Common use of Changes after Provision for Redemption Clause in Contracts

Changes after Provision for Redemption. No vote or consent of the holders of Designated Preferred Stock shall be required pursuant to Section 7(c) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Section, all outstanding shares of the Designated Preferred Stock shall have been redeemed, or shall have been called for redemption upon proper notice and sufficient funds shall have been deposited in trust for such redemption, in each case pursuant to Section 5 above.

Appears in 59 contracts

Samples: Merger Agreement (First Defiance Financial Corp), Securities Purchase Agreement, Securities Purchase Agreement

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Changes after Provision for Redemption. No vote or consent of the holders of Designated Preferred Stock shall be required pursuant to Section 7(c7(d) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Section, all outstanding shares of the Designated Preferred Stock shall have been redeemed, or shall have been called for redemption upon proper notice and sufficient funds shall have been deposited in trust for such redemption, in each case pursuant to Section 5 above.

Appears in 7 contracts

Samples: Assignment and Assumption Agreement (Sunshine Bancorp, Inc.), Securities Purchase Agreement (Simmons First National Corp), Merger Agreement (Center Bancorp Inc)

Changes after Provision for Redemption. No vote or consent of the holders of Designated Series C Preferred Stock shall be required pursuant to Section 7(c7(a), (b) or (c) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Sectionsection, all outstanding shares of the Designated Series C Preferred Stock shall have been redeemed, or shall have notice of redemption has been called for redemption upon proper notice given and sufficient funds shall have been irrevocably deposited in trust for to effect such redemption, in each case pursuant to Section 5 above.

Appears in 4 contracts

Samples: Deposit Agreement (Huntington Bancshares Inc /Md/), Deposit Agreement (Huntington Bancshares Inc /Md/), Merger Agreement (Chemical Financial Corp)

Changes after Provision for Redemption. No vote or consent of the holders of Designated Senior Preferred Stock shall be required pursuant to Section 7(c7(d) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Section, all outstanding shares of the Designated Senior Preferred Stock shall have been redeemed, or shall have been called for redemption upon proper notice and sufficient funds shall have been deposited in trust for such redemption, in each case pursuant to Section 5 above.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Bancplus Corp), Securities Purchase Agreement (Ponce Financial Group, Inc.), Securities Purchase Agreement (Broadway Financial Corp \De\)

Changes after Provision for Redemption. No vote or consent of the holders of Designated Series I Preferred Stock shall be required pursuant to Section 7(c7(a), (b) or (c) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Sectionsection, all outstanding shares of the Designated Series I Preferred Stock shall have been redeemed, or shall have notice of redemption has been called for redemption upon proper notice given and sufficient funds shall have been irrevocably deposited in trust for to effect such redemption, in each case pursuant to Section 5 above.

Appears in 2 contracts

Samples: Deposit Agreement (Huntington Bancshares Inc /Md/), Deposit Agreement (Huntington Bancshares Inc /Md/)

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Changes after Provision for Redemption. No vote or consent of the holders of Designated Series A Preferred Stock shall be required pursuant to Section 7(c6(c) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Section, all outstanding shares of the Designated Series A Preferred Stock shall have been redeemed, or shall have been called for redemption upon proper notice and sufficient funds shall have been deposited in trust set aside for such redemption, in each case pursuant to Section 5 above.

Appears in 2 contracts

Samples: Merger Agreement (Mb Financial Inc /Md), Merger Agreement (Taylor Capital Group Inc)

Changes after Provision for Redemption. No vote or consent of the holders of Designated Preferred Stock shall be required pursuant to Section 7(c8(c) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Section, all outstanding shares of the Designated Preferred Stock shall have been redeemed, or shall have been called for redemption upon proper notice and sufficient funds shall have been deposited in trust for such redemption, in each case pursuant to Section 5 6 above.

Appears in 1 contract

Samples: Investment Agreement (River Valley Bancorp)

Changes after Provision for Redemption. No vote or consent of the holders of Designated Preferred Stock shall be required pursuant to Section 7(c7(d) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Section, all outstanding shares of the Designated Preferred Stock shall have been redeemed, or shall have been called for redemption upon proper notice and sufficient funds shall have been deposited in trust for such redemption, in each case pursuant to Section 5 above.. SBLF Participant No. 0307 A-16

Appears in 1 contract

Samples: Securities Purchase Agreement (Xenith Bankshares, Inc.)

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