Cortland Bancorp Undertaking to Furnish Long-Term Debt Instruments to SEC (May 2016)

Summary

Cortland Bancorp, represented by its President and CEO, James M. Gasior, agrees to provide the Securities and Exchange Commission (SEC) with copies of certain long-term debt instruments and agreements upon request. These documents define the rights of holders of the company's and its subsidiaries' long-term debt, which are not included as exhibits in the company's quarterly SEC filing. The agreement clarifies that none of these instruments represent debt exceeding 10% of the company's total consolidated assets.

EX-4.2 2 cldb-ex42_6.htm EX-4.2 cldb-ex42_6.htm

Exhibit 4.2

CORTLAND BANCORP

194 West Main Street

Cortland, OH 44410

May 11, 2016

Securities and Exchange Commission

100 F Street, NE

Washington, D.C. 20549

Re:  Cortland Bancorp Quarterly Report on Form 10-Q for the quarter ended March 31, 2016

Ladies and Gentlemen:

Cortland Bancorp, an Ohio corporation, is today filing a Quarterly Report on Form 10-Q for the quarter ended March 31, 2016 (the "Form 10-Q"), as executed on May 11, 2016.

Pursuant to the instructions relating to the Exhibits in Item 601(b)(4)(iii) of Regulation S-K, Cortland Bancorp hereby agrees to furnish the Commission, upon request, copies of instruments and agreements defining the rights of holders of its long-term debt and of the long-term debt of its consolidated subsidiaries, which are not being filed as exhibits to the Form 10-Q.  No such instrument or agreement represents long-term debt exceeding 10% of the total assets of Cortland Bancorp and its subsidiaries on a consolidated basis.

Very truly yours,

 

/s/ James M. Gasior

James M. Gasior

President and CEO