Common use of Bank and Thrift Holding Company Status Clause in Contracts

Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as a Bank Holding Company or Savings and Loan Holding Company, as the case may be, for as long as Treasury owns any Preferred Shares. The Company shall redeem all Preferred Shares held by Treasury prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.

Appears in 32 contracts

Samples: Securities Purchase Agreement (First Pactrust Bancorp Inc), Securities Purchase Agreement (Stewardship Financial Corp), Assignment and Assumption Agreement (Mid Penn Bancorp Inc)

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Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as a Bank Holding Company or Savings and Loan Holding Company, as the case may be, Company for as long as Treasury owns any Preferred Shares. The Company shall redeem all Preferred Shares held by Treasury prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.

Appears in 15 contracts

Samples: Securities Purchase Agreement (Avenue Financial Holdings, Inc.), Fund Securities Purchase Agreement (Heartland Financial Usa Inc), Securities Purchase Agreement (QCR Holdings Inc)

Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as a Bank Holding Company or Savings and Loan Holding Company, as the case may be, for as long as Treasury the Investor owns any Preferred Shares. The Company shall redeem all Preferred Shares held by Treasury the Investor prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.

Appears in 10 contracts

Samples: Letter Agreement, Letter Agreement, Letter Agreement (Citizens Bancshares Corp /Ga/)

Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as a Bank Holding Company or Savings and Loan Holding Company, as the case may be, for as long as Treasury owns any Preferred Shares. The Company shall redeem all Preferred Shares held by Treasury prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.shall

Appears in 9 contracts

Samples: Letter Agreement (Farmers Capital Bank Corp), Securities Purchase Agreement, Securities Purchase Agreement

Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as a Bank Holding Company or Savings and Loan Holding Company, as the case may be, for as long as Treasury owns holds any Preferred SharesSenior Securities. The Company shall redeem all Preferred Shares Senior Securities held by Treasury prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.

Appears in 5 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement, Securities Purchase Agreement (Live Oak Bancshares, Inc.)

Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as either a Bank Holding Company or Savings and Loan Holding Company, as the case may be, for as long as Treasury the Investor owns any Preferred SharesSenior Subordinated Securities. The Company shall redeem all Preferred Shares Senior Subordinated Securities held by Treasury the Investor prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.

Appears in 3 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement, Letter Agreement

Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as a Bank Holding Company or Savings and Loan Holding Company, as the case may be, for as long as Treasury owns any Preferred Shares. The Company shall redeem all Preferred Shares held by Treasury prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.. Annex C (General Terms and Conditions)

Appears in 2 contracts

Samples: Securities Purchase Agreement (First Savings Financial Group Inc), Securities Purchase Agreement (First Robinson Financial Corp)

Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as a Bank Holding Company or Savings and Loan Holding Company, as the case may be, for as long as Treasury owns any Preferred Shares. The Company shall redeem all Preferred Shares held by Treasury prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.. SBLF 0530 [Execution Copy]

Appears in 1 contract

Samples: Securities Purchase Agreement (Select Bancorp, Inc.)

Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as a Bank Holding Company or Savings and Loan Holding Company, as the case may be, Company for as long as Treasury owns any Preferred Shares. The Company shall redeem all Preferred Shares held by Treasury prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Veritex Holdings, Inc.)

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Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as a Bank Holding Company or Savings and Loan Holding Company, as the case may be, Company for as long as Treasury owns any Preferred Shares. The Company shall redeem all Preferred Shares held by Treasury prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.. (Bank/Thrift)

Appears in 1 contract

Samples: Securities Purchase Agreement (Bank of Commerce Holdings)

Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as a Bank Holding Company or Savings and Loan Holding Company, as the case may be, Company for as long as Treasury owns any Preferred Shares. The Company shall redeem all Preferred Shares held by Treasury prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.. (Bank/Thrift) [Execution Copy]

Appears in 1 contract

Samples: Securities Purchase Agreement (Howard Bancorp Inc)

Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as a Bank Holding Company or Savings and Loan Holding Company, as the case may be, for as long as Treasury owns holds any Preferred SharesSenior Securities. The Company shall redeem all Preferred Shares Senior Securities held by Treasury prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.

Appears in 1 contract

Samples: Securities Purchase Agreement

Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as either a Bank Holding Company or Savings and Loan Holding Company, as the case may be, for as long as Treasury the Investor owns any Preferred SharesPurchased Securities or Warrant Securities. The Company shall redeem all Preferred Shares Purchased Securities and Warrant Securities held by Treasury prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.by

Appears in 1 contract

Samples: Securities Purchase Agreement

Bank and Thrift Holding Company Status. If the Company is a Bank Holding Company or a Savings and Loan Holding Company on the Signing Date, then the Company shall maintain its status as a Bank Holding Company or Savings and Loan Holding Company, as the case may be, Company for as long as Treasury owns any Preferred Shares. The Company shall redeem all Preferred Shares held by Treasury prior to terminating its status as a Bank Holding Company or Savings and Loan Holding Company, as applicable.. Annex C (General Terms and Conditions) SBLF0308

Appears in 1 contract

Samples: Securities Purchase Agreement (Mutualfirst Financial Inc)

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