Buyer Banks definition

Buyer Banks means Brookline Bank and Bank Rhode Island.
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Buyer Banks shall have the meaning ascribed thereto in Section 3.11 hereof.
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Buyer Banks means Brookline Bank and First National Bank of Ipswich.
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Examples of Buyer Banks in a sentence

  • Illuminating Engineering Society of North America//Lighting Handbook.

  • Furthermore, the Board of Directors of each of the Buyer Banks has adopted and each of the Buyer Banks has implemented an anti-money laundering program that contains adequate and appropriate customer identification verification procedures that has not been deemed ineffective by any Governmental Authority and that meets the requirements of Sections 352 and 326 and all other applicable provisions of the USA Patriot Act and the regulations thereunder.

  • The Buyer Banks are, and immediately after the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the OTS and the OCC.

  • No other corporate action and no other corporate proceedings on the part of the Buyer Bank are necessary to authorize the Bank Merger Agreement or the performance of the Buyer Bank's obligations thereunder or to consummate the transactions contemplated thereby.

  • Buyer and its subsidiaries, including the Buyer Banks, have in place and maintain internal policies and procedures that are reasonably designed to ensure the foregoing.

  • No action, suit or proceeding by or before any Governmental Authority or any arbitrator involving Buyer or its Subsidiaries, including each of the Buyer Banks, with respect to the Money Laundering Laws, any economic or trade sanctions administered by OFAC or the U.S. Department of State or the Privacy Requirements is pending or, to the knowledge of Buyer, threatened.

  • Each of Buyer’s Subsidiaries is engaged solely in activities that are permissible for a subsidiary of a bank holding company and, if a Subsidiary of a Buyer Bank, is engaged solely in activities that are permissible for the Buyer Banks, at locations where the Buyer Banks may engage in such activities and subject to the same requirements as would apply to such activities if conducted by the Buyer Banks.

  • Beginning with the first annual shareholder meeting after such election or appointment and thereafter, such designated persons shall be subject to the same nomination and election procedures as the other directors on Buyer Bank's board of directors.

  • During the period from the date hereof to the Effective Time, Seller shall cause Seller Bank and its directors, officers and employees to, and shall make all reasonable efforts to cause Seller Bank's third party providers to, cooperate and assist Buyer Bank in connection with Buyer Bank's planned or proposed integration of Seller Bank's products and services, personnel, departments, data and electronic processing, and employee benefits with those of Buyer Bank.

  • Neither Buyer and nor any of its Subsidiaries, including each Buyer Bank, has engaged in transactions of any type with any party described in clauses (A) through (H) in the past and neither Buyer nor any of its Subsidiaries, including each of the Buyer Banks, is currently engaging in such transactions.


More Definitions of Buyer Banks

Buyer Banks means Chitxxxxxx Xxxst Company, Ocean National Bank, Flagship Bank and Trust Company, The Bank of Western Massachusetts and Maine Bank & Trust Company.
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Related to Buyer Banks

  • Buyers has the meaning set forth in the preamble.

  • Buyer Entities means, collectively, Buyer and all Buyer Subsidiaries.

  • Buyer has the meaning set forth in the preamble.

  • Sellers has the meaning set forth in the preamble.

  • Seller Entities means the Seller and its affiliates other than the Buyer Entities;

  • HCBS means home- and community-based services.

  • Merger Subs has the meaning set forth in the Preamble.

  • Buyer Parties has the meaning set forth in the Preamble.

  • Merger Subsidiary has the meaning set forth in the preamble to this Agreement.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Seller Parent has the meaning set forth in the Preamble.

  • Merger Sub has the meaning set forth in the Preamble.

  • Seller has the meaning set forth in the Preamble.

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • SLDC means the State Load Dispatch Center as notified by the State Government.

  • Buyer Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Buyer under this Agreement or in connection herewith.

  • Acquiror has the meaning set forth in the Preamble.

  • Merger Sub 1 has the meaning set forth in the Preamble.

  • Target Companies means the Company and its Subsidiaries.

  • Seller Affiliates has the meaning assigned to such term in Section 2.7.1;

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Parents means parents or guardians;

  • Merger Sub 2 has the meaning set forth in the Preamble.

  • Buyer Parent has the meaning set forth in the Preamble.

  • Backstop Parties means those parties that agree to backstop the Rights Offering pursuant to the Backstop Commitment Letter, each in its respective capacity as such.

  • Buyer Representatives means the Buyer's accountants, counsel, environmental consultants, financial advisors and other authorized representatives.