Common use of Ability to Pay Dividends Clause in Contracts

Ability to Pay Dividends. The Company has all permits, licenses, franchises, authorizations, orders and approvals of, and has made all filings, applications and registrations with, Governmental Entities and third parties that are required in order to permit the Company to declare and pay dividends on the Preferred Shares on the Dividend Payment Dates set forth in the Certificate of Designation.

Appears in 48 contracts

Samples: Securities Purchase Agreement (Origin Bancorp, Inc.), Assignment and Assumption Agreement (Veritex Holdings, Inc.), Securities Purchase Agreement (Sunshine Bancorp, Inc.)

AutoNDA by SimpleDocs

Ability to Pay Dividends. The Company has all permits, licenses, franchises, authorizations, orders and approvals of, and has made all filings, applications and registrations with, Governmental Entities and third parties that are required in order to permit the Company to declare and pay dividends on the Preferred Shares on the Dividend Payment Dates set forth in the Certificate of Designation.. Annex C (General Terms and Conditions)

Appears in 3 contracts

Samples: Securities Purchase Agreement (Nicolet Bankshares Inc), Securities Purchase Agreement (Tri County Financial Corp /Md/), Securities Purchase Agreement (ServisFirst Bancshares, Inc.)

Ability to Pay Dividends. The Company has all permits, licenses, franchises, authorizations, orders and approvals of, and has made all filings, applications and registrations with, Governmental Entities and third parties that are required in order to permit the Company to declare and pay dividends on the Preferred Shares on the Dividend Payment Dates set forth in the Certificate Statement of DesignationDesignations.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Veritex Holdings, Inc.), Securities Purchase Agreement (Encore Bancshares Inc)

Ability to Pay Dividends. The Company has all permits, licenses, franchises, authorizations, orders and approvals of, and has made all filings, applications and registrations with, Governmental Entities and third parties that are required in order to permit the Company to declare and pay dividends on the Preferred Shares on the Dividend Payment Dates set forth in the Certificate of Designation.. Annex C (General Terms and Conditions) Page 12

Appears in 1 contract

Samples: Securities Purchase Agreement

AutoNDA by SimpleDocs

Ability to Pay Dividends. The Company has all permits, licenses, franchises, authorizations, orders and approvals of, and has made all ail filings, applications and registrations with, Governmental Entities and third parties that are required in order to permit the Company to declare and pay dividends on the Preferred Shares on the Dividend Payment Dates set forth in the Certificate Statement of DesignationDesignations.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Independent Bank Group, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.