Debt and Stock Redemption. 3. (a) Monarch shall not, directly or indirectly, incur, increase, or guarantee any debt without the prior written approval of the Reserve Bank. All requests for prior written approval shall contain, but not be limited to, a statement regarding the purpose of the debt, the terms of the debt, and the planned source(s) for debt repayment, and an analysis of the cash flow resources available to meet such debt repayment.
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Samples: Monarch Community Bancorp Inc, www.federalreserve.gov
Debt and Stock Redemption. 3. (a) Monarch Persons shall not, directly or indirectly, incur, increase, or guarantee any debt without the prior written approval of the Reserve BankBank and the Commissioner. All requests for prior written approval shall contain, but not be limited to, a statement regarding the purpose purpose[PageBreak] of the debt, the terms of the debt, and the planned source(s) for debt repayment, and an analysis of the cash flow resources available to meet such debt repayment.
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Samples: www.federalreserve.gov, www.federalreserve.gov
Debt and Stock Redemption. 3. (a) Monarch The Companies and Trust I shall not, directly or indirectly, incur, increase, or guarantee any debt without the prior written approval of the Reserve Bank. All requests for prior written approval shall contain, but not be limited to, a statement regarding the purpose of the debt, the terms of the debt, and the planned source(s) for debt repayment, and an analysis of the cash flow resources available to meet such debt repayment.
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Samples: www.federalreserve.gov
Debt and Stock Redemption. 3. (a) Monarch Xxxxxxxxx shall not, directly or indirectly, incur, increase, or guarantee any debt without the prior written approval of the Reserve Bank. All requests for prior written approval shall contain, but not be limited to, a statement regarding the purpose of the debt, the terms of the debt, and the planned source(s) for debt repayment, and an analysis of the cash flow resources available to meet such debt repayment.
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Samples: www.federalreserve.gov
Debt and Stock Redemption. 3. (a3.(a) Monarch 1st Financial shall not, directly or indirectly, incur, increase, or guarantee any debt without the prior written approval of the Reserve Bank. All requests for prior written approval shall contain, but not be limited to, a statement regarding the purpose of the debt, the terms of the debt, and the planned source(s) for debt repayment, and an analysis of the cash flow resources available to meet such debt repayment.
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Samples: 1st Financial Services CORP