CPP/CDCI Securities Sample Clauses
CPP/CDCI Securities. To the extent that the Company participated in the Troubled Asset Relief Program Capital Purchase Program (“CPP”) or the CDCI prior to the Signing Date and the Company has any Preferred Stock or other securities issued in connection with its participation in the CPP or the CDCI (the “CPP/CDCI Securities”) outstanding, the Company has (i) not breached any representation, warranty or covenant set forth in any of the documents governing the CPP/CDCI Securities or its sale to Investor and (ii) paid to Investor all accrued and unpaid dividends and/or interest then due on the CPP/CDCI Securities.
CPP/CDCI Securities. The Company shall have paid to Investor all accrued and unpaid dividends or interest then due on the CPP Preferred Stock.
CPP/CDCI Securities. To the extent that the Company participated in the Troubled Asset Relief Program Capital Purchase Program (“CPP”) or the CDCI prior to the Signing Date and the Company has any Preferred Stock or other securities issued in connection with its participation in the CPP or the CDCI (the “CPP/CDCI Securities”) outstanding, the Company has (i) not breached any representation, warranty or covenant set forth in any of the documents governing the CPP/CDCI Securities or its sale to Investor and (ii) paid to Investor [Insert for cumulative Preferred Shares: all accrued and unpaid dividends and/or interest then due on the CPP/CDCI Securities.] [Insert for non-cumulative Preferred Shares: all unpaid dividends and/or interest due on the CPP/CDCI Securities for the fiscal quarter prior to the Closing Date plus the accrued and unpaid dividends and/or interest due on the CPP/CDCI Securities as of the Closing Date for the fiscal quarter in which the Closing shall occur.]
CPP/CDCI Securities. To the extent that the Bank participated in the Troubled Asset Relief Program Capital Purchase Program (“CPP”) or the Community Development Capital Initiative (“CDCI”) prior to the Effective Time, and the Bank has any Bank Preferred Stock or other securities issued in connection with its participation in the CPP or the CDCI (the “CPP/CDCI Securities”) outstanding, the Bank has (i) not breached any representation, warranty or covenant set forth in any of the documents governing the CPP/CDCI Securities or its sale to Investor and (ii) paid to Investor all unpaid dividends and/or interest due on the CPP/CDCI Securities for the fiscal quarter prior to the Closing Date plus the accrued and unpaid dividends and/or interest due on the CPP/CDCI Securities as of the Closing Date for the fiscal quarter in which the Closing shall occur.
