Syndicated Community Offering definition

Syndicated Community Offering means the offering for sale by a syndicate of broker-dealers to the general public of shares of Conversion Stock not purchased in the Subscription Offering and the Community Offering.

Syndicated Community Offering means the offering of Common Stock following the Subscription and Community Offerings through a syndicate of broker-dealers.

Syndicated Community Offering means the best-efforts offering by broker-dealers who will offer shares of Common Stock to members of the general public, to the extent shares of Common Stock remain available after satisfying all subscriptions received in the Subscription Offering, shares set aside for issuance in the First Northern Merger and all orders received in the Community Offering and accepted by the SHC.

Examples of Syndicated Community Offering in a sentence

• The Syndicated Community Offering shall be completed within 45 days after the termination of the Subscription Offering, unless such period is extended as provided herein.

• Provided that the Subscription Offering has begun, the Holding Company may begin the Syndicated Community Offering at any time.

• Each order for Conversion Stock in the Syndicated Community Offering shall be subject to the absolute right of the Primary Parties to accept or reject any such order in whole or in part either at the time of receipt of an order or as soon as practicable after completion of the Syndicated Community Offering.

• It is expected that the Syndicated Community Offering would commence as soon as practicable after termination of the Subscription Offering and the Community Offering, if any.

• The appointment of the Agent hereunder shall terminate upon the earlier to occur of (a) forty-five (45) days after the last day of the Subscription and Community Offering, unless the Company and the Agent agree in writing to extend such period and the OTS agrees to extend the period of time in which the Securities may be sold, or (b) the receipt and acceptance of subscriptions and purchase orders for all of the Securities, or (c) the completion of the Syndicated Community Offering.

More Definitions of Syndicated Community Offering

Syndicated Community Offering the offering of the Common Stock for sale through a syndicate of registered brokers or dealers. Tax-Qualified Employee Stock Benefit Plan: any defined benefit or defined contribution plan, such as an employee stock ownership plan, stock bonus plan, profit-sharing plan or other plan, which, with its related trust, meets the requirements to be "qualified" under Section 401 of the Internal Revenue Code.

Syndicated Community Offering means the offering of Conversion Stock not subscribed for in the Subscription Offering or the Direct Community Offering, if any, to certain members of the general public and/or through a syndicate of registered broker-dealers.

Syndicated Community Offering means the best efforts offering of Common Stock following the Subscription and Community Offerings through a selling group of broker-dealers.

Syndicated Community Offering means the offering for sale by a syndicate of broker-dealers to the general public of shares of Common Stock not purchased in the Subscription Offering and the Community Offering.Tax-Qualified Employee Stock Benefit Plan means any defined benefit plan or defined contribution plan, such as an employee stock ownership plan, stock bonus plan, profit-sharing plan or other plan, which is established for the benefit of the employees of the Holding Company and/or the Association and any Affiliate thereof and which, with its related trust, meets the requirements to be “qualified” under Section 401 of the Code as from time to time in effect. A “Non-Tax-Qualified Employee Stock Benefit Plan” is any defined benefit plan or defined contribution stock benefit plan that is not so qualified.Voting Member means a Person who, at the close of business on the Voting Record Date, is entitled to vote as a Member of the Association in accordance with its mutual charter and bylaws.Voting Record Date means the date or dates for determining the eligibility of Members to vote at the Special Meeting.3. General Procedure for the Conversion.

Syndicated Community Offering. The term Syndicated Community Offering means the offering of Conversion Stock following the Subscription, Community or Public Offerings through a syndicate of broker-dealers.

Syndicated Community Offering. The term "Syndicated Community Offering" ----------------------------- means the offering for sale by a syndicate of broker-dealers to the general public of shares of Conversion Stock not purchased in the Subscription Offering and the Community Offering.

Syndicated Community Offering. The term "Syndicated Community Offering" ----------------------------- means the offering of Conversion Stock, following or concurrently with Community Offering, through a syndicate of broker-dealers managed by one or more investment banking firms.