PURCHASE AND SALE OF CAPITAL SECURITIES Sample Clauses

PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Agreement, the Purchaser hereby agrees to purchase from the Trust 15,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on May 15, 2003, or such other business day as may be designated by the Purchaser, but in no event later than May 22, 2003 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.
AutoNDA by SimpleDocs
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Subscription Agreement, the Purchaser hereby agrees to purchase from the Trust 6,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on December 18, 2001, or such other business day as may be designated by the Purchaser, but in no event later than December 31, 2001 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Subscription Agreement, subject to the conditions precedent set forth in Section 1.5, the Purchaser hereby agrees to purchase from the Trust 13,000 Capital Securities at a price equal to $1,000 per Capital Security (the "Purchase Price") and the Trust agrees to sell 13,000 of Capital Securities with a liquidation amount of $1,000 per Capital Security to the Purchaser for the Purchase Price. The rights and preferences of the Capital Securities will be set forth in the Declaration in form and substance reasonably acceptable to the Purchaser. The Purchase Price is payable by the Purchaser on the Closing Date in immediately available funds to the account designated by Wilmington Trust Company against delivery of the aforementioned Capital Securities.
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1 Upon the execution of this Purchase Agreement, the Purchaser hereby agrees to purchase from the Trust 15,000 Capital Securities at a price equal to $1,000 per Capital Security (the "Purchase Price") and the Trust agrees to sell such number of Capital Securities with a liquidation amount of $1,000 per Capital Security to the Purchaser for the Purchase Price. The rights and preferences of the Capital Securities will be set forth in the Declaration in form and substance reasonably acceptable to the Purchaser. The Purchase Price is payable by the Purchaser on the Closing Date in immediately available funds to the account designated by LaSalle Bank National Association.
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Agreement, the Purchaser hereby agrees to purchase from the Trust [NUMBER OF CAPITAL SECURITIES] Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on [CLOSING], 2003, or such other business day as may be designated by the Purchaser, but in no event later than [LAST CLOSING], 2003 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Agreement, the Purchaser hereby agrees to purchase from the Trust 20,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on April 28, 2006 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.
PURCHASE AND SALE OF CAPITAL SECURITIES. Upon the execution of this Agreement, the Purchaser hereby agrees to purchase from the Trust 25,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on March 26, 2007, or such other business day as may be designated by the Purchaser, but in no event later than March 30, 2007 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof. The Placement Agreement, dated March 14, 2007 (the "Placement Agreement"), among the Offerors and the placement agents identified therein (the "Placement Agents") includes certain representations and warranties, covenants and conditions to closing and certain other matters governing the Offering. The Placement Agreement is hereby incorporated by reference into this Agreement and the Purchaser shall be entitled to each of the benefits of the Placement Agents and the Purchaser under the Placement Agreement and shall be entitled to enforce the obligations of the Offerors under such Placement Agreement as fully as if the Purchaser were a party to such Placement Agreement. Anything herein or in the Placement Agreement notwithstanding, the Offerors acknowledge and agree that, so long as Purchaser holds some or all of the Capital Securities, the Purchaser may in its discretion from time to time transfer or sell, or sell or grant participation interests in, some or all of such Capital Securities to one or more parties, provided that any such transaction complies, as applicable, with the registration requirements of the Securities Act of 1933, as amended (the "Securities Act") and any other applicable securities laws, is pursuant to an exemption therefrom, or is otherwise not subject thereto.
AutoNDA by SimpleDocs
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Subscription Agreement, subject to the conditions precedent set forth in Section 1.5, the Purchaser hereby agrees to purchase from the Trust $15,000,000 of its Capital Securities at a price equal to $1,000 per Capital Security (the "Purchase Price") and the Trust agrees to sell Capital Securities with a liquidation amount of $1,000 per Capital Security to the Purchaser for the Purchase Price. The rights and preferences of the Capital Securities will be set forth in the Declaration. The Purchase Price is payable by the Purchaser in immediately available funds to the Trust's Account No. 234206 at The Bank of New York on the Closing Date.
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Subscription Agreement, subject to Section 1.4, the Purchaser hereby agrees to purchase from the Trust 10,000 Capital Securities at a price equal to $1,000 per Capital Security (the "Purchase Price") and the Trust agrees to sell the same number of Capital Securities with a liquidation amount of $1,000 per Capital Security to the Purchaser for the Purchase Price. The rights and preferences of the Capital Securities will be set forth in the Declaration in form and substance reasonably acceptable to the Purchaser. The Purchase Price is payable by the Purchaser on December 22, 2004 (the "Closing Date") in immediately available funds to the account designated by Wilmington Trust Company against delivery of the aforementioned Capital Securities.
PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Agreement, the Purchaser hereby agrees to purchase from the Trust 5,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on July 29, 2005, or such other business day as may be designated by the Purchaser (the "Closing Date"). The Offerors shall provide the -Purchaser wire transfer instructions no later than 1 day following the date hereof.
Time is Money Join Law Insider Premium to draft better contracts faster.