Common use of Issuance and Sale of Placement Shares Clause in Contracts

Issuance and Sale of Placement Shares. The Company agrees that, from time to time during the term of this Agreement, on the terms and subject to the conditions set forth herein, it will issue and sell through CF&Co, acting as agent and/or principal, up to 6,501,559 shares (the "Placement Shares") of the Company's common stock, par value $0.01 per share ("Common Stock"); provided, however, that with respect to "At The Market" sales (as defined in Section 3 hereof), the aggregate sales price shall not exceed $90.3 million. The issuance and sale of Placement Shares through CF&Co will be effected pursuant to a registration statement on Form S-3 filed by the Company and declared effective by the Securities and Exchange Commission (the "Commission").

Appears in 1 contract

Samples: Sales Agreement (Thornburg Mortgage Inc)

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Issuance and Sale of Placement Shares. The Company agrees that, from time to time during the term of this Agreement, on the terms and subject to the conditions set forth herein, it will issue and sell through CF&Co, acting as agent and/or principal, up to 6,501,559 6,829,596 shares (the "Placement Shares") of the Company's ’s common stock, par value $0.01 per share ("Common Stock"); provided, however, that with respect to "At The Market" sales (as defined in Section 3 hereof), the aggregate sales price shall not exceed $90.3 138.45 million. The issuance and sale of Placement Shares through CF&Co will be effected pursuant to a registration statement on Form S-3 filed by the Company and declared effective by the Securities and Exchange Commission (the "Commission").

Appears in 1 contract

Samples: Sales Agreement (Thornburg Mortgage Inc)

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Issuance and Sale of Placement Shares. The Company agrees that, from time to time during the term of this Agreement, on the terms and subject to the conditions set forth herein, it will issue and sell through CF&Co, acting as agent and/or principal, up to 6,501,559 10,000,000 shares (the "Placement Shares") of the Company's common stock, par value $0.01 per share ("Common Stock"); provided, however, that with respect to "At The Market" sales (as defined in Section 3 hereof), the aggregate sales price shall not exceed $90.3 233.7 million. The issuance and sale of Placement Shares through CF&Co will be effected pursuant to a registration statement on Form S-3 filed by the Company and declared effective by the Securities and Exchange Commission (the "Commission").

Appears in 1 contract

Samples: Sales Agreement (Thornburg Mortgage Inc)

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