Common use of No Dilution Clause in Contracts

No Dilution. Pledgor shall not consent to, approve, or permit to occur any change in the capital structure of the Bank which would result in any dilution of the percentage of stock ownership represented by the Pledged Securities as determined immediately prior to the acquisition of the Pledged Securities by Pledgor.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Bancplus Corp), Amended and Restated Pledge and Security Agreement (Citizens Community Bancorp Inc.), Pledge and Security Agreement (Citizens Community Bancorp Inc.)

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No Dilution. Pledgor shall not consent to, approve, or permit to occur any change in the capital structure of the Bank which would result in any dilution of the percentage of stock ownership represented by the Pledged Securities as determined immediately prior to on the acquisition of the Pledged Securities by Pledgordate hereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (First Citizens Bancshares Inc /Tn/)

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