Maine Superintendent definition

Maine Superintendent means the Superintendent of the Bureau of Banking of the State of Maine.

Maine Superintendent shall have the meaning set forth in Section 5.6(a).

Maine Superintendent means the Superintendent of the Bureau of Banking of the State of Maine. "Material Adverse Effect" means, with respect to Parent or the Company any effect that (i) is material and adverse to the financial position, results of operations or business of Parent and its Subsidiaries taken as a whole or the Company and its Subsidiaries taken as a whole, as the case may be, or (ii) would materially impair the ability of any of Parent and its Subsidiaries or the Company and its Subsidiaries to perform their respective obligations under this Agreement or the Bank Merger Agreement or otherwise materially impede the consummation of the Transactions; provided, however, that Material Adverse Effect shall not be deemed to include the impact of (a) changes in banking, corporate or tax laws or regulations of general applicability or interpretations thereof by Governmental Authorities, (b) changes in GAAP or regulatory accounting requirements applicable to banks or bank holding companies generally, (c) changes in interest rates or general economic conditions affecting banks and their holding companies generally, (d) any modifications or changes to valuation policies and practices, or expenses incurred, in connection with the Transactions or restructuring charges taken in connection with the Transactions, in each case in accordance with GAAP, and (e) with respect to the Company, the effects of any action or omission taken with the prior consent of Parent or as otherwise contemplated by the Agreement. "Material Contracts" has the meaning set forth in Section 5.03(k)(i). "MBCA" means the Maine Business Corporation Act, as amended. "Merger" has the meaning set forth in Section 2.01(a). "Merger Consideration" means the number of whole shares of Parent Common Stock, plus cash in lieu of any fractional share interest, into which shares of Company Common Stock shall be converted pursuant to the provisions of Article III. "Nasdaq" means The Nasdaq Stock Market, Inc.'s NASDAQ National Market or such national securities exchange on which the Parent Common Stock may be listed. "National Labor Relations Act" means the National Labor Relations Act, as amended. "OCC" means the Office of the Comptroller of the Currency. "Option Cash-Out Amount" means, for each Company Option a cash amount equal to the difference between (x) the exercise price applicable to such Company Option and (y) $42.00; provided, however, that if the Average Share Price is less than $17.00, "(y)" shall equal the pro...

Examples of Maine Superintendent in a sentence

• Within thirty (30) days after the Annual Meeting of the Board of Directors for election of officers, the Clerk shall cause to be published in a local newspaper of general circulation in Hancock County, or in such other newspaper as may be designated by the Maine Superintendent of Banking, a list of the officers and directors of the Company and shall return a copy of such list of officers to the Maine Superintendent of Banking to be kept on file for public inspection.

• The Bank Merger shall be effected by (i) the filing of this executed Agreement, together with the certified resolutions of the constituent stockholders approving it, with the Maine Superintendent, and (ii) the granting of approval of the Agreement and Bank Merger by the Maine Superintendent.

• With the prior approval of the Maine Superintendent of Banking and subject to restrictions imposed by applicable law, the Company may issue shares of capital stock for lawful purposes and may repurchase shares for the purpose of reducing its outstanding stock.Sec.

• Provided the Company has cooperated as required above, Buyer agrees to file the requisite applications to be filed by it with the FRB, OCC, FDIC, the Maine Superintendent of Banks and the Governmental Authorities of the states in which Buyer, the Company and their respective Subsidiaries operate.

• As promptly as practicable following consummation of the Merger, receipt of the required approval of the Superintendent of the Maine Bureau of Banking (the Maine Superintendent ), approval of the stockholders of each of United Bank and the Bank, receipt of all of the required regulatory approvals and the expiration of all waiting periods related to such approvals, the Bank Merger shall be effected pursuant to which United Bank shall merge with and into the Bank.

• The Bank Merger shall be effected by the filing of this executed Bank Merger Agreement together with the certified resolutions of the constituent stockholders approving it with the Maine Superintendent.

• This legislation, which was popularly known as "Fresh Start," required the Maine Superintendent of Insurance to annually determine whether the premiums collected for policies written in the involuntary market and related investment income were adequate on a policy-year basis.

• As promptly as practicable following consummation of the Merger, receipt of the required approval of the Superintendent of the Maine Bureau of Banking (the "Maine Superintendent"), -------------------- approval of the stockholders' of each of United Bank and the Bank, receipt of all of the required regulatory approvals and the expiration of all waiting periods related to such approvals, the Bank Merger shall be effected pursuant to which United Bank shall merge with and into the Bank.

• As promptly as practicable following consummation of the Merger, receipt of the required approval of the Superintendent of the Maine Bureau of Banking (the "Maine Superintendent"), approval of the stockholders' of each of Norway Savings and the Bank, receipt of all of the required regulatory approvals and the expiration of all waiting periods related to such approvals, the Bank Merger shall be effected pursuant to which the Bank shall merge with and into Norway Savings.

• The certificate, if any, with respect to the effectiveness of the Bank Merger that may be issued by the Maine Superintendent of Financial Institutions (the “Superintendent”) will reflect an effective date and time of the Bank Merger consistent with the Effective Time designated by the OCC.