proceedings.
Bancorp and Mutual each agrees with the other that it will promptly prepare and file, or cause to be prepared and filed, all applications required to be filed by it under applicable law and regulations for approvals by Regulatory Authorities of the Merger or other transactions described in this Agreement, including without limitation any required applications for the approval of the Commissioner, the SEC, the FDIC, and the North Carolina Banking Commission (the “Commission”).