Examples of Continuing Bank in a sentence
In determining whether to approve a merger of Banks under the authority of § 1278.2, the Director shall take into consideration the financial and managerial resources of the Con- stituent Banks, the future prospects of the Continuing Bank, and the effect of the proposed merger on the safety and soundness of the Continuing Bank and the Bank system.
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.
Each such Replacement Bank shall become a Continuing Bank hereunder in replacement for the Non-Extending Bank.
The senior executive officers of the Continuing Bank shall consist of those persons as set forth in EXHIBIT B attached hereto, each to hold office in accordance with the bylaws of the Continuing Bank as in effect at and after the Effective Time.
The Board of Directors of the Continuing Bank shall consist of those persons as set forth in EXHIBIT A attached hereto.