Common use of Most Favored Nation Clause in Contracts

Most Favored Nation. During the period from the date of this Agreement through the Closing Date, neither the Company nor its Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its Subsidiaries that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers by this Agreement, unless, in any such case, the Purchasers have been provided with such rights and benefits.

Appears in 11 contracts

Samples: Securities Purchase Agreement (First Mid Illinois Bancshares Inc), Securities Purchase Agreement (F&m Bank Corp), Securities Purchase Agreement (Customers Bancorp, Inc.)

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Most Favored Nation. During the period from the date of this Agreement through the Closing DateClosing, neither the Company nor its the Company Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its the Company Subsidiaries (including any Additional Agreements entered into with the Additional Investors) that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers Investor by this Agreementthe Transaction Documents, unless, in any such case, the Purchasers have Investor has been provided with such rights and benefits.

Appears in 5 contracts

Samples: Investment Agreement (Anchorage Capital Group, L.L.C.), Investment Agreement (Central Pacific Financial Corp), Investment Agreement (Central Pacific Financial Corp)

Most Favored Nation. During the period from the date of this Agreement through the Closing Date, neither the Company nor any of its Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its Subsidiaries that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers any Purchaser by this Agreement, unless, in any such case, the Purchasers have such Purchaser has been provided with such rights and benefits.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Pathfinder Bancorp, Inc.), Securities Purchase Agreement (Central Federal Corp), Securities Purchase Agreement (Bancorp 34, Inc.)

Most Favored Nation. During the period from the date of this Agreement through the Closing Date, neither the Company nor any of its Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its Subsidiaries that have the effect of establishing rights or otherwise benefiting such investor in a manner materially more favorable in any material respect favorable, taken as a whole, to such investor than the rights and benefits established in favor of the Purchasers Initial Investor Persons by this Agreement, unless, in any such case, the Purchasers Initial Investors have been provided with offered such rights and benefits.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Republic First Bancorp Inc), Securities Purchase Agreement (Republic First Bancorp Inc)

Most Favored Nation. During the period from the date of this Agreement through the Closing DateClosing, neither the Company nor its shall not, and shall cause the Subsidiaries shall not to, enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its the Subsidiaries that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers Purchaser by this Agreementthe Transaction Documents, unless, in any such case, the Purchasers have Purchaser has been provided with such rights and benefits.

Appears in 1 contract

Samples: Securities Purchase Agreement (Newbridge Bancorp)

Most Favored Nation. During the period from the date of this Agreement hereof through the Closing DateSecond Closing, neither the Company nor its any of the Company Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its the Company Subsidiaries including any of the Company’s Securities that have the effect of establishing rights or otherwise benefiting benefitting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers Investor by this Agreement, unless, in any such case, the Purchasers have Investor has been provided with offered such rights and benefits.

Appears in 1 contract

Samples: Securities Purchase Agreement (Summit Financial Group Inc)

Most Favored Nation. During the period from the date of this Agreement through the Closing Date, neither the Company nor any of its Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its Subsidiaries that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers any Purchaser by this Agreement, unless, in any such case, the Purchasers have such Purchaser has been provided with such rights and benefits.

Appears in 1 contract

Samples: Securities Purchase Agreement (Castle Creek Capital Partners VI, LP)

Most Favored Nation. During Except as disclosed or set forth herein, during the period from the date of this Agreement through the Closing Date, neither the Company nor its Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its Subsidiaries that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers Shareholders by this Agreement, unless, in any such case, the Purchasers Shareholders have been provided with such rights and benefits.

Appears in 1 contract

Samples: Share Exchange Agreement (Yadkin Valley Financial Corp)

Most Favored Nation. During Except with respect to closing mechanics, during the period from the date of this Agreement through the Closing Date, neither the Company nor its Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its Subsidiaries that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers by this Agreement, unless, in any such case, the Purchasers have been provided with such rights and benefits.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ameris Bancorp)

Most Favored Nation. During Except as disclosed herein or with respect to closing mechanics, during the period from the date of this Agreement through the Closing Date, neither the Company nor its Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its Subsidiaries Subsidiaries, that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers by this Agreement, unless, in any such case, the Purchasers have been provided with such rights and benefits.

