Common use of Characterization of Letter Agreement Clause in Contracts

Characterization of Letter Agreement. The Investor and the Credit Union hereby agree that the Letter Agreement shall constitute a “secondary capital account contract agreement” as contemplated by Section 701.34(b)(10) of the NCUA Regulations.

Appears in 36 contracts

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

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Characterization of Letter Agreement. The Investor and the Credit Union hereby agree that the Letter Agreement shall constitute a “secondary capital account contract agreement” as contemplated by Section 701.34(b)(10702.414(a)(10) (or any successor provision) of the NCUA Regulations.

Appears in 2 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement

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Characterization of Letter Agreement. The Investor and the Credit Union hereby agree that the Letter Agreement shall constitute a “secondary capital account contract agreement” as contemplated by Section 701.34(b)(10702.414(a)(10) (or any successor provision) of the NCUA Regulations.Regulations.‌‌

Appears in 1 contract

Samples: Securities Purchase Agreement

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