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Capital Securities Guarantee Agreement

 

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Title:

Capital Securities Guarantee Agreement

Entities:

Nara Bancorp, Inc.

Date:

2002

Size:

Preview shows 4KB of 66KB total

Price:

$49

ID:

#825078

 

 

► Financing ► Guarantee ► Securities ► Capital Securities Guarantee Agreements
► Financial ► Regional Banks

 

 

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                     CAPITAL SECURITIES GUARANTEE AGREEMENT


NARA BANCORP, INC.

Dated as of March 28, 2001


=============================================


{PAGE}
TABLE OF CONTENTS

{TABLE}
{CAPTION}
Page
----
{S} {C}
ARTICLE I DEFINITIONS AND INTERPRETATION ..................................................... 1

SECTION 1.1. Definitions and Interpretation ........................................... 1

ARTICLE II TRUST INDENTURE ACT................................................................ 5

SECTION 2.1. Trust Indenture Act; Application ......................................... 5
SECTION 2.2. Lists of Holders of Securities ........................................... 5
SECTION 2.3. Reports by the Capital Securities Guarantee Trustee ...................... 5
SECTION 2.4. Periodic Reports ......................................................... 6
SECTION 2.5. Evidence of Compliance with Conditions Precedent ......................... 6
SECTION 2.6. Waiver of Events of Default .............................................. 6
SECTION 2.7. Notice of Events of Default .............................................. 6
SECTION 2.8. Conflicting Interests .................................................... 7

ARTICLE III POWERS, DUTIES AND RIGHTS OF CAPITAL SECURITIES GUARANTEE TRUSTEE................. 7

SECTION 3.1. Powers and Duties of the Capital Securities Guarantee Trustee ............ 7
SECTION 3.2. Certain Rights of Capital Securities Guarantee Trustee ................... 9
SECTION 3.3. Not Responsible for Recitals or Issuance of Capital Securities
Guarantee................................................................. 11

ARTICLE IV CAPITAL SECURITIES GUARANTEE TRUSTEE............................................... 11

SECTION 4.1. Capital Securities Guarantee Trustee; Eligibility ........................ 11
SECTION 4.2. Appointment, Removal and Resignation of Capital Securities Guarantee
Trustee................................................................... 11

ARTICLE V GUARANTEE........................................................................... 12

SECTION 5.1. Guarantee ................................................................ 12
SECTION 5.2. Waiver of Notice and Demand .............................................. 12
SECTION 5.3. Obligations Not Affected ................................................. 13
SECTION 5.4. Rights of Holders ........................................................ 13
SECTION 5.5. Guarantee of Payment ..................................................... 14
SECTION 5.6. Subrogation............................................................... 14
SECTION 5.7. Independent Obligations .................................................. 14

ARTICLE VI LIMITATION OF TRANSACTIONS; SUBORDINATION.......................................... 14

SECTION 6.1. Limitation of Transactions ............................................... 14
SECTION 6.2. Ranking .................................................................. 15
{/TABLE}


 

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