Trust Administration. The Bank does not presently exercise -------------------- trust powers, including, but not limited to, trust administration, and has not exercised such trust powers for a period of at least 5 years prior to the date hereof. The term "trusts" as used in this subsection 3.1(z) includes (i) any and all common law or other trusts between an individual, corporation or other entities and the Bank, as trustee or co-trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where the Bank is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator ▇▇ ▇▇▇▇▇ non, administrator ▇▇ ▇▇▇▇▇ non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where the Bank is serving or has served as a co-grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity, and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which the Bank is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.
Appears in 2 contracts
Sources: Stock Purchase Agreement (City National Corp), Stock Purchase Agreement (City National Corp)
Trust Administration. The Bank presently does not presently exercise -------------------- trust powers, including, but not limited to, trust administration, and has not exercised such trust powers for a period of at least 5 3 years prior to the date hereof. The term "trusts" as used in this subsection 3.1(z) Section 4.29 includes (i) any and all common law or other trusts between an individual, corporation or other entities and the Bank, as trustee or co-trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivosintervivos, and charitable trust indentures; (ii) any and all decedents' estates where the Bank is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator ▇▇ ▇▇▇▇▇ non, administrator ▇▇ ▇▇▇▇▇ non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where the Bank is serving or has served as a co-grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity, ; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which the Bank is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Pacific Community Banking Group), Agreement and Plan of Reorganization (Pacific Community Banking Group)
Trust Administration. The Target and Target Bank does do not presently exercise -------------------- trust powers, including, but not limited to, trust administration, and has have not exercised such trust powers for a period of at least 5 3 years prior to the date hereof. The term "trusts" as used in this subsection 3.1(z) Section 3.31 includes (i) any and all common law or other trusts between an individual, corporation or other entities and the Target or Target Bank, as trustee or co-trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where the Target or Target Bank is are serving or has have served as a co-executor or sole executor, personal representative or administrator, administrator ▇▇ ▇▇▇▇▇ non, administrator ▇▇ ▇▇▇▇▇ non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where the Target or Target Bank is are serving or has have served as a co-grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity, ; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which the Target or Target Bank is are serving or has have served as an agent or custodian for the owner or other party establishing the account with or without investment authority.
Appears in 2 contracts
Sources: Merger Agreement (Mid-State Bancshares), Merger Agreement (Americorp)
Trust Administration. The Bank Acquiror does not presently exercise -------------------- trust powers, including, but not limited to, trust administration, and has not exercised such trust powers for a period of at least 5 3 years prior to the date hereof. The term "trusts" as used in this subsection 3.1(z) Section 4.31 includes (i) any and all common law or other trusts between an individual, corporation or other entities and the BankAcquiror, as trustee or co-trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, vivos and charitable trust indentures; (ii) any and all decedents' decedents estates where the Bank Acquiror is serving or has served as a co-executor or sole executor, personal representative represetative or administratoradminstrator, administrator ▇▇ ▇▇▇▇▇ non, administrator ▇▇ ▇▇▇▇▇ non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where the Bank Acquiror is serving or has served as a co-co- grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity, ; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which the Bank Acquiror is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.
Appears in 1 contract
Sources: Merger Agreement (BSM Bancorp)
Trust Administration. The Bancorp and Bank does do not presently exercise -------------------- trust powers, including, but not limited to, trust administration, and has have not exercised such trust powers for a period of at least 5 3 years prior to the date hereof. The term "trusts" as used in this subsection 3.1(z) Section 3.31 includes (i) any and all common law or other trusts between an individual, corporation or other entities and the Bancorp or Bank, as trustee or co-trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where the Bancorp or Bank is are serving or has have served as a co-executor or sole executor, personal representative or administrator, administrator ▇▇ ▇▇▇▇▇ non, administrator ▇▇ ▇▇▇▇▇ non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where the Bancorp or Bank is are serving or has have served as a co-grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity, ; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which the Bancorp or Bank is are serving or has have served as an agent or custodian for the owner or other party establishing the account with or without investment authority.
Appears in 1 contract
Sources: Merger Agreement (BSM Bancorp)