Common use of Covenants of Agent Clause in Contracts

Covenants of Agent. ▇▇▇▇ hereby covenants with the Company and the Bank as follows: (a) During the period when the Prospectus is used, ▇▇▇▇ will comply, in all material respects and at its own expense, with all requirements imposed upon it by the OTS and, to the extent applicable, by the 1933 Act and the rules and regulations promulgated thereunder. (b) ▇▇▇▇ will distribute any Prospectus or offering materials in connection with the offering and sale of the Common Stock only in accordance with the Conversion Regulations and the requirements of the 1933 Act and 1934 Act and the rules and regulations promulgated thereunder; and (c) ▇▇▇▇ shall perform the calculations process in connection with the allocation of shares in the event of an over- subscription.

Appears in 1 contract

Sources: Agency Agreement (Hemlock Federal Financial Corp)

Covenants of Agent. ▇▇▇▇ hereby covenants with the Company and the Bank as follows: (a) During the period when the Prospectus is used, ▇▇▇▇ will comply, in all material respects and at its own expense, with all requirements imposed upon it by the OTS and, to the extent applicable, by the 1933 Act and the rules and regulations promulgated thereunder. (b) ▇▇▇▇ will distribute any Prospectus or offering materials in connection with the offering and sale of the Common Stock only in accordance with the Conversion Regulations and the requirements of the 1933 Act and 1934 Act and the rules and regulations promulgated thereunder; and (c) ▇▇▇▇ shall perform the calculations process in connection with the allocation of shares in the event of an over- over-subscription.

Appears in 1 contract

Sources: Agency Agreement (Willow Grove Bancorp Inc)