Provident Bank definition
Examples of Provident Bank in a sentence
The Trust was created pursuant to a Pooling and Servicing Agreement dated as of December 1, 2003 (the "Agreement") among the Depositor, The Provident Bank, as servicer (the "Servicer"), and Deutsche Bank National Trust Company, a national banking association, as trustee (the "Trustee").
The deposits of Provident Bank are insured by the FDIC to the fullest extent permitted by law, and all premiums and assessments required to be paid in connection therewith have been paid when due.
We enjoy a strong and long-term relationship with Provident Bank, with credit lines for both chassis and working capital.
The funds for this settlement are being deposited in Provident Bank for disbursement.
In rendering its opinion, such counsel may require and rely upon customary representations contained in certificates of officers of PFS, Provident Bank, SBBX and SB One Bank, reasonably satisfactory in form and substance to such counsel.
Salesman Its: Vice President The undersigned, the “Participant” under that certain Participation Agreement dated as of October 29, 2002 between the The Provident Bank (the “Bank”) and the undersigned, hereby consents to the execution and delivery by the Bank and Bioanalytical Systems, Inc.
This Agreement shall not be construed to limit the ability of PFS or The Provident Bank to terminate the employment of any employee or to review employee benefits programs from time to time and to make such changes as they deem appropriate.
Subject to the terms and conditions herein provided, PFS agrees to use and agrees to cause The Provident Bank to use all commercially reasonable efforts to take, or cause to be taken, all action and to do, or cause to be done, all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement.
This Amendment and the rights, interests and obligations hereunder may not be assigned by any party hereto without the prior written consent of the other parties hereto, except that Buyer or CCG may make such assignments to any Affiliate of Buyer or CCG provided that Buyer or CCG remain liable hereunder, and, further, Buyer and CCG may collaterally assign their rights hereunder to Provident Bank or other commercial lending institution.
Either PFS or The Provident Bank owns all of the outstanding shares of capital stock of each PFS Subsidiary free and clear of all liens, security interests, pledges, charges, encumbrances, agreements and restrictions of any kind or nature, except that, in the case of PSB Funding Corporation, PFS owns 100% of the common securities and less than 100% of the preferred securities.