Lending Compliance. (a) The Company has not acquired any ownership or control (as such term is defined pursuant to applicable laws, rules, regulations or other applicable official guidance) of a Banking Institution (as defined below) and does not otherwise directly or indirectly control of any entity that is a Banking Institution or that directly or indirectly controls a Banking Institution. For purposes of this clause (a), “
Appears in 2 contracts
Samples: Series a Preferred Stock Purchase Agreement (Prosper Marketplace Inc), Preferred Stock Purchase Agreement (Prosper Marketplace Inc)
Lending Compliance. (a) The Neither the Company nor its Subsidiary has not acquired any ownership or control (as such term is defined pursuant to applicable laws, rules, regulations or other applicable official guidance) of a Banking Institution (as defined below) and does not otherwise directly or indirectly control of any entity that is a Banking Institution or that directly or indirectly controls a Banking Institution. For purposes of this clause (a), “
Appears in 2 contracts
Samples: Preferred Stock Purchase Agreement (Prosper Marketplace Inc), Preferred Stock Purchase Agreement (Prosper Marketplace Inc)
Lending Compliance. (a) The Neither the Company nor its Subsidiary has not acquired any ownership or control (as such term is defined pursuant to applicable laws, rules, regulations or other applicable official guidance) of a Banking Institution (as defined below) and does not otherwise directly or indirectly control of any entity that is a Banking Institution or that directly or indirectly controls a Banking Institution. For purposes of this clause (a), “
Appears in 2 contracts
Samples: Series C Preferred Stock Purchase Agreement (Prosper Marketplace Inc), Series C Preferred Stock Purchase Agreement (Prosper Marketplace Inc)
