Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $27.50 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $13.75 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $13.75 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to WTC or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Appears in 2 contracts
Sources: Placement Agreement (Capstead Mortgage Corp), Placement Agreement (Capstead Mortgage Corp)
Placement Agents' Compensation. Because the proceeds from the sale ------------------------------ of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $27.50 30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $13.75 15.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $13.75 15.00 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to WTC the Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Appears in 1 contract
Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $27.50 20.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $13.75 10.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $13.75 10.00 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to WTC the Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Appears in 1 contract
Placement Agents' Compensation. Because the proceeds from the sale ------------------------------ of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $27.50 30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $13.75 15.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $13.75 15.00 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇Keefe, ▇▇▇▇▇▇▇▇ Bruyette & ▇▇▇▇▇Woods, Inc. Such amount shall be delivered to WTC or such ▇▇▇ Tr▇▇▇▇▇ ▇r s▇▇▇ other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Appears in 1 contract
Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $27.50 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $13.75 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $13.75 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to WTC the Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Appears in 1 contract
Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $27.50 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $13.75 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $13.75 for each $1,000.00 of principal amount of Debentures shall be payable to ▇K▇▇▇▇, ▇B▇▇▇▇▇▇▇ & ▇W▇▇▇▇, Inc. Such amount shall be delivered to WTC or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Appears in 1 contract
Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $27.50 30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $13.75 15.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $13.75 15.00 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇Keefe, ▇▇▇▇▇▇▇▇ Bruyette & ▇▇▇▇▇Woods, Inc. Such amount shall be delivered to WTC or the I▇▇▇▇▇ut▇▇▇▇▇ ▇▇ust▇▇ ▇▇ such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Appears in 1 contract
Sources: Placement Agreement (Pxre Group LTD)
Placement Agents' Compensation. Because the proceeds from the sale of sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $27.50 22.50 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $13.75 11.25 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $13.75 11.25 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to WTC the Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Appears in 1 contract
Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $27.50 25.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $13.75 12.50 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $13.75 12.50 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to WTC the Institutional Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Appears in 1 contract
Sources: Placement Agreement (American Safety Insurance Holdings LTD)