Holding Company Formation definition

Holding Company Formation has the meaning set forth in Section 2.4(b).
Sample 1
Holding Company Formation has the meaning ascribed thereto in the recitals to this Agreement.
Sample 1
Holding Company Formation means one or more related transactions in which: (i) a Person acquires all of the issued and outstanding Capital Stock of the Company in exchange for the issued and outstanding Capital Stock of such Person, whether directly or indirectly or through a share exchange or subsidiary merger; and , (ii) such Person assumes all of the Obligations of the Company under the Notes, this Indenture and the Registration Rights Agreement.
Sample 1

Examples of Holding Company Formation in a sentence

  • The Bank Holding Company Formation as contemplated herein and in the Bank Holding Company Formation Agreement shall have been consummated.

  • Intermediate Holding Company Formation: This term shall have the -------------------------------------- meaning given it in the Canadian Bank Credit Agreement.

  • Subject to the terms and conditions herein provided, CU Bancorp and CUB agree to use all commercially reasonable efforts to take, or cause to be taken, all action and to do, or cause to be done, all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement, including but not limited to the formation of CU Merger Sub II and the consummation of the Bank Holding Company Formation.

  • CU Bancorp and CUB shall have obtained any and all material permits, authorizations, consents, waivers, clearances or approvals required for the lawful consummation of the Bank Holding Company Formation, the Merger, the Bank Holding Company Merger and the Bank Merger.

  • CU Bancorp and CUB shall use their reasonable best efforts to cause the Bank Holding Company Formation to occur as soon as possible and to cause the consummation of the Bank Holding Company Merger and the Bank Merger to occur as soon as reasonably practicable after the Effective Time.

  • Immediately prior to the Closing and subject to the terms and conditions of this Agreement and the Bank Holding Company Formation Agreement in the form attached hereto as Exhibit “B,” the receipt of all necessary Regulatory Approvals and Shareholder Approvals, CU Bancorp will acquire all of the outstanding voting common stock, no par value, of CUB (the “CUB Common Stock”) and thereby become a bank holding company for CUB.

  • IN WITNESS WHEREOF, the parties hereto have caused this Agreement to Merge and Plan of Holding Company Formation to be executed by their duly organized officers as of the day and year first above written.

  • Shareholder agrees to cooperate fully with 1st Pacific in connection with the Bank Holding Company Formation and the Stock Purchase, including providing all information reasonably requested by the regulatory authorities on a timely basis in connection with Shareholder’s applications for approval as the controlling shareholder of the Surviving Bank Holding Company.

  • The holding period of the shares of HoldingCo Common Stock received or treated as received by a holder of RMST Common Stock pursuant to the Merger would include the holding period of the shares of RMST Common Stock exchanged therefore or treated as exchanged therefore, provided the RMST Common Stock is held as a capital asset by such holder at the time of the Holding Company Formation (which includes the Merger).

  • If Borrower elects to consummate the Qualified Holding Company Formation, same shall have been consummated no later than the second anniversary of the Closing Date.


More Definitions of Holding Company Formation

Holding Company Formation as defined in Section 1.01 of the Indenture; and
Sample 1

Related to Holding Company Formation

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

  • CFC Holding Company means any Domestic Subsidiary that owns no material assets (directly or indirectly) other than Equity Interests and debt of one or more CFCs or Domestic Subsidiaries that are themselves CFC Holding Companies.

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Holding Company Act means the Public Utility Holding Company Act of 1935, as amended.

  • Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

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

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Bank Holding Company means a company registered as such with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. §1842 and the regulations of the Board of Governors of the Federal Reserve System thereunder.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • Savings and Loan Holding Company means a company registered as such with the Office of Thrift Supervision pursuant to 12 U.S.C. §1467(a) and the regulations of the Office of Thrift Supervision promulgated thereunder.

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a limited liability company, the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or (ii) a limited liability company the primary asset of which consists of Equity Interests in a Foreign Subsidiary.

  • Generating Company means any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person, which owns or operates or maintains a generating station;

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Bidding Company means a Subsidiary of the Company whose capital is beneficially owned by the Company and any other Person or Persons that are not Affiliates of the Company for the sole purpose of directly or indirectly bidding on construction projects.

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.

  • existing company means a company formed and registered under any of the previous companies laws…”

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • Holding Company Transaction means the occurrence of (a) any transaction (including, without limitation, any acquisition, merger or consolidation) the result of which is that a “person” or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended, (i) becomes the direct or indirect ultimate “beneficial owner,” as defined in Rule 13d-3 under that Act, of common equity of the Issuer representing more than 50% of the voting power of the outstanding Common Stock or (ii) is otherwise required to consolidate the Issuer for purposes of generally accepted accounting principles in the United States, or (b) any consolidation or merger of the Issuer or similar transaction or any sale, lease or other transfer in one transaction or a series of related transactions of all or substantially all of the consolidated assets of the Issuer and its subsidiaries, taken as a whole, to any Person other than one of the Issuer’s subsidiaries; provided that, in the case of either clause (a) or (b), the Issuer or the Acquiror is or becomes a Bank Holding Company or Savings and Loan Holding Company.

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.