LOSS OF DEPOSITS. No director shall be liable for any loss which may occur by reason of the failure of the bank, trust company, savings and loan association, or other institution with whom moneys or stock have been deposited.
Appears in 5 contracts
Samples: Agreement and Plan of Merger (Varagon Capital Corp.), Registration Rights Agreement (American Realty Capital Hospitality Trust, Inc.), Partnership Unit and Share Purchase Agreement (Strategic Realty Trust, Inc.)
LOSS OF DEPOSITS. No director shall be liable for any loss which may occur by reason of the failure of the bank, trust company, savings and loan association, or other institution with whom moneys or stock shares have been deposited.
Appears in 4 contracts
Samples: And Restated Agreement and Plan of Merger (Medley Capital Corp), Agreement and Plan of Merger (Sierra Income Corp), Employment Agreement (Sierra Income Corp)
LOSS OF DEPOSITS. No director Director shall be liable for any loss which may occur by reason of the failure of the bank, trust company, savings and loan association, or other institution with whom moneys or stock securities have been deposited.
Appears in 3 contracts
Samples: Operating Agreement (KKR Financial Holdings LLC), Operating Agreement (KKR Financial Holdings LLC), Operating Agreement (Ellington Financial LLC)
LOSS OF DEPOSITS. No director Director shall be liable for any loss which may occur by reason of the failure of the bank, trust company, savings and loan association, or other institution with whom moneys or shares of stock have been deposited.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Prison Realty Trust Inc), Securities Purchase Agreement (Prison Realty Trust Inc), Securities Purchase Agreement (Prison Realty Trust Inc)
LOSS OF DEPOSITS. No director shall be liable for any loss which may occur by reason of the failure of the bank, trust company, savings and loan association, or other institution with whom moneys monies or stock have been deposited.
Appears in 2 contracts
Samples: Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.), Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.)
LOSS OF DEPOSITS. No director shall be liable for any loss which may occur by reason of the failure of the bank, trust company, savings and loan association, or other institution with which whom moneys or stock have been deposited.
Appears in 1 contract
Samples: Basic Us Reit Inc
