PURCHASE AND SALE OF CAPITAL SECURITIES Sample Clauses
The "Purchase and Sale of Capital Securities" clause defines the terms under which one party agrees to buy, and the other party agrees to sell, specific equity or debt instruments issued by a company. This clause typically outlines the type and amount of securities involved, the purchase price, and the timing and method of the transaction. By clearly setting out these terms, the clause ensures both parties understand their obligations and helps prevent disputes regarding the transfer of ownership or payment, thereby facilitating a smooth and transparent capital-raising process.
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Agreement, the Purchaser hereby agrees to purchase from the Trust 18,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the “Purchase Price”) and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on September 20, 2006, or such other business day as may be designated by the Purchaser, but in no event later than September 29, 2006 (the “Closing Date”). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.
1.2. The Placement Agreement, dated September 13, 2006 (the “Placement Agreement”), among the Offerors and the placement agents identified therein (the “Placement Agents”) includes certain representations and warranties, covenants and conditions to closing and certain other matters governing the Offering. The Placement Agreement is hereby incorporated by reference into this Agreement and the Purchaser shall be entitled to each of the benefits of the Placement Agents and the Purchaser under the Placement Agreement and shall be entitled to enforce the obligations of the Offerors under such Placement Agreement as fully as if the Purchaser were a party to such Placement Agreement.
1.3. Anything herein or in the Placement Agreement notwithstanding, the Offerors acknowledge and agree that, so long as Purchaser holds some or all of the Capital Securities, the Purchaser may in its discretion from time to time transfer or sell, or sell or grant participation interests in, some or all of such Capital Securities to one or more parties, provided that any such transaction complies, as applicable, with the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”) and any other applicable securities laws, is pursuant to an exemption therefrom, or is otherwise not subject thereto.
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1 Upon the execution of this Agreement, the Purchaser hereby agrees to purchase from the Trust 15,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on May 15, 2003, or such other business day as may be designated by the Purchaser, but in no event later than May 22, 2003 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.
1.2 The certificate for the Capital Securities shall be delivered by the Trust on the Closing Date to the Purchaser or its designee.
1.3 The Placement Agreement, dated April 25, 2003 (the "Placement Agreement"), among the Offerors and the Placement Agents identified therein includes certain representations and warranties, covenants and conditions to closing and certain other matters governing the Offering. The Placement Agreement is hereby incorporated by reference into this Agreement and the Purchaser shall be entitled to each of the benefits of the Placement Agents and the Purchaser under the Placement Agreement and shall be entitled to enforce the obligations of the Offerors under such Placement Agreement as fully as if the Purchaser were a party to such Placement Agreement.
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Agreement, the Purchaser hereby agrees to purchase from the Trust 3,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on June 26, 2003, or such other business day as may be designated by the Purchaser, but in no event later than June 30, 2003 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.
1.2. The certificate for the Capital Securities shall be delivered by the Trust on the Closing Date to the Purchaser or its designee.
1.3. The Placement Agreement, dated June 16, 2003 (the "Placement Agreement"), among the Offerors and the Placement Agents identified therein includes certain representations and warranties, covenants and conditions to closing and certain other matters governing the Offering. The Placement Agreement is hereby incorporated by reference into this Agreement and the Purchaser shall be entitled to each of the benefits of the Placement Agents and the Purchaser under the Placement Agreement and shall be entitled to enforce the obligations of the Offerors under such Placement Agreement as fully as if the Purchaser were a party to such Placement Agreement.
PURCHASE AND SALE OF CAPITAL SECURITIES. Upon the execution of this Agreement, the Purchaser hereby agrees to purchase from the Trust 5,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on September 26, 2002, or such other business day as may be designated by the Purchaser, but in no event later than September 27, 2002 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Agreement, the Purchaser hereby agrees to purchase from the Trust [NUMBER OF CAPITAL SECURITIES] Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on [CLOSING], 2003, or such other business day as may be designated by the Purchaser, but in no event later than [LAST CLOSING], 2003 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.
1.2. The certificate for the Capital Securities shall be delivered by the Trust on the Closing Date to the Purchaser or its designee.
1.3. The Placement Agreement, dated [PRICING], 2003 (the "Placement Agreement"), among the Offerors and the Placement Agents identified therein includes certain representations and warranties, covenants and conditions to closing and certain other matters governing the Offering. The Placement Agreement is hereby incorporated by reference into this Agreement and the Purchaser shall be entitled to each of the benefits of the Placement Agents and the Purchaser under the Placement Agreement and shall be entitled to enforce the obligations of the Offerors under such Placement Agreement as fully as if the Purchaser were a party to such Placement Agreement.
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1 Upon the execution of this Purchase Agreement, the Purchaser hereby agrees to purchase from the Trust 11,800 Capital Securities at a price equal to $1,000 per Capital Security (the "Purchase Price") and the Trust agrees to sell such number of Capital Securities with a liquidation amount of $1,000 per Capital Security to the Purchaser for the Purchase Price. The rights and preferences of the Capital Securities will be set forth in the Declaration in form and substance reasonably acceptable to the Purchaser. The Purchase Price is payable by the Purchaser on the Closing Date in immediately available funds to the account designated by LaSalle Bank National Association.
1.2 The certificate for the Capital Securities shall be delivered in definitive form by the Trust on the Closing Date (as defined in the Declaration) to the Purchaser or its designee, and
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Subscription Agreement, the Purchaser hereby agrees to purchase from the Trust Four Thousand (4,000) Capital Securities at a price equal to $1,000 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Trust Agreement. The Purchase Price is payable in immediately available funds on June 27, 2002 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 5 days prior to the Closing Date.
1.2. The certificate for the Capital Securities shall be delivered by the Trust on the Closing Date to the Purchaser or its designee.
1.3. An Agreement, effective as of June 27, 2002, among the Offerors and the Placement Agent identified therein (the "Placement Agreement") includes certain representations and warranties, covenants and conditions to closing and certain other matters governing the Offering. The Placement Agreement is hereby incorporated by reference into this Agreement and the Purchaser shall be entitled to all the benefits under the Placement Agreement and shall be entitled to enforce such Placement Agreement as fully as if the Purchaser were a party to such Placement Agreement.
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Agreement, the Purchaser hereby subscribes for and agrees to purchase from the Trust 20,000 Capital Securities at a price equal to $1,000.00 per
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Agreement, the Purchaser hereby agrees to purchase from the Trust 20,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on December 15, 2004, or such other business day as may be designated by the Purchaser, but in no event later than December 31, 2004 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.
1.2. The certificate for the Capital Securities shall be delivered by the Trust on the Closing Date to the Purchaser or its designee.
1.3. The Placement Agreement, dated December 7, 2004 (the "Placement Agreement"), among the Offerors and the Placement Agents identified therein includes certain representations and warranties, covenants and conditions to closing and certain other matters governing the Offering. The <PAGE>
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1 Upon the execution of this Purchase Agreement, the Purchaser hereby agrees to purchase from the Trust 10,000 Capital Securities at a price equal to $1,000 per Capital Security (the "Purchase Price") and the Trust agrees to sell such number of Capital Securities with a liquidation amount of $1,000 per Capital Security to the Purchaser for the Purchase Price. The rights and preferences of the Capital Securities will be set forth in the Declaration in form and substance reasonably acceptable to the Purchaser. The Purchase Price is payable by the Purchaser on the Closing Date in immediately available funds to the account designated by U.S. Bank National Association.
1.2 The certificate for the Capital Securities shall be delivered in definitive form by the Trust on the Closing Date to the Purchaser or its designee, and shall be registered in the name