Common use of Restrictions on Issuance of Shares Clause in Contracts

Restrictions on Issuance of Shares. If at any time the Board of Directors of the Company shall determine, in its discretion, that listing, registration or qualification of the Common Stock covered by the Warrants upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the Warrants, the Warrants may not be exercised in whole or in part unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Board of Directors.

Restrictions on Issuance of Shares. If at any time the Board of Directors of the Company Bank shall determine, in its discretion, that listing, registration or qualification of the Common Stock covered by the Warrants upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the Warrants, the Warrants may not be exercised in whole or in part unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Board of Directors.

Restrictions on Issuance of Shares. If at any time the Board of ---------------------------------- Directors of or the Company Committee shall determine, in its discretion, that listing, registration or qualification of the Common Stock Shares covered by the Warrants Option upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the WarrantsOption, the Warrants shares acquired upon exercise of this Option may not be exercised sold in whole or in part unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Board of DirectorsDirectors or the Committee.

Restrictions on Issuance of Shares. If at any time the Board of ---------------------------------- Directors of the Company shall determine, determine in its discretion, that listing, registration or qualification of the Common Stock shares covered by the Warrants option upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the Warrantsoption, the Warrants option may not be exercised in whole or in part unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Board of DirectorsDirectors of the Company.

Restrictions on Issuance of Shares. If at any time the Board of Directors of the Company shall determine, in its discretion, that listing, registration or qualification of the Common Stock covered by the Warrants upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the Warrants, the Warrants may not be exercised in whole or in part unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Board of Directors.. Form Warrant Agreement (Type I)

Restrictions on Issuance of Shares. If at any time the Board of ---------------------------------- Directors of the Company shall determine, determine in its discretion, that listing, registration or qualification of the Common Stock shares covered by the Warrants options upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the Warrantsoption, the Warrants options may not be exercised in whole or in part unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Board of DirectorsDirectors of the Company.

Restrictions on Issuance of Shares. If at any time the Board of Directors of or the Company Committee shall determine, in its discretion, that listing, registration or qualification of the Common Stock Shares covered by the Warrants Option upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the WarrantsOption, the Warrants shares acquired upon exercise of this Option may not be exercised sold in whole or in part unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Board of DirectorsDirectors or the Committee.