Examples of Home Savings in a sentence
In the event any payments to the Executive pursuant to this Agreement are prohibited or limited by the provisions of such statute or regulation, UCFC or Home Savings, as the case may be, will use its commercially reasonable efforts to obtain the consent of the appropriate regulatory authorities to the payment to the Executive of the maximum amount that is permitted (up to the full amount due under the terms of this Agreement).
Home Savings is subject to various regulatory capital requirements administered by the federal banking agencies.
Lessor hereby represents that as of the date of both parties' execution of the Lease, there is no loan, mortgage, deed of trust or ground lease affecting the Premises or Project other than a first deed of trust in favor of Home Savings & Loan ("Lender").
If Home Savings is not required to file an application, it must file a notice of the proposed capital distribution with the OTS.
Effective upon the Commencement Date, any and all prior agreements with the Employers or with Harvest Home Financial Corporation, Harvest Home Savings Bank or The Oakley Improved Building and Loan Company (collectively, the “Former Employers”) shall terminate, with no obligations to the Executive thereunder on the part of the Former Employers.
The Bank has invested in joint ventures through its subsidiary, Home Savings Corporation ("HSC").
All assets, rights, interests, privileges, powers, franchises and property (real, personal and mixed) of Home Savings and Park View shall be automatically transferred to and vested in the Surviving Institution by virtue of the Merger without any deed or other document of transfer.
Home Savings' capital classification is also subject to qualitative judgments by the regulators about components, risk weightings, and other factors.
Any notice or other communication required or permitted pursuant to this AGREEMENT shall be deemed delivered if such notice or communication is in writing and is delivered personally or by facsimile transmission or is deposited in the United States mail, postage prepaid, addressed as follows: If to the COMPANY: Chairman and CEO The Home Savings and Loan Company Of Youngstown, Ohio 000 Xxxxxxx Xxxxx Xxxx Xxxxxxxxxx, Xxxx 00000 If to the EXECUTIVE: Xxxxxxx X.
Quantitative measures established by regulation to ensure capital adequacy require Home Savings to maintain minimum amounts and ratios of Core and Tangible capital (as defined in the regulations) to adjusted total assets (as defined) and of total capital (as defined) to risk-weighted assets (as defined).