CIBC Act definition

CIBC Act means the Change in Bank Control Act of 1978, as amended.
Sample 1Sample 2Sample 3
CIBC Act means the Change in Bank Control Act.
Sample 1Sample 2Sample 3
CIBC Act means the Change in Bank Control Act of 1978.
Sample 1Sample 2Sample 3

Examples of CIBC Act in a sentence

  • Without limiting the foregoing, assuming the accuracy of the representations and warranties of the Company contained herein, the Purchaser represents and warrants that it does not and will not as a result of its purchase or holding of the purchased Common Shares or any other securities of the Company have “control” of the Company or the Bank, and has no present intention of acquiring “control” of the Company or the Bank, for purposes of the BHCA or the CIBC Act.

  • Without limiting the foregoing, assuming the accuracy of the representations and warranties of the Company contained herein, the Investor represents and warrants that it does not and will not as a result of its purchase or holding of the purchased Common Shares or any other securities of the Company have “control” of the Company or the Bank, and has no present intention of acquiring “control” of the Company or the Bank, for purposes of the BHCA or the CIBC Act.

  • In connection with the CIBC Act Notice, certain of the Investor’s limited partners will be subject, as a result of the size of their limited partnership interests in the Investor and of the Investor’s proposed acquisition of voting stock of the Company, to regulatory filing requirements of their own (“LP Filing Requirements”).

  • Without limiting the foregoing, assuming the accuracy of the representations and warranties of the Company contained herein, the Purchaser represents and warrants that it does not and will not as a result of its purchase or holding of the purchased Shares or any other securities of the Company have “control” of the Company or the Bank, and has no present intention of acquiring “control” of the Company or the Bank, for purposes of the BHCA or the CIBC Act.

  • Each Purchaser shall have received, in its sole discretion, satisfactory feedback from the Federal Reserve and the OCC that it will not have “control” of the Company or the Bank for purposes of the BHCA and that no notice is required under the CIBC Act.

  • Assuming the accuracy of the representations and warranties of the Company contained herein, Purchaser represents that neither it nor its Affiliates will, as a result of the transactions contemplated herein, be deemed to (i) own or control 10% or more of any class of voting securities of the Company or (ii) otherwise control the Company for purposes of the BHC Act or CIBC Act.

  • The Investor confirms that the it does not have and will not exercise, directly or indirectly, with or in concert with any other person or group, “control” over the Company for purposes of the BHC Act and the CIBC Act.

  • Under the CIBC Act, the OCC has 60 days to review a complete Notice, although it has the discretionary authority to extend the period.

  • Without limiting the foregoing, assuming the accuracy of the representations and warranties of the Company contained herein, the Purchaser represents and warrants that it does not and will not as a result of its purchase or holding of the purchased Shares or any other securities of the Company have “control” of the Company or the Bank, and has no present intention of acquiring “control” of the Company or the Bank, for purposes of the BHC Act or the CIBC Act.

  • Assuming the accuracy of the representations and warranties of the Company contained herein, such Purchaser represents that neither it nor its Affiliates will, as a result of the transactions contemplated herein, be deemed to (i) own or control 10% or more of any class of voting securities of the Company or (ii) otherwise control the Company for purposes of the BHC Act or CIBC Act.


More Definitions of CIBC Act

CIBC Act means the federal Change in Bank Control Act, as amended, and the Federal Reserve regulations thereunder.
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CIBC Act has the meaning set forth in Section 8(b).
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CIBC Act has the meaning set forth in Section 3.15.
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Related to CIBC Act

  • FMC Act means the Financial Markets Conduct Act 2013.

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • BHC Act means the Bank Holding Company Act of 1956, as amended.

  • 2000 Act means the Regulation of Investigatory Powers Act 2000;

  • POPI Act means the Protection of Personal Information Act 4 of 2013 as may be amended from time to time;

  • Bank Holding Company Act means the Bank Holding Company Act of 1956, as amended.

  • Society Act means the Society Act of the Province of British Columbia from time to time in force and all amendments to it;

  • Investment Company Act means the Investment Company Act of 1940, as amended.

  • Public Service Act ’ means the Public Service Act, 1994 (Proclamation No. 103 of 1994);

  • Companies Act means the Companies Act (as amended) of the Cayman Islands.

  • BHCA means the Bank Holding Company Act of 1956, as amended.

  • Banking Act means the UK Banking Act 2009, as amended.

  • the Companies Act means the Companies Act 1981 of Bermuda as may from time to time be amended;