Subsequent Bank Financial Statements definition

Subsequent Bank Financial Statements means the Bank’s unaudited internal balance sheets and related internal unaudited statements of income and changes in shareholder’s equity for each month after the Execution Date and before Closing or an earlier Termination Date prepared in accordance with Section 4.1.8.
Subsequent Bank Financial Statements means the Bank’s unaudited balance sheets and related statements of income for each month after December 31, 2013 and each Call Report with respect to any period ending on or after December 31, 2013.
Subsequent Bank Financial Statements shall have the meaning given such term in Section 5.4.

Examples of Subsequent Bank Financial Statements in a sentence

  • The Subsequent Bank Financial Statements will not include any material assets or omit to state any material liabilities, absolute or contingent, or other facts, which inclusion or omission would render such Subsequent Bank Financial Statements misleading in any material respect.

  • Except as may be required by changes in GAAP effective after the Agreement Date, the Subsequent Bank Financial Statements shall be prepared on a basis consistent with past accounting practices and shall fairly present in all material respects the financial condition and results of operations for the dates and periods presented.

  • AB will use commercially reasonable efforts to deliver to GBCI the Subsequent AB Financial Statements and Subsequent Bank Financial Statements, (a) for each month ending after the Execution Date and before Closing or an earlier Termination Date, within 15 days after each such month-end (including year-end), and (b) for the fiscal year ended December 31, 2021, within 75 days after the end of the fiscal year.

  • Except as may be required by changes in any Legal Requirements effective after the date hereof, the Subsequent Bank Financial Statements shall be prepared on a basis consistent with past accounting practices and shall fairly present in all material respects the financial condition and results of operations for the dates and periods presented.

  • The Bank Financial Statements and the Subsequent Bank Financial Statements, previously or subsequently furnished to Buyer by Sellers or the Bank shall not be inaccurate in any material respect, and the stockholders' equity of the Bank on the Closing Date shall be greater than or equal to $4,875,000.

  • Except as may be required by changes in GAAP effective after the date hereof, the Subsequent MTWF Financial Statements and Subsequent Bank Financial Statements (other than the Call Reports) will be prepared on a basis consistent with past accounting practices and shall fairly present in all material respects the financial condition and results of operations for the dates and periods presented.

  • The Subsequent Bank Financial Statements shall be prepared on a basis consistent with past accounting practices and GAAP or regulatory accounting principles, as the case may be, to the extent applicable and shall present fairly the financial condition and results of operations as of the dates and for the periods presented, subject to yearend audit adjustments and the absence of footnotes for interim statements.

  • Except as may be required by changes in GAAP effective after the date hereof or as recommended by the Bank's independent accountants, the Subsequent Bank Financial Statements shall be prepared on a basis consistent with past accounting practices and shall fairly present in all material respects the consolidated financial condition and results of operations for the dates and periods presented.

  • The Bank does not nor will it have any liability for taxes of any nature for or in respect of the operation of its business or ownership of its assets from December 31, 1995, up to and including the Closing, except to the extent reflected on the Subsequent Bank Financial Statements or otherwise reflected in the books and records of the Bank for the period following its then most recent of the Subsequent Bank Financial Statements.

  • As soon as available, but in any case within 15 calendar days following the end of the period to which they relate (or, with respect to Call Reports, when filed), MTWF will furnish FIBK copies of the Subsequent MTWF Financial Statements (which may include an estimate for equity in Mountain South, LLC) and Subsequent Bank Financial Statements.


More Definitions of Subsequent Bank Financial Statements

Subsequent Bank Financial Statements means the Bank's unaudited internal balance sheets and related internal unaudited statements of income and changes in shareholder's equity for each month after the Execution Date and before Closing or an earlier Termination Date prepared in accordance with Section 4.1.8. "Subsequent AB Financial Statements" means AB's unaudited consolidated and parent-only balance sheets and related unaudited consolidated statements of income and changes in shareholders' equity for each month after the Execution Date and before Closing or an earlier Termination Date, and shall include, in the event the Closing has not occurred by February 28, 2022, an audited consolidated balance sheet and related statements of income, cash flows, and changes in shareholders' equity for the fiscal year ended December 31, 2021, in all cases prepared in accordance with Section 4.1.8. "Subsidiary" with respect to any party to this Agreement means any Person in which such party, directly or indirectly, (a) owns or controls at least a majority of the outstanding capital stock or voting power of its outstanding securities or (b) has the power to appoint a general partner, manager or managing member or others performing similar functions. "Superior Proposal" means, with respect to AB and/or the Bank, any Acquisition Proposal that the board of directors of AB in good faith concludes (after consultation with its financial advisors and outside counsel, and after taking into account, among other things, the terms and conditions of this Agreement (as it may be proposed to be amended by GBCI) and all legal, financial, regulatory, and other aspects of the proposal and the Person making the proposal), (a) would, if consummated, result in a transaction that is more favorable to AB shareholders (in their capacities as shareholders), from a financial point of view, than the transactions contemplated by this Agreement (as it may be proposed to be amended by GBCI), and (b) is reasonably probable of being completed. "Superior Proposal Notice Period" has the meaning assigned to such term in Section 7.4.6. "Takeover Laws" and "Takeover Provisions" each has the meaning assigned to such terms in Section 3.1.17(b). "Taxes" means all federal, state, local, non-U.S. and other income, gross receipts, sales, use, production, ad valorem, transfer, franchise, registration, profits, license, lease, service, service use, withholding, payroll, employment, unemployment, estimated, excise, severance, environmental, stamp, occ...

Related to Subsequent Bank Financial Statements