Common use of Subordination of Debentures Clause in Contracts

Subordination of Debentures. 45 Section 15.1. Agreement to Subordinate............................. 45 Section 15.2. Default on Senior Indebtedness....................... 46 Section 15.3. Liquidation, Dissolution, Bankruptcy................. 46 Section 15.4. Subrogation.......................................... 47 Section 15.5.

Appears in 1 contract

Samples: Indenture (Exchange National Bancshares Inc)

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Subordination of Debentures. 45 51 Section 15.1. Agreement to Subordinate............................. 45 ......................................................... 51 Section 15.2. Default on Senior Indebtedness....................... 46 ................................................... 52 Section 15.3. Liquidation, Dissolution, Bankruptcy................. 46 ............................................. 52 Section 15.4. Subrogation.......................................... 47 Section 15.5....................................................................... 53

Appears in 1 contract

Samples: Indenture (Bancinsurance Corp)

Subordination of Debentures. 45 47 Section 15.1. Agreement to Subordinate............................. 45 ............................... 47 Section 15.2. Default on Senior Indebtedness....................... 46 ......................... 47 Section 15.3. Liquidation, Dissolution, Bankruptcy................. 46 ................... 48 Section 15.4. Subrogation.......................................... 47 ............................................ 49 Section 15.5.

Appears in 1 contract

Samples: Indenture (Sterling Financial Corp /Wa/)

Subordination of Debentures. 45 Section 15.1. Agreement to Subordinate............................. Subordinate ................................. 45 Section 15.2. Default on Senior Indebtedness....................... 46 Indebtedness ........................... 45 Section 15.3. Liquidation, Dissolution, Bankruptcy................. . .................... 46 Section 15.4. Subrogation.......................................... . ............................................. 47 Section 15.5.

Appears in 1 contract

Samples: Indenture (Home Bancshares Inc)

Subordination of Debentures. 45 44 Section 15.1. Agreement to Subordinate............................. 45 ....................................................... 44 Section 15.2. Default on Senior Indebtedness....................... 46 ................................................. 45 Section 15.3. Liquidation, Dissolution, Bankruptcy................. 46 .......................................... 45 Section 15.4. Subrogation.......................................... 47 ................................................................... 46 Section 15.5.

Appears in 1 contract

Samples: Indenture (Eurobancshares Inc)

Subordination of Debentures. 45 44 Section 15.1. Agreement to Subordinate............................. 45 Subordinate ........................................................... 44 Section 15.2. Default on Senior Indebtedness....................... 46 Indebtedness ..................................................... 44 Section 15.3. Liquidation, Dissolution, Bankruptcy................. 46 Bankruptcy ............................................... 45 Section 15.4. Subrogation.......................................... 47 Subrogation ........................................................................ 46 Section 15.5.

Appears in 1 contract

Samples: Indenture (North Bay Bancorp/Ca)

Subordination of Debentures. 45 54 Section 15.1. Agreement to Subordinate............................. 45 .............................................................54 Section 15.2. Default on Senior Indebtedness....................... 46 .......................................................54 Section 15.3. Liquidation, Dissolution, Bankruptcy................. 46 .................................................54 Section 15.4. Subrogation.......................................... 47 ..........................................................................56 Section 15.5.. Trustee to Effectuate Subordination..................................................56 Section 15.6. Notice by the Company................................................................57

Appears in 1 contract

Samples: Indenture (Tower Group, Inc.)

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Subordination of Debentures. 45 Section 15.1. Agreement to Subordinate............................. Subordinate .............................. 45 Section 15.2. Default on Senior Indebtedness....................... Indebtedness ........................ 46 Section 15.3. Liquidation, Dissolution, Bankruptcy................. Bankruptcy .................. 46 Section 15.4. Subrogation.......................................... Subrogation ........................................... 47 Section 15.5.

Appears in 1 contract

Samples: Indenture (First Banctrust Corp)

Subordination of Debentures. 45 Section 15.1. 15.1 Agreement to Subordinate............................. .................................................................45 Section 15.2. 15.2 Default on Senior Indebtedness....................... ...........................................................46 Section 15.3. 15.3 Liquidation, Dissolution, Bankruptcy................. .....................................................46 Section 15.4. 15.4 Subrogation.......................................... 47 Section 15.5...............................................................................47

Appears in 1 contract

Samples: Indenture (Commercial Capital Bancorp Inc)

Subordination of Debentures. 45 Section 15.1. Agreement to Subordinate............................. Subordinate .......................................... 45 Section 15.2. Default on Senior Indebtedness....................... Indebtedness .................................... 46 Section 15.3. Liquidation, Dissolution, Bankruptcy................. . ............................. 46 Section 15.4. Subrogation.......................................... Subrogation ....................................................... 47 Section 15.5.

Appears in 1 contract

Samples: Indenture (Home Bancshares Inc)

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