Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws its jurisdiction of organization.
Appears in 43 contracts
Samples: Subordinated Note Purchase Agreement (FVCBankcorp, Inc.), Subordinated Note Purchase Agreement (Stewardship Financial Corp), Subordinated Note Purchase Agreement (ConnectOne Bancorp, Inc.)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 32 contracts
Samples: Stock Purchase Agreement (Quaint Oak Bancorp Inc), Subordinated Note Purchase Agreement (Bancfirst Corp /Ok/), Subordinated Note Purchase Agreement (First Bancshares Inc /MS/)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing organized under the laws its jurisdiction of organization.
Appears in 4 contracts
Samples: Subordinated Note Purchase Agreement (Vantagesouth Bancshares, Inc.), Subordinated Note Purchase Agreement (First Business Financial Services, Inc.), Form of Subordinated Note Purchase Agreement (Newbridge Bancorp)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and, assuming that the representations of Company contained in this Agreement are true and correct, to consummate the transactions contemplated hereby. It If it is an entity, it is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 3 contracts
Samples: Subordinated Note Purchase Agreement (Codorus Valley Bancorp Inc), Subordinated Note Purchase Agreement (Acnb Corp), Subordinated Note Purchase Agreement (Ameriserv Financial Inc /Pa/)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws its jurisdiction of organization.. 6.2
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (Citizens Community Bancorp Inc.), Subordinated Note Purchase Agreement (Citizens Community Bancorp Inc.)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws its jurisdiction of organization.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (DNB Financial Corp /Pa/), Subordinated Note Purchase Agreement (New Hampshire Thrift Bancshares Inc)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organizationorganization or incorporation.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (Pinnacle Bankshares Corp), Subordinated Note Purchase Agreement (Old Point Financial Corp)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and, assuming that the representations of the Company contained in this Agreement are true and correct, to consummate the transactions contemplated hereby. It If it is an entity, it is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (HV Bancorp, Inc.)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and, assuming that the representations and warranties of Company contained in this Agreement are true and correct, to consummate the transactions contemplated hereby. It If it is an entity, it is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Citizens Financial Services Inc)
Legal Power and Authority. It has all necessary power and authority (and in the case of an individual, the capacity) to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby, and no further consent or authorization is required in connection with the execution, delivery and performance by it of the transactions contemplated hereby. It If such Lender is an entity entity, it is duly organized, validly existing and in good standing under the laws in its jurisdiction of organization.
Appears in 1 contract
Samples: Form of Subordinated Note Purchase Agreement (Bay Banks of Virginia Inc)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and, assuming that the representations and warranties of Issuer contained in this Agreement are true and correct, to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws its jurisdiction of organization.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Western New England Bancorp, Inc.)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.. EXECUTION VERSION
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Franklin Financial Network Inc.)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws its jurisdiction of organization.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (County Bancorp, Inc.)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.. 6.2
Appears in 1 contract
Samples: Execution Copy Subordinated Note Purchase Agreement (Sound Financial Bancorp, Inc.)
Legal Power and Authority. It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing existing, and in good standing under the laws of its jurisdiction of organization.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Howard Bancorp Inc)
