Common use of Amendment of Notes Clause in Contracts

Amendment of Notes. Except as otherwise provided in Section 9 hereof, and subject to any necessary regulatory approval, the Subordinated Notes may, with the consent of the Company and the Holders of more than fifty percent (50.0%) of the aggregate outstanding principal amount of the Subordinated Notes then outstanding, be amended or any provision, past or existing default, or non-compliance thereof waived (or modify any previously granted waiver); provided, however, that, without the consent of each Holder of an affected Subordinated Note, no such amendment or waiver may:

Appears in 1 contract

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

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Amendment of Notes. Except as otherwise provided in Section 9 13 hereof, and subject to any necessary regulatory approval, the Subordinated Notes may, with the consent of the Company and the Holders of more than fifty percent (50.0%) at least 51% of the aggregate outstanding principal amount of the Subordinated Notes then outstanding, be amended or any provision, past or existing default, or non-compliance thereof waived (or modify any previously granted waiver)waived; provided, however, that, without the consent of each Holder of an affected Subordinated Note, no such amendment or waiver may:

Appears in 1 contract

Samples: Bankwell Financial Group, Inc.

Amendment of Notes. Except as otherwise provided in Section 9 hereof, and subject to any necessary regulatory approval, the Subordinated Notes may, with the consent of the Company and the Holders of more than fifty percent (50.0%) 50% of the aggregate outstanding principal amount of the Subordinated Notes then outstanding, be amended or any provision, past or existing default, or non-compliance thereof waived (or modify any previously granted waiver)waived; provided, however, that, without the consent of each Holder of an affected Subordinated Note, no such amendment or waiver may:

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Eagle Bancorp Montana, Inc.)

Amendment of Notes. Except as us otherwise provided in Section 9 19 hereof, and subject to any necessary regulatory approval, the Subordinated Notes may, with the consent of the Company and the Holders of more than fifty percent (50.0%) Investors holding at least 51% of the aggregate outstanding principal amount of the Subordinated Notes then outstanding, be amended or any provision, past or existing default, or non-compliance thereof waived (or modify any previously granted waiver)waived; provided, however, that, without the consent of each Holder of an affected Subordinated Note, no such amendment or waiver may:

Appears in 1 contract

Samples: Merger Agreement (Heartland Financial Usa Inc)

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Amendment of Notes. Except as otherwise provided in Section 9 hereof, and subject to any necessary regulatory approval, the Subordinated Notes may, with the consent of the Company and the Holders of more than fifty percent (50.050%) of the aggregate outstanding principal amount of the Subordinated Notes then outstanding, be amended or any provision, existing or past or existing default, or non-compliance thereof waived (or modify any previously granted waiver)waived; provided, however, that, without the consent of each Holder of an affected Subordinated Note, no such amendment or waiver may:

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Xenith Bankshares, Inc.)

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