TRISTATE CAPITAL HOLDINGS, INC. : entering into a material definitive agreement, creating a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant, financial statements and exhibits (Form 8-K)
Item 1.01 Conclusion of a Material Definitive Agreement.
The ticket contains usual restrictive covenants, positive and negative. Covenants include the timely delivery of quarterly and annual financial statements and the continued existence of the business. Negative covenants include limitations on dividends and distributions at any time when the Company or its banking subsidiary is not “well capitalized”, as well as mergers and sales of substantially all assets.
The note includes customary events of default, including events of default relating to non-payment of principal or interest when due, breach of covenants, cross-default on other debts principal of which is due at least
Item 2.03 Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.
The information presented in section 1.01 of this current report on Form 8-K is incorporated by reference herein.
Article 9.01. Financial statements and supporting documents.
Exhibit No. Description 1.1 Unsecured Fixed-to-Floating Rate Note due December 15, 2024 .
104 Interactive cover page data file (integrated into the online XBRL document).
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