Common use of Prohibition on Assignment by Company Clause in Contracts

Prohibition on Assignment by Company. Except as described in Section 4 (Merger and Sale of Assets) of the Subordinated Notes, Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of Purchasers. In addition, in accordance with the terms of the Subordinated Notes, any transfer of such Subordinated Notes must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.

Appears in 4 contracts

Samples: Subordinated Note Purchase Agreement (BankGuam Holding Co), Subordinated Note Purchase Agreement (Sb Financial Group, Inc.), Subordinated Note Purchase Agreement (BankGuam Holding Co)

AutoNDA by SimpleDocs

Prohibition on Assignment by Company. Except as described in Section 4 8(b) (Merger and or Sale of Assets) of the Subordinated NotesNote, Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes Note without the prior written consent of PurchasersPurchaser. In addition, in accordance with the terms of the Subordinated NotesNote, any transfer of such Subordinated Notes Note must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.

Appears in 4 contracts

Samples: Form of Subordinated Note Purchase Agreement (California BanCorp), Form of Subordinated Note Purchase Agreement (F&m Bank Corp), Subordinated Note Purchase Agreement (Delmar Bancorp)

Prohibition on Assignment by Company. Except as described in Section 4 (Merger and Sale of Assets) of the Subordinated Notes, Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of Purchasers. In addition, in accordance with the terms of the Subordinated Notes, any transfer of such Subordinated Notes must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.

Appears in 3 contracts

Samples: Subordinated Note Purchase Agreement (First Bancshares Inc /MS/), Subordinated Note Purchase Agreement (First Bancshares Inc /MS/), Subordinated Note Purchase Agreement (Franklin Financial Network Inc.)

Prohibition on Assignment by Company. Except as described in Section 4 8(b) (Merger and or Sale of Assets) of the Subordinated NotesNote, Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes Note without the prior written consent of PurchasersPurchaser. In addition, in accordance with the terms of the Subordinated NotesNote, any transfer of such Subordinated Notes Note must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (First Guaranty Bancshares, Inc.), Subordinated Note Purchase Agreement (First Guaranty Bancshares, Inc.)

Prohibition on Assignment by Company. Except as described in Section 4 8(b) (Merger and or Sale of Assets) of the Subordinated Notes, Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of Purchasers. In addition, in accordance with the terms of the Subordinated Notes, any transfer of such Subordinated Notes must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (FVCBankcorp, Inc.), Subordinated Note Purchase Agreement (Carolina Trust BancShares, Inc.)

Prohibition on Assignment by Company. Except as described in Section 4 8 (Merger and Sale of Assets) of the Subordinated Notes, Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of Purchasers. In addition, in accordance with the terms of the Subordinated Notes, any transfer of such Subordinated Notes must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement, Subordinated Note Purchase Agreement (Wellesley Bancorp, Inc.)

Prohibition on Assignment by Company. Except as described in Section 4 8(b) (Merger and or Sale of Assets) of the Subordinated Notes, Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of Purchasers. In addition, in accordance with the terms of the Subordinated Notes, any transfer of such Subordinated Notes by any Purchaser (or its successors and/or assigns) must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Five Star Bancorp), Subordinated Note Purchase Agreement (Five Star Bancorp)

Prohibition on Assignment by Company. Except as described in Section 4 8 (Merger and or Sale of Assets) of the Subordinated Notes, Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of Purchasers. In addition, in accordance with the terms of the Subordinated Notes, any transfer of such Subordinated Notes must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Northeast Bancorp /Me/)

AutoNDA by SimpleDocs

Prohibition on Assignment by Company. Except as described in Section 4 8 (Merger and or Sale of Assets) of the Subordinated Notes, Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of Purchasers. In addition, in accordance with the terms of the Subordinated Notes, any transfer of such Subordinated Notes must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.

Appears in 1 contract

Samples: Form of Subordinated Note Purchase Agreement (Blue Ridge Bankshares, Inc.)

Prohibition on Assignment by Company. Except as described in Section 4 (Merger and Sale of Assets) of the Subordinated Notes, Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent all of Purchasersthe Noteholders (as defined in the Subordinated Note). In addition, in accordance with the terms of the Subordinated Notes, any transfer of such Subordinated Notes by the Noteholders must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.. 8.2

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Citizens Community Bancorp Inc.)

Prohibition on Assignment by Company. Except as described in Section 4 of the Subordinated Notes (Merger and Sale of Assets) of the Subordinated Notes), Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of Purchasers. In addition, in accordance with the terms of the Subordinated Notes, any transfer of such Subordinated Notes must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.

Appears in 1 contract

Samples: Form of Subordinated Note Purchase Agreement (Quaint Oak Bancorp Inc)

Prohibition on Assignment by Company. Except as described in Section 4 8(b) (Merger and or Sale of Assets) of the Subordinated Notes, Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of Purchasers. In addition, in accordance with the terms of the Subordinated Notes, any transfer of such Subordinated Notes must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (HomeTown Bankshares Corp)

Prohibition on Assignment by Company. Except as described in Section 4 (Merger and Sale of Assets9(b) of the Subordinated NotesNote, Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes Note without the prior written consent of PurchasersPurchaser. In addition, in accordance with the terms of the Subordinated NotesNote, any transfer of such Subordinated Notes Note must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (FVCBankcorp, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.