Due Organization; Power and Authority. The Purchaser is duly organized and has all requisite power and authority to execute and deliver this Agreement and to consummate the transactions contemplated by this Agreement.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Broadway Financial Corp \De\), Securities Purchase Agreement, Securities Purchase Agreement
Due Organization; Power and Authority. The Purchaser is duly organized and has all requisite power and authority to execute and deliver this Agreement and to consummate the transactions contemplated by the Agreement and this Joinder Agreement. The Purchaser is a Mission Aligned Nonprofit Affiliate (subject to confirmation by Treasury as contemplated by the Policy).
Appears in 3 contracts
Sources: Ecip Securities Purchase Option Agreement (PCB Bancorp), Ecip Securities Purchase Option Agreement (Security Federal Corp), Ecip Securities Purchase Option Agreement (Ponce Financial Group, Inc.)
Due Organization; Power and Authority. The Purchaser is duly organized and has all requisite power and authority to execute and deliver this Agreement and to consummate the transactions contemplated by the Agreement and this Joinder Agreement.
Appears in 3 contracts
Sources: Ecip Securities Purchase Option Agreement (PCB Bancorp), Ecip Securities Purchase Option Agreement (Security Federal Corp), Ecip Securities Purchase Option Agreement (Ponce Financial Group, Inc.)