Common use of Purchase and Transfer of the VMTP Shares Clause in Contracts

Purchase and Transfer of the VMTP Shares. (a) (i) On the Effective Date, BAPFC acquired 141 of the VMTP Shares and Blue Ridge acquired 342 of the VMTP Shares, sold on initial issuance in a transaction (which, based upon the representations of the Issuer, BAPFC and Blue Ridge, is exempt from registration under the Securities Act), in each case, by payment of the Purchase Price in immediately available funds to the Issuer through the account of its Custodian or its agent at the Securities Depository.

Appears in 2 contracts

Samples: VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Bank of America Corp /De/)

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Purchase and Transfer of the VMTP Shares. (a) (i) On the Effective Date, BAPFC acquired 141 876 of the VMTP Shares and Blue Ridge acquired 342 918 of the VMTP Shares, sold on initial issuance in a transaction (which, based upon the representations of the Issuer, BAPFC and Blue Ridge, is exempt from registration under the Securities Act), in each case, by payment of the Purchase Price in immediately available funds to the Issuer through the account of its Custodian or its agent at the Securities Depository.

Appears in 2 contracts

Samples: VMTP Purchase Agreement (Bank of America Corp /De/), Purchase Agreement (Bank of America Corp /De/)

Purchase and Transfer of the VMTP Shares. (a) (i) On the Effective Date, BAPFC acquired 141 345 of the VMTP Shares and Blue Ridge acquired 342 245 of the VMTP Shares, sold on initial issuance in a transaction (which, based upon the representations of the Issuer, BAPFC and Blue Ridge, is exempt from registration under the Securities Act), in each case, by payment of the Purchase Price in immediately available funds to the Issuer through the account of its Custodian or its agent at the Securities Depository.

Appears in 2 contracts

Samples: VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Bank of America Corp /De/)

Purchase and Transfer of the VMTP Shares. (a) (i) On the Effective Date, BAPFC acquired 141 Date the BoAPFC Purchaser will acquire 876 of the VMTP Shares and the Blue Ridge acquired 342 Purchaser will acquire 918 of the VMTP Shares, sold on initial issuance in a transaction (which, based upon the representations of the Issuer, BAPFC Issuer and Blue Ridgeeach Purchaser herein, is exempt from registration under the Securities Act), in each case, by payment of the relevant Purchase Price in immediately available funds to the Issuer through the account of its Custodian or its agent at the Securities Depository.

Appears in 1 contract

Samples: VMTP Purchase Agreement (Bank of America Corp /De/)

Purchase and Transfer of the VMTP Shares. (a) (i) On the Effective Date, Date BAPFC acquired 141 will acquire 129 of the VMTP Shares and Blue Ridge acquired 342 will acquire 1 of the VMTP Shares, Shares sold on initial issuance in a transaction (which, based upon the representations of the Issuer, BAPFC Issuer and Blue Ridgethe Purchasers herein, is exempt from registration under the Securities Act), in each case, case by payment of the relevant Purchase Price in immediately available funds to the Issuer through the account of its Custodian or its agent at the Securities Depository.

Appears in 1 contract

Samples: VMTP Purchase Agreement (Bank of America Corp /De/)

Purchase and Transfer of the VMTP Shares. (a) (i) On the Effective Date, BAPFC acquired Date the BoAPFC Purchaser will acquire 141 of the VMTP Shares and the Blue Ridge acquired Purchaser will acquire 342 of the VMTP Shares, sold on initial issuance in a transaction (which, based upon the representations of the Issuer, BAPFC Issuer and Blue Ridgeeach Purchaser herein, is exempt from registration under the Securities Act), in each case, by payment of the relevant Purchase Price in immediately available funds to the Issuer through the account of its Custodian or its agent at the Securities Depository.

Appears in 1 contract

Samples: VMTP Purchase Agreement (Bank of America Corp /De/)

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Purchase and Transfer of the VMTP Shares. (a) (i) On the Effective Date, BAPFC acquired 141 Date the BoAPFC Purchaser will acquire 345 of the VMTP Shares and the Blue Ridge acquired 342 Purchaser will acquire 245 of the VMTP Shares, sold on initial issuance in a transaction (which, based upon the representations of the Issuer, BAPFC Issuer and Blue Ridgeeach Purchaser herein, is exempt from registration under the Securities Act), in each case, by payment of the relevant Purchase Price in immediately available funds to the Issuer through the account of its Custodian or its agent at the Securities Depository.

Appears in 1 contract

Samples: VMTP Purchase Agreement (Bank of America Corp /De/)

Purchase and Transfer of the VMTP Shares. (a) (i) On the Effective Date, Date BAPFC acquired 141 will acquire 129 of the VMTP Shares and Blue Ridge acquired 342 will acquire 306 of the VMTP Shares, Shares sold on initial issuance in a transaction (which, based upon the representations of the Issuer, BAPFC Issuer and Blue Ridgethe Purchasers herein, is exempt from registration under the Securities Act), in each case, case by payment of the relevant Purchase Price in immediately available funds to the Issuer through the account of its Custodian or its agent at the Securities Depository.

Appears in 1 contract

Samples: VMTP Purchase Agreement (Bank of America Corp /De/)

Purchase and Transfer of the VMTP Shares. (a) (i) On the Effective Date, Date BAPFC acquired 141 will acquire 123 of the VMTP Shares and Blue Ridge acquired 342 will acquire 188 of the VMTP Shares, Shares sold on initial issuance in a transaction (which, based upon the representations of the Issuer, BAPFC Issuer and Blue Ridgethe Purchasers herein, is exempt from registration under the Securities Act), in each case, case by payment of the relevant Purchase Price in immediately available funds to the Issuer through the account of its Custodian or its agent at the Securities Depository.

Appears in 1 contract

Samples: VMTP Purchase Agreement (Bank of America Corp /De/)

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