Common use of Debentures Clause in Contracts

Debentures. The Debentures have been duly authorized by the Company and, at the Closing Date, will have been duly executed and delivered to the Indenture Trustee for authentication in accordance with the Indenture, and, when authenticated in the manner provided for in the Indenture and delivered against payment therefor by the Trust, will constitute valid and binding obligations of the Company entitled to the benefits of the Indenture enforceable against the Company in accordance with their terms, subject to Bankruptcy and Equity.

Appears in 46 contracts

Samples: Subscription Agreement (Capstead Mortgage Corp), Subscription Agreement (Capstead Mortgage Corp), Employment Agreement (United Bancshares Inc/Oh)

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Debentures. The Debentures have been duly authorized by the ---------- Company and, at the Closing Date, will have been duly executed and delivered to the Indenture Trustee for authentication in accordance with the Indenture, and, when authenticated in the manner provided for in the Indenture and delivered against payment therefor by the Trust, will constitute valid and binding obligations of the Company entitled to the benefits of the Indenture enforceable against the Company in accordance with their terms, subject to Bankruptcy and Equity.

Appears in 6 contracts

Samples: Subscription Agreement (First Banks, Inc), Subscription Agreement (First Banks, Inc), Master Custodian Agreement (First Banks Inc)

Debentures. The Debentures have been duly authorized by the Company ---------- and, at the Closing Date, will have been duly executed and delivered to the Indenture Trustee for authentication in accordance with the Indenture, and, when authenticated in the manner provided for in the Indenture and delivered against payment therefor by the Trust, will constitute valid and binding obligations of the Company entitled to the benefits of the Indenture enforceable against the Company in accordance with their terms, subject to Bankruptcy and Equity.

Appears in 5 contracts

Samples: Subscription Agreement (Community Capital Bancshares Inc), Subscription Agreement (Community Capital Bancshares Inc), Subscription Agreement (Florida Banks Inc)

Debentures. The Debentures have been duly authorized by the Company and, at the Closing Date, will have been duly executed and delivered to the Indenture Trustee for authentication in accordance with the Indenture, and, when authenticated in the manner provided for in the Indenture and delivered against payment therefor by the Trust, will constitute valid and binding obligations of the Company entitled to the benefits of the Indenture enforceable against the Company in accordance with their terms, subject to Bankruptcy and EquityEquity and will be fully and unconditionally guaranteed by the Guarantor as provided in the Indenture.

Appears in 1 contract

Samples: Placement Agreement (MortgageIT Holdings, Inc.)

Debentures. The Debentures have been duly authorized by the Company and, at on the Closing Date, will have been duly executed and delivered to the Indenture Trustee for authentication in accordance with the Indenture, and, when authenticated in the manner provided for in the Indenture and delivered against payment therefor by the Trust, will constitute valid and binding obligations of the Company entitled to the benefits of the Indenture enforceable against the Company in accordance with their terms, subject to Bankruptcy and Equity.

Appears in 1 contract

Samples: Subscription Agreement (KMG America CORP)

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Debentures. The Debentures have been duly authorized by the Company and, at the Closing Date, will have been duly executed and delivered to the Indenture Trustee for authentication in accordance with the Indenture, and, when authenticated in the manner provided for in the Indenture and delivered against payment therefor by the Trust, will constitute valid and binding obligations of the Company entitled to the benefits of the Indenture enforceable against the Company in accordance with their terms, subject to Bankruptcy and Equity.. Center Bancorp, Inc./Placement Agreement/Floating Rate

Appears in 1 contract

Samples: Placement Agreement (Center Bancorp Inc)

Debentures. The Debentures have been duly authorized by the Company and, at the Closing Date, will have been duly executed and delivered to the Indenture Trustee for authentication in accordance with the Indenture, and, when authenticated in the manner provided for in the Indenture and delivered against payment and delivery of the Spectrum Shares therefor by the Trust, will constitute valid and binding obligations of the Company entitled to the benefits of the Indenture enforceable against the Company in accordance with their terms, subject to Bankruptcy and Equity.

Appears in 1 contract

Samples: Purchase Agreement (Belvedere SoCal)

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