Common use of Global Subordinated Notes Clause in Contracts

Global Subordinated Notes. (a) The Company shall use its commercially reasonable efforts to provide that the Subordinated Notes owned by Noteholders that are Qualified Institutional Buyers shall be issued in the form of one or more Global Subordinated Notes (each a “Global Subordinated Note”) registered in the name of The Depository Trust Company or another organization registered as a clearing agency under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and designated as Depositary by the Company or any successor thereto (the “Depositary”) or a nominee thereof and delivered to such Depositary or a nominee thereof.

Appears in 3 contracts

Samples: Subordinated Note Purchase Agreement (BankFinancial CORP), Subordinated Note Purchase Agreement (Bancplus Corp), Form of Subordinated Note Purchase Agreement (Independent Bank Corp /Mi/)

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Global Subordinated Notes. (a) The Company shall use its commercially reasonable efforts to provide Provided that applicable depository eligibility requirements are met, the Subordinated Notes owned by Noteholders that are Qualified Institutional Buyers and/or institutional “accredited investors” shall be issued in the form of one or more Global Subordinated Notes (each a “Global Subordinated Note”) registered in the name of The Depository Trust Company or another organization registered as a clearing agency under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and designated as Depositary by the Company or any successor thereto (the “Depositary”) or a nominee thereof and delivered to such Depositary or a nominee thereof.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Farmers National Banc Corp /Oh/), Subordinated Note Purchase Agreement (MVB Financial Corp)

Global Subordinated Notes. (a) The Immediately after the issuance of this Subordinated Note, the Company shall use its commercially reasonable efforts to provide that cause the Subordinated Notes owned by Noteholders that are Qualified Institutional Buyers shall such Holder to be issued in the form of one or more Global global Subordinated Notes (each a “Global Subordinated Note”) registered in the name of The Depository Trust Company or another organization registered as a clearing agency under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and designated as Depositary by the Company or any successor thereto (the “Depositary”) or a nominee thereof and delivered to such Depositary or a nominee thereofthereof or custodian therefor.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Tectonic Financial, Inc.)

Global Subordinated Notes. (a) The Company shall use its commercially reasonable efforts to provide that the Subordinated Notes owned by Noteholders that are Qualified Institutional Buyers shall be issued in the form of one or more Global Subordinated Notes (each a “Global Subordinated Note”) registered in the name of The Depository Trust Company DTC or another organization registered as a clearing agency under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and designated as Depositary by the Company or any successor thereto (the “Depositary”) or a nominee thereof and delivered to such Depositary or a nominee thereof.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (CNB Financial Corp/Pa)

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Global Subordinated Notes. (a1) The Company shall use its commercially reasonable efforts to provide that the Subordinated Notes owned by Noteholders that are Qualified Institutional Buyers “qualified institutional buyers” (as defined in Rule 144A of the Securities Act) shall be issued in the form of one or more Global Subordinated Notes (each a “Global Subordinated Note”) registered in the name of The Depository Trust Company (“DTC”) or another organization registered as a clearing agency under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and designated as Depositary by the Company or any successor thereto (the “Depositary”) or a nominee thereof and delivered to such Depositary or a nominee thereof.

Appears in 1 contract

Samples: Form of Subordinated Note Purchase Agreement (Five Star Bancorp)

Global Subordinated Notes. (a) The Company shall use its commercially reasonable efforts to provide Provided that applicable depository eligibility requirements are met, the Subordinated Notes owned by Noteholders that are Qualified Institutional Buyers and/or institutional “accredited investors” shall be issued in the form of one or more Global Subordinated Notes (each a “Global Subordinated Note”) registered in the name of The Depository Trust Company DTC or another organization registered as a clearing agency under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and designated as Depositary by the Company or any successor thereto (the “Depositary”) or a nominee thereof and delivered to such Depositary or a nominee thereof.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (CB Financial Services, Inc.)

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