Common use of PURCHASE AND SALE OF CAPITAL SECURITIES Clause in Contracts

PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Agreement, the Purchaser hereby agrees to purchase from the Trust [NUMBER OF CAPITAL SECURITIES] Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on [CLOSING], 2003, or such other business day as may be designated by the Purchaser, but in no event later than [LAST CLOSING], 2003 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.

PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Subscription Agreement, the Purchaser hereby agrees to purchase from the Trust [NUMBER OF CAPITAL SECURITIES] Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on [CLOSING_____________], 20032002, or such other business day as may be designated by the Purchaser, but in no event later than [LAST CLOSING_____________], 2003 2002 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.

PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. 1.1 Upon the execution of this Agreement, the Purchaser hereby subscribes for and agrees to purchase from the Trust [NUMBER OF CAPITAL SECURITIES] Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on [CLOSING], 20032007, or such other business day as may be designated by the Purchaser, but in no event later than [LAST CLOSING], 2003 2007 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.