Bank Liquidation Account

Example Definitions of "Bank Liquidation Account"
Bank Liquidation Account. The account established in the Bank representing the liquidation interests received by Eligible Account Holders and Supplemental Eligible Account Holders in exchange for their interest in the MHC in connection with the Conversion and Reorganization, as in accordance with Section 15 hereof.
Found in SI Financial Group, Inc. contract
Bank Liquidation Account. The account established in by the Bank representing the liquidation interests received by Eligible Account Holders and Supplemental Eligible Account Holders in exchange for their interest in the MHC in connection with the Conversion and Reorganization, as in accordance with Section 15 hereof. Conversion.
Found in NSTS Bancorp, Inc. contract
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Bank Liquidation Account. The Liquidation Account established in the Bank as part of the Conversion and Reorganization.
Found in United Community Bancorp contract
Bank Liquidation Account. The account established by the Bank that represents the potential interest of the eligible Account Holders and Supplemental Eligible Account Holders in connection with the Conversion and Reorganization, as described in Section 15.
Found in United Financial Bancorp, Inc. contract
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