Cortland Bancorp Undertaking to Furnish Long-Term Debt Instruments to SEC (May 13, 2015)

Summary

Cortland Bancorp, through its President and CEO, agrees to provide the Securities and Exchange Commission 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 because none exceed 10% of the company's total consolidated assets. This letter serves as a formal undertaking in compliance with SEC regulations.

EX-4.2 2 cldb-ex42_201503317.htm EX-4.2

Exhibit 4.2

CORTLAND BANCORP

194 West Main Street

Cortland, OH 44410

 

May 13, 2015

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, 2015

Ladies and Gentlemen:

Cortland Bancorp, an Ohio corporation, is today filing a Quarterly Report on Form 10-Q for the quarter ended March 31, 2015 (the "Form 10-Q"), as executed on May 13, 2015.

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