Common use of Sale and Registration of Securities Clause in Contracts

Sale and Registration of Securities. Neither the Company nor the Trust will, nor will either of them permit any of its Affiliates to, nor will either of them permit any person acting on its or their behalf (other than the Placement Agent and the Purchaser and their respective affiliates) to, directly or indirectly, (i) resell any Preferred Securities that have been acquired by any of them, (ii) sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security (as defined in the Securities Act) that would or could be integrated with the sale of the Preferred Securities in any manner that would require the registration of the Securities under the Securities Act or (iii) make offers or sales of any such Security, or solicit offers to buy any such Security, under any circumstances that would require the registration of any of such Securities under the Securities Act.

Appears in 7 contracts

Samples: Placement Agreement (Vision Bancshares Inc), Preferred Securities Subscription Agreement (Greer Bancshares Inc), Preferred Securities Subscription Agreement (Greenville First Bancshares Inc)

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Sale and Registration of Securities. Neither the Company nor the Trust will, nor will either of them permit any of its their Affiliates to, nor will either any of them permit any person acting on its or their behalf (other than the Placement Introducing Agent and the Purchaser and their respective its affiliates) to, directly or indirectly, (i) resell any Preferred Securities that have been acquired by any of them, (ii) sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security (as defined in the Securities Act) that would or could be integrated with the sale of the Preferred Securities in any manner that would require the registration of the Securities under the Securities Act or (iii) make offers or sales of any such Security, or solicit offers to buy any such Security, under any circumstances that would require the registration of any of such Securities under the Securities Act.

Appears in 4 contracts

Samples: Purchase Agreement (United Bancorporation of Alabama Inc), Purchase Agreement (BNC Bancorp), Purchase Agreement (Greater Community Bancorp)

Sale and Registration of Securities. Neither the Company nor the ----------------------------------- Trust will, nor will either of them permit any of its their Affiliates to, nor will either any of them permit any person acting on its or their behalf (other than the Placement Introducing Agent and the Purchaser and their respective its affiliates) to, directly or indirectly, (i) resell any Preferred Securities that have been acquired by any of them, (ii) sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security (as defined in the Securities Act) that would or could be integrated with the sale of the Preferred Securities in any manner that would require the registration of the Securities under the Securities Act or (iii) make offers or sales of any such Security, or solicit offers to buy any such Security, under any circumstances that would require the registration of any of such Securities under the Securities Act.

Appears in 2 contracts

Samples: Purchase Agreement (First Litchfield Financial Corp), Purchase Agreement (First Litchfield Financial Corp)

Sale and Registration of Securities. Neither the Company nor ----------------------------------- the Trust will, nor will either of them permit any of its their Affiliates to, nor will either any of them permit any person acting on its or their behalf (other than the Placement Introducing Agent and the Purchaser and their respective its affiliates) to, directly or indirectly, (i) resell any Preferred Securities that have been acquired by any of them, (ii) sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security (as defined in the Securities Act) that would or could be integrated with the sale of the Preferred Securities in any manner that would require the registration of the Securities under the Securities Act or (iii) make offers or sales of any such Security, or solicit offers to buy any such Security, under any circumstances that would require the registration of any of such Securities under the Securities Act.

Appears in 1 contract

Samples: Purchase Agreement (First Banks, Inc)

Sale and Registration of Securities. Neither the Company nor the Trust will, nor will either of them permit any of its Affiliates to, nor will either of them permit any person acting on its or their behalf (other than the Placement Agent and the Purchaser and their respective its affiliates) to, directly or indirectly, (i) resell any Preferred Securities that have been acquired by any of themit, (ii) sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security (as defined in the Securities Act) that would or could be integrated with the sale of the Preferred Securities in any manner that would require the registration of the Securities under the Securities Act or (iii) make offers or sales of any such Security, or solicit offers to buy any such Security, under any circumstances that would require the registration of any of such Securities under the Securities Act.

Appears in 1 contract

Samples: Purchase Agreement (Medallion Financial Corp)

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Sale and Registration of Securities. Neither the Company nor the Trust will, nor will either of them permit any of its Affiliates to, nor will either of them permit any person acting on its or their behalf (other than the Placement Agent and the Purchaser and their respective affiliatesPurchaser) to, directly or indirectly, (i) resell any Preferred Securities that have been acquired by any of them, (ii) sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security (as defined in the Securities Act) that would or could be integrated with the sale of the Preferred Securities in any manner that would require the registration of the Securities under the Securities Act or (iii) make offers or sales of any such Security, or solicit offers to buy any such Security, under any circumstances that would require the registration of any of such Securities under the Securities Act.

Appears in 1 contract

Samples: Placement Agreement (Community Shores Bank Corp)

Sale and Registration of Securities. Neither None of the Company Company, the Guarantor nor the Trust Trusts will, nor will either any of them permit any of its Affiliates to, nor will either any of them permit any person acting on its or their behalf (other than the Placement Agent and the Purchaser and their respective affiliates) to, directly or indirectly, (i) resell any Preferred Securities that have been acquired by any of them, (ii) sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security (as defined in the Securities Act) that would or could be integrated with the sale of the Preferred Securities in any manner that would require the registration of the Securities under the Securities Act or (iii) make offers or sales of any such Security, or solicit offers to buy any such Security, under any circumstances that would require the registration of any of such Securities under the Securities Act.

Appears in 1 contract

Samples: Exchange Agreement (Novastar Financial Inc)

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