Common use of Minimum Gross Proceeds Clause in Contracts

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with the Closing) gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement), at a price per share equal to the Purchase Price, in an aggregate amount of not less than $75,000,000.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Origin Bancorp, Inc.), Securities Purchase Agreement (Origin Bancorp, Inc.), Securities Purchase Agreement (Origin Bancorp, Inc.)

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Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement sale of Shares of at least $125,000,000 pursuant to this Agreement (including, without limitationfor the avoidance of doubt, the sale sales of the Shares to the Purchaser pursuant to this AgreementAdditional Purchasers), at a price per share equal to the Purchase Price, in an aggregate amount of not less than $75,000,000.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Republic First Bancorp Inc), Securities Purchase Agreement (Republic First Bancorp Inc)

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement)of at least $6,197,500, at a price per share equal to the Purchase Price, in and shall simultaneously issue and deliver at the Closing to the Purchasers hereunder an aggregate amount number of not less than $75,000,000Shares equal to such gross proceeds divided by the Purchase Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bankwell Financial Group, Inc.)

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement)of at least $33,850,000, at a price per share equal to the Purchase Price, in and shall simultaneously issue and deliver at the Closing to the Purchasers hereunder an aggregate amount number of not less than $75,000,000Shares equal to such gross proceeds divided by the Purchase Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (First Bancorp /Nc/)

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement)of at least $6.0 million, at a price per share equal to the Purchase Price, in and shall simultaneously issue and deliver at the Closing to the Purchasers hereunder an aggregate amount number of not less than $75,000,000Shares equal to such gross proceeds divided by the Purchase Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (MidWestOne Financial Group, Inc.)

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Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement), of at least $10,000,000 at a price per share equal to the Purchase Price, in and shall simultaneously issue and deliver at the Closing to the Purchasers hereunder an aggregate amount number of not less than $75,000,000Shares equal to such gross proceeds divided by the Purchase Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (Castle Creek Capital Partners VI, LP)

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with the Closing) aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Preferred Shares to the Purchaser pursuant to this Agreement), at a price per share equal to the Purchase Price, in an aggregate amount all Purchasers of not less than $75,000,00055 million.

Appears in 1 contract

Samples: Securities Purchase Agreement (Newbridge Bancorp)

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement)of at least $12.7 million, at a price per share equal to the Purchase Price, in and shall simultaneously issue and deliver at the Closing to the Purchasers hereunder an aggregate amount number of not less than $75,000,000Shares equal to such gross proceeds divided by the Purchase Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (F&m Bank Corp)

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