Capital Covenant. From the Signing Date until the date on which all of the Senior Securities have been paid or redeemed in whole, the Company and the Company Subsidiaries shall maintain such capital as may be necessary to meet the minimum capital requirements of the Appropriate Federal Banking Agency, as in effect from time to time.
Appears in 6 contracts
Samples: Securities Purchase Agreement, Securities Purchase Agreement (Live Oak Bancshares, Inc.), Securities Purchase Agreement (Live Oak Bancshares, Inc.)
Capital Covenant. From the Signing Date until the date on which all of the Senior Subordinated Securities have been paid or redeemed in whole, the Company and the Company Subsidiaries shall maintain such capital as may be necessary to meet the minimum capital requirements of the Appropriate Federal Banking Agency, as in effect from time to time.
Appears in 3 contracts
Samples: Securities Purchase Agreement, Securities Purchase Agreement, Letter Agreement
Capital Covenant. From the Signing Date Date, until the date on which all of the Senior Subordinated Securities have been paid or redeemed in whole, the Company Bank and the Company Bank Subsidiaries shall maintain such capital as may be necessary to meet the minimum capital requirements of the Appropriate Federal Banking Agency, as in effect from time to time.
Appears in 1 contract
Samples: Letter Agreement
