Common use of Loan Matters Clause in Contracts

Loan Matters. (i) All Loans held by the Company or any of its Subsidiaries were made in all material respects for good, valuable and adequate consideration in the ordinary course of the business, in accordance in all material respects with sound banking practices and, to the Knowledge of the Company, the Loans are not subject to any defenses, setoffs or counterclaims, including without limitation any such as are afforded by usury or truth in lending laws, except as may be provided by bankruptcy, insolvency or similar laws or by general principles of equity. The notes or other evidences of indebtedness evidencing such Loans and all forms of pledges, mortgages and other collateral documents and security agreements are, in all material respects, enforceable and valid.

Loan Matters. (i) All Loans held by the Company Purchaser or any of its Subsidiaries were made in all material respects for good, valuable and adequate consideration in the ordinary course of the business, in accordance in all material respects with sound banking practices and, to the Knowledge of the CompanyPurchaser, the Loans are not subject to any defenses, setoffs or counterclaims, including without limitation any such as are afforded by usury or truth in lending laws, except as may be provided by bankruptcy, insolvency or similar laws or by general principles of equity. The notes or other evidences of indebtedness evidencing such Loans and all forms of pledges, mortgages and other collateral documents and security agreements are, in all material respects, enforceable and valid.

Loan Matters. (i) All Loans held by the Company Purchaser or any of its Subsidiaries were made in all material respects for good, valuable and adequate consideration in the ordinary course of the business, in accordance in all material respects with sound banking practices and, to the Knowledge of the CompanyPurchaser, the Loans are not subject to any defenses, setoffs or counterclaims, including without limitation any such as are afforded by usury or truth in lending laws, except as may be provided by bankruptcy, insolvency or similar laws or by general principles of equity. The notes or other evidences of indebtedness evidencing such Loans and all forms of pledges, mortgages and other collateral documents and security agreements are, in all material respects, enforceable and valid.

Loan Matters. (i) All Loans held by the Company or any of its Subsidiaries were made in all material respects for good, valuable and adequate consideration in the ordinary course of the business, in accordance in all material respects with sound banking practices practices, and, to the Knowledge of the Company, the Loans are not subject to any defenses, setoffs or counterclaims, including without limitation any such as are afforded by usury or truth in lending laws, except as may be provided by bankruptcy, insolvency or similar laws or by general principles of equity. The notes or other evidences of indebtedness evidencing such Loans and all forms of pledges, mortgages and other collateral documents and security agreements are, in all material respects, enforceable enforceable, valid, true and validgenuine and what they purport to be.

Loan Matters. (i) All Loans loans held by the Company or any of its Subsidiaries or any Subsidiary were made in all material respects for good, valuable and adequate consideration in the ordinary course of the business, in accordance in all material respects with sound banking practices practices, and, to the Knowledge of the Company, the Loans are not subject to any defenses, setoffs or counterclaims, including without limitation any such as are afforded by usury or truth in lending laws, except as may be provided by bankruptcy, insolvency or similar laws or by general principles of equity. The notes or other evidences of indebtedness evidencing such Loans loans and all forms of pledges, mortgages and other collateral documents and security agreements are, in all material respects, enforceable enforceable, valid, true and validgenuine and what they purport to be.

Loan Matters. (i) All Loans held by the Company Purchaser or any of its Subsidiaries were made in all material respects for good, valuable and adequate consideration in the ordinary course of the business, in accordance in all material respects with sound banking practices and, to the Knowledge of the CompanyPurchaser, the Loans are not subject to any defenses, setoffs or counterclaims, including without limitation any such as are afforded by usury or truth in lending laws, except as may be provided by bankruptcy, insolvency or similar laws or by general principles of equity. The notes or other evidences of indebtedness evidencing such Loans and all forms of pledges, mortgages and other collateral documents and security agreements are, in all material respects, enforceable and valid, except as maybe provided by bankruptcy, insolvency or similar laws or general principles of equity.

Loan Matters. (i) All Loans held by the Company Bancshares or Cornerstone or any of its their Subsidiaries were made in all material respects for good, valuable valuable, and adequate consideration in the ordinary course of the business, business and in accordance in all material respects with sound banking practices andpractices, to the Knowledge and none of the Company, the such Loans are not subject to any defenses, setoffs setoffs, or counterclaims, including without limitation any of such as are afforded by usury or truth in lending lawsLaws, except except, however, such as may be provided by bankruptcy, insolvency insolvency, or similar laws Laws or by general principles of equity. The promissory notes or other evidences of indebtedness evidencing such Loans and all forms of pledges, mortgages mortgages, deeds of trust, and other collateral documents and security agreements arerelated thereto are legal, in all material respectsvalid, enforceable binding, and validenforceable.

Loan Matters. (i) All Loans held by the Company SmartFinancial or SmartBank or any of its their Subsidiaries were made in all material respects for good, valuable valuable, and adequate consideration in the ordinary course of the business, business and in accordance in all material respects with sound banking practices andpractices, to the Knowledge and none of the Company, the such Loans are not subject to any defenses, setoffs setoffs, or counterclaims, including without limitation any of such as are afforded by usury or truth in lending lawsLaws, except except, however, such as may be provided by bankruptcy, insolvency insolvency, or similar laws Laws or by general principles of equity. The promissory notes or other evidences of indebtedness evidencing such Loans and all forms of pledges, mortgages mortgages, deeds of trust, and other collateral documents and security agreements arerelated thereto are legal, in all material respectsvalid, enforceable binding, and validenforceable.

Loan Matters. (i) All To the knowledge of Victory Bancorp, all Loans held by the Company Victory Bancorp or any of its Subsidiaries were made in all material respects for good, valuable and adequate consideration in the ordinary course of the business, in accordance in all material respects with sound banking practices and, to the Knowledge knowledge of the CompanyVictory Bancorp, the Loans are not subject to any defenses, setoffs or counterclaims, including without limitation any such as are afforded by usury or truth in lending laws, except as may be provided by bankruptcy, insolvency or similar laws or by general principles of equity. The notes or other evidences of indebtedness evidencing such Loans and all forms of pledges, mortgages and other collateral documents and security agreements are, in all material respects, enforceable and valid.

Loan Matters. (i) All Loans held by the Company or any of its Subsidiaries were made in all material respects for good, valuable and adequate consideration in the ordinary course of the business, in accordance in all material respects with sound banking practices practices, and, to the Knowledge knowledge of the Company, the Loans are not subject to any defenses, setoffs or counterclaims, including without limitation any such as are afforded by usury or truth in lending laws, except as may be provided by bankruptcy, insolvency or similar laws or by general principles of equity. The notes or other evidences of indebtedness evidencing such Loans and all forms of pledges, mortgages and other collateral documents and security agreements are, in all material respects, enforceable enforceable, valid, true and validgenuine and what they purport to be.

Loan Matters. (i) All Loans held by the Company or any of its Subsidiaries were made in all material respects for good, valuable and adequate consideration in the ordinary course of the business, in accordance in all material respects with sound banking practices and, to the Knowledge knowledge of the Company, the Loans are not subject to any defenses, setoffs or counterclaims, including without limitation any such as are afforded by usury or truth in lending laws, except as may be provided by bankruptcy, insolvency or similar laws or by general principles of equity. The notes or other evidences of indebtedness evidencing such Loans and all forms of pledges, mortgages and other collateral documents and security agreements are, in all material respects, enforceable and valid.