Common use of Representations and Warranties as to Preferred Stock Clause in Contracts

Representations and Warranties as to Preferred Stock. In the case of the initial deposit of the Preferred Stock hereunder, the Company represents and warrants that such Preferred Stock and each certificate therefor are validly issued, fully paid and nonassessable. Such representations and warranties shall survive the deposit of the Preferred Stock and the issuance of Receipts.

Appears in 70 contracts

Samples: Deposit Agreement (Citigroup Inc), Deposit Agreement (M&t Bank Corp), Deposit Agreement (Jpmorgan Chase & Co)

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Representations and Warranties as to Preferred Stock. In the case of the initial deposit of the Preferred Stock hereunder, the Company shall be deemed thereby to represent and warrant that the Preferred Stock and each certificate therefor are valid and that such deposit has been duly authorized. The Company hereby further represents and warrants that such Preferred Stock and each certificate therefor are is validly issued, fully paid and nonassessablenon-assessable. Such representations and warranties shall survive the deposit of the Preferred Stock and the issuance of Receipts.

Appears in 20 contracts

Samples: Deposit Agreement (First Bancorp /Nc/), Deposit Agreement (Southern First Bancshares Inc), Deposit Agreement (Live Oak Bancshares, Inc.)

Representations and Warranties as to Preferred Stock. In the case of the initial deposit of the Preferred Stock hereunder, the Company represents shall be deemed thereby to represent and warrants warrant that such the Preferred Stock and each certificate therefor are valid and that such deposit has been duly authorized. The Company hereby further represents and warrants that such Preferred Stock, is validly issued, fully paid and nonassessablenon-assessable. Such representations and warranties shall survive the deposit of the Preferred Stock and the issuance of Receipts.

Appears in 5 contracts

Samples: Deposit Agreement (CenterState Banks, Inc.), Deposit Agreement (Centerstate Banks of Florida Inc), Deposit Agreement (PNC Financial Services Group Inc)

Representations and Warranties as to Preferred Stock. In the case of the initial deposit of the Preferred Stock hereunder, the Company represents and warrants that such Preferred Stock and and, if certificated, each certificate therefor are duly authorized, validly issued, fully paid and nonassessable. Such representations and warranties shall survive the deposit of the Preferred Stock and the issuance of Receipts.

Appears in 4 contracts

Samples: Deposit Agreement (AGNC Investment Corp.), Deposit Agreement (AGNC Investment Corp.), Deposit Agreement (AGNC Investment Corp.)

Representations and Warranties as to Preferred Stock. In the case of the initial deposit of the Preferred Stock hereunder, the Company shall be deemed thereby to represent and warrant that the Preferred Stock and each certificate therefor are valid and that such deposit has been duly authorized. The Company hereby further represents and warrants that such Preferred Stock and each certificate therefor are is validly issued, fully paid and nonassessable. Such representations and warranties shall survive the deposit of the Preferred Stock and the issuance of Receipts.

Appears in 2 contracts

Samples: Deposit Agreement (Enterprise Bancorp Inc /Ma/), Deposit Agreement (Enterprise Bancorp Inc /Ma/)

Representations and Warranties as to Preferred Stock. In the case of the initial deposit of the Preferred Stock hereunder, the Company represents and warrants that such Preferred Stock and and, if certificated, each certificate therefor are validly issued, fully paid and nonassessable. Such representations and warranties shall survive the deposit of the Preferred Stock and the issuance of Receipts.

Appears in 2 contracts

Samples: Deposit Agreement (AGNC Investment Corp.), Deposit Agreement (American Capital Agency Corp)

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Representations and Warranties as to Preferred Stock. In the case of the With its initial deposit of the Preferred Stock hereunderStock, the Company represents shall be deemed thereby to represent and warrants warrant that such Preferred Stock and each certificate therefor are is valid. The Company hereby further represents and warrants that the Preferred Stock, when issued, will be duly authorized, validly issued, fully paid and nonassessable. Such representations and warranties shall survive the deposit of the Preferred Stock and the issuance of Receipts.

Appears in 1 contract

Samples: Deposit Agreement (Infocure Corp)

Representations and Warranties as to Preferred Stock. In the case of the initial deposit of the Preferred Stock hereunder, the Company represents and warrants that such Preferred Stock and each certificate therefor are validly issued, fully paid and nonassessablenon-assessable. Such representations and warranties shall survive the deposit of the Preferred Stock and the issuance of Receipts.

Appears in 1 contract

Samples: Deposit Agreement (XOMA Corp)

Representations and Warranties as to Preferred Stock. In the case of the initial deposit of the Preferred Stock hereunder, the Company represents and warrants that such Preferred Stock and each certificate therefor therefor, if any, are validly issued, fully paid and nonassessable. Such representations and warranties shall survive the deposit of the Preferred Stock and the issuance of Receipts.

Appears in 1 contract

Samples: Deposit Agreement (American Express Co)

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