Status as Collateral. The obligation evidenced by this Note is ineligible as collateral for a loan by the Issuer or any subsidiary of the Issuer.
Appears in 3 contracts
Samples: Subordinated Note Purchase Agreement (Peoples Financial Services Corp.), Form of Subordinated Note Purchase Agreement (Quaint Oak Bancorp Inc), Form of Subordinated Note Purchase Agreement (Village Bank & Trust Financial Corp.)
Status as Collateral. The obligation evidenced by this Subordinated Note is ineligible as collateral for a loan by the Issuer or any subsidiary of the Issuer.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (BankGuam Holding Co)