Buyer Banks definition

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

Examples of Buyer Banks in a sentence

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

  • 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.

  • 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.

  • Except for the adoption of the Bank Merger Agreement by the Buyer Bank's stockholders, 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 Bank Merger.

  • Promptly following the Effective Time, Buyer shall cause, for a period of not less than twelve months after the Effective Time, those persons who are members of the Board of Directors of the Company (other than any such person who shall be appointed to the Board of Directors of Buyer pursuant to Section 7.14) to be appointed to Buyer Bank's community advisory council.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.


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.

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, collectively, Seller and all Seller Subsidiaries.

  • HCBS means home- and community-based services.

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

  • Buyer Parties means Buyer, Owner, the Lenders and each of their Affiliates and all of their respective directors, officers, agents, advisors, engineers, contractors, consultants, representatives, assigns, employees and any other Person acting on behalf of any of them or in representation, interest, benefit thereto.

  • 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.

  • CBN or "Cannabinol" means 6,6,9-trimethyl-3-pentyl-benzo[c]chromen-1-ol.

  • 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 specified in the Preamble hereto.

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

  • Target Companies has the meaning set forth in the recitals.

  • Seller Affiliates has the meaning ascribed thereto in Section 2.8.

  • 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, collectively, the Initial Backstop Parties and the Additional Backstop Parties.

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