Common use of Direct Purchase Clause in Contracts

Direct Purchase. The Purchaser is purchasing Preferred Shares directly from the Company and not from the Placement Agents. Neither of the Placement Agents made any representations, declarations or warranties to the Purchaser, express or implied, regarding the Preferred Shares, the Company or the Company’s offering of the Preferred Shares, and neither of the Placement Agents offered to sell, or solicited an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 2 contracts

Samples: Securities Purchase Agreement (BNC Bancorp), Securities Purchase Agreement and Amendment Number 1 to Investment Agreement (Aquiline BNC Holdings LLC)

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Direct Purchase. The Purchaser is purchasing the Preferred Shares directly from the Company and not from the Placement Agents. Neither of the The Placement Agents made did not make any representations, declarations representations or warranties to the Purchaser, express or implied, regarding the Preferred Shares, the Company or the Company’s offering of the Preferred Shares, and neither of the Placement Agents offered to sell, or solicited an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Citizens Community Bancorp Inc.), Securities Purchase Agreement (First Bancshares Inc /MS/)

Direct Purchase. The Purchaser is purchasing Preferred the Common Shares directly from the Company and not from the Placement AgentsAgent. Neither of the The Placement Agents made Agent did not make any representations, declarations representations or warranties to the Purchaser, express or implied, regarding the Preferred Common Shares, the Company or the Company’s offering of the Preferred Common Shares, and neither of the Placement Agents offered to sell, or solicited an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 2 contracts

Samples: Stock Purchase Agreement (RMB Capital Management, LLC), Stock Purchase Agreement (Bank of the Carolinas CORP)

Direct Purchase. The Purchaser is purchasing Preferred the Shares directly from the Company and not from the Placement AgentsAgent. Neither of the The Placement Agents made Agent did not make any representations, declarations representations or warranties to the Purchaser, express or implied, regarding the Preferred Shares, the Company or the Company’s offering of the Preferred Shares, and neither of the Placement Agents offered to sell, or solicited an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Bay Banks of Virginia Inc), Securities Purchase Agreement (First Mid Illinois Bancshares Inc)

Direct Purchase. The Purchaser is purchasing Preferred the Shares directly from the Company and not from the Placement AgentsAgent. Neither of the The Placement Agents made Agent did not make any representations, declarations representations or warranties to the Purchaser, express or implied, regarding the Preferred Shares, the Company Company, or the Company’s offering of the Preferred Shares, and neither of the Placement Agents offered to sell, or solicited an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Southern States Bancshares, Inc.), Stock Purchase Agreement (HCSB Financial Corp)

Direct Purchase. The Purchaser is purchasing Preferred Shares directly from the Company and not from the Placement AgentsAgent. Neither of the The Placement Agents made Agent did not make any representations, declarations or warranties to the Purchaser, express or implied, regarding the Preferred Shares, the Company or the Company’s offering of the Preferred Shares, and neither of the Placement Agents offered Agent did not offer to sell, or solicited solicit an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Oriental Financial Group Inc), Securities Purchase Agreement (Oriental Financial Group Inc)

Direct Purchase. The Purchaser is purchasing Preferred Shares directly from the Company and not from the Placement AgentsAgent. Neither of the The Placement Agents Agent has not made any representations, declarations or warranties to the Purchaser, express or implied, regarding the Preferred Shares, the Company or the Company’s offering of the Preferred Shares, and neither of the Placement Agents Agent has not offered to sell, or solicited an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Yadkin Valley Financial Corp)

Direct Purchase. The Purchaser is purchasing the Preferred Shares directly from the Company and not from the Placement AgentsAgent. Neither of the The Placement Agents made Agent did not make any representations, declarations representations or warranties to the Purchaser, express or implied, regarding the Preferred Shares, the Company or the Company’s offering of the Preferred Shares, Shares (and neither of the Placement Agents offered to sell, Purchaser has not relied on any representations or solicited an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from warranties other than those made by the Company hereunderherein).

Appears in 1 contract

Samples: Securities Purchase Agreement (Carolina Bank Holdings Inc)

Direct Purchase. The Purchaser is purchasing Preferred the Shares directly from the Company and not from the Placement AgentsAgent. Neither of the The Placement Agents made Agent did not make any representations, declarations representations or warranties to the Purchaser, express or implied, regarding the Preferred Shares, the Company and its Affiliates, or the Company’s offering of the Preferred Shares, and neither of the Placement Agents offered to sell, or solicited an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Riverview Financial Corp)

Direct Purchase. The Purchaser is purchasing Preferred Common Shares directly from the Company and not from the Placement AgentsAgent. Neither of the The Placement Agents Agent has not made any representations, declarations or warranties to the Purchaser, express or implied, regarding the Preferred Common Shares, the Company or the Company’s offering of the Preferred Common Shares, and neither of the Placement Agents offered Agent did not offer to sell, or solicited solicit an offer to buy, any of the Preferred Common Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Vantagesouth Bancshares, Inc.)

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Direct Purchase. The Purchaser is purchasing the Preferred Shares directly from the Company and not from the Placement AgentsAgent. Neither of the The Placement Agents made Agent did not make any representations, declarations representations or warranties to the Purchaser, express or implied, regarding the Preferred Shares, the Company or the Company’s offering of the Preferred Shares, and neither of the Placement Agents offered to sell, or solicited an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (First Bancshares Inc /MS/)

Direct Purchase. The Purchaser is purchasing Preferred Common Shares directly from the Company and not from the Placement AgentsAgent. Neither of the The Placement Agents made Agent did not make any representations, declarations representations or warranties to the Purchaser, express or implied, regarding the Preferred Common Shares, the Company or the Company’s offering of the Preferred Common Shares, and neither of the Placement Agents offered to sell, or solicited an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bay Banks of Virginia Inc)

Direct Purchase. The Purchaser is purchasing Preferred the Shares directly from the Company and not from the Placement Agents. Neither of the The Placement Agents made did not make any representations, declarations representations or warranties to the Purchaser, express or implied, regarding the Preferred Shares, the Company or the Company’s offering of the Preferred Shares, and neither of the Placement Agents offered to sell, or solicited an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (F&m Bank Corp)

Direct Purchase. The Purchaser is purchasing Preferred Shares directly from the Company and not from the Placement Agents. Neither of the Placement Agents made any representations, declarations or warranties to the Purchaser, express or implied, regarding the Preferred Shares, the Company or the Company’s offering of the Preferred Shares, and neither of the Placement Agents offered to sell, or solicited an offer to buy, any of the Preferred Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (BNC Bancorp)

Direct Purchase. The Purchaser is purchasing Preferred Common Shares directly from the Company and not from the Placement AgentsAgent. Neither of the The Placement Agents made Agent did not make any representations, declarations or warranties to the Purchaser, express or implied, regarding the Preferred Common Shares, the Company or the Company’s offering of the Preferred Common Shares, and neither of the Placement Agents offered Agent did not offer to sell, or solicited solicit an offer to buy, any of the Preferred Common Shares that the Purchaser proposes to acquire from the Company hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Renasant Corp)

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