Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 24 contracts
Samples: Subordinated Note Purchase Agreement (MVB Financial Corp), Form of Subordinated Note Purchase Agreement (Meridian Corp), Subordinated Note Purchase Agreement (First Savings Financial Group, Inc.)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its Purchaser’s obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organizationorganization or incorporation.
Appears in 7 contracts
Samples: Form of Subordinated Note Purchase Agreement (Blue Ridge Bankshares, Inc.), Subordinated Note Purchase Agreement (Uwharrie Capital Corp), Form of Subordinated Note Purchase Agreement (F&m Bank Corp)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 6 contracts
Samples: Subordinated Note Purchase Agreement (QCR Holdings Inc), Subordinated Note Purchase Agreement (Salisbury Bancorp Inc), Subordinated Note Purchase Agreement (QCR Holdings Inc)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its the Purchaser’s obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 4 contracts
Samples: Subordinated Note Purchase Agreement (Guaranty Bancshares Inc /Tx/), Subordinated Note Purchase Agreement (Heritage Commerce Corp), Form of Subordinated Note Purchase Agreement (Bankwell Financial Group, Inc.)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 4 contracts
Samples: Subordinated Note Purchase Agreement (Limestone Bancorp, Inc.), Subordinated Note Purchase Agreement (Guaranty Federal Bancshares Inc), Subordinated Note Purchase Agreement (German American Bancorp, Inc.)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (Bancplus Corp), Subordinated Note Purchase Agreement (ISABELLA BANK Corp)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser It is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (Financial Institutions Inc), Subordinated Note Purchase Agreement (Financial Institutions Inc)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser , is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (FS Bancorp, Inc.), Subordinated Note Purchase Agreement (Eagle Bancorp Montana, Inc.)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its his obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (First Guaranty Bancshares, Inc.), Subordinated Note Purchase Agreement (First Guaranty Bancshares, Inc.)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its the Purchaser’s obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its the Purchaser’s jurisdiction of organization.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (Quaint Oak Bancorp Inc), Subordinated Note Purchase Agreement (Union Bankshares Inc)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its the Purchaser’s obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser 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 (First Keystone Corp), Subordinated Note Purchase Agreement (ENB Financial Corp)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its the Purchaser’s obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.organization or incorporation.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (Franklin Financial Services Corp /Pa/), Subordinated Note Purchase Agreement (Franklin Financial Services Corp /Pa/)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser It is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (Triumph Bancorp, Inc.), Subordinated Note Purchase Agreement (Third Coast Bancshares, Inc.)
Legal Power and Authority. The Purchaser has all necessary the requisite corporate, partnership, limited liability company or other power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organizationTransactions.
Appears in 1 contract
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement the Documents and to consummate the transactions contemplated herebyTransactions. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.(b)
Appears in 1 contract
Legal Power and Authority. The Each Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The Each Purchaser 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 (Origin Bancorp, Inc.)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser It is an entity duly organized, validly existing and in good standing (to the extent such concept is applicable) under the laws of its jurisdiction of organization.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (First Internet Bancorp)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of Laws its jurisdiction of organization.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Investar Holding Corp)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement the Transaction Documents and to consummate the transactions contemplated hereby. The If an entity, Purchaser is an entity duly organized, validly existing and in good standing under the laws of Laws its jurisdiction of organization.
Appears in 1 contract
Samples: Form of Stock Purchase Agreement (Investar Holding Corp)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its Purchaser’s obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser 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 (Summit Financial Group Inc)
Legal Power and Authority. The Purchaser It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The If Purchaser 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 (Farmers & Merchants Bancorp Inc)
Legal Power and Authority. The Purchaser has all necessary the requisite power and authority to execute, execute and deliver this Securities Purchase Agreement and each of the other Operative Agreements to which it will be a party and to perform its obligations under this Agreement hereunder and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organizationthereunder.
Appears in 1 contract
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its its, his or her obligations under this Agreement and to consummate the transactions contemplated hereby. The If other than a natural person, Purchaser 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 (Five Star Bancorp)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement the Documents and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organizationTransactions.
Appears in 1 contract
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The If the Purchaser is not a natural person, such Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 1 contract
Legal Power and Authority. The Purchaser has all necessary capacity, power and authority to execute, deliver and perform its its, his or her obligations under this Agreement and to consummate the transactions contemplated hereby. The If other than a natural person, Purchaser 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 (Five Star Bancorp)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement the Documents to which it is a party and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organizationTransactions.
Appears in 1 contract
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its the Purchaser’s obligations under this Agreement and to consummate the transactions contemplated hereby. The If other than a natural person, the Purchaser is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
Appears in 1 contract
Samples: Form of Subordinated Note Purchase Agreement (Five Star Bancorp)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser is an entity duly organized, validly existing and in good standing organized under the laws of its jurisdiction of organization.
Appears in 1 contract
Samples: Senior Note Purchase Agreement (Luther Burbank Corp)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its the Purchaser’s obligations under this Agreement and to consummate the transactions contemplated hereby. The Purchaser 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: Subordinated Note Purchase Agreement (Bankwell Financial Group, Inc.)
Legal Power and Authority. The Purchaser has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The If the Purchaser is an entity entity, the Purchaser is 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 (Meridian Corp)
Legal Power and Authority. The Such Purchaser has all necessary power and authority to execute, deliver and perform its such Purchaser’s obligations under this Agreement and to consummate the transactions contemplated hereby. The Such Purchaser 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: Subordinated Note Purchase Agreement (Professional Holding Corp.)
