Common use of Issuance of the Restricted Capital Securities Clause in Contracts

Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 Capital Securities having an aggregate Liquidation Amount of $3,500,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.00, by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Crescent Banking Co)

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Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent Agents executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 90 Capital Securities having an aggregate Liquidation Amount of $3,500,000.004,500,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.00, 4,500,000.00 by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (CCF Holding Co)

Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent Agents executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 112 Capital Securities having an aggregate Liquidation Amount of $3,500,000.005,600,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.00, 5,600,000.00 by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Southern Community Bancshares Inc /Ga)

Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 25,000 Capital Securities having an aggregate Liquidation Amount of $3,500,000.0025,000,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.00, 25,000,000.00 by the Property Trustee, subject to any discounts extended to the purchasers of the Capital.

Appears in 1 contract

Samples: Trust Agreement (Gainsco Inc)

Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent Agents executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 160 Capital Securities having an aggregate Liquidation Amount of $3,500,000.008,000,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.00, 8,000,000.00 by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Crescent Banking Co)

Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 18,000 Capital Securities having an aggregate Liquidation Amount of $3,500,000.0018,000,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.00, 18,000,000.00 by the Property Trustee, subject to any discounts extended to the purchasers of the Capital.

Appears in 1 contract

Samples: Trust Agreement (Gainsco Inc)

Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, Trust and the Placement Agent executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 80 Capital Securities having an aggregate Liquidation Amount of $3,500,000.004,000,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.004,000,000.00, by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (CCF Holding Co)

Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 5,000 Capital Securities having an aggregate Liquidation Amount of $3,500,000.005,000,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.00, 5,000,000.00 by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Assuranceamerica Corp)

Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent Agents executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 110 Capital Securities having an aggregate Liquidation Amount of $3,500,000.005,500,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.00, 5,500,000.00 by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Mountain National Bancshares Inc)

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Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent Agents executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 140 Capital Securities having an aggregate Liquidation Amount of $3,500,000.007,000,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.00, 7,000,000.00 by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Auburn National Bancorporation Inc)

Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 280 Capital Securities having an aggregate Liquidation Amount of $3,500,000.0014,000,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.0014,000,000.00, by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Peoples Bancorp of North Carolina Inc)

Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 200 Capital Securities having an aggregate Liquidation Amount of $3,500,000.0010,000,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.0010,000,000.00, by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Florida Community Banks Inc)

Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent Agents executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 80 Capital Securities having an aggregate Liquidation Amount of $3,500,000.004,000,000, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.004,000,000, by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Alabama National Bancorporation)

Issuance of the Restricted Capital Securities. The Depositor, the Issuer Trust, and the Placement Agent Agents executed and delivered the Placement Agreement pursuant to the Original Trust Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Clearing Agency or its custodian, a Global Capital Securities Certificate, registered in the name of Cede & Co., in an aggregate amount of 70 80 Capital Securities having an aggregate Liquidation Amount of $3,500,000.005,500,000.00, against receipt of the aggregate purchase price of such Capital Securities of $3,500,000.00, 5,500,000.00 by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Community Financial Holding Co Inc)

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