Compliance with CDCI SPA and CDCI Exchange Agreement. The Company is in compliance in all respects with the provisions of the CDCI SPA and the related documents entered into in connection therewith, including the dividend restrictions found in Section 4.2(b) of the CDCI SPA, Section 4.2(b) of the CDCI Exchange Agreement and Section 3(c) of Schedule A of that certain Certificate of Designations of the CDCI Securities and the executive compensation rules found in Section 4.1(e) of the CDCI SPA and Section 4.1(e) of the CDCI Exchange Agreement.
Appears in 4 contracts
Samples: Securities Purchase Agreement, Securities Purchase Agreement (First Bancshares Inc /MS/), Securities Purchase Agreement
Compliance with CDCI SPA and CDCI Exchange Agreement. The Company is in compliance in all respects with with, or has taken all action necessary to cure any instance of non-compliance with, the provisions of the CDCI SPA SPA, the CDCI Exchange Agreement and the related documents entered into in connection therewith, including the dividend restrictions found in Section 4.2(b) of the CDCI SPA, Section 4.2(b) of the CDCI Exchange Agreement and Section 3(c) of Schedule A of that certain Certificate certificate of Designations designations of the CDCI Securities and the executive compensation rules found in Section 4.1(e) of the CDCI SPA and Section 4.1(e) of the CDCI Exchange Agreement.
Appears in 1 contract
Samples: Securities Purchase Agreement