Status as Collateral. The obligation evidenced by this Note is ineligible as collateral for a loan by the Issuer or any subsidiary of the Issuer.
Appears in 3 contracts
Sources: Subordinated Note Purchase Agreement (Peoples Financial Services Corp.), Subordinated Note Purchase Agreement (Quaint Oak Bancorp Inc), Subordinated Note Purchase Agreement (Village Bank & Trust Financial Corp.)
Status as Collateral. The obligation evidenced by this Subordinated Note is ineligible as collateral for a loan by the Issuer or any subsidiary of the Issuer.
Appears in 1 contract
Sources: Subordinated Note Purchase Agreement (BankGuam Holding Co)