Common use of Nature and Purchase of Firm Shares Clause in Contracts

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters an aggregate of 280,000 shares (the “Firm Shares”) of the Company’s “13.00% Series A Cumulative Redeemable Perpetual Preferred Stock” (the “Preferred Stock”).

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters Underwriters, an aggregate of 280,000 1,000,000 shares (the “Firm Shares”) of the Company’s “13.00its 8.25% Series A B Cumulative Redeemable Perpetual Preferred Stock” , par value $0.0001 per share (the “Series B Preferred Stock”).

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters Underwriters, an aggregate of 280,000 700,000 shares (the “Firm Shares”) of the Company’s “13.009.375% Series A D Cumulative Redeemable Perpetual Preferred Stock” , par value $0.01 per share (the “Series D Preferred Stock”).

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters Underwriters, an aggregate of 280,000 123,423 shares (the “Firm Shares”) of the Company’s “13.00% Series A D Cumulative Redeemable Perpetual Preferred Stock” (the “Preferred Stock”). The offering and sale of the Firm Shares is hereinafter referred to as the “Offering.”

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters Underwriters, an aggregate of 280,000 shares (the “Firm Shares”) of the Company’s “13.00its 8.25% Series A B Cumulative Redeemable Perpetual Preferred Stock” Stock (which we refer to as the “Series B Preferred Stock”).

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters Underwriters, an aggregate of 280,000 109,054 shares (the “Firm Shares”) of the Company’s “13.009.375% Series A D Cumulative Redeemable Perpetual Preferred Stock” , par value $0.01 per share (the “Series D Preferred Stock”).

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters Underwriters, an aggregate of 280,000 144,000 shares (the “Firm Shares”) of the Company’s “13.00% Series A D Cumulative Redeemable Perpetual Preferred Stock” (the “Preferred Stock”). The offering and sale of the Firm Shares is hereinafter referred to as the “Offering.”

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters Underwriters, an aggregate of 280,000 800,000 shares (the “Firm Shares”) of the Company’s “13.009.375% Series A D Cumulative Redeemable Perpetual Preferred Stock” , par value $0.01 per share (the “Series D Preferred Stock”).

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters Underwriters, an aggregate of 280,000 1,097,200 shares (the “Firm Shares”) of the Company’s “13.008.75% Series A Cumulative Redeemable Perpetual Preferred Stock” (the “Preferred Stock”).