DTC Registration. Upon the request of a holder of a Subordinated Note that is a QIB and provided that the applicable depository eligibility requirements are met, the Company shall use commercially reasonable efforts to cause the Subordinated Notes held by such QIB to be registered in the name of Cede & Co. as nominee of The Depository Trust Company (“DTC”) or a nominee of DTC.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (Security Federal Corp), Subordinated Note Purchase Agreement (Security Federal Corp)
DTC Registration. Upon the request of a holder of a Subordinated Note that is a QIB and provided that the applicable depository eligibility requirements are metQIB, the Company shall use commercially reasonable efforts to cause the Subordinated Notes held by such QIB to be registered in the name of Cede & Co. as nominee of The Depository Trust Company (“DTC”) DTC or a nominee of DTC. 6.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Bankwell Financial Group, Inc.)
DTC Registration. Upon the request of a holder of a Subordinated Note that is a QIB and provided that the applicable depository eligibility requirements are metQIB, the Company shall use commercially reasonable efforts to cause the Subordinated Notes held by such QIB to be registered in the name of Cede & Co. as nominee of The Depository Trust Company (“DTC”) DTC or a nominee of DTC.
Appears in 1 contract
Samples: Form of Subordinated Note Purchase Agreement (Five Star Bancorp)
DTC Registration. Upon the request of a holder Holder of a Subordinated Note that is a QIB and provided that the applicable depository eligibility requirements are met, the Company shall will use commercially reasonable efforts to cause the Subordinated Notes held by such QIB to be registered in the name of Cede & Co. as nominee of The Depository Trust Company (“DTC”) or a nominee of DTC.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Investar Holding Corp)
