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

Purchase and Transfer of the VMTP Shares. (a) On the Effective Date the Purchaser will acquire 380 of the VMTP Shares sold on initial issuance in a transaction (which, based upon the representations of the Issuer and the Purchaser herein, is exempt from registration under the Securities Act), by payment of the Purchase Price in immediately available funds to the Issuer through the account of 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) 1. On the Effective Date the Purchaser will acquire 380 1,250 of the VMTP Shares sold on initial issuance in a transaction (which, based upon the representations of the Issuer and the Purchaser herein, is exempt from registration under the Securities Act), by payment of the Purchase Price in immediately available funds to the Issuer through the account of 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) On the Effective Date the Purchaser will acquire 380 180 of the VMTP Shares sold on initial issuance in a transaction (which, based upon the representations of the Issuer and the Purchaser herein, is exempt from registration under the Securities Act), by payment of the Purchase Price in immediately available funds to the Issuer through the account of 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) On the Effective Date the Purchaser will acquire 380 1,670 of the VMTP Shares sold on initial issuance in a transaction (which, based upon the representations of the Issuer and the Purchaser herein, is exempt from registration under the Securities Act), by payment of the Purchase Price in immediately available funds to the Issuer through the account of 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) On the Effective Date Date, the Purchaser will acquire 380 of the 250 VMTP Shares sold on initial issuance in a transaction (which, based upon the representations of the Issuer and the Purchaser herein, is exempt from registration under the Securities Act), by payment of the Purchase Price in immediately available funds to the Issuer Issuer, with such issuance effected through the account of 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) On the Effective Date the Purchaser will acquire 380 of the 5,644 VMTP Shares sold on initial issuance in a transaction (which, based upon the representations of the Issuer and the Purchaser herein, is exempt from registration under the Securities Act), ) by payment of the Purchase Price in immediately available funds to the Issuer through the account of 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) On the Effective Date the Purchaser will acquire 380 560 of the VMTP Shares sold on initial issuance in a transaction (which, based upon the representations of the Issuer and the Purchaser herein, is exempt from registration under the Securities Act), by payment of the Purchase Price in immediately available funds to the Issuer through the account of 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) On the Effective Date the Purchaser will acquire 380 of the 1,605 VMTP Shares sold on initial issuance in a transaction (which, based upon the representations of the Issuer and the Purchaser herein, is exempt from registration under the Securities Act), ) by payment of the Purchase Price in immediately available funds to the Issuer through the account of its agent at the Securities Depository.

Appears in 1 contract

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

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