Purchaser Notification. Prior to or contemporaneously with the purchase of the Capital Securities by the Purchaser, the Placement Agent will take reasonable steps to inform the Purchaser that the Capital Securities (A) have not been and will not be registered under the 1933 Act, (B) are being sold to them without registration under the 1933 Act in accordance with an exemption from, or in a transaction not subject to, the registration requirements of the 1933 Act and (C) may not be offered, sold or otherwise transferred except in accordance with the legend set forth in Annex E hereto.
Appears in 3 contracts
Sources: Placement Agreement (Lakeland Bancorp Inc), Placement Agreement (Northeast Bancorp /Me/), Placement Agreement (Horizon Bancorp /In/)
Purchaser Notification. Prior to or contemporaneously with the purchase of the Capital Securities by the Purchaser, the Placement Agent will take reasonable steps to inform the Purchaser that the Capital Securities (A) have not been and will not be registered under the 1933 Act, (B) are being sold to them without registration under the 1933 Act in accordance with an exemption from, or in a transaction not subject to, the from registration requirements of under the 1933 Act and (C) may not be offered, sold or otherwise transferred except in accordance with the legend set forth in Annex E heretothe Declaration.
Appears in 3 contracts
Sources: Placement Agreement (American Safety Insurance Group LTD), Placement Agreement (Pxre Group LTD), Placement Agreement (American Physicians Capital Inc)
Purchaser Notification. Prior to or contemporaneously with the purchase of the Capital Securities by the Purchaser, the Placement Agent will take reasonable steps to inform the Purchaser that the Capital Securities (A) have not been and will not be registered under the 1933 Act, (B) are being sold to them without registration under the 1933 Act in accordance with an exemption from, or in a transaction not subject to, the from registration requirements of under the 1933 Act and (C) may not be offered, sold or otherwise transferred except in accordance with the legend set forth in Annex E hereto.
Appears in 2 contracts
Sources: Placement Agreement (Chandler Usa Inc), Placement Agreement (Center Bancorp Inc)
Purchaser Notification. Prior to or contemporaneously with the purchase of the Capital Securities by the Purchaser, the Placement Agent will take reasonable steps to inform the Purchaser that the Capital Securities (A) have not been and will not be registered under the 1933 Act, (B) are being sold to them without registration under the 1933 Act in accordance with an exemption from, or in a transaction not subject to, the from registration requirements of under the 1933 Act and (C) may not be offered, sold or otherwise transferred except in accordance with the legend set forth in Annex E heretoSection 8.2(c) of the Declaration.
Appears in 2 contracts
Sources: Placement Agreement (Chandler Usa Inc), Placement Agreement (Fpic Insurance Group Inc)