Clearing and Settlement. The Company and the Trust will cooperate with the Purchaser (or any holder of the Preferred Securities) and use all commercially reasonable efforts to make the Preferred Securities eligible for clearance and settlement as book-entry securities through the facilities of the Depository Trust Company (“DTC”) and listed for trading through the PORTAL Market (“PORTAL”), and will execute, deliver and comply with all representations made to, and agreements with, DTC and PORTAL. This Section 6.3 will survive delivery of and payment for the Preferred Securities.
Appears in 3 contracts
Samples: Purchase Agreement (Greater Community Bancorp), Purchase Agreement (BNC Bancorp), Purchase Agreement (United Bancorporation of Alabama Inc)
Clearing and Settlement. The Company and the Trust will ------------------------- cooperate with the Purchaser (or any holder of the Preferred Securities) and use all commercially reasonable efforts to make the Preferred Securities eligible for clearance and settlement as book-entry securities through the facilities of the Depository Trust Company (“"DTC”") and listed for trading through the PORTAL Market (“"PORTAL”"), and will execute, deliver and comply with all representations made to, and agreements with, DTC and PORTAL. This Section 6.3 will survive delivery of and payment for the Preferred Securities.
Appears in 2 contracts
Samples: Purchase Agreement (First Litchfield Financial Corp), Purchase Agreement (First Litchfield Financial Corp)
Clearing and Settlement. The Company and the Trust will cooperate with the Purchaser (or any holder of the Preferred Securities) and use all commercially reasonable efforts to make the Preferred Securities eligible for clearance and settlement as book-entry securities through the facilities of the Depository Trust Company (“DTC”) and listed for trading through the PORTAL Market (“PORTAL”), and will execute, deliver and comply with all representations made to, and agreements with, DTC and PORTAL. This Section 6.3 6.10 will survive delivery of and payment for the Preferred Securities.
Appears in 2 contracts
Samples: Placement Agreement (Horizon Bancorp /In/), Preferred Securities Subscription Agreement (Greer Bancshares Inc)
Clearing and Settlement. The Company and the Trust will ----------------------- cooperate with the each Purchaser (or any holder of the Preferred Securities) and use all commercially reasonable efforts to make the Preferred Securities eligible for clearance and settlement as book-entry securities through the facilities of the Depository Trust Company (“"DTC”") and listed for trading through the PORTAL Market (“"PORTAL”"), and will execute, deliver and comply with all representations made to, and agreements with, DTC and PORTAL. This Section ------- 6.3 will survive delivery of and payment for the Preferred Securities.. ---
Appears in 1 contract
Clearing and Settlement. The Company and the Trust will cooperate with the Purchaser (or any holder of the Preferred Securities) and use all commercially reasonable efforts to make the Preferred Securities eligible for clearance and settlement as book-entry securities through the facilities of the Depository Trust Company (“"DTC”") and listed for trading through the PORTAL Market (“"PORTAL”"), and will execute, deliver and comply with all representations made to, and agreements with, DTC and PORTAL. This Section 6.3 will survive delivery of and payment for the Preferred Securities.
Appears in 1 contract
