Common use of Successor as Company Clause in Contracts

Successor as Company. Upon compliance with this Section 8, the Successor shall succeed to and be substituted for the Company under this Subordinated Note with the same effect as if the Successor had been named as the Company herein, and the Company shall be released from the obligation to pay the principal of and interest accrued on the Subordinated Notes.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (First Western Financial Inc), Subordinated Note Purchase Agreement (First Savings Financial Group Inc)

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Successor as Company. Upon compliance with this Section 89, the Successor shall succeed to and be substituted for the Company under this Subordinated Note with the same effect as if the Successor had been named as the Company herein, and the Company shall be released from the obligation to pay the principal of and interest accrued on the Subordinated NotesNote.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Xenith Bankshares, Inc.), Subordinated Note Purchase Agreement (Eagle Bancorp Montana, Inc.)

Successor as Company. Upon compliance with this Section 814, the Successor shall succeed to and be substituted for the Company under this Subordinated Note with the same effect as if the Successor had been named as the Company herein, and the Company shall be released from the obligation to pay the principal of and interest accrued on the Subordinated NotesNote.

Appears in 1 contract

Samples: Bankwell Financial Group, Inc.

Successor as Company. Upon compliance with this Section 89 (which transactions shall not require the consent of any Holder), the Successor shall succeed to and be substituted for the Company under this Subordinated Note with the same effect as if the Successor had been named as the Company herein, and the Company shall be released from the obligation to pay the principal of and interest accrued on the Subordinated NotesNote.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Tectonic Financial, Inc.)

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Successor as Company. Upon compliance with this Section 819, the Successor shall succeed to and be substituted for the Company under this Subordinated Note with the same effect as if the Successor had been named as the Company herein, and the Company shall be released from the obligation to pay the principal of and interest accrued on the Subordinated NotesNote.

Appears in 1 contract

Samples: Merger Agreement (Heartland Financial Usa Inc)

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