Common use of Subordination of Debentures Clause in Contracts

Subordination of Debentures. 48 Section 16.1. Agreement to Subordinate........................................48 Section 16.2. Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section 16.3.

Appears in 2 contracts

Samples: Peoples Bancshares Inc, Peoples Bancshares Inc

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Subordination of Debentures. 48 51 Section 16.1. 16.1 Agreement to Subordinate........................................48 .............................................................51 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 ...........51 Section 16.3.

Appears in 2 contracts

Samples: Second Bancorp Incorporated (Second Bancorp Inc), Second Bancorp Inc

Subordination of Debentures. 48 49 Section 16.1. 16.1 Agreement to Subordinate........................................48 ..................................................................49 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................................49 Section 16.3.TABLE OF CONTENTS (continued) PAGE

Appears in 1 contract

Samples: Ifc Capital Trust Vi

Subordination of Debentures. 48 60 Section 16.1. 16.1 Agreement to Subordinate........................................48 Subordinate .................................................................... 60 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Subordinated Debt.................................................. 60 Section 16.3.

Appears in 1 contract

Samples: Southern Community Financial Corp

Subordination of Debentures. 48 56 Section 16.1. 16.1 Agreement to Subordinate........................................48 ..............................................56 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section 16.3.....................................................56

Appears in 1 contract

Samples: Indenture (Florida Banks Inc)

Subordination of Debentures. 48 70 Section 16.1. 17.1 Agreement to Subordinate........................................48 Subordinate ....................................................................70 Section 16.2. 17.2 Default on Senior Debt, Subordinated Debt or Additional Senior ObligationsSubordinated Debt..................................................49 71 Section 16.3.17.3

Appears in 1 contract

Samples: Southern Community Capital Trust I

Subordination of Debentures. 48 60 Section 16.1. 16.1 Agreement to Subordinate........................................48 ..................................................... 60 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Subordinated Debt.................................. 60 Section 16.3.

Appears in 1 contract

Samples: Southern Community Financial Corp

Subordination of Debentures. 48 44 Section 16.1. Agreement to Subordinate........................................48 Subordinate . . . . . . . . . 45 Section 16.2. Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 . . . 45 Section 16.3.

Appears in 1 contract

Samples: First Banks Inc

Subordination of Debentures. 48 53 Section 16.1. 16.1 Agreement to Subordinate........................................48 ........................................... 53 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 ................................................. 53 Section 16.3.

Appears in 1 contract

Samples: Indenture (Private Bancorp Capital Trust I)

Subordination of Debentures. 48 46 Section 16.1. Agreement to Subordinate........................................48 ................................................................46 Section 16.2. Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section 16.3...................................................................................46

Appears in 1 contract

Samples: Yardville Capital Trust

Subordination of Debentures. 48 64 Section 16.1. 17.1 Agreement to Subordinate........................................48 ......................................... 64 Section 16.2. 17.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 ............................................... 64 Section 16.3.17.3

Appears in 1 contract

Samples: Ifc Capital Trust Ii

Subordination of Debentures. 48 60 Section 16.1. 17.1 Agreement to Subordinate........................................48 ............................................................60 Section 16.2. 17.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 ..........61 Section 16.3.17.3

Appears in 1 contract

Samples: American Bank Inc

Subordination of Debentures. 48 Section 16.1. 47 13.1 Agreement to Subordinate........................................48 Section 16.2. .......................................................47 13.2 Default on On Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section 16.3......47 13.3

Appears in 1 contract

Samples: First Merchants Capital Trust I

Subordination of Debentures. 48 55 Section 16.1. 16.1 Agreement to Subordinate........................................48 .............................................. 55 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Subordinated Debt........................... 55 Section 16.3.

Appears in 1 contract

Samples: Crescent Capital Trust I

Subordination of Debentures. 48 49 Section 16.1. 16.1 Agreement to Subordinate........................................48 ..............................................................49 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations...........................................................................................................49 Section 16.3.

Appears in 1 contract

Samples: Prosperity Capital Trust I

Subordination of Debentures. 48 Section 16.1. 16.1 Agreement to Subordinate.................................................................................................48 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 .......48 Section 16.3.

Appears in 1 contract

Samples: Wintrust Capital Trust VI

Subordination of Debentures. 48 Section 16.1. Agreement to Subordinate........................................48 ............................................................. 43 Section 16.2. Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section 16.3........................................................................... 43

Appears in 1 contract

Samples: Ifc Capital Trust I

Subordination of Debentures. 48 Section 16.1. 47 13.1 Agreement to Subordinate........................................48 Section 16.2. .................................47 13.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section 16.3.............................47 13.3

Appears in 1 contract

Samples: First Merchants Corp

Subordination of Debentures. 48 56 Section 16.1. 16.1 Agreement to Subordinate........................................48 ..................56 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 .....56 Section 16.3.

