Common use of LIMITATION OF TRANSACTIONS DURING EXTENSION Clause in Contracts

LIMITATION OF TRANSACTIONS DURING EXTENSION. If: (i) the Company shall exercise its right to defer payment of interest as provided in Section 4.1; or (ii) there shall have occurred any Event of Default, then the Company shall be subject to the restrictions on payments set forth under Section 5.6.

Appears in 4 contracts

Samples: CFB Capital Iv, Community First Bankshares Inc, Community First Bankshares Inc

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