Organization, Standing and Qualification. (a) FTN Financial Capital Markets is a division of First Tennessee Bank National Association, a national banking association duly organized, validly existing and in good standing under the laws of the United States, with full power and authority to own, lease and operate its properties and conduct its business as currently being conducted. FTN Financial Capital Markets is duly qualified to transact business as a foreign corporation and is in good standing in each other jurisdiction in which it owns or leases property or conducts its business so as to require such qualification and in which the failure to so qualify would, individually or in the aggregate, have a material adverse effect on the condition (financial or otherwise), earnings, business, prospects or results of operations of FTN Financial Capital Markets.
Appears in 34 contracts
Samples: Subscription Agreement (Capstead Mortgage Corp), Subscription Agreement (Ameris Bancorp), Master Custodian Agreement (Community Bancorp /Vt)
Organization, Standing and Qualification. (a) FTN Financial Capital Markets is a division of First Tennessee Bank National AssociationBank, N.A., a national banking association duly organized, validly existing and in good standing under the laws of the United States, with full power and authority to own, lease and operate its properties and conduct its business as currently being conducted. FTN Financial Capital Markets is duly qualified to transact business as a foreign corporation and is in good standing in each other jurisdiction in which it owns or leases property or conducts its business so as to require such qualification and in which the failure to so qualify would, individually or in the aggregate, have a material adverse effect on the condition (financial or otherwise), earnings, business, prospects or results of operations of FTN Financial Capital Markets.
Appears in 17 contracts
Samples: Subscription Agreement (Coast Bancorp/Ca), Subscription Agreement (American Safety Insurance Holdings LTD), Subscription Agreement (Americanwest Bancorporation)
Organization, Standing and Qualification. (aA) FTN Financial Capital Markets is a division of First Tennessee Bank National Association, a national banking association duly organized, validly existing and in good standing under the laws of the United States, with full power and authority to own, lease and operate its properties and conduct its business as currently being conducted. FTN Financial Capital Markets is duly qualified to transact business as a foreign corporation and is in good standing in each other jurisdiction in which it owns or leases property or conducts its business so as to require such qualification and in which the failure to so qualify would, individually or in the aggregate, have a material adverse effect on the condition (financial or otherwise), earnings, business, prospects or results of operations of FTN Financial Capital Markets.
Appears in 3 contracts
Samples: Placement Agreement (MortgageIT Holdings, Inc.), Subscription Agreement (Exchange National Bancshares Inc), Subscription Agreement (Citizens Banking Corp)
Organization, Standing and Qualification. (a) FTN Financial Capital Markets is a division of First Tennessee Bank National AssociationBank, N.A., a national banking association duly organized, validly existing and in good standing under the laws of the United States, with full power and authority to own, lease and operate its properties and conduct its business as currently being conducted. FTN Financial Capital Markets is duly qualified to transact business as a foreign corporation and is in good standing in each other jurisdiction in which it owns or leases property or conducts its business so as to require such qualification and in which the failure to so qualify would, individually or in the aggregate, have a material adverse effect on the condition (financial or otherwise), . earnings, business, prospects or results of operations of FTN Financial Capital Markets.
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