Common use of No Burdensome Agreements Clause in Contracts

No Burdensome Agreements. None of Borrower or any Subsidiary is a party to any agreement, instrument or undertaking or subject to any other restriction (a) which presently has a material adverse affect upon the property, financial condition or business operations of Borrower or any Subsidiary, or (b) under or pursuant to which Borrower or any Subsidiary is or will be required to place (or under which any other Person may place) a lien upon any of its properties securing indebtedness either upon demand or upon the happening of a condition, with or without such demand.

Appears in 6 contracts

Samples: Loan Agreement (National Penn Bancshares Inc), Subordinated Debenture (Ucbh Holdings Inc), Subordinated Note Purchase Agreement (Sterling Bancshares Inc)

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No Burdensome Agreements. None of Borrower or any Subsidiary is a party to any agreement, instrument or undertaking or subject to any other restriction (a) which presently has that could reasonably be expected to have a material adverse affect upon the property, financial condition or business operations of Borrower or any SubsidiaryMaterial Adverse Effect, or (b) under or pursuant to which Borrower or any Subsidiary is or will be required to place (or under which any other Person may place) a lien (other than Permitted Liens) upon any of its properties securing indebtedness Indebtedness either upon demand or upon the happening of a condition, with or without such demand.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (German American Bancorp, Inc.), Loan Agreement (Mainsource Financial Group)

No Burdensome Agreements. None of Neither Borrower or nor any Subsidiary or Affiliate is a party to any agreement, instrument or undertaking or subject to any other restriction restriction, (ai) which presently has a material adverse affect upon the property, financial condition or business operations of Borrower or any SubsidiaryMaterial Adverse Effect, or (bii) under or pursuant to which Borrower or any Subsidiary or Affiliate is or will be required to place (or under which any other Person person may place) a lien Lien upon any of its properties securing indebtedness either upon demand or upon the happening of a condition, with or without such demand.

Appears in 3 contracts

Samples: Loan Agreement (Taylor Capital Group Inc), Loan Agreement (Taylor Capital Group Inc), Loan Agreement (Taylor Capital Group Inc)

No Burdensome Agreements. None of Borrower or any Subsidiary is a party to any agreement, instrument or undertaking or subject to any other restriction (a) which presently has that could reasonably be expected to have a material adverse affect upon the property, financial condition or business operations of Borrower or any SubsidiaryMaterial Adverse Effect, or (b) under or pursuant to which Borrower or any Subsidiary is or will be required to place (or under which any other Person may place) a lien (other than Permitted Liens) upon any of its properties securing indebtedness either upon demand or upon the happening of a condition, with or without such demand.

Appears in 3 contracts

Samples: Loan Agreement (Pinnacle Financial Partners Inc), Loan Agreement (Pinnacle Financial Partners Inc), Loan Agreement (Pinnacle Financial Partners Inc)

No Burdensome Agreements. None of Borrower Borrower, Bank or any other Subsidiary is a party to any agreement, instrument or undertaking or subject to any other restriction (a) which presently currently has a material adverse affect upon the propertyMaterial Adverse Effect on Borrower, financial condition or business operations of Borrower Bank or any other Subsidiary, or (b) under or pursuant to which Borrower Borrower, Bank or any other Subsidiary is or will be required to place (or under which any other Person may place) a lien upon any of its material properties securing indebtedness Indebtedness either upon demand or upon the happening of a condition, with or without such demand.

Appears in 2 contracts

Samples: Senior Note Purchase Agreement (Luther Burbank Corp), Subordinated Note Purchase Agreement (Vantagesouth Bancshares, Inc.)

No Burdensome Agreements. None of Borrower Borrower, Parent or any Subsidiary is a party to any agreement, instrument or undertaking or subject to any other restriction (a) which presently currently has a material adverse affect upon the propertyMaterial Adverse Effect on Borrower, financial condition or business operations of Borrower Parent or any Subsidiary, or (b) under or pursuant to which Borrower Borrower, Parent or any Subsidiary is or will be required to place (or under which any other Person may place) a lien upon any of its material properties securing indebtedness Indebtedness either upon demand or upon the happening of a condition, with or without such demand.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (People's United Financial, Inc.), Subordinated Note Purchase Agreement (LSB Corp)

No Burdensome Agreements. None of Borrower or any Material Subsidiary is a party to any agreement, instrument or undertaking or subject to any other restriction (a) which presently has a material adverse affect upon the property, financial condition or business operations of Borrower or any Subsidiary, or (b) under or pursuant to which Borrower or any Material Subsidiary is or will be required to place (or under which any other Person may place) a lien (other than Permitted Liens) upon any of its properties Properties securing indebtedness Indebtedness either upon demand or upon the happening of a condition, with or without such demand.

Appears in 2 contracts

Samples: Loan Agreement (First Midwest Bancorp Inc), Loan Agreement (First Midwest Bancorp Inc)

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No Burdensome Agreements. None of Borrower Borrower, Banks or any other Subsidiary is a party to any agreement, instrument or undertaking or subject to any other restriction (a) which presently currently has a material adverse affect upon the propertyMaterial Adverse Effect on Borrower, financial condition or business operations of Borrower Banks or any other Subsidiary, or (b) under or pursuant to which Borrower Borrower, Banks or any other Subsidiary is or will be required to place (or under which any other Person may place) a lien upon any of its material properties securing indebtedness Indebtedness either upon demand or upon the happening of a condition, with or without such demand.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement, Subordinated Note Purchase Agreement (First Business Financial Services, Inc.)

No Burdensome Agreements. None of Borrower, Bank or any Subsidiary of Borrower or any Subsidiary Bank is a party to any agreement, instrument or undertaking or subject to any other restriction (a) which presently currently has a material adverse affect upon the property, financial condition or business operations of Material Adverse Effect on Borrower or any SubsidiaryBank, or (b) under or pursuant to which Borrower Borrower, Bank or any Subsidiary of Borrower or Bank is or will be required to place (or under which any other Person may place) a lien upon any of its material properties securing indebtedness Indebtedness either upon demand or upon the happening of a condition, with or without such demand.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Enterprise Bancorp Inc /Ma/)

No Burdensome Agreements. None of Borrower or any Subsidiary is a party to any written agreement, instrument or undertaking or subject to any other restriction (a) which presently has a material adverse affect effect upon the propertyfinancial condition, financial condition business or business operations of Borrower or any Subsidiary, or (b) under or pursuant to which Borrower or any Subsidiary is or will be required to place (or under which any other Person may place) a lien (other than Permitted Liens) upon any of its properties securing indebtedness either upon demand or upon the happening of a condition, with or without such demand.

Appears in 1 contract

Samples: Loan Agreement (Talmer Bancorp, Inc.)

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