Common use of Transaction is Legal and Authorized Clause in Contracts

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 25 contracts

Samples: Subordinated Note Purchase Agreement (Meridian Corp), Subordinated Note Purchase Agreement (Coastal Financial Corp), Subordinated Note Purchase Agreement (Colony Bankcorp Inc)

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Transaction is Legal and Authorized. The issuance of the Subordinated NotesNotes pursuant to the Indenture, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 22 contracts

Samples: Subordinated Note Purchase Agreement (Home Bancorp, Inc.), Subordinated Note Purchase Agreement (Northfield Bancorp, Inc.), Subordinated Note Purchase Agreement (Investar Holding Corp)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note AmountAmounts, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 15 contracts

Samples: Subordinated Note Purchase Agreement (Farmers & Merchants Bancorp Inc), Subordinated Note Purchase Agreement (BankGuam Holding Co), Subordinated Note Purchase Agreement (Sb Financial Group, Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated NotesNotes pursuant to the Indenture, the borrowing of the aggregate of the Subordinated Note AmountAmounts, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 10 contracts

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

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note Amount, Amount the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 9 contracts

Samples: Subordinated Note Purchase Agreement (Riverview Financial Corp), Subordinated Note Purchase Agreement (Summit Financial Group Inc), Form of Subordinated Note Purchase Agreement (Spirit of Texas Bancshares, Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated NotesNotes pursuant to the Indenture, the borrowing of the aggregate of the Subordinated Note AmountAmounts, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 8 contracts

Samples: Subordinated Note Purchase Agreement (Third Coast Bancshares, Inc.), Subordinated Note Purchase Agreement (Civista Bancshares, Inc.), Subordinated Note Purchase Agreement (Triumph Bancorp, Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note AmountAmounts, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 7 contracts

Samples: Subordinated Note Purchase Agreement (Mercantile Bank Corp), Subordinated Note Purchase Agreement (Farmers National Banc Corp /Oh/), Subordinated Note Purchase Agreement (MVB Financial Corp)

Transaction is Legal and Authorized. The issuance of the Subordinated NotesNotes pursuant to the Indenture, the borrowing of the aggregate of the Subordinated Note Amount, Amount the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 7 contracts

Samples: Subordinated Note Purchase Agreement (First Savings Financial Group, Inc.), Subordinated Note Purchase Agreement (Pathfinder Bancorp, Inc.), Subordinated Note Purchase Agreement (Community Financial Corp /Md/)

Transaction is Legal and Authorized. The issuance of the Subordinated NotesNote, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 5 contracts

Samples: Subordinated Note Purchase Agreement (FVCBankcorp, Inc.), Form of Subordinated Note Purchase Agreement (California BanCorp), Form of Subordinated Note Purchase Agreement (F&m Bank Corp)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note AmountAmounts, the execution and delivery of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 3 contracts

Samples: Subordinated Note Purchase Agreement (First Bancshares Inc /MS/), Subordinated Note Purchase Agreement (First Bancshares Inc /MS/), Subordinated Note Purchase Agreement (Franklin Financial Network Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note Amount, the execution and delivery of the Transaction Documents and the compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Quaint Oak Bancorp Inc), Subordinated Note Purchase Agreement (Union Bankshares Inc)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Heritage Commerce Corp), Subordinated Note Purchase Agreement (Guaranty Bancshares Inc /Tx/)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note AmountAmounts, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.. 

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Franklin Financial Services Corp /Pa/), Subordinated Note Purchase Agreement (Franklin Financial Services Corp /Pa/)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note AmountAmounts, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.. 4.2.2

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Professional Holding Corp.), Execution Copy Subordinated Note Purchase Agreement (Sound Financial Bancorp, Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated NotesNotes pursuant to the Indenture, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents Documents, and the compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 2 contracts

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

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note AmountAmounts, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.. 4.2.2

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Citizens Community Bancorp Inc.), Subordinated Note Purchase Agreement (Citizens Community Bancorp Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated NotesNote, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (First Guaranty Bancshares, Inc.), Subordinated Note Purchase Agreement (First Guaranty Bancshares, Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated NotesNotes pursuant to the Indenture, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Eagle Bancorp Montana, Inc.), Subordinated Note Purchase Agreement (FS Bancorp, Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated NotesNotes pursuant to the Paying Agency Agreement, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Origin Bancorp, Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (County Bancorp, Inc.)

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Transaction is Legal and Authorized. The Company’s issuance of the Subordinated Notes, the borrowing of the aggregate by Company of the Subordinated Note AmountAmounts, the Company’s execution of the Transaction Documents Documents, and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Howard Bancorp Inc)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note Amount, the execution and delivery of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (LINKBANCORP, Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note AmountAmounts, the execution of the Transaction Documents and the performance by the Company of its obligations under and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Peoples Financial Services Corp.)

Transaction is Legal and Authorized. The issuance of the Subordinated NotesNotes pursuant to the Indenture, the borrowing of the aggregate of the Subordinated Note AmountAmounts, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

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

Transaction is Legal and Authorized. The Company’s issuance of the Subordinated Notes, the borrowing by Company of the aggregate of the Subordinated Note AmountAmounts, the Company’s execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Smartfinancial Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, pursuant to the Indenture, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Central Pacific Financial Corp)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, pursuant to the Indenture, the borrowing of the aggregate of the Subordinated Note AmountAmounts, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Eastern Virginia Bankshares Inc)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Salisbury Bancorp Inc)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, pursuant to the Indenture, the borrowing of the aggregate of the Purchased Subordinated Note AmountAmounts, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (WashingtonFirst Bankshares, Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, pursuant the Indenture, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Equity Bancshares Inc)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note AmountAmounts, the execution of the Transaction Documents and the compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (First Us Bancshares, Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note Amount, the execution of the Transaction Documents and the compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (CB Financial Services, Inc.)

Transaction is Legal and Authorized. The issuance of the Subordinated Notes, the borrowing of the aggregate of the Subordinated Note Amount, Amounts the execution of the Transaction Documents and compliance by the Company with all of the provisions of the Transaction Documents are within the corporate and other powers of the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Sterling Bancorp, Inc.)

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