Common use of Unsecured Facility Clause in Contracts

Unsecured Facility. The obligations of Borrower to Lender under the Subordinated Note shall be unsecured.

Appears in 5 contracts

Samples: Subordinated Note Purchase Agreement (Enterprise Bancorp Inc /Ma/), Subordinated Note Purchase Agreement (People's United Financial, Inc.), Subordinated Note Purchase Agreement (Sterling Bancshares Inc)

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Unsecured Facility. The obligations of Borrower to Lender under the Subordinated Note Debenture shall be unsecured.

Appears in 3 contracts

Samples: Subordinated Debenture Purchase Agreement (Independent Bank Corp), Subordinated Debenture Purchase Agreement (Ucbh Holdings Inc), Subordinated Debenture Purchase Agreement (Park National Corp /Oh/)

Unsecured Facility. The obligations of Borrower to Lender Lenders under the Subordinated Note Notes shall be unsecured.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (First Business Financial Services, Inc.), Subordinated Note Purchase Agreement (Vantagesouth Bancshares, Inc.)

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Unsecured Facility. The obligations of Borrower to Lender Lenders under the Subordinated Note Notes shall be unsecured.. 2.5

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement

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