Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 10 contracts
Samples: Subordinated Note Purchase Agreement (Peapack Gladstone Financial Corp), Subordinated Note Purchase Agreement (Pathfinder Bancorp, Inc.), Subordinated Note Purchase Agreement (QCR Holdings Inc)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192018, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 8 contracts
Samples: Subordinated Note Purchase Agreement (Meridian Corp), Subordinated Note Purchase Agreement (Bar Harbor Bankshares), Subordinated Note Purchase Agreement (Security Federal Corp)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 5 contracts
Samples: Subordinated Note Purchase Agreement (California BanCorp), Subordinated Note Purchase Agreement (Nicolet Bankshares Inc), Subordinated Note Purchase Agreement (CNB Financial Corp/Pa)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with of which could would reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 3 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)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the CompanyCompany and its Subsidiaries, taken as a whole.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (Summit Financial Group Inc), Subordinated Note Purchase Agreement (Spirit of Texas Bancshares, Inc.)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192021, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company or the Bank the right to accelerate the maturity of any material Indebtedness of the CompanyCompany or the Bank. The Company is and the Bank are not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, except where non-compliance with which could not reasonably be expected to result in a Material Adverse Effect on the CompanyCompany and the Bank, taken as a whole.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (Home Bancorp, Inc.), Subordinated Note Purchase Agreement (Investar Holding Corp)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with of which could would reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (MVB Financial Corp), Subordinated Note Purchase Agreement (Central Pacific Financial Corp)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192023, no event has occurred which either of by itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 2 contracts
Samples: Senior Note Purchase Agreement (Eagle Bancorp Inc), Senior Note Purchase Agreement (Eagle Bancorp Inc)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could except for such defaults that would not reasonably be expected to result result, singularly or in the aggregate, in a Material Adverse Effect on the Company.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (Central Valley Community Bancorp), Subordinated Note Purchase Agreement (Bankwell Financial Group, Inc.)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (MainStreet Bancshares, Inc.), Subordinated Note Purchase Agreement (MainStreet Bancshares, Inc.)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could would reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Coastal Financial Corp)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31June 30, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to except for such defaults as would not result in a Material Adverse Effect on the CompanyEffect.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Greene County Bancorp Inc)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192022, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the CompanyEffect.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Quaint Oak Bancorp Inc)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Citizens Community Bancorp Inc.)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which that either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, except where non-compliance with which could not reasonably be expected to result in a Material Adverse Effect on the CompanyCompany and the Bank, taken as a whole.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (First Internet Bancorp)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192021, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Southern States Bancshares, Inc.)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could would not reasonably be expected to result have, singularly or in the aggregate, a Material Adverse Effect on the CompanyCompany and its Subsidiaries taken as a whole.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (South Plains Financial, Inc.)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192021, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (QCR Holdings Inc)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with except for such defaults which could would not reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (First Bancshares Inc /MS/)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance noncompliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Pinnacle Bankshares Corp)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Southern States Bancshares, Inc.)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which except where such default could not reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Bancfirst Corp /Ok/)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, except where such non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (BankFinancial CORP)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192021, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Citizens Community Bancorp Inc.)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192023, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, except where non-compliance with which could not reasonably be expected to result in a Material Adverse Effect on the CompanyCompany and the Bank, taken as a whole.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (BCB Bancorp Inc)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Neither the Company nor the Bank is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, except where non-compliance with which could not reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Riverview Financial Corp)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could would not reasonably be expected to result have, singularly or in the aggregate, in a Material Adverse Effect on the CompanyCompany and its Subsidiaries taken as a whole.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Enterprise Bancorp Inc /Ma/)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.,
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (River Financial Corp)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Equity Bancshares Inc)
Absence of Default. Since the end of the Company’s last fiscal year quarter ended December 31June 30, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Bay Banks of Virginia Inc)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192022, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Meridian Corp)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192018, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement agreement, or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination determination, or award, non-compliance with which could except for such defaults that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Reliant Bancorp, Inc.)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, except where non-compliance with which could not reasonably be expected to result in a Material Adverse Effect on the CompanyCompany and the Bank, taken as a whole.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (First Us Bancshares, Inc.)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (First Western Financial Inc)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31June 30, 20192021, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to except for such defaults as would not result in a Material Adverse Effect on the CompanyEffect.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Greene County Bancorp Inc)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, except where non-compliance with which could not reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Orange County Bancorp, Inc. /DE/)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31September 30, 20192021, no event has occurred which either of by itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Pathward Financial, Inc.)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192021, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could would reasonably be expected to result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Coastal Financial Corp)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could would reasonably be expected to result in a Material Adverse Effect on the CompanyEffect.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (ISABELLA BANK Corp)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 2019, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to except for such defaults as would not result in a Material Adverse Effect on the Company.Effect. 000-0000-0000/2/AMERICAS
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Capital Bancorp Inc)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192021, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to result in a Material Adverse Effect on the CompanyEffect.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Colony Bankcorp Inc)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could except for such defaults that would not reasonably be expected to result result, singularly or in the aggregate, in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Professional Holding Corp.)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could reasonably be expected to except for such default as would not result in a Material Adverse Effect on the Company.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Old Point Financial Corp)
Absence of Default. Since the end of the Company’s last fiscal year ended December 31, 20192020, no event has occurred which either of itself or with the lapse of time or the giving of notice or both, would give any creditor of the Company the right to accelerate the maturity of any material Indebtedness of the Company. The Company is not in default under any other Lease, agreement or instrument, or any law, rule, regulation, order, writ, injunction, decree, determination or award, non-compliance with which could except for such defaults that would not reasonably be expected to result result, individually or in the aggregate, in a Material Adverse Effect on the CompanyEffect.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Union Bankshares Inc)
