Common use of Capital Covenant Clause in Contracts

Capital Covenant. From the Signing Date until the date on which all of the Senior Securities have been paid or redeemed in whole, the Company and the Company Subsidiaries shall maintain such capital as may be necessary to meet the minimum capital requirements of the Appropriate Federal Banking Agency, as in effect from time to time.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Live Oak Bancshares, Inc.), Securities Purchase Agreement (Live Oak Bancshares, Inc.), Securities Purchase Agreement

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Capital Covenant. From the Signing Date until the date on which all of the Senior Subordinated Securities have been paid or redeemed in whole, the Company and the Company Subsidiaries shall maintain such capital as may be necessary to meet the minimum capital requirements of the Appropriate Federal Banking Agency, as in effect from time to time.

Appears in 3 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement, Securities Purchase Agreement

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Capital Covenant. From the Signing Date Date, until the date on which all of the Senior Subordinated Securities have been paid or redeemed in whole, the Company Bank and the Company Bank Subsidiaries shall maintain such capital as may be necessary to meet the minimum capital requirements of the Appropriate Federal Banking Agency, as in effect from time to time.

Appears in 1 contract

Samples: Securities Purchase Agreement

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