Liquidation Account

Liquidation Account. Means the account established in the Holding Company 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.

Liquidation Account. The account that represents the potential interest of the Eligible Account Holders and Supplemental Eligible Account Holders in exchange for their interest in the MHC in connection with the Conversion and Reorganization, as described in Section 15.

Liquidation Account. Means the account established by the Association representing the liquidation interests received by Eligible Account Holders and Supplemental Eligible Account Holders in exchange for their interests in the Association immediately prior to the Conversion, as set forth in Section 15 hereof.

Liquidation Account. The term "Liquidation Account" means the account established by the Bank for the benefit of Eligible Account Holders and Supplemental Eligible Account Holders in the event of a subsequent complete liquidation of the Converted Bank.

Liquidation Account. The account established by the Holding Company as described in Section 19 representing the liquidation interests in the Holding Company that will be issued to Eligible Account Holders and Supplemental Eligible Account Holders in connection with the Mid-Tier Merger in exchange for their interests in the Mid-Tier Holding Company as part of the Conversion.