Sponsor's Purchase of Common Securities. At the Closing Time, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount equal to at least 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 Vi), Trust Agreement (Webster Capital Trust VII), Trust Agreement (Webster Capital Trust Vi)
Sponsor's Purchase of Common Securities. At the On each Closing Time, pursuant to the Common Securities Subscription AgreementDate, the Sponsor will shall purchase all of the Common Securities then issued by the Trust, in an amount at least equal to at least 33.0% of the total capital Securities of the TrustTrust issued on such Closing Date, at the same time as the Capital Trust Preferred Securities are issued and sold.
Appears in 5 contracts
Samples: Trust Agreement (Apache Trust Ii), Trust Agreement (Dte Energy Co), Trust Agreement (Detroit Edison Trust I)
Sponsor's Purchase of Common Securities. At On the Closing Time, pursuant to the Common Securities Subscription AgreementDate, the Sponsor will shall purchase all of the Common Securities then issued by the Trust, in an amount at least equal to at least 33.0% of the total capital Securities of the TrustTrust issued on the Closing Date, at the same time as the Capital Trust Preferred Securities are issued and sold.
Appears in 2 contracts
Samples: Trust Agreement (Dte Energy Co), Trust Agreement (Dte Energy Co)
Sponsor's Purchase of Common Securities. At the Closing Time, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount at least equal to at least 3% of the total 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. At the Closing Time, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount at least equal to at least 3% of the total capital of the Trust, at the same time as the Capital Preferred Securities are issued and sold.
Appears in 2 contracts
Samples: Trust Agreement (New South Capital Trust I), Trust Indenture Trust Agreement (New South Capital Trust I)
Sponsor's Purchase of Common Securities. At On the Closing Time, pursuant to the Common Securities Subscription Agreement--------------------------------------- Date, the Sponsor will purchase all of the Common Securities then issued by the Trust, Trust in an amount at least equal to at least 3% of the total capital of the Trust, at the same time as the Capital Securities are issued and sold.
Appears in 2 contracts
Samples: First Banks, Inc, First Banks, Inc
Sponsor's Purchase of Common Securities. At the Closing Time, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount equal to at least 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: Ml Bancorp Inc, Progress Capital Trust I
Sponsor's Purchase of Common Securities. At On the Closing Time, pursuant to the Common Securities Subscription Agreement, Date the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount at least equal to at least 3% of the total capital of the Trust, at the same time as the Capital Preferred Securities are issued and soldpursuant to the Underwriting Agreement.
Appears in 1 contract
Sponsor's Purchase of Common Securities. At the Closing Time, pursuant to the Common Securities Security Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount equal to at least 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. At On the -------------------------------------------- Closing Time, pursuant to the Common Securities Subscription AgreementDate, the Sponsor will purchase all of the Common Securities then issued by the Trust, Trust in an amount at least equal to at least 3% of the total capital of the Trust, at the same time as the Capital Securities are issued and sold.
Appears in 1 contract
Samples: First Banks, Inc
Sponsor's Purchase of Common Securities. At the Closing TimeDate, ----------- --------------------------------------- pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount equal to at least 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. At On the Closing Time, pursuant to the Common Securities Subscription AgreementDate, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount equal to at least 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. At On the ------------------------------------------- Closing Time, pursuant to the Common Securities Subscription AgreementDate, the Sponsor will purchase all of the Common Securities then issued by the Trust, Trust in an amount at least equal to at least 3% of the total capital of the Trust, at the same time as the Capital Securities are issued and sold.
Appears in 1 contract
Samples: First Banks, Inc
Sponsor's Purchase of Common Securities. At the Closing Time, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount at least equal to at least 3% of the total 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. At On the Closing Time, pursuant to the Common Securities Subscription Agreement, Date and on any Option Closing Date the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount equal to at least 3% of the total capital of the Trust, at the same time as the Capital Trust Preferred Securities are issued and sold.
Appears in 1 contract
Samples: Bay View Capital Corp
Sponsor's Purchase of Common Securities. At the Closing Time, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount equal to at least 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. At the Closing Time, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount equal to at least 34% of the total 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. At the Closing Time, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount equal to at least 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. At the Closing Time, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount equal to at least 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. At the Closing Date and any Option Closing Time, pursuant to the Common Securities Subscription Agreementif applicable, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount equal to at least 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. At the Closing Time, pursuant to the Common Securities Subscription Agreement, the Sponsor will purchase all of the Common Securities then issued by the Trust, in an amount at least equal to at least three percent (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
