Foreign Qualifications. Each of Borrower, Bank and the other Subsidiaries of Borrower is duly qualified as a foreign corporation to transact business and is each in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to so qualify or be in good standing would not result in any Material Adverse Effect on Borrower, Bank and the other Subsidiaries of Borrower, considered as one enterprise.
Appears in 4 contracts
Samples: Senior Note Purchase Agreement (Luther Burbank Corp), Form of Subordinated Note Purchase Agreement (Bay Banks of Virginia Inc), Form of Subordinated Note Purchase Agreement (Newbridge Bancorp)
Foreign Qualifications. Each Borrower and each of Borrower, Bank and the other Subsidiaries of Borrower is duly qualified as a foreign corporation to transact business and is each in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to so qualify or be in good standing would not result in any Material Adverse Effect on Borrower, Bank Borrower and the other Subsidiaries of Borrower, considered as one enterprise.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (People's United Financial, Inc.), Subordinated Note Purchase Agreement (LSB Corp)
Foreign Qualifications. Each of Borrower, Bank and each of the other Subsidiaries of Borrower and Bank is duly qualified as a foreign corporation to transact business and is each in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to so qualify or be in good standing would not result in any Material Adverse Effect on Borrower, Bank and the other Subsidiaries of BorrowerBorrower or Bank, considered as one enterprise.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Enterprise Bancorp Inc /Ma/)
Foreign Qualifications. Each of Borrower, Bank Banks and the other Subsidiaries of Borrower is duly qualified as a foreign corporation to transact business and is each in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to so qualify or be in good standing would not result in any Material Adverse Effect on Borrower, Bank Banks and the other Subsidiaries of Borrower, considered as one enterprise.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (First Business Financial Services, Inc.)
Foreign Qualifications. Each of Borrower, Bank Banks and the other Subsidiaries of Borrower is duly qualified as a foreign corporation to transact business and is each in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to so 12 qualify or be in good standing would not result in any Material Adverse Effect on Borrower, Bank Banks and the other Subsidiaries of Borrower, considered as one enterprise.. 4.8
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement
