Dividends, Redemptions and Other Payments. Declare or pay any dividends if an Event of Default has occurred and is continuing under this Agreement or the payment of a dividend would create an Event of Default. The payment of any dividend shall in all respects comply with the Rules and Regulations of the Federal Reserve Board.
Appears in 4 contracts
Samples: Loan Agreement (Vineyard National Bancorp), Loan Agreement (Heritage Financial Holding), Loan Agreement (Peoples Bancorp Inc)