Appears in 1 contract

Samples: Indenture (Heartland Financial Usa Inc)

Subordination of Debentures. 48 51 Section 16.1. 16.1 Agreement to Subordinate........................................48 .................................................................. 51 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section 16.3................. 52

Appears in 1 contract

Samples: Taylor Capital Group Inc

Subordination of Debentures. 48 Section 40 SECTION 16.1. Agreement to Subordinate........................................48 Section .................................. 40 SECTION 16.2. Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section ........................................ 41 SECTION 16.3.

Appears in 1 contract

Samples: CNB Holdings Inc /Ga/

Subordination of Debentures. 48 Section 51 SECTION 16.1. Agreement to Subordinate........................................48 Section ............................................... 51 SECTION 16.2. Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section ................................................... 51 SECTION 16.3.

Appears in 1 contract

Samples: Premier Bancshares Inc /Ga

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Subordination of Debentures. 48 Section 16.1. 49 13.1 Agreement to Subordinate........................................48 Section 16.2. ......................................49 13.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations................................................................................49 Section 16.3.13.3

Appears in 1 contract

Samples: First Merchants Corp

Subordination of Debentures. 48 51 Section 16.1. 16.1 Agreement to Subordinate........................................48 ............................51 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 ....................51 Section 16.3.

Appears in 1 contract

Samples: Wintrust Financial Corp

Subordination of Debentures. 48 47 Section 16.115.1. Agreement to Subordinate........................................48 ............................... 47 Section 16.215.2. Default on Senior DebtIndebtedness......................... 47 Section 15.3. Liquidation, Subordinated Debt or Additional Senior Obligations..................................................Dissolution, Bankruptcy................... 48 Section 15.4. Subrogation............................................ 49 Section 16.315.5.

Appears in 1 contract

Samples: Indenture (Sterling Financial Corp /Wa/)

Subordination of Debentures. 48 54 Section 16.1. 16.1 Agreement to Subordinate........................................48 .................................................... 54 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 .. 54 Section 16.3.

Appears in 1 contract

Samples: Indenture (Paradigm Capital Trust Ii)

Subordination of Debentures. 48 53 Section 16.1. 16.1 Agreement to Subordinate........................................48 ....................................................................... 53 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 ..................... 53 Section 16.3.

Appears in 1 contract

Samples: Ifc Capital Trust Ii

Subordination of Debentures. 48 51 Section 16.1. 16.1 Agreement to Subordinate........................................48 .......................................... 51 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 ................................................ 51 Section 16.3.

Appears in 1 contract

Samples: Wintrust Capital Trust Ii

Subordination of Debentures. 48 Section 16.1. Agreement to Subordinate........................................48 ........................................................36 Section 16.2. Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section 16.3.................................................36

Appears in 1 contract

Samples: Indenture (Eagle Bancshares Inc)

Subordination of Debentures. 48 55 Section 16.1. 16.1 Agreement to Subordinate........................................48 ................................ 55 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section 16.3.Subordinated Debt............. 55

Appears in 1 contract

Samples: Indenture Indenture (Pennfirst Capital Trust I)

Subordination of Debentures. 48 64 Section 16.1. 17.1 Agreement to Subordinate........................................48 .................................................. 64 Section 16.2. 17.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section 16.3........................................................... 64

Appears in 1 contract

Samples: Americredit Capital Trust I

Subordination of Debentures. 48 62 Section 16.1. 17.1 Agreement to Subordinate........................................48 ..............................................................62 Section 16.2. 17.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 ............63 Section 16.3.17.3

Appears in 1 contract

Samples: Greater Atlantic Financial Corp

Subordination of Debentures. 48 Section 16.1. Agreement to Subordinate........................................48 ..................................................... 41 Section 16.2. Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 ..................................................................... 41 Section 16.3.

Appears in 1 contract

Samples: Franklin Capital Trust I

Subordination of Debentures. 48 64 Section 16.1. 17.1 Agreement to Subordinate........................................48 ....................................................................64 Section 16.2. 17.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section 16.3...................65

Appears in 1 contract

Samples: Southside Capital Trust Ii

Subordination of Debentures. 48 50 Section 16.1. 16.1 Agreement to Subordinate........................................48 .................................. 50 Section 16.2. 16.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 ............................. 50 Section 16.3.

Appears in 1 contract

Samples: Indenture (Paradigm Capital Trust Ii)

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