Common use of Placement Agents' Compensation Clause in Contracts

Placement Agents' Compensation. Because the proceeds from the sale ------------------------------ of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to Keefe, Bruyette & Woods, Inc. Such amount shall be delivered to xxx Trxxxxx xr sxxx other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Samples: Subscription Agreement (Florida Banks Inc)

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Placement Agents' Compensation. Because the proceeds from the sale ------------------------------ of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $30.00 9.50 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $15.00 4.75 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $15.00 4.75 for each $1,000.00 of principal amount of Debentures shall be payable to Keefe, Bruyette & Woods, Inc. Such amount shall be delivered to xxx Trxxxxx xr sxxx other person the Txxxxxe xx xxxx othxx xxrson designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Samples: Subscription Agreement (Firstfed Bancorp Inc)

Placement Agents' Compensation. Because the proceeds from the sale ------------------------------ of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to Keefe, Bruyette & Woods, Inc. Such amount shall be delivered to xxx Trxxxxx xr sxxx other person the Xxxxtee xx xxxx otxxx xerson designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Samples: Stewardship Financial Corp

Placement Agents' Compensation. Because the proceeds from the sale ------------------------------ of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to Keefe, Bruyette & Woods, Inc. Such amount shall be delivered to xxx Trxxxxx xr sxxx the Ixxxxxutxxxxx Xxustxx xx such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Samples: Placement Agreement (Pxre Group LTD)

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Placement Agents' Compensation. Because the proceeds from the sale ------------------------------ of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to Keefe, Bruyette & Woods, Inc. Such amount shall be delivered to xxx Trxxxxx xr sxxx deliverex xx the Truxxxx xx xxxh other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Samples: Placement Agreement (City Savings Financial Corp)

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