Common use of Equity Commitment Letter Clause in Contracts

Equity Commitment Letter. Concurrently with the execution and delivery of this Agreement, and as a condition to the willingness of the Company to enter into this Agreement, the Investor has entered into an equity commitment letter, dated as of the date hereof (the “Equity Commitment Letter”), a copy of which has been delivered to the Company.

Appears in 6 contracts

Sources: Investment Agreement (FNB United Corp.), Investment Agreement (Central Pacific Financial Corp), Investment Agreement (Central Pacific Financial Corp)

Equity Commitment Letter. Concurrently with the execution and delivery of this Agreement, and as a condition to the willingness of the Company to enter into this Agreement, the Investor Purchaser has entered into an equity commitment letter, dated as of the date hereof (the “Equity Commitment Letter”), a copy of which has been delivered to the Company.

Appears in 2 contracts

Sources: Investment Agreement (Corsair Capital LLC), Investment Agreement (United Community Banks Inc)