Constituent Bank definition

Constituent Bank means a Subsidiary which is a Bank.
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Constituent Bank means a party to a merger.
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Constituent Bank means any Subsidiary that is a Bank.
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Examples of Constituent Bank in a sentence

  • If the Director approves the merger application, FHFA shall provide written notice of the approval and any conditions to each Constituent Bank, as well as to each other Bank and the Office of Finance.

  • The members of a Constituent Bank shall be considered to have ratified a merger agreement if a majority of votes cast in the election have been cast in favor of the ratification of the merger agree- ment.

  • A Constituent Bank shall tabulate the votes cast im- mediately after the closing date.

  • The Constituent Bank, or the Continuing Bank, as appropriate, shall retain all ballots received for at least two years after the date of the elec- tion, and shall not disclose how any member voted.

  • If the Direc- tor denies the merger application, FHFA shall provide written notice of the denial to each Constituent Bank, as well as to each other Bank and the Office of Finance, and the notice to the Constituent Banks shall include a statement of the reasons for the denial.§ 1278.6 Ratification by Bank Mem- bers.(a) Requirements for member vote.

  • The Company will not pledge, mortgage or hypothecate, or permit to exist any pledge, mortgage or hypothecation or other lien upon, any shares of Capital Stock of a Constituent Bank to secure any indebtedness for borrowed money without making effective provisions whereby the Securities shall be equally and ratably secured with any and all such indebtedness.

  • As used in this Article Six, the term “indebtedness” shall not include any transaction (including an agreement with respect thereto) that is an interest rate swap, interest rate option, equity or equity index swap, equity or equity index option, bond or bond index swap, bond or bond index option, or similar transaction, or any combination thereof, entered into by a Principal Constituent Bank in the ordinary course of its business.

  • If the Direc- tor denies the merger application, FHFA shall provide written notice of the denial to each Constituent Bank, as well as to each other Bank and the Office of Finance, and the notice to the Constituent Banks shall include a statement of the reasons for the denial.

  • Subject to Article Eight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence, rights (charter and statutory) and franchises and the corporate existence, rights (charter and statutory) and franchises of each Principal Constituent Bank.

  • As noted, the Parties stipulated that the Property’s value is $208,000.00.


More Definitions of Constituent Bank

Constituent Bank. The term "Constituent Bank" means any Subsidiary that is a Bank.
Sample 1Sample 2Sample 3
Constituent Bank means a Subsidiary of the Issuer which is a Bank.
Sample 1Sample 2
Constituent Bank means a Bank that is proposing to merge with one or more other Banks. Each Bank entering into a merger is a Constituent Bank, re- gardless of whether it is also a Con- tinuing Bank.
Sample 1
Constituent Bank means any Subsidiary which is a Bank with its principal office in Michigan.
Sample 1

Related to Constituent Bank

  • Constituent Company means an existing company that is participating in a merger or consolidation with one or more other existing companies;

  • Constituent entity means: (i) with respect to an MNE Group having a Reporting Entity resident for tax purposes in the Isle of Man, (A) any separate business unit of an MNE Group that is included in the consolidated financial statements for financial reporting purposes or would be so included if equity interests in such business unit of an MNE Group were traded on a public securities exchange, (B) any separate business unit that is excluded from the MNE Group’s consolidated financial statements solely on size or materiality grounds, and (C) any permanent establishment of any separate business unit of the MNE Group included in (A) or (B) above provided the business unit prepares a separate financial statement for such permanent establishment for financial reporting, regulatory, tax reporting, or internal management control purposes; and (ii) with respect to an MNE Group having a Reporting Entity resident for tax purposes in the United States, any “Constituent Entity” as defined in the relevant U.S. Treasury regulations;

  • Constituent corporation means a corporation or a foreign corporation that:

  • Constituent organization means an organization that is party to a merger.

  • Constituent Corporations has the meaning set forth in the second recital of this Agreement.

  • Constituent Person has the meaning specified in Section 5.6(b).

  • Constituent Documents means with respect to any Person, as applicable, such Person’s certificate of incorporation, articles of incorporation, by-laws, certificate of formation, articles of organization, limited liability company agreement, management agreement, operating agreement, shareholder agreement, partnership agreement or similar document or agreement governing such Person’s existence, organization or management or concerning disposition of ownership interests of such Person or voting rights among such Person’s owners.

  • Constituent means any State resident or other person

  • Constituent Holder means any stockholder, collective investment fund included within a Qualifying Fund (as defined in paragraph (E) below) or beneficial holder whose stock ownership is counted for the purposes of qualifying as holding the Proxy Access Request Required Shares (as defined in paragraph (E) below) or qualifying as an Eligible Stockholder (as defined in paragraph (E) below);

  • Member bank means a national bank, state bank, or trust company which is a member of the United States federal reserve system.

  • Bank Subsidiary means the subsidiary or subsidiaries of the Bank which may from time to time be specified by the Bank to the Customer;

  • Parent Organizational Documents means the certificate of incorporation and bylaws, each as amended as of the date of this Agreement, of each of Parent and Merger Sub.

  • constituency means an Assembly constituency 2* * * ;

  • Constituent College means a college or institution established and maintained by the University;

  • Delaware Bank has the meaning specified in the preamble to this Trust Agreement.

  • New Organizational Documents means the documents providing for corporate governance of New Valaris Holdco and the Reorganized Debtors, including charters, bylaws, operating agreements, or other organizational documents or shareholders’ agreements, as applicable, consistent with section 1123(a)(6) of the Bankruptcy Code (as applicable).

  • Operating Subsidiary means a majority-owned subsidiary of a financial

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

  • Governing Documents means, with respect to any Person, the certificate or articles of incorporation, by-laws, or other organizational documents of such Person.

  • Subsidiary of the Company or “Subsidiary” means a corporation, a majority of the outstanding voting shares of which is owned, directly or indirectly, by the Company or by one or more subsidiaries of the Company and, as used in this definition, “voting shares” means shares of a class or classes ordinarily entitled to vote for the election of the majority of the directors of a corporation irrespective of whether or not shares of any other class or classes shall have or might have the right to vote for directors by reason of the happening of any contingency;

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

  • Articles of Incorporation means the Articles of Incorporation of the Company, as amended from time to time.

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

  • Company Organizational Documents means the certificate of incorporation and bylaws (or the equivalent organizational documents) of the Company and its Subsidiaries as in effect on the date of this Agreement.

  • Surviving Bank has the meaning set forth in Section 1.03.

  • Parent Subsidiary means any Subsidiary of Parent.