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) to, directly or indirectly, (i) 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 (ii) 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: Placement Agreement (Arrow Financial Corp), Placement Agreement (Iberiabank Corp), Placement Agreement (Capital City Bank Group Inc)

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Sale and Registration of Securities. Neither the Company The Offerors and their Affiliates ----------------------------------- shall not nor the Trust will, nor will either of them permit shall 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) toAgents), to directly or indirectly, indirectly (i) 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 Capital Securities in any a manner that would require the registration of the Securities under the Securities Act of the Capital Securities, the Debentures or the Guarantee or (ii) make offers or sales of any such Securitysecurity, or solicit offers to buy any such Securitysecurity, under any circumstances that would require the registration of any of such Securities securities under the Securities Act.

Appears in 1 contract

Samples: Subscription Agreement (Florida Banks Inc)

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