Sponsor's Purchase of Common Securities. On the Closing Date, the Sponsor will purchase all of the Common Securities issued by the Trust in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Securities are sold.
Appears in 17 contracts
Samples: First Community Bancorp /Ca/, State National Bancshares, Inc., First Community Bancorp /Ca/
Sponsor's Purchase of Common Securities. On At the Closing DateTime, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount equal to at least equal to 3% of the total capital of the Trust, at the same time as the Capital Securities are issued and sold.
Appears in 7 contracts
Samples: Trust Agreement (Webster Capital Trust VII), Trust Agreement (Webster Capital Trust Vi), Trust Agreement (Webster Capital Trust Vi)
Sponsor's Purchase of Common Securities. On the each Closing Date, the Sponsor will shall purchase all of the Common Securities issued by the Trust Trust, in an amount at least equal to 33.0% of the capital Securities of the TrustTrust issued on such Closing Date, at the same time as the Capital Trust Preferred Securities are sold.
Appears in 5 contracts
Samples: Trust Agreement (Dte Energy Co), Trust Agreement (Apache Trust Ii), Trust Agreement (Dte Energy Co)
Sponsor's Purchase of Common Securities. On the Closing DateDate at the same time as the Preferred Securities are sold, the Sponsor will purchase all of the Common Securities issued by the Trust in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Securities are sold.
Appears in 2 contracts
Samples: Trust Agreement (Berkley W R Corp), Trust Agreement (Berkley W R Corp)
Sponsor's Purchase of Common Securities. On the Closing --------------------------------------- Date, the Sponsor will purchase all of the Common Securities issued by the Trust in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Securities are sold.
Appears in 2 contracts
Samples: First Banks, Inc, First Banks, Inc
Sponsor's Purchase of Common Securities. On At the Closing DateTime, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Preferred Securities are issued and sold.
Appears in 2 contracts
Samples: Trust Indenture Trust Agreement (New South Capital Trust I), Trust Agreement (New South Capital Trust I)
Sponsor's Purchase of Common Securities. On At the Closing DateTime, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount equal to at least equal to 3% of the total capital of the Trust, at the same time as the Series A Capital Securities are issued and sold.
Appears in 2 contracts
Samples: Progress Capital Trust I, Ml Bancorp Inc
Sponsor's Purchase of Common Securities. On the Closing Date, the Sponsor will shall purchase all of the Common Securities issued by the Trust Trust, in an amount at least equal to 33.0% of the capital Securities of the TrustTrust issued on the Closing Date, at the same time as the Capital Trust Preferred Securities are sold.
Appears in 2 contracts
Samples: Trust Agreement (Dte Energy Co), Trust Agreement (Dte Energy Co)
Sponsor's Purchase of Common Securities. On At the Closing DateTime, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Trust Preferred Securities are issued and sold.
Appears in 2 contracts
Samples: Trust Agreement (Agl Capital Trust Ii), Trust Agreement (Agl Capital Trust Iii)
Sponsor's Purchase of Common Securities. On the -------------------------------------------- Closing Date, the Sponsor will purchase all of the Common Securities issued by the Trust in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Securities are sold.
Appears in 1 contract
Samples: First Banks, Inc
Sponsor's Purchase of Common Securities. On At the Closing Date, ----------- --------------------------------------- pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities issued by the Trust Trust, in an amount equal to at least equal to 3% of the total capital of the Trust, at the same time as the Capital Securities are issued and sold.
Appears in 1 contract
Sponsor's Purchase of Common Securities. On At the Closing DateTime, pursuant to the Common Security Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount equal to at least equal to 3% of the total capital of the Trust, at the same time as the Series A Capital Securities are issued and sold.
Appears in 1 contract
Samples: Mainstreet Bankgroup Inc
Sponsor's Purchase of Common Securities. On the Closing Date, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount equal to at least equal to 3% of the total capital of the Trust, at the same time as the Capital Preferred Securities are issued and sold. The aggregate Liquidation Amount of Common Securities at any time shall not be less than 3% of the capital of the Trust.
Appears in 1 contract
Sponsor's Purchase of Common Securities. On At the Closing DateTime, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount equal to at least equal to 3% of the total capital of the Trust, at the same time as the Series A Capital Securities are issued and sold.
Appears in 1 contract
Sponsor's Purchase of Common Securities. On the Closing Date, Date the Sponsor will purchase all of the Common Securities issued by the Trust Trust, in an amount at least equal to 3% of the total capital of the Trust, at the same time as the Capital Preferred Securities are soldissued pursuant to the Underwriting Agreement.
Appears in 1 contract
Sponsor's Purchase of Common Securities. On At the Closing DateTime, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount at least equal to three percent (3% %) of the capital of the Trust, at the same time as the Capital Preferred Securities are issued and sold.
Appears in 1 contract
Sponsor's Purchase of Common Securities. On At the Closing DateTime, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount equal to at least equal to 3% of the total capital of the Trust, at the same time as the Capital Preferred Securities are issued and sold. The aggregate Liquidation Amount of Common Securities at any time shall not be less than 3% of the capital of the Trust.
Appears in 1 contract
Samples: Trust Agreement (Hercules Inc)
Sponsor's Purchase of Common Securities. On At the Closing DateTime, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount at least equal to 34% of the capital liquidation amount of the Trust, at the same time as the Series A Capital Securities are issued and sold.
Appears in 1 contract
Sponsor's Purchase of Common Securities. On At the Closing DateTime, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount equal to at least equal to 3% of the total capital of the Trust, at the same time as the Capital Preferred Securities are issued and sold.
Appears in 1 contract
Samples: Sandy Spring Capital Trust I
Sponsor's Purchase of Common Securities. On the Closing Date, the Sponsor will purchase _______ Common Securities, being all of the Common Securities issued by the Trust in an amount at least equal to on the Closing Date and representing approximately 3% of the total capital of the Trust, at Trust after issuance of the same time as Convertible Preferred Securities on the Capital Securities are soldClosing Date.
Appears in 1 contract
Samples: Exchange Agreement (Insignia Financial Group Inc /De/)
Sponsor's Purchase of Common Securities. On At the Closing DateTime, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Securities are issued and sold.
Appears in 1 contract
Samples: Wachovia Capital Trust Viii
Sponsor's Purchase of Common Securities. On the Closing Date, Date and on any Option Closing Date the Sponsor will purchase all of the Common Securities issued by the Trust Trust, in an amount equal to at least equal to 3% of the capital of the Trust, at the same time as the Capital Trust Preferred Securities are sold.
Appears in 1 contract
Samples: Bay View Capital Corp
Sponsor's Purchase of Common Securities. On the Closing Date, --------------------------------------- the Sponsor will purchase all of the Common Securities issued by the Trust in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Securities are sold.
Appears in 1 contract
Samples: Prosperity Bancshares Inc
Sponsor's Purchase of Common Securities. On At the Closing DateDate and any Option Closing Time, if applicable, the Sponsor will purchase all of the Common Securities then issued by the Trust Trust, in an amount equal to at least equal to 3% of the total capital of the Trust, at the same time as the Capital Preferred Securities are issued and sold.
Appears in 1 contract
Sponsor's Purchase of Common Securities. On the ------------------------------------------- Closing Date, the Sponsor will purchase all of the Common Securities issued by the Trust in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Securities are sold.
Appears in 1 contract
Samples: First Banks, Inc
