Reorganization Notice definition

Reorganization Notice means a no- tice of a proposed mutual holding com- pany reorganization that is in the form and contains the information required by the Board.

Reorganization Notice is defined in Section 9.01(e).

Reorganization Notice means anotice of a proposed mutual holding company reorganization that is in the form and contains the information required by the Board.

Examples of Reorganization Notice in a sentence

• Sixty days have passed since the OTS received the Reorganization Notice and deemed it complete under § 516.210 or § 516.220 of the OTS regulations, and the OTS has not given written notice that the Reorganization is disapproved or extended for an additional 30 days the period during which disapproval may be issued.

• Each Reorganization Notice submitted to the OTS pursuant to § 575.3(b) of this part and each application for approval of the issuance of stock submitted to the OTS pursuant to § 575.7(a) of this part shall be in the form and contain the information specified by the OTS.(2) Filing instructions.

• Sixty days have passed since the OTS received the Reorganization Notice and deemed it complete under ss.

• Sixty days have passed since the OTS received the Reorganization Notice and deemed it sufficient under Section 516.210 or Section 516.220 of the Regulations, and the OTS has not given written notice that the Reorganization is disapproved or extended for an additional 30 days the period during which disapproval may be issued.

• No later than thirty days after the reorganization, the mutual holding company shall file with the Board a certification stating that the mutual holding company will not deviate ma- terially, or cause its subsidiary savings associations to deviate materially, from the business plan submitted in connection with the Reorganization Notice, unless prior written approval from the Board is obtained.

• Each Reorganization Notice submitted to the appropriate Reserve Bank pursuant to § 239.3(a) and each application for ap- proval of the issuance of stock sub- mitted to the appropriate Reserve Bank pursuant to § 239.24(a) shall be in the form and contain the information specified by the Board.(2) Filing instructions.

• Sixty days have passed since the Federal Reserve received the Reorganization Notice and deemed it complete under § 12 CFR 39.10(e) and/or § 12 CFR 238.14(g) of the Federal Reserve regulations, and the Federal Reserve has not given written notice that the Reorganization is disapproved or extended for an additional 30 days the period during which disapproval may be issued.

• The term Reorganization Notice means a notice of a proposed mutual holding company reorganization that is in the form and contains the informa- tion required by the OTS.

• Sixty days have passed since the OTS received the Reorganization Notice and deemed it sufficient under ss.

• Reorganization Notice: A notice of proposed MHC reorganization that is in the OTS form and contains the information required by the OTS.

More Definitions of Reorganization Notice

Reorganization Notice shall have the meaning ascribed to it in Section 7.10(a) hereof.

Reorganization Notice substantially in the form attached hereto as Exhibit F) to Seller at any time prior to the Closing, to direct that the Asset Acquisition shall instead be effected pursuant to the following transactions which are intended to qualify as a reorganization pursuant to Section 368(a) of the Code: (i) Seller shall contribute the Assets (other than Excluded Assets) (the “Asset Contribution”) to a newly formed Subsidiary of the Company which is treated as a corporation for U.S. tax purposes (“Newco”) or one or more wholly-owned Subsidiaries of Newco which are treated as disregarded entities for U.S. income tax purposes in consideration for equity interests of Newco and Newco shall accept the Assets and assume only the Assumed Liabilities pursuant to Article II herein as if Newco was substituted for Buyer; (ii) immediately following the Asset Contribution, Seller shall exchange and deliver to Buyer, free and clear of any and all Encumbrances and with all rights attached thereto, and Buyer shall acquire, 100% of the equity interests of Newco (the “Equity Exchange”) from the Seller, and (iii) in consideration of the equity interests, Buyer shall exchange the Purchase Price in the same manner as set forth in this Agreement.

Reorganization Notice is filed with the Department and FDIC, and the Department has given written notice of its approval of the proposed Reorganization;

Reorganization Notice has the meaning set forth in Section 2(b)(iv).