Common use of Subordinated Notes Clause in Contracts

Subordinated Notes. The Subordinated Notes have been duly authorized by the Company and when executed by the Company and completed and authenticated by the Trustee in accordance with, and in the forms contemplated by, the Indenture and issued to, delivered to and paid for by the Purchasers in accordance with the terms of the Agreement, will have been duly executed, authenticated, issued and delivered, under the Indenture and will constitute legal, valid and binding obligations of the Company, entitled to the benefits of the Indenture, and enforceable 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 forms attached as exhibits to the Indenture.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Financial Institutions Inc), Subordinated Note Purchase Agreement (Financial Institutions Inc)

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Subordinated Notes. The Subordinated Notes have been duly authorized by the Company and when executed by Company and, in the Company and case of a Global Note completed and authenticated by the Trustee in accordance with, and in the forms contemplated by, the Indenture Indenture, and issued toissued, delivered to and paid for by the Purchasers as provided in accordance with the terms of the this Agreement, will have been duly executed, authenticated, issued and delivered, under the Indenture and will constitute legal, valid and binding obligations of the Company, entitled to the benefits of the Indenture, and enforceable 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 form of the Global Note and the form of the definitive note representing the Subordinated Notes will be substantially in the forms attached as exhibits to the Indenture.

Appears in 2 contracts

Samples: Form of Subordinated Note Purchase Agreement (Amerant Bancorp Inc.), Subordinated Note Purchase Agreement (Civista Bancshares, Inc.)

Subordinated Notes. The Subordinated Notes have been duly authorized by the Company and when the Global Note representing such Subordinated Notes is executed by the Company and completed and authenticated by the Trustee in accordance with, and in the forms contemplated by, the Indenture and issued toissued, delivered to and paid for by the Purchasers as provided in accordance with the terms of the this Agreement, will have been duly executed, authenticated, issued and delivered, under the Indenture and will constitute legal, valid and binding obligations of the Company, entitled to the benefits of the Indenture, and enforceable 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 Global Note representing the Subordinated Notes will be substantially in the forms form attached as exhibits an exhibit to the Indenture.

Appears in 2 contracts

Samples: Form of Subordinated Note Purchase Agreement (County Bancorp, Inc.), Subordinated Note Purchase Agreement (Bridgewater Bancshares Inc)

Subordinated Notes. The Subordinated Notes have been duly authorized by the Company and when executed by the Company and completed and authenticated by the Trustee in accordance with, and in the forms form contemplated by, by the Indenture and issued toissued, delivered to and paid for by the Purchasers in accordance with the terms of the Agreement, will have been duly executed, authenticated, issued and delivered, delivered under the Indenture Indenture, and will constitute legal, valid and binding obligations of the CompanyCompany , entitled to the benefits of the Indenture, and enforceable 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 forms attached as exhibits to the Indenture.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Nicolet Bankshares Inc)

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Subordinated Notes. The Subordinated Notes have been duly authorized by the Company and when the Global Note representing such Subordinated Notes is executed by the Company and completed and authenticated by the Trustee in accordance with, and in the forms contemplated by, the Indenture and issued toissued, delivered to and paid for by the Purchasers as provided in accordance with the terms of the this Agreement, will have been duly executed, authenticated, issued and delivered, under the Indenture and will constitute legal, valid and binding obligations of the Company, entitled to the benefits of the Indenture, and enforceable 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 Notes representing the Subordinated Notes will be substantially in the forms attached as exhibits to the Indenture.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (QCR Holdings Inc)

Subordinated Notes. The Subordinated Notes have been duly authorized by the Company and when the Global Note representing such Subordinated Notes is executed by the Company and completed and authenticated by the Trustee in accordance with, and in the forms form contemplated by, the Indenture and issued toissued, delivered to and paid for by the Purchasers in accordance with the terms of the Agreement, will have been duly executed, authenticated, issued and delivered, under the Indenture and will constitute legal, valid and binding obligations of the Company, entitled to the benefits of the Indenture, and enforceable 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 Global Note(s) representing the Subordinated Notes will be substantially in the forms form(s) attached as an exhibit or exhibits to the Indenture.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (ISABELLA BANK Corp)

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