MB Bank definition
Examples of MB Bank in a sentence
The directors of the Resulting Bank shall be the directors of MB Bank immediately prior to the Bank Merger Effective Time.
This business shall be conducted at the main office of MB Bank in Chicago, Illinois, and at its legally established branch offices, which shall include the branch offices of MB Bank and the home and branch offices of ▇▇▇▇▇▇ Bank.
At the election of MB Bank, the structure of the Bank Merger may be revised to provide instead for the merger of MB Bank with and into ▇▇▇▇▇▇ Bank, with ▇▇▇▇▇▇ Bank as the Resulting Bank, and by changing the name of the surviving bank to "MB Financial Bank".
If MB Bank elects to revise the structure of the Bank Merger pursuant to this Section 9, MB Bank and ▇▇▇▇▇▇ Bank shall execute all documents and take all other actions determined by MB Bank to be necessary or appropriate in connection therewith, including, without limitation, any amendment to this Agreement to conform to the requirements of the Illinois Banking Act or other applicable law or regulation or as may otherwise be determined by MB Bank to be necessary or appropriate.
Immediately following the Merger, ▇▇▇▇ ▇▇▇▇▇▇ Bank, an Illinois chartered commercial bank and a wholly-owned Subsidiary of TCG, will merge (the "Bank Merger") with MB Financial Bank, National Association ("MB Bank"), a national banking association and a wholly-owned subsidiary of MB.
MB Bank or ▇▇▇▇ ▇▇▇▇▇▇ Bank, as designated by MB, shall be the surviving entity in the Bank Merger and, following the Bank Merger, the separate corporate existence of the merging entity shall cease.
No MB Bank Insider has any direct or indirect interest in any property, assets, business or right which is owned, leased, held or used by MBFI or any of its Subsidiaries or in any liability, obligation or indebtedness of MBFI or any of its Subsidiaries, except for deposits of MB Bank.
In connection with the examinations of MB Bank since December 31, 2002 by the OCC or any other Regulatory Authority, MB Bank was not required to correct or change any action, procedure or proceeding which MBFI believes has not been corrected or changed as required.
It is the intention MBFI to use, chose or retain, as applicable, the best practices, best systems, and best personnel of MB Bank and OB Bank, as applicable, after the Bank Merger.
This Agreement may be terminated or amended by the mutual written consent of MB and ▇▇▇▇▇▇, or by action of the respective boards of directors of MB Bank and ▇▇▇▇▇▇ Bank.