Common use of MFN Provision Clause in Contracts

MFN Provision. If the Company, in connection with the Other Private Placements, enters into an agreement that contains terms more favorable to any investor than the terms provided to the Investor under this Agreement, then the Company will modify or revise the terms of this Agreement in order for the transaction contemplated hereby to reflect any more favorable terms provided to any other investor in connection with the Other Private Placements.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Cascade Bancorp), Registration Rights Agreement (Cascade Bancorp), Registration Rights Agreement (Cascade Bancorp)

AutoNDA by SimpleDocs

MFN Provision. If the Company, in connection with the Other Private Placements, enters into an agreement that contains terms more favorable to any investor than the terms provided to the Investor Investors under this Agreement, then the Company will modify or revise the terms of this Agreement in order for the transaction contemplated hereby to reflect any more favorable terms provided to any other investor in connection with the Other Private Placements.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Brown Bernard A), Securities Purchase Agreement (Sun Bancorp Inc /Nj/), Securities Purchase Agreement (Sun Bancorp Inc /Nj/)

MFN Provision. If the Company, in connection with the Other Private Placements, enters into an agreement that contains terms more favorable to any investor than the terms provided to the Investor Investors under this Agreement, then the Company will modify or revise the terms of this Agreement in order for the transaction contemplated hereby to reflect any more favorable terms provided to any other investor in connection with the Other Private PlacementsPlacements or otherwise; provided however, in no event shall the Investors be accorded any Board nominee(s) or Board member appointments.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Sun Bancorp Inc /Nj/), Securities Purchase Agreement (Sun Bancorp Inc /Nj/)

MFN Provision. If the CompanyCompany or any Company Subsidiary, in connection with the Other Private Placements, enters into an agreement that contains terms more favorable to any investor Other Investor than the terms provided to the Investor under this AgreementAgreement or any other Transaction Document, then the Company and the Company Bank will modify or revise the terms of this Agreement or such other Transaction Document in order for the transaction contemplated hereby or thereby to reflect any more favorable terms provided to any other investor Other Investor in connection with the Other Private Placements.

Appears in 1 contract

Samples: Registration Rights Agreement (First Mariner Bancorp)

AutoNDA by SimpleDocs

MFN Provision. If the Company, in connection with the Other Private PlacementsPlacement, enters into an agreement that contains terms more favorable to any investor than the terms provided to the Investor Key Investors under this AgreementAgreement or any Private Placement Document, then at the election of each Key Investor, the Company will modify or revise the terms of this Agreement or any Private Placement Document as it relates to such Key Investor in order for the transaction transactions contemplated hereby to reflect any more favorable terms provided to any other investor in connection with the Other Private PlacementsPlacement.

Appears in 1 contract

Samples: Investment Agreement (TGR Financial, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.