Common use of Company Debt Clause in Contracts

Company Debt. Parent will execute and deliver, or cause to be executed and delivered, by or on behalf of Holdco, at or prior to the Effective Time, any supplements, amendments or other instruments required for the due assumption of Company’s outstanding fixed and floating rate Junior Subordinated Debentures due 2034, 2035 and 2068 and 7.125% Subordinated Debentures due 2042 (collectively, the “Company Debentures”) and (to the extent informed of such requirement by the Company) other agreements to the extent required by the terms of the Company Debentures.

Appears in 2 contracts

Samples: Merger Agreement (Canadian Imperial Bank of Commerce /Can/), Merger Agreement (Privatebancorp, Inc)

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Company Debt. Parent will execute and deliver, or cause to be executed and delivered, by or on behalf of the Holdco, at or prior to the Effective Time, any supplements, amendments or other instruments required for the due assumption of Company’s outstanding fixed and floating rate Junior Subordinated Debentures due 2034, 2035 and 2068 and 7.1255.25% Subordinated Debentures due 2042 Senior Notes Due September 2020 (collectively, the “Company DebenturesSenior Notes) ), and (to the extent informed of such requirement by the Company) other agreements to the extent required by the terms of the Company DebenturesSenior Notes.

Appears in 2 contracts

Samples: Merger Agreement (City National Corp), Merger Agreement (Royal Bank of Canada)

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