Common use of TRUSTEE; COMMITTEE Clause in Contracts

TRUSTEE; COMMITTEE. The Lender has taken such action as is required to be taken by it to duly appoint the Trustee and the members of the Committee. The Lender expressly acknowledges and agrees that this Loan Agreement, the Promissory Note and the Pledge Agreement are being executed by the Trustee not in its individual capacity but solely as trustee of and on behalf of the Borrower.

Appears in 3 contracts

Samples: Loan Agreement (Warwick Community Bancorp Inc), Loan Agreement (Warwick Community Bancorp Inc), Loan Agreement (Hudson City Bancorp Inc)

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TRUSTEE; COMMITTEE. The Lender has taken such action as is required to be taken by it to duly appoint the Trustee and the members of the CommitteeBoard. The Lender expressly acknowledges and agrees that this Loan Agreement, the Promissory Note and the Pledge Agreement are being executed by the Trustee not in its individual capacity but solely as trustee of and on behalf of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Home Bancorp of Elgin Inc)

TRUSTEE; COMMITTEE. The Lender Bank has taken such action as is required to be taken by it to duly appoint the Trustee and the members of the Committee. The Lender Bank expressly acknowledges and agrees that this Loan Agreement, the Promissory Note and the Pledge Agreement are being executed by the Trustee Trustees not in its their individual capacity but solely as trustee of and on behalf of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (North Central Bancshares Inc)

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TRUSTEE; COMMITTEE. The Lender has taken such action as is required to be taken by it to duly appoint the Trustee and the members of the CommitteeBoard of Directors of the Lender ("Board"). The Lender expressly acknowledges and agrees that this Loan Agreement, the Promissory Note and the Pledge Agreement are being executed by the Trustee not in its individual capacity but solely as trustee of and on behalf of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Big Foot Financial Corp)

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