BHC Act definition

BHC Act means the Bank Holding Company Act of 1956, as amended.

BHC Act means the federal Bank Holding Company Act of 1956, as amended.

BHC Act has the meaning set forth in Section 3.1(b)(ii).

Examples of BHC Act in a sentence

• NBT is a Delaware corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and is duly registered as a financial holding company under the BHC Act.

• Transactions approved under section 3 of the BHC Act or the Bank Merger Act generally may not be completed until thirty (30) days after the approval of the applicable federal agency is received, during which time the DOJ may challenge the transaction on antitrust grounds.

• In the event that the Agent is a Covered Entity and the Agent or a BHC Act Affiliate of the Agent becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Agent are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

• Unless a waiver is obtained, the transactions contemplated by the merger agreement are subject to approval by the Federal Reserve Board pursuant to section 3 of the BHC Act with respect to the merger of CBB with and into Southern States.

• In the event that any Agent that is a Covered Entity or a BHC Act Affiliate of such Agent becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against such Agent are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

More Definitions of BHC Act

BHC Act means the federal Bank Holding Company Act of 1956, as amended, and rules and regulations thereunder.

BHC Act. The United States Bank Holding Company Act of 1956, as amended, as the same may be further amended from time to time.

BHC Act means the federal Bank Holding Company Act of 1956, as amended, and the rules and regulations thereunder.

BHC Act means Bank Holding Company Act of 1956, as amended and as interpreted and implemented by the Board of Governors of the Federal Reserve System, whether pursuant to regulation, interpretation or otherwise.

BHC Act means the federal Bank Holding Company Act of 1956, as amended, and the Federal Reserve regulations thereunder.

BHC Act the federal Bank Holding Company Act of 1956.

BHC Act has the meaning set forth in Section 5.03(g)(i).