Common use of Subordinated Notes Clause in Contracts

Subordinated Notes. The Subordinated Notes issued on the Closing Date have been duly authorized by the Company and when duly executed by the Company and issued by the Company and delivered to and paid for by the purchasers of such Subordinated Notes (including the Purchaser) in accordance with the terms of the Transaction Documents, will have been duly executed, authenticated, issued and delivered, and will constitute legal, valid and binding obligations of the Company, and enforceable against the Company in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or by general equitable principles.

Subordinated Notes. The Subordinated Notes issued on the Closing Date have been duly authorized by the Company and when duly executed by the Company and issued by the Company and delivered to and paid for by the purchasers of such Subordinated Notes (including the Purchaser) Purchasers in accordance with the terms of the Transaction DocumentsSubordinated Note Purchase Agreements by and between the Company and each Purchaser, will have been duly executed, authenticated, issued and delivered, and will constitute legal, valid and binding obligations of the Company, Company and enforceable against the Company in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or by general equitable principles.

Subordinated Notes. The Subordinated Notes issued on the Closing Date have been duly authorized by the Company and when duly executed executed, issued and delivered by the Company and issued by to the Company and delivered to Purchasers and paid for by the purchasers of such Subordinated Notes (including the Purchaser) Purchasers in accordance with the terms of the Transaction DocumentsSubordinated Note Purchase Agreements by and between the Company and each Purchaser, will have been duly executed, authenticated, issued and delivered, and will constitute legal, valid and binding obligations of the Company, and enforceable against the Company in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or by general equitable principles.

Subordinated Notes. The Subordinated Notes issued on the Closing Date have been duly authorized by the Company and when duly executed by the Company and issued completed and authenticated by the Company Trustee in accordance with, and in the forms contemplated by, the Indenture and issued, delivered to and paid for by the purchasers of such Subordinated Notes (including the Purchaser) as provided in accordance with the terms of the Transaction Documentsthis Agreement, will have been duly executed, authenticated, issued and delivered, under the Indenture and will constitute legal, valid and binding obligations of Company, entitled to the Companybenefit of the Indenture, and enforceable against the Company in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or by general equitable principles. When executed and delivered, the Subordinated Notes will be substantially in the form attached as an exhibit to the Indenture.

Subordinated Notes. The Subordinated Notes issued on the Closing Date have been duly authorized by the Company and when duly executed by the Company and issued by the Company and delivered to the Purchasers and paid for by the purchasers of such Subordinated Notes (including the Purchaser) Purchasers in accordance with the terms of the Transaction DocumentsSubordinated Note Purchase Agreements by and between the Company and each Purchaser, will have been duly executed, authenticated, issued and delivered, and will constitute legal, valid and binding obligations of the Company, and enforceable against the Company in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or by general equitable principles.

Subordinated Notes. The Subordinated Notes issued on the Closing Date have been duly authorized by the Company and when duly executed executed, authenticated, issued and delivered by the Company and issued by to the Company and delivered to Purchasers and paid for by the purchasers of such Subordinated Notes (including the Purchaser) Purchasers in accordance with the terms of the Transaction Documentsthis Agreement, will have been duly executed, authenticated, issued and delivered, and will constitute legal, valid and binding obligations of the Company, and enforceable against the Company in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium receivership, moratorium, fraudulent conveyance, fraudulent transfer or other similar laws now or hereafter in effect relating to or affecting creditors’ rights generally or by general equitable principles.

Subordinated Notes. The Subordinated Notes issued on the Closing Date have been duly authorized by the Company and when duly executed by the Company and issued by the Company and delivered to and paid for by the purchasers of such Subordinated Notes (including the Purchaser) Purchasers in accordance with the terms of the Transaction DocumentsSubordinated Note Purchase Agreements by and between the Company and each Purchaser, will have been duly executed, authenticated, issued and delivered, delivered and will constitute legal, valid and binding obligations of the Company, Company and enforceable against the Company in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or by general equitable principles.