Warranty as to the Preferred Stock. The Corporation hereby represents and warrants that shares of the Preferred Stock, when issued, will be duly authorized, validly issued, fully paid and nonassessable. Such representation and warranty shall survive the deposit of shares of the Preferred Stock and the issuance of the related Receipts.
Appears in 8 contracts
Samples: Deposit Agreement (Banc of California, Inc.), Deposit Agreement (Banc of California, Inc.), Deposit Agreement (Pacwest Bancorp)
