Common use of Subordinated Notes Clause in Contracts

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First Bancshares, Inc., a Mississippi corporation (the “Company”), designated as the “4.25% Fixed to Floating Rate Subordinated Notes due 2030” (the “Subordinated Notes”) in an aggregate principal amount of $65 million and initially issued on September 25, 2020. The Company has issued this Subordinated Note under that certain Indenture dated as of September 25, 2020, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank National Association, as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 2 contracts

Sources: Indenture (Renasant Corp), Indenture (First Bancshares Inc /MS/)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First Southern States Bancshares, Inc., a Mississippi an Alabama corporation (the “Company”), designated as the “4.257.00% Fixed to Fixed-to-Floating Rate Subordinated Notes due 20302032” (the “Subordinated Notes”) in an aggregate principal amount of $65 million 40,000,000 and initially issued on September 25October 26, 20202022. The Company has issued this Subordinated Note under that certain Indenture dated as of September 25October 26, 20202022, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank National AssociationUMB Bank, N.A., as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 2 contracts

Sources: Indenture (FB Financial Corp), Indenture (Southern States Bancshares, Inc.)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First Southern States Bancshares, Inc., a Mississippi an Alabama corporation (the “Company”), designated as the “4.253.50% Fixed to Fixed-to-Floating Rate Subordinated Notes due 20302032” (the “Subordinated Notes”) in an aggregate principal amount of $65 million 48,000,000 and initially issued on September 25February 7, 20202022. The Company has issued this Subordinated Note under that certain Indenture dated as of September 25February 7, 20202022, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank National AssociationUMB Bank, N.A., as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 2 contracts

Sources: Indenture (FB Financial Corp), Indenture (Southern States Bancshares, Inc.)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First BancsharesNicolet Bankshares, Inc., a Mississippi Wisconsin corporation (the “Company”), designated as the “4.253.125% Fixed to Floating Rate Subordinated Notes due 20302031” (the “Subordinated Notes”) in an aggregate principal amount of $65 100.0 million and initially issued on September 25July 7, 20202021. The Company has issued this Subordinated Note under that certain Indenture dated as of September 25July 7, 20202021, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank National Association, as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 1 contract

Sources: Indenture (Nicolet Bankshares Inc)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First BancsharesSouth Plains Financial, Inc., a Mississippi Texas corporation (the “Company”), designated as the “4.254.50% Fixed to Floating Rate Subordinated Notes due 2030” (the “Subordinated Notes”) in an aggregate principal amount of $65 million 50,000,000 and initially issued on September 2529, 2020. The Company has issued this Subordinated Note under that certain Indenture dated as of September 2529, 2020, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank UMB Bank, National Association, as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 1 contract

Sources: Indenture (South Plains Financial, Inc.)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First BancsharesNorthfield Bancorp, Inc., a Mississippi Delaware corporation and savings and loan holding company (the “Company”), designated as the “4.255.00% Fixed to Fixed-to-Floating Rate Subordinated Notes due 20302032” (the “Subordinated Notes”) in an aggregate principal amount of $65 62.0 million and initially issued on September 25June 17, 20202022. The Company has issued this Subordinated Note under that certain Indenture dated as of September 25June 17, 20202022, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank UMB Bank, National Association, as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 1 contract

Sources: Indenture (Northfield Bancorp, Inc.)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First BancsharesBCB Bancorp, Inc., a Mississippi New Jersey corporation and a bank holding company (the “Company”), designated as the “4.259.25% Fixed to Fixed-to-Floating Rate Subordinated Notes due 20302034” (the “Subordinated Notes”) in an aggregate principal amount of $65 40.0 million and initially issued on September 25August 28, 20202024. The Company has issued this Subordinated Note under that certain Indenture dated as of September 25August 28, 20202024, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank UMB Bank, National Association, as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 1 contract

Sources: Indenture (BCB Bancorp Inc)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First Bancshares, Inc.Meridian Corporation, a Mississippi Pennsylvania corporation (the “Company”), designated as the “4.255.375% Fixed to Fixed-to-Floating Rate Subordinated Notes due 20302029” (the “Subordinated Notes”) in an aggregate principal amount of $65 million 40,000,000 and initially issued on September 25December 18, 20202019. The Company has issued this Subordinated Note under that certain Indenture dated as of September 25December 18, 20202019, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank National Association, as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 1 contract

