Common use of Organization Matters of Company and Its Subsidiaries Clause in Contracts

Organization Matters of Company and Its Subsidiaries. 4.1.1.1 Company is validly existing and in good standing under the laws of the State of Wisconsin and has all requisite corporate power and authority to conduct its business and activities as presently conducted, to own its properties, and to perform its obligations under the Transaction Documents. Company is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure so to qualify or to be in good standing would not result in a Material Adverse Effect on Company.

Appears in 3 contracts

Samples: Subordinated Note Purchase Agreement (County Bancorp, Inc.), Form of Subordinated Note Purchase Agreement (County Bancorp, Inc.), Form of Subordinated Note Purchase Agreement (County Bancorp, Inc.)

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Organization Matters of Company and Its Subsidiaries. 4.1.1.1 Company is validly existing and in good standing under the laws of the State of Wisconsin Minnesota and has all requisite corporate power and authority to conduct its business and activities as presently conducted, to own its properties, and to perform its obligations under the Transaction Documents. Company is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure so to qualify or to be in good standing would not result in a Material Adverse Effect on Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Bridgewater Bancshares Inc)

Organization Matters of Company and Its Subsidiaries. 4.1.1.1 Company is validly existing and in good standing under the laws of the State of Wisconsin Michigan and has all requisite corporate power and authority to conduct its business and activities as presently conducted, to own its properties, and to perform its obligations under the Transaction Documents. Company is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure so to qualify or to be in good standing would not result in a Material Adverse Effect on CompanyEffect.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Sterling Bancorp, Inc.)

Organization Matters of Company and Its Subsidiaries. 4.1.1.1 Company is validly existing and in good standing under the laws of the State of Wisconsin Ohio and has all requisite corporate power and authority to conduct its business and activities as presently conducted, to own its properties, and to perform its obligations under the Transaction Documents. Company is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure so to qualify or to be in good standing would not result in a Material Adverse Effect on Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Civista Bancshares, Inc.)

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Organization Matters of Company and Its Subsidiaries. 4.1.1.1 Company is validly existing and in good standing under the laws of the State of Wisconsin Ohio and has all requisite corporate power and authority to conduct its business and activities as presently conducted, to own its propertiesProperty, and to perform its obligations under the Transaction Documents. Company is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property Property or the conduct of business, except where the failure so to qualify or to be in good standing would not result in a Material Adverse Effect on CompanyEffect.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Farmers & Merchants Bancorp Inc)

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