Common use of Absolute and Unconditional Obligation of the Company Clause in Contracts

Absolute and Unconditional Obligation of the Company. No provisions of this Subordinated Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal and interest on this Subordinated Note at the times, places and rate, and in the coin or currency, herein prescribed.

Appears in 18 contracts

Samples: Subordinated Note Purchase Agreement (First Western Financial Inc), Subordinated Note Purchase Agreement (Ameriserv Financial Inc /Pa/), Subordinated Note Purchase Agreement (Farmers & Merchants Bancorp Inc)

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Absolute and Unconditional Obligation of the Company. No provisions of this Subordinated Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal and interest on this Subordinated Note at the times, places and rate, and in the coin or currency, herein prescribed. No delay or omission of the Noteholder to exercise any right or remedy accruing upon any Event of Default shall impair such right or remedy or constitute a waiver of any such Event of Default or any acquiescence therein.

Appears in 2 contracts

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

Absolute and Unconditional Obligation of the Company. No provisions of this Subordinated Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal and interest on this Subordinated Note at the times, places and rate, and in the coin or currency, herein prescribed.. 

Appears in 2 contracts

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

Absolute and Unconditional Obligation of the Company. No provisions of this the Subordinated Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal and interest on this Subordinated Note at the times, places and rate, and in the coin or currency, herein prescribed.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Five Star Bancorp), Subordinated Note Purchase Agreement (Guaranty Bancshares Inc /Tx/)

Absolute and Unconditional Obligation of the Company. No provisions provision of this Subordinated Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, and interest on on, this Subordinated Note at the timestime, places place, and rate, and in the coin or currency, as herein prescribed. This Note is a direct obligation of the Company.

Appears in 1 contract

Samples: Bridge Loan Note (Green Planet Bio Engineering Co. Ltd.)

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Absolute and Unconditional Obligation of the Company. No provisions of this Subordinated Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal and interest on this Subordinated Note at the times, places and rate, and in the coin or currency, herein prescribed. 19.

Appears in 1 contract

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

Absolute and Unconditional Obligation of the Company. No provisions of this Subordinated Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal and interest on this Subordinated Note at the times, places and rate, and in the coin or currency, herein prescribed.

Appears in 1 contract

Samples: Note Purchase Agreement

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