Common use of Purchase and Public Offering Clause in Contracts

Purchase and Public Offering. On the basis of the representations and warranties herein contained, but subject to the terms and conditions in this Agreement set forth, the Trust agrees to sell to each Underwriter, and each Underwriter, severally and not jointly, agrees to purchase from the Trust, at a price of $25 per Trust Preferred Security, at a place and time hereinafter specified, the number of Trust Preferred Securities set forth in Schedule I opposite the name of such Underwriter, plus any additional Trust Preferred Securities which such Underwriter may become obligated to purchase pursuant to the provisions of Section 9 hereof. The Underwriters agree to make a public offering of their respective Trust Preferred Securities specified in Schedule I hereto at the initial public offering price specified in Schedule II hereto. It is understood that after such initial offering the several Underwriters reserve the right to vary the offering price and further reserve the right to withdraw, cancel or modify such offering without notice.

Purchase and Public Offering. On the basis of the ---------------------------- representations and warranties herein contained, but subject to the terms and conditions in this Agreement set forth, the Trust agrees to sell to each Underwriter, and each Underwriter, severally and not jointly, agrees to purchase from the Trust, at a price of $25 __ per Trust Preferred Security, at a place and time hereinafter specified, the number of Trust Preferred Securities set forth in Schedule I opposite the name of such Underwriter, plus any additional Trust Preferred Securities which such Underwriter may become obligated to purchase pursuant to the provisions of Section 9 hereof. The Underwriters agree to make a public offering of their respective Trust Preferred Securities specified in Schedule I hereto at the initial public offering price specified in Schedule II hereto. It is understood that after such initial offering the several Underwriters reserve the right to vary the offering price and further reserve the right to withdraw, cancel or modify such offering without notice.

Purchase and Public Offering. On the basis of the ---------------------------- representations and warranties herein contained, but subject to the terms and conditions in this Agreement set forth, the Trust agrees to sell to each Underwriter, and each Underwriter, severally and not jointly, agrees to purchase from the Trust, at a price of $25 per Trust Preferred Security, at a place and time hereinafter specified, the number of Trust Preferred Securities set forth in Schedule I opposite the name of such Underwriter, plus any additional Trust Preferred Securities which such Underwriter may become obligated to purchase pursuant to the provisions of Section 9 hereof. The Underwriters agree to make a public offering of their respective Trust Preferred Securities specified in Schedule I hereto at the initial public offering price specified in Schedule II hereto. It is understood that after such initial offering the several Underwriters reserve the right to vary the offering price and further reserve the right to withdraw, cancel or modify such offering without notice.

Purchase and Public Offering. On the basis of the ---------------------------- representations and warranties herein contained, but subject to the terms and conditions in this Agreement set forth, the Trust agrees to sell to each Underwriter, and each Underwriter, severally and not jointly, agrees to purchase from the Trust, at a price of $25 ______ per Trust Preferred Capital Security, at a place and time hereinafter specified, the number of Trust Preferred Capital Securities set forth in Schedule I opposite the name of such Underwriter, plus any additional Trust Preferred Capital Securities which such Underwriter may become obligated to purchase pursuant to the provisions of Section 9 hereof. The Underwriters agree to make a public offering of their respective Trust Preferred Capital Securities specified in Schedule I hereto at the initial public offering price specified in Schedule II hereto. It is understood that after such initial offering the several Underwriters reserve the right to vary the offering price and further reserve the right to withdraw, cancel or modify such offering without notice.