Busey Bank definition

Busey Bank means Busey Bank, a wholly owned subsidiary of the corporation.
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Busey Bank means Busey Bank, a wholly-owned Subsidiary of First Busey.
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Busey Bank means Busey Bank, an Illinois state-chartered bank which is a Wholly Owned Subsidiary of the Company. “Company” has the meaning provided in the preamble.
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Examples of Busey Bank in a sentence

  • Principal and interest shall be paid to Busey Bank or its assigns in a timely manner according to the Lease-Purchase Loan.

  • In addition, Busey Bank shall be a third-party beneficiary of this Section 6 entitled to enforce any rights thereunder.

  • The tax/insurance escrow shall be paid to Busey Bank or its assigns to be held by that institution in accordance with its standard tax/insurance escrow practice.

  • The Corporation may assign any of its rights under the non-competition covenant described herein to Busey Bank at any time.

  • The Board may, in its sole discretion, cause Executive’s employment to be transferred from Busey Bank to any wholly-owned subsidiary, in which case all references in this Agreement to “Busey Bank” will be deemed to refer to such subsidiary.

  • On June 1, 2012, the Company entered into a mortgage note with Busey Bank for $855,000.

  • You hereby acknowledge and agree that your removal as Chief Executive Officer of Busey Bank at the Closing Date and your removal as Chief Executive Officer of the Surviving Corporation as of the earlier of (a) the 12-month anniversary of the closing of the Bank Merger and (b) the 18-month anniversary of the Effective Time, and the associated changes resulting from the Succession Plan will not give rise to Constructive Discharge under Section 4(c) of your Employment Agreement.

  • McComb stated that Busey Bank is the current depository for district funds.

  • One of either Pulaski Bank or Busey Bank shall employ and Employee agrees to remain employed by Pulaski Bank or Busey Bank during the period beginning at the Effective Time and continuing through the transition of business and operations to Busey Bank and ending on 30 days following the merger of Pulaski Bank with and into Busey Bank (the “Post-Closing Transition Period”).

  • In addition to asserting a right of contribution against Small as a co-guarantor of the promissory notes executed in favor of Busey Bank, Rogers asserted a right of contribution against Small as a co-guarantor of the promissory notes executed in favor of Monroe Bank.Small filed his answer on May 26, 2009.


More Definitions of Busey Bank

Busey Bank means Busey Bank, an Illinois state-chartered bank which is a Wholly Owned Subsidiary of the Company.
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Related to Busey Bank

  • Bank is defined in the preamble hereof.

  • Bank Holding Company means a company registered as such with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. §1842 and the regulations of the Board of Governors of the Federal Reserve System thereunder.

  • State bank means any bank incorporated pursuant to the provisions of this chapter after January 1, 1970, and any “state bank” incorporated pursuant to the laws of this state and doing business as such on January 1, 1970, or a bank organized as a limited liability company or a mutual corporation under this chapter.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Savings bank means a savings bank that is organized under the savings bank act, 1996 PA 354, MCL 487.3101 to 487.3804, or the laws of another state, the District of Columbia, a territory or protectorate of the United States, or of the United States, whose deposits are insured by the Federal Deposit Insurance