Common use of Minimum Gross Proceeds Clause in Contracts

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with the Closing) gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement), at a price per share equal to the Purchase Price, in an aggregate amount of not less than $75,000,000.

Appears in 6 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement (Origin Bancorp, Inc.), Securities Purchase Agreement (Origin Bancorp, Inc.)

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Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement sale of Shares of at least $125,000,000 pursuant to this Agreement (including, without limitationfor the avoidance of doubt, the sale sales of the Shares to the Purchaser pursuant to this AgreementAdditional Purchasers), at a price per share equal to the Purchase Price, in an aggregate amount of not less than $75,000,000.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Republic First Bancorp Inc), Securities Purchase Agreement (Republic First Bancorp Inc)

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement)of at least $14,411,653, at a price per share equal to the Purchase Price, in and shall simultaneously issue and deliver at the Closing to the Purchasers hereunder an aggregate amount number of not less than $75,000,000Shares equal to such gross proceeds divided by the Purchase Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (Fidelity Southern Corp)

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement)of at least $13.0 million, at a price per share equal to the Purchase Price, in and shall simultaneously issue and deliver at the Closing to the Purchasers hereunder an aggregate amount number of not less than $75,000,000Shares equal to such gross proceeds divided by the Purchase Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (Codorus Valley Bancorp Inc)

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement), of $15,000,001.73 at a price per share equal to the Purchase Price, in and shall simultaneously issue and deliver at the Closing to the Purchasers hereunder an aggregate amount number of not less than $75,000,000Shares equal to such gross proceeds divided by the Purchase Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (Castle Creek Capital Partners V, LP)

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement)of at least $12.7 million, at a price per share equal to the Purchase Price, in and shall simultaneously issue and deliver at the Closing to the Purchasers hereunder an aggregate amount number of not less than $75,000,000Shares equal to such gross proceeds divided by the Purchase Price.

Appears in 1 contract

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

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with the Closing) gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement)Common Shares, at a price per share equal to the Purchase Price, in an aggregate amount of not less than $75,000,00016,292,751.50.

Appears in 1 contract

Samples: Securities Purchase Agreement (First NBC Bank Holding Co)

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Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement), of at least $10,000,000 at a price per share equal to the Purchase Price, in and shall simultaneously issue and deliver at the Closing to the Purchasers hereunder an aggregate amount number of not less than $75,000,000Shares equal to such gross proceeds divided by the Purchase Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (Castle Creek Capital Partners VI, LP)

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, sales of Shares to the Purchasers and the sale of the Shares shares of Common Stock to the Purchaser pursuant to this Agreement)Other Investors of at least $18.0 million, at a price per share equal to not less than the Purchase Price, in an aggregate amount of not less than $75,000,000.

Appears in 1 contract

Samples: Share Purchase Agreement (Saratoga Resources Inc /Tx)

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement)of at least $6.0 million, at a price per share equal to the Purchase Price, in and shall simultaneously issue and deliver at the Closing to the Purchasers hereunder an aggregate amount number of not less than $75,000,000Shares equal to such gross proceeds divided by the Purchase Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (MidWestOne Financial Group, Inc.)

Minimum Gross Proceeds. The Company shall have received (or shall receive concurrently with at the Closing) Closing aggregate gross proceeds from the Private Placement (including, without limitation, the sale of the Shares to the Purchaser pursuant to this Agreement)of at least $6,197,500, at a price per share equal to the Purchase Price, in and shall simultaneously issue and deliver at the Closing to the Purchasers hereunder an aggregate amount number of not less than $75,000,000Shares equal to such gross proceeds divided by the Purchase Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bankwell Financial Group, Inc.)

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