Common use of Insider Loans Clause in Contracts

Insider Loans. The Company has provided a true, correct and complete list of any still outstanding extension of credit in the form of a personal loan made, directly or indirectly, by the Company or any of the Subsidiaries to any director or executive officer of the Company or any of the Subsidiaries, or to any family member or affiliate of any director or executive officer of the Company or any of the Subsidiaries. The Company has not, except as permitted in the Bank’s capacity as a lending institution, directly or indirectly, including through any of the Subsidiaries: (A) extended credit, arranged to extend credit, or renewed any extension of credit, in the form of a personal loan, to or for any director or executive officer of the Company or any of the Subsidiaries, or to or for any family member or affiliate of any director or executive officer of the Company or any of the Subsidiaries; or (B) made any material modification, including any renewal thereof, to any term of any personal loan to any director or executive officer of the Company or any of the Subsidiaries, or any family member or affiliate of any director or executive officer.

Appears in 2 contracts

Samples: Underwriting Agreement (Access National Corp), Underwriting Agreement (Access National Corp)

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Insider Loans. The Company has provided a true, correct and complete list of any still outstanding extension of credit in the form of a personal loan made, directly or indirectly, by the Company or any of the Subsidiaries its subsidiaries to any director or executive officer of the Company or any of the Subsidiariesits subsidiaries, or to any family member or affiliate of any director or executive officer of the Company or any of its subsidiaries; and on or after July 30, 2002, the Subsidiaries. The Company has not, except as permitted in the Bankits bank subsidiary’s capacity as a lending institution, directly or indirectly, including through any of the Subsidiariesits subsidiaries: (A) extended credit, arranged to extend credit, or renewed any extension of credit, in the form of a personal loan, to or for any director or executive officer of the Company or any of the Subsidiariesits subsidiaries, or to or for any family member or affiliate of any director or executive officer of the Company or any of the Subsidiariesits subsidiaries; or (B) made any material modification, including any renewal thereof, to any term of any personal loan to any director or executive officer of the Company or any of the Subsidiariesits subsidiaries, or any family member or affiliate of any director or executive officer, which loan was outstanding on July 30, 2002.

Appears in 1 contract

Samples: Underwriting Agreement (Gateway Financial Holdings Inc)

Insider Loans. The Company has provided a true, correct and complete list of any still outstanding extension of credit in the form of a personal loan made, directly or indirectly, by the Company or any of the Subsidiaries to any director or executive officer of the Company or any of the Subsidiaries, or to any family member or affiliate of any director or executive officer of the Company or any of the Subsidiaries. The Since January 1, 2000, the Company has not, except as permitted in the Bank’s capacity as a lending institution, directly or indirectly, including through any of the Subsidiaries: (A) extended credit, arranged to extend credit, or renewed any extension of credit, in the form of a personal loan, to or for any director or executive officer of the Company or any of the Subsidiaries, or to or for any family member or affiliate of any director or executive officer of the Company or any of the Subsidiaries; or (B) made any material modification, including any renewal thereof, to any term of any personal loan to any director or executive officer of the Company or any of the Subsidiaries, or any family member or affiliate of any director or executive officer.

Appears in 1 contract

Samples: Underwriting Agreement (Eastern Virginia Bankshares Inc)

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Insider Loans. The Company has provided a true, correct and complete list of any still outstanding extension of credit in the form of a personal loan made, directly or indirectly, by the Company or any of the Subsidiaries its subsidiaries to any director or executive officer of the Company or any of the Subsidiariesits subsidiaries, or to any family member or affiliate of any director or executive officer of the Company or any of its subsidiaries; and on or after July 30, 2002, the Subsidiaries. The Company has not, except as permitted in the Bankits bank subsidiary’s capacity as a lending institution, directly or indirectly, including through any of the Subsidiariesits subsidiaries: (A) extended credit, arranged to extend credit, or renewed any extension of credit, in the form of a personal loan, to or for any director or executive officer of the Company or any of the Subsidiariesits subsidiaries, or to or for any family member or affiliate of any director or executive officer of the Company or any of the Subsidiariesits subsidiaries; or (B) made any material modification, including any renewal thereof, to any term of any personal loan to any director or executive officer of the Company or any of the Subsidiariesits subsidiaries, or any family member or affiliate of any director or executive officer, which loan was outstanding on July 30, 2002.

Appears in 1 contract

Samples: Underwriting Agreement (First Midwest Bancorp Inc)

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