Qualified Purchasers. The Placement Agent has not offered or sold and will not arrange for the offer or sale of the Capital Securities except (i) to those the Placement Agent reasonably believes are “accredited investors” (as defined in Rule 501 of Regulation D), or (ii) in any other manner that does not require registration of the Capital Securities under the Securities Act. In connection with each such sale, the Placement Agent has taken or will take reasonable steps to ensure that the Purchaser is aware that (a) such sale is being made in reliance on an exemption under the Securities Act and (b) future transfers of the Capital Securities will not be made except in compliance with applicable securities laws.
Appears in 10 contracts
Samples: Subscription Agreement (Community Banks Inc /Pa/), Master Custodian Agreement (Community Bancorp /Vt), Subscription Agreement (Sterling Financial Corp /Pa/)
Qualified Purchasers. The Placement Agent has not offered or sold and will not arrange for the offer or sale of the Capital Securities except (i) to those the Placement Agent reasonably believes are “"accredited investors” " (as defined in Rule 501 of Regulation D), or (ii) in any other manner that does not require registration of the Capital Securities under the Securities Act. In connection with each such sale, the Placement Agent has taken or will take reasonable steps to ensure that the Purchaser is aware that (a) such sale is being made in reliance on an exemption under the Securities Act and (b) future transfers of the Capital Securities will not be made except in compliance with applicable securities laws.
Appears in 5 contracts
Samples: Master Custodian Agreement (Cowlitz Bancorporation), Subscription Agreement (Sterling Bancshares Inc), Subscription Agreement (Firstfed Bancorp Inc)
Qualified Purchasers. The Placement Agent has not offered or -------------------- sold and will not arrange for the offer or sale of the Capital Securities except (i) to those the Placement Agent reasonably believes are “"accredited investors” " (as defined in Rule 501 of Regulation D), or (ii) in any other manner that does not require registration of the Capital Securities under the Securities Act. In connection with each such sale, the Placement Agent has taken or will take reasonable steps to ensure that the Purchaser is aware that (a) such sale is being made in reliance on an exemption under the Securities Act and (b) future transfers of the Capital Securities will not be made except in compliance with applicable securities laws.
Appears in 2 contracts
Samples: Subscription Agreement (First Banks, Inc), Subscription Agreement (First Banks, Inc)
Qualified Purchasers. The Placement Agent has not offered or sold and will not arrange for the offer or sale of the Capital Securities except (i) to those the Placement Agent reasonably believes are “accredited investors” (as defined in Rule 501 of Regulation D), or (ii) in any other manner that does not require registration of the Capital Securities under the Securities Act. In connection with each such sale, the Placement Agent has taken or will take reasonable steps to ensure that the Purchaser is aware that (a) such sale is being made in reliance on an exemption under the Securities Act Act, and (b) future transfers of the Capital Securities will not be made except in compliance with applicable securities laws.
Appears in 1 contract
Samples: Subscription Agreement (American Safety Insurance Holdings LTD)
