Maximum Number of Shares. The Trust shall not purchase Shares with proceeds of the Trust Loan in excess of 8% of the outstanding Shares of the Company at the time of purchase.
Appears in 3 contracts
Samples: Exempt Loan and Share Purchase Agreement (River Valley Bancorp), Exempt Loan and Share Purchase Agreement (Citizens Bancorp), Exempt Loan and Share Purchase Agreement (Citizens Bancorp)
Maximum Number of Shares. The Trust shall not purchase Shares with proceeds of the Trust Loan in excess of the lesser of 8% of the outstanding Shares of the Company at the time of purchasepurchase and 184,000 Shares.
Appears in 2 contracts
Samples: Exempt Loan and Share Purchase Agreement (Union Community Bancorp), Exempt Loan and Share Purchase Agreement (Union Community Bancorp)
Maximum Number of Shares. The Trust shall not purchase Shares with proceeds of the Trust Loan in excess of 8% of the outstanding Shares of the Company at the time of purchase132,250 Shares.
Appears in 1 contract
Samples: Exempt Loan and Share Purchase Agreement (Third Century Bancorp)
Maximum Number of Shares. The Trust shall not purchase Shares with proceeds of the Trust Loan in excess of the lesser of 8% of the outstanding Shares of the Company at the time of purchasepurchase and 160,000 Shares.
Appears in 1 contract
Samples: Exempt Loan and Share Purchase Agreement (Union Community Bancorp)
