Common use of Capital Distributions Clause in Contracts

Capital Distributions. During the ECIP Period, the Recipient shall comply with each of the restrictions on capital distributions (as defined in 31 C.F.R. § 35.21) applicable to it as set forth in the ECIP Interim Final Rule.

Appears in 7 contracts

Samples: Letter Agreement (Broadway Financial Corp \De\), Securities Purchase Agreement, Securities Purchase Agreement (Bancplus Corp)

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Capital Distributions. During the ECIP Period, the Recipient shall comply with each of the restrictions on capital distributions (as defined in 31 C.F.R. § 35.21) applicable to it as set forth in the ECIP Interim Final Rule.

Appears in 1 contract

Samples: Letter Agreement

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