Appears in 1 contract

Samples: Securities Purchase Agreement (Vantagesouth Bancshares, Inc.)

Most Favored Nation. During Except as disclosed or set forth herein, during the period from the date of this Agreement through the Closing Date, neither the Company nor its Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its Subsidiaries that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers by this Agreement, unless, in any such case, the Purchasers have been provided with such rights and benefits.

Appears in 1 contract

Samples: Securities Purchase Agreement (Yadkin Valley Financial Corp)

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Most Favored Nation. During the period from the date of this Agreement through the Closing Date, neither the Company nor its Subsidiaries any Subsidiary shall enter into any additional, or modify any existing, agreements agreements, arrangements or understandings with any existing or future investors in the Company or any of its Subsidiaries Subsidiary that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers Purchaser by this Agreement, unless, in any such case, the Purchasers Purchaser have been provided with such rights and benefits.

Appears in 1 contract

Samples: Securities Purchase Agreement (Porter Bancorp, Inc.)

Most Favored Nation. During the period from the date of this Agreement through the Closing Date, neither the Company nor its Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its Subsidiaries that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers Purchaser by this Agreement, unless, in any such case, the Purchasers have Purchaser has been provided with such rights and benefits.

Appears in 1 contract

Samples: 2016 Stock Purchase Agreement (Southern California Bancorp \ CA)

Most Favored Nation. During Except as disclosed, during the period from the date of this Agreement through the Closing Date, neither the Company nor its Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its Subsidiaries Subsidiaries, that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers Purchaser by this Agreement, unless, in any such case, the Purchasers have Purchaser has been provided with such rights and benefits.

Appears in 1 contract

Samples: Securities Purchase Agreement (Aquiline BNC Holdings LLC)

Most Favored Nation. During the period from the date of this Agreement through hereof though the Closing DateClosing, neither the Company nor its any of the Company Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its the Company Subsidiaries (including the Other Private Placements) that have the effect of establishing rights or otherwise benefiting benefitting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers Investor by this Agreement, unless, in any such case, the Purchasers have been provided Transaction Documents (except with such respect to those rights and benefits.benefits specified in

Appears in 1 contract

Samples: Securities Purchase Agreement (Intermountain Community Bancorp)

Most Favored Nation. During the period from the date of this Agreement through the Closing DateClosing, neither the Company nor its Subsidiaries Subsidiary shall enter into any additional, or modify any existing, agreements agreements, arrangements or understandings with any existing or future investors in the Company or any of its Subsidiaries Subsidiary that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Qualifying Purchasers by this Agreement and the Registration Rights Agreement, unless, in any such case, the Qualifying Purchasers have been provided with such rights and benefits.

Appears in 1 contract

Samples: Stock Purchase Agreement (Southern States Bancshares, Inc.)

Most Favored Nation. During Except as disclosed, during the period from the date of this Agreement through the Closing Date, neither the Company nor its Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its Subsidiaries Subsidiaries, that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers Purchaser by this Agreement, unless, in any such case, the Purchasers have Purchaser has been provided with such rights and benefits.. ARTICLE 5:

Appears in 1 contract

Samples: Securities Purchase Agreement (BNC Bancorp)

Most Favored Nation. During Except as disclosed or set forth herein, during the period from the date of this Agreement through the Closing Date, neither the Company nor its Subsidiaries shall enter into any additional, or modify any existing, agreements with any existing or future investors in the Company or any of its Subsidiaries that have the effect of establishing rights or otherwise benefiting such investor in a manner more favorable in any material respect to such investor than the rights and benefits established in favor of the Purchasers Investor by this Agreement, unless, in any such case, the Purchasers Investor have been provided with such rights and benefits.

Appears in 1 contract

Samples: Securities Purchase Agreement (Four Oaks Fincorp Inc)

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