Oregon Bank Act definition

Oregon Bank Act means Chapter 706 through 716 of the Oregon Revised Statutes.
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Oregon Bank Act means Chapters 706 through 716 of the Oregon Revised Statutes. (lll) “Oregon Director” means the Director of the Oregon Department of Consumer and Business Services acting by and through the Administration of the Division of Finance and Corporate Securities.
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Oregon Bank Act has the meaning specified in Section 1.1.
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Examples of Oregon Bank Act in a sentence

  • The term "Egregious Conduct" by a person will mean acts or omissions that involve intentional misconduct or a knowing violation of law, participation in any transaction from which the person will personally receive a benefit in money, property, or services to which the person is not legally entitled, an unlawful distribution under the Oregon Bank Act, and conduct for which the person is adjudged liable to the corporation.

  • The authorized capital stock of Colonial Bank consists of 2,000,000 shares of common stock ($5.00 par value) of which 235,993 shares are outstanding and are validly issued, fully paid and nonassessable (except as provided by the Oregon Bank Act) and 160,857 shares of preferred stock ($10.50 par value) of which 143,008 shares are outstanding and are validly issued, fully paid and nonassessable (except as provided by the Oregon Bank Act).

  • The sole shareholder of Umpqua Bank will not be entitled to dissenters’ rights pursuant to Chapter 711.104 of the Oregon Bank Act, and accordingly, no shares of the Surviving Bank will be disposed of as the result of dissenting shareholders.

  • Upon the terms and subject to the conditions set forth in this Agreement, and in accordance with the Oregon Bank Act, ORS Chapters 707 through 711, and Division 1 of the California Financial Code, MVB shall be merged (the "Merger") with and into the Bank at the Effective Time.

  • Subject to the terms and conditions of this Agreement, Mid-Valley will merge with and into WCB at the Effective Time (as defined in Section 1.2) in accordance with the Oregon Bank Act (the “Act”).

  • From and after the Effective Time, the Bank shall be the resulting bank (in such capacity, the "Resulting Bank") and shall succeed to and assume all of the rights and obligations of MVB in accordance with the California Financial Code and the Oregon Bank Act.

  • Subject to the provisions of this Agreement, as soon as practicable on or after the Closing Date, the parties shall file with the Oregon Director a plan of merger in the form of Exhibit A together with such other evidence as the Oregon Director may require (all such documents collectively, the "Plan of Merger") in accordance with ORS 711.145(1)(a) and shall make all other filings or recordings required under the Oregon Bank Act.

  • Upon performance of all of the covenants of the parties hereto and fulfillment or waiver (to the extent waiver is permitted by law) of all of the conditions contained herein, and promptly following the Effective Time: L-B Bank will be merged with and into Umpqua Bank in accordance with the provisions of the Oregon Bank Act.

  • Subject to the terms and conditions set forth in this Agreement, promptly following the Effective Time: 2.2.1 Each of the WSB Banks will be merged with and into Umpqua Bank in accordance with the provisions of the Oregon Bank Act.

  • The Merger will become effective upon the acceptance of filing by the Oregon Department of a Plan of Merger pursuant to the Oregon Bank Act.

Related to Oregon Bank Act

  • Bank Act means the Bank Act (Canada);

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Bank Office means the designated office for payment of the Bank as indicated on the signature page hereof. The Bank will notify the Issuer in writing of any change in location of the Bank Office.

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • JPMorgan Chase Bank means JPMorgan Chase Bank, N.A. and its successors.

  • Wells Fargo Bank Wells Fargo Bank, N.A., or its successor in interexx.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • GS Bank shall have the meaning assigned to such term in the preamble to this Agreement.

  • Bank of America means Bank of America, N.A. and its successors.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • NationsBank means NationsBank, N.A. and its successors.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Federal home loan bank means a federal home loan bank established under the federal Home Loan Bank Act, 12 U.S.C. §1421 et seq.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Name of Institution Federated Bank Loan Core Fund By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: VP-Sr Analyst/Portfolio Manager For any institution requiring a second signature line: By: Name: Title: ☒ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans). Name of Institution: First American Title Insurance Company By: Pacific Investment Management Company LLC, as its Investment Advisor By: /s/ Xxxxxx Y.D. Xxx Name: Xxxxxx Y.D. Ong Title: Executive Vice President For any institution requiring a second signature line: By: Name: Title: ☒ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans). Name of Institution: Flagship CLO VIII Ltd BY: Deutsche Investment Management Americas Inc., As Interim Investment Manager By: /s/ Xxxx Xxxxxxx Name: Xxxx Xxxxxxx Title: Portfolio Manager For any institution requiring a second signature line: By: /s/ Xxx Xxxxxxxxx Name: Xxx Xxxxxxxxx Title: Vice President ☒ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans).

  • Bank One means Bank One, NA, a national banking association having its principal office in Chicago, Illinois, in its individual capacity, and its successors.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Schedule III bank means an authorized foreign bank named in Schedule III of the Bank Act (Canada);

  • U.S. Bank means U.S. Bank National Association.

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • Bank of America Fee Letter means the letter agreement, dated as of September 28, 2018 between the Borrower and Bank of America.