No Control. Each Purchaser agrees that it shall not, without the prior written consent of the Company, contribute capital to the Company or acquire an amount of voting securities of the Company that in either case would cause or be reasonably likely to cause such Purchaser, to be deemed to control the Company for purposes of the Bank Holding Company Act of 1956, as amended, or the Change in Bank Control Act of 1978, as amended, or applicable state Law.
Appears in 4 contracts
Sources: Subordinated Note Purchase Agreement (Business First Bancshares, Inc.), Securities Purchase Agreement (Business First Bancshares, Inc.), Subordinated Note Purchase Agreement (Business First Bancshares, Inc.)
No Control. Each No Purchaser agrees that it shall notshall, without the prior written consent of the Company, contribute capital to the Company or acquire an amount of voting securities of the Company that in either case would cause or be reasonably likely to cause such Purchaser, Purchaser to be deemed to control the Company for purposes of the Bank Holding Company Act of 1956, as amended, or the Change in Bank Control Act of 1978, as amended, or applicable state Law.
Appears in 4 contracts
Sources: Subordinated Note Purchase Agreement (Tectonic Financial, Inc.), Subordinated Note Purchase Agreement (Southern National Bancorp of Virginia Inc), Subordinated Note Purchase Agreement (Bank of Commerce Holdings)
No Control. Each Purchaser agrees that it shall will not, without the prior written consent of the Company, contribute capital to the Company or acquire an amount of voting securities of the Company that in either case would cause or be reasonably likely to cause such Purchaser, Purchaser to be deemed to control the Company for purposes of the Bank Holding Company BHC Act of 1956, as amended, or the Change in Bank Control Act of 1978, as amended, or applicable state Law.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Investar Holding Corp), Stock Purchase Agreement (Investar Holding Corp)
No Control. Each Purchaser agrees that it shall not, without the prior written consent of the Company, contribute capital to the Company or acquire an amount of voting securities of the Company that in either case would cause or be reasonably likely expected to cause such PurchaserPurchaser either acting alone or in concert with others, to be deemed to control the Company for purposes of the Bank Holding Company Act of 1956, as amended, or the Change in Bank Control Act of 1978, as amended, or applicable state Law.
Appears in 1 contract
Sources: Subordinated Note Purchase Agreement (First Western Financial Inc)
No Control. Each Purchaser agrees that it shall not, without the prior written consent of the Company, contribute capital to the Company or acquire an amount of voting securities of the Company that in either case would cause or be reasonably likely to cause such Purchaser, to be deemed to control the Company for purposes of the Bank Holding Company Act of 1956, as amended, or the Change in Bank Control Act of 1978, as amended, or applicable state Law.
Appears in 1 contract
Sources: Subordinated Note Purchase Agreement (First Savings Financial Group Inc)
No Control. Each Purchaser agrees that it shall will not, without the prior written consent of the Company, contribute capital to the Company or acquire an amount of voting securities of the Company that in either case would cause or be reasonably likely to cause such Purchaser, Purchaser to be deemed to control the Company for purposes of the Bank Holding Company Act of 1956, as amended, or the Change in Bank Control Act of 1978, as amended, or applicable state Law.
Appears in 1 contract
Sources: Subordinated Note Purchase Agreement (Investar Holding Corp)
No Control. Each Purchaser agrees that it shall not, without the prior written consent of the Company, contribute capital to the Company or acquire an amount of voting securities of the Company that in either case would cause or be reasonably likely to cause such Purchaser, Purchaser to be deemed to control the Company for purposes of the Bank Holding Company Act of 1956, as amended, or the Change in Bank Control Act of 1978, as amended, or applicable state LawMaryland law.
Appears in 1 contract
Sources: Subordinated Note Purchase Agreement (Citizens Community Bancorp Inc.)
No Control. Each Purchaser agrees that it shall not, without the prior written consent of the Company, contribute capital to the Company or acquire an amount of voting securities of the Company that in either case would cause or be reasonably likely to cause such Purchaser, to be deemed to control the Company for purposes of the Bank Holding Company Act of 1956, as amended, or the Change in Bank Control Act of 1978, as amended, or applicable state Law.
Appears in 1 contract
Sources: Subordinated Debenture Purchase Agreement (Guaranty Bancshares Inc /Tx/)