Interim Bank means a national bank that does not operate independ- ently but exists solely as a vehicle to accomplish a business combination.

Interim Bank means a bank established exclusively for the temporary purposes set forth in this regulation.

Interim Bank has the meaning set forth in the preamble to this Agreement.

Examples of Interim Bank in a sentence

Any reference to the Bank or the Interim Bank in any contract, will or document, whether executed or taking effect before or after the Merger, shall be considered a reference to the Continuing Bank if not inconsistent with the other provision of the contract, will or document.
Capital State shall merge with and into Capital Interim Bank under the charter of the latter, pursuant to the laws of West Virginia and the United States.
The Holding Company, as the organizer and sole stockholder of the Interim Bank, agrees to cause the Interim Bank to execute this Agreement promptly following the corporate organization of the Interim Bank.
Pursuant to the Plan of Reorganization and Agreement of Merger, between the Corporation, Nara Bank, N.A. and Nara Interim Bank, N.A, stock certificates of Nara Bank, N.A. shall also be valid stock certificates of the Corporation.
The Bank and the Holding Company agree to be bound by this Agreement prior to and following such execution by the Interim Bank.

More Definitions of Interim Bank

Interim Bank means American Interim Bank, an interim savings bank to be organized under HOLA for the sole purpose of consummating the transactions provided for herein.

Interim Bank means Western Interim Bank, a commercial bank to be organized under the laws of the Commonwealth for the sole purpose of consummating the transactions provided for herein.

Interim Bank has the meaning given to such term in the Background Section of this Agreement.

Interim Bank means Oriental Interim Bank, a bank organized under the laws of the Commonwealth for the sole purpose of consummating the transactions provided for herein.

Interim Bank means Santander Interim Bank, a bank organized under the Banking Law for the sole purpose of consummating the transactions provided for herein.

Interim Bank means a bank established for the purposes set forth in this regulation.

Interim Bank has the meaning set forth in Section 2.01(a).