Change in Bank Control Act definition

Change in Bank Control Act means the Change in Bank Control Act of 1978, as amended.

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Change in Bank Control Act means Section 18(c)(1)(A) of the Federal Insurance Corporation Act.

Change in Bank Control Act means 12 U.S.C. Section 1817(j).

Examples of Change in Bank Control Act in a sentence

Purchaser understands and acknowledges that: (i) the Company is a registered bank holding company under the BHCA, and is subject to regulation by the FRB; (ii) acquisitions of interests in bank holding companies are subject to the BHCA and the Change in Bank Control Act (the “CIBCA”) and may be reviewed by the FRB to determine the circumstances under which such acquisitions of interests will result in Purchaser becoming subject to the BHCA or subject to the prior notice requirements of the CIBCA.
For so long as BlackRock shall be deemed a subsidiary of ▇▇▇▇▇▇▇ ▇▇▇▇▇ for purposes of the Home Owners Loan Act or Change in Bank Control Act, ▇▇▇▇▇▇▇ ▇▇▇▇▇ shall have appropriate coordination rights with respect to holdings of voting shares of savings and loan holdings companies, savings associations, banks and bank holding companies.
Therefore, the Securities may be considered “voting securities” for purposes of the Bank Holding Company Act of 1956, as amended and the Change in Bank Control Act.
In the application of regulations under the Change in Bank Control Act or the Savings and Loan Holding Company Act, determinations to be made by the applicable federal banking regulator shall be made by the Board of Directors.
No Purchaser shall, without the prior consent of the Company, contribute capital to the Company or acquire an amount of voting securities of the Company that in either case would cause such Purchaser to be deemed to control the Company for purposes of the Bank Holding Company Act of 1956, as amended, or the Change in Bank Control Act of 1978, as amended.
Each Purchaser agrees that it shall not, without the prior written consent of the Company, contribute capital to the Company or acquire an amount of voting securities of the Company that in either case would cause or be reasonably likely to cause such Purchaser, to be deemed to control the Company for purposes of the Bank Holding Company Act of 1956, as amended, or the Change in Bank Control Act of 1978, as amended, or applicable state Law.
For these purposes, “control” has the meaning commonly ascribed to that term under any statute or regulation governing banking institutions or the control thereof, including without limitation, the Change in Bank Control Act and the Bank Holding Company Act of 1956, as amended.
E8–6798 Filed 4–1–08; 8:45 am] The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company.
Therefore, the Securities may be considered "voting securities" for purposes of the Bank Holding Company Act of 1956, as amended and the Change in Bank Control Act.
The Food and Drug Administration (FDA) is announcing that a proposed collection of information has been submitted to the Office of Management and Budget (OMB) for review and clearance under The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company.

More Definitions of Change in Bank Control Act

Change in Bank Control Act means the Change in Bank Control Act of 1978, as amended. “Claims” has the meaning set forth in S ection 9(a).

Change in Bank Control Act means Section 18(c)(1)(A) of the Federal Insurance Corporation Act. "IRS" means the Internal Revenue Service. "Material Adverse Change" or "Material Adverse Effect" means, when used with respect to the Company or Parent, as the case may be, any change or effect that is or would reasonably be expected (as far as can be foreseen at the time) to be materially adverse to the business, results of operations, or condition (financial or otherwise), of the Company and its Subsidiaries, taken as a whole, or Parent and its Subsidiaries, taken as a whole; provided, however, that the effects of changes that are generally applicable to the industries in which the Company operates or to the United States economy generally, or which result from the announcement of the transactions contemplated by this Agreement, shall be excluded from such determination. "Other Cards" shall include Discover, JCB, American Express, Diners Club, ▇▇▇▇▇ ▇▇▇▇▇▇▇ and any other Card or similar instrument which may be issued by a debit card network or any other Card Association (or licensee thereof) other than Mastercard or Visa. "Subsidiary" means any corporation, partnership, limited liability company, joint venture or other legal entity of which Parent, Bank One or the Company, as the case may be (either alone or through or together with any other such Subsidiary), owns, directly or indirectly, 50% or more of the stock or other equity interests the holders of which are generally entitled to vote for the election of the board of directors or other governing body of such corporation, partnership, limited liability company, joint venture or other legal entity. "Transaction Card" means a Card issued pursuant to a license from a Card Association for which the Company and/or any of its Subsidiaries currently provides service support.