Opus Bank definition
Examples of Opus Bank in a sentence
Except as set forth in SEC Reports and for piggy-back registration rights granted to Opus Bank for the common stock underlying its warrants, no Person has any right to cause the Company or any Subsidiary to effect the registration under the Securities Act of any securities of the Company or any Subsidiary.
Borrower shall have delivered to Lender payoff letters in form and substance satisfactory to Lender from each of California United Bank and Opus Bank.
Fax: (▇▇▇) ▇▇▇-▇▇▇▇ Opus Bank ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 12th Floor Irvine, CA 92612 Attention: ▇▇▇▇▇▇ ▇.
Notwithstanding anything herein to the contrary, nothing contained in this Agreement shall affect, limit or impair the rights and remedies of Opus Bank, any of its Affiliates or any other lender in their capacity as lenders to the Company or any of its Affiliates pursuant to any agreement under which the Company or such Affiliate has borrowed money.
The Portfolio Companies include Opus Bank, a California state nonmember bank, and AloStar Bank of Commerce, an Alabama state nonmember bank (each, a “US Portfolio Bank”).
The Acquired Companies, in the aggregate, are deemed to own less than 15.5% of any class of voting securities of Opus Bank that is issued and outstanding and less than 24.99% of any class of voting securities of AloStar Bank of Commerce that is issued and outstanding for purposes of the Bank Holding Company Act of 1956 (the “BHC Act”).
To the Company’s knowledge following reasonable investigation, the financial statements of Opus Bank and its subsidiaries included in the Registration Statement, the Pricing Disclosure Package and the Prospectus, together with the related schedules and notes, comply with the requirements of the Securities Act and present fairly in all material respects the financial position and statements of operations, stockholders’ equity and cash flows of Opus Bank and its subsidiaries.
Subject to the terms and conditions of this Agreement, on the date hereof, or as soon thereafter as all conditions precedent to the making thereof have been met, Lender hereby agrees to make a loan to Borrower in the principal amount of $18,000,000 (the “Term Loan”) which shall be used to refinance all indebtedness owing from Borrower to Opus Bank and for general working capital.
Notify us by calling 855-OPUS-BANK, 8:00 a.m. to 7:00 p.m. PST Monday through Friday, or write Opus Bank, P.O. Box 6630 Redondo Beach, CA 90277, Attn: Opus Bank.
The function of this appraisal is for use by Client and Opus Bank, for loan underwriting.