Sources: Indenture (Meridian Corp)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The Southern First Bancshares, Inc., a Mississippi South Carolina corporation (the “Company”), designated as the “4.254.75% Fixed to Fixed-to-Floating Rate Subordinated Notes due 20302029” (the “Subordinated Notes”) in an aggregate principal amount of $65 million 23,000,000 and initially issued on September 2530, 20202019. The Company has issued this Subordinated Note under that certain Indenture dated as of September 2530, 20202019, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank UMB Bank, National Association, as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 1 contract

Sources: Indenture (Southern First Bancshares Inc)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First BancsharesReliant Bancorp, Inc., a Mississippi Tennessee corporation (the “Company”), designated as the “4.255.125% Fixed to Fixed-to-Floating Rate Subordinated Notes due 20302029” (the “Subordinated Notes”) ), in an aggregate principal amount of $65 million 60,000,000 and initially issued on September 25December 13, 20202019. The Company has issued this Subordinated Note under that certain Indenture dated as of September 25December 13, 20202019, as the same may be amended or supplemented from time to time (the “Indenture”), between the Company and U.S. Bank National AssociationUMB Bank, N.A., as Trustee (the “Trustee”). All capitalized terms used and not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by explicit incorporation by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 1 contract

Sources: Indenture (Reliant Bancorp, Inc.)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First BancsharesEnterprise Bancorp, Inc., a Mississippi Massachusetts corporation (the “Company”), designated as the “4.255.25% Fixed to Floating Rate Subordinated Notes due 2030” (the “Subordinated Notes”) in an aggregate principal amount of $65 million 60,000,000 and initially issued on September 25July 7, 2020. The Company has issued this Subordinated Note under that certain Indenture dated as of September 25July 7, 2020, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank UMB Bank, National Association, as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 1 contract

Sources: Indenture (Enterprise Bancorp Inc /Ma/)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First BancsharesSummit Financial Group, Inc., a Mississippi West Virginia corporation and registered bank holding company (the “Company”), designated as the “4.253.25% Fixed to Fixed-to-Floating Rate Subordinated Notes due 20302031” (the “Subordinated Notes”) in an aggregate principal amount of $65 million 75,000,000 and initially issued on September 25November 16, 20202021. The Company has issued this Subordinated Note under that certain Indenture dated as of September 25November 16, 20202021, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank National AssociationUMB Bank, N.A., as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 1 contract

Sources: Indenture (Summit Financial Group, Inc.)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First BancsharesNicolet Bankshares, Inc., a Mississippi Wisconsin corporation (the “Company”), designated as the “4.253.125 % Fixed to Floating Rate Subordinated Notes due 20302031” (the “Subordinated Notes”) in an aggregate principal amount of $65 100.0 million and initially issued on September 25July 7, 20202021. The Company has issued this Subordinated Note under that certain Indenture dated as of September 25July 7, 20202021, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank National Association, as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 1 contract

Sources: Indenture (Nicolet Bankshares Inc)

Subordinated Notes. This Subordinated Note is one of a duly authorized issue of notes of The First Bancshares, Inc.Investar Holding Corporation, a Mississippi Louisiana corporation and registered financial holding company (the “Company”), designated as the “4.255.125% Fixed to Fixed-to-Floating Rate Subordinated Notes due 20302032” (the “Subordinated Notes”) in an aggregate principal amount of $65 20.0 million and initially issued on September 25April [6], 20202022. The Company has issued this Subordinated Note under that certain Indenture dated as of September 25April [6], 20202022, as the same may be amended or supplemented from time to time (“Indenture”), between the Company and U.S. Bank UMB Bank, National Association, as Trustee (the “Trustee”). All capitalized terms not otherwise defined in this Subordinated Note will have the meanings assigned to them in the Indenture. The terms of this Subordinated Note include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). This Subordinated Note is subject to all such terms, and the Holder (as defined below) is referred to the Indenture and the Trust Indenture Act for a statement of such terms. To the extent any provision of this Subordinated Note irreconcilably conflicts with the express provisions of the Indenture, the provisions of the Indenture will govern and be controlling.

Appears in 1 contract

Sources: Indenture (Investar Holding Corp)