Examples of Subordinated Note Purchase Agreements in a sentence
The Purchasers, severally and not jointly, each agree to purchase the Subordinated Notes from the Company in an amount equal to such Purchaser’s Subordinated Note Amount from the Company on the Closing Date in accordance with the terms of, and subject to the conditions set forth in, this Agreement, the Subordinated Note Purchase Agreements and the Subordinated Notes.
Subordinated Debt The Company issued long-term private placement subordinated fixed-to-floating rate debt (“Notes”) for $15 million in October 2019 to multiple investors in the form of Subordinated Note Purchase Agreements Subject to limited exceptions permitting earlier redemption, the Notes may be redeemed on or after October 24, 2024.
All references to this Agreement, the Subordinated Note Purchase Agreements, the Paying Agent Agreement and the Subordinated Notes shall be deemed to be to such documents as amended, modified or restated from time to time.