Ability to Bear Economic Risk of Investment/Loan. It recognizes that an investment in, or a loan made pursuant to the purchase of, the Subordinated Notes involves substantial risk. It has the ability to bear the economic risk of the prospective investment in, or loan made pursuant to the purchase of, the Subordinated Notes, including the ability to hold the Subordinated Notes indefinitely, and further including the ability to bear a complete loss of all of its investment or loan.
Appears in 5 contracts
Samples: Subordinated Note Purchase Agreement (Ameriserv Financial Inc /Pa/), Subordinated Note Purchase Agreement (Western New England Bancorp, Inc.), Subordinated Note Purchase Agreement (Citizens Financial Services Inc)
Ability to Bear Economic Risk of Investment/Loan. It recognizes that an investment in, or a loan made pursuant to the purchase of, the Subordinated Notes Note involves substantial risk. It has the ability to bear the economic risk of the prospective investment in, or loan made pursuant to the purchase of, the Subordinated NotesNote, including the ability to hold the Subordinated Notes Note indefinitely, and further including the ability to bear a complete loss of all of its investment or loan.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (HV Bancorp, Inc.)