Busey Bank definition

Busey Bank means Busey Bank, a wholly owned subsidiary of the corporation.
Busey Bank means Busey Bank, an Illinois state-chartered bank which is a Wholly Owned Subsidiary of the Company.
Busey Bank means Busey Bank, a wholly-owned Subsidiary of First Busey.

Examples of Busey Bank in a sentence

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

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

  • 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.

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

  • The Auction conducted following a Triggering Event shall be binding on any Member (or assignee of an economic interest) subject to such Triggering Event (or requesting any Auction following the death of a Member) and that Member (or assignee of an economic interest) shall sell his,her or its Membership Interest to the highest bidder(s) and shall have no power, right or authority to reject such bid.

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

  • In addition, if Employee terminates Employee’s employment with either Pulaski Bank or Busey Bank for any or no reason, then no Retention Bonus shall be paid.

  • 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.

  • During the hearing, Rogers‟ counsel indicated that Busey Bank and Monroe Bank had instituted actions against Rogers and Small.On October 30, 2009, the trial court entered its order, stating, in part, as follows: Rogers has paid more than his pro rata share of the amounts that have been paid to the banks.

  • Busey Bank shall pay to Employee severance equal to fifty-two (52) weeks’ base salary as of the date of termination (the “Severance Payment”) if, prior to December 31, 2017, Busey Bank terminates Employee’s employment for any reason other than disciplinary or unsatisfactory performance reasons in accordance with First Busey’s personnel manual.


More Definitions of Busey Bank

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.

Related to Busey Bank

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • GS Bank shall have the meaning assigned to such term in the preamble to this Agreement.

  • Bank is defined in the preamble hereof.

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

  • Bancorp means Eagle Bancorp, Inc., a Maryland corporation.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • KeyBank means KeyBank National Association.

  • Foothill means Foothill Capital Corporation, a California corporation.

  • SunTrust means SunTrust Bank.

  • First Nation means the ___________ First Nation, being a band named in the schedule to the Act;

  • 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.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • The Bank means the Bank of India;

  • SBI / Bank means State Bank of India (client) a body Corporate created under SBI Act 1955, having one of its Circle Office at State Bank of India, III/1 Pandit Jawaharlal Nehru Marg, Bhubaneswar- 01 and includes the client’s representatives, successors and assigns.

  • Royal Bank means Royal Bank of Canada.

  • Bank One means Bank One, NA, a national banking association having its principal office in Chicago, Illinois, in its individual capacity, and its successors.

  • Commercial Bank means a bank, defined as a scheduled bank under section 2(e) of the Reserve Bank of India Act, 1934.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from 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.

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Savings bank means a state banking corporation organized or reorganized under this act.

  • PNC Bank means PNC Bank, National Association.

  • CIT means The CIT Group/Business Credit, Inc.

  • Tissue bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of tissue.

  • Non-U.S. Bank means a Person that is not a United States Person and that is not described in Section 881(c)(3) of the Code.

  • The World Bank means the International Bank for Reconstruction and Development (IBRD) or the international Development Association (IDA).