Common use of Regulatory Capitalization Clause in Contracts

Regulatory Capitalization. The Company Bank is, and as of the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the OCC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Sources: Merger Agreement (Randolph Bancorp, Inc.), Merger Agreement (Camden National Corp)

Regulatory Capitalization. The Company Bank is, and as of immediately prior to the Effective Time will be, “well capitalized,” ”, as such term is defined in the rules and regulations promulgated by the OCCFDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Sources: Merger Agreement (People's United Financial, Inc.), Merger Agreement (LSB Corp)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the OCCFDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Sources: Merger Agreement (Northeast Bancorp /Me/), Merger Agreement (Merrill Merchants Bancshares Inc)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the OCC, as amended from time to time. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB, as amended from time to time.

Appears in 2 contracts

Sources: Merger Agreement (NBT Bancorp Inc), Merger Agreement (Alliance Financial Corp /Ny/)

Regulatory Capitalization. The Company and the Company Bank isare, and as of immediately prior to the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the OCC. The Company is, FRB and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRBFDIC.

Appears in 2 contracts

Sources: Merger Agreement (PCSB Financial Corp), Merger Agreement (Brookline Bancorp Inc)

Regulatory Capitalization. The Company Bank is, and as of the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the OCCFDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Sources: Merger Agreement (Bancorp Rhode Island Inc), Merger Agreement (Brookline Bancorp Inc)

Regulatory Capitalization. The Company Bank is, and as of immediately prior to the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the OCCFDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 2 contracts

Sources: Merger Agreement (Union Bankshares Co/Me), Merger Agreement (Camden National Corp)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the OCCapplicable to it, as amended from time to time. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB, as amended from time to time.

Appears in 2 contracts

Sources: Merger Agreement (DCB Financial Corp), Merger Agreement (First Commonwealth Financial Corp /Pa/)

Regulatory Capitalization. The Company Bank is, and as of the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the OCC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRBFDIC.

Appears in 1 contract

Sources: Merger Agreement (Orrstown Financial Services Inc)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, "well capitalized,” " as such term is defined in the rules and regulations promulgated by the OCC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Sources: Merger Agreement (Danvers Bancorp, Inc.)

Regulatory Capitalization. The Company Bank is, and as of the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the OCCFDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Sources: Merger Agreement (Orrstown Financial Services Inc)

Regulatory Capitalization. The Company Bank is, and as of the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the OCCFDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB12 C.F.R. § 225.2(r)(1).

Appears in 1 contract

Sources: Merger Agreement (Coastway Bancorp, Inc.)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the OCC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Sources: Merger Agreement (Beverly National Corp)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, “well capitalized,” ”, as such term is defined in the rules and regulations promulgated by the OCCFDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Sources: Merger Agreement (Massbank Corp)

Regulatory Capitalization. The Company and Company Bank isare, and as of immediately prior to the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the OCC. The Company is, FRB and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRBFDIC.

Appears in 1 contract

Sources: Merger Agreement (Camden National Corp)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules applicable laws and regulations promulgated by of the OCCOhio Division and the FDIC, as amended from time to time. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB, as amended from time to time.

Appears in 1 contract

Sources: Merger Agreement (CNB Financial Corp/Pa)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, “well capitalized,” as such term is defined in the rules and regulations promulgated by the OCCFDIC. The Company is, and immediately prior to the Effective Time will be, “well capitalized” as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Sources: Merger Agreement (Independent Bank Corp)

Regulatory Capitalization. The Company Bank is, and as of immediately after the Effective Time will be, "well capitalized," as such term is defined in the rules and regulations promulgated by the OCCFDIC. The Company is, and immediately prior to the Effective Time will be, "well capitalized" as such term is defined in the rules and regulations promulgated by the FRB.

Appears in 1 contract

Sources: Merger Agreement (Slades Ferry Bancorp)