Purchase Permitted by Applicable Laws; Legal Investment. The purchase of and payment for the Capital Securities as described in this Agreement and pursuant to the Subscription Agreement shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchaser or the Placement Agents to any penalty or, in the reasonable judgment of the Purchaser and the Placement Agents, other onerous conditions under or pursuant to any applicable law or governmental regulation, and (c) be permitted by the laws and regulations of the jurisdictions to which the Purchaser and the Placement Agents are subject.
Appears in 39 contracts
Samples: Subscription Agreement (Capstead Mortgage Corp), Employment Agreement (United Bancshares Inc/Oh), Subscription Agreement (Sterling Financial Corp /Pa/)
Purchase Permitted by Applicable Laws; Legal Investment. The purchase of and payment for the Capital Preferred Securities as described in this Agreement and pursuant to the Subscription Agreement shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchaser or the Placement Agents Agent to any penalty or, in the reasonable judgment of the Purchaser and the Placement AgentsAgent, other onerous conditions under or pursuant to any applicable law or governmental regulation, and (c) be permitted by the laws and regulations of the jurisdictions to which the Purchaser and the Placement Agents Agent are subject.
Appears in 8 contracts
Samples: Placement Agreement (Southcoast Financial Corp), Placement Agreement (Horizon Bancorp /In/), Placement Agreement (Hersha Hospitality Trust)
Purchase Permitted by Applicable Laws; Legal Investment. The purchase of and payment for the Capital Securities as described in this Agreement and pursuant to the Subscription Agreement Agreements shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchaser Purchasers or the Placement Agents to any penalty or, in the reasonable judgment of the Purchaser Purchasers and the Placement Agents, other onerous conditions under or pursuant to any applicable law or governmental regulation, and (c) be permitted by the laws and regulations of the jurisdictions to which the Purchaser Purchasers and the Placement Agents are subject.
Appears in 6 contracts
Samples: Subscription Agreement (Capstead Mortgage Corp), Subscription Agreement (Capstead Mortgage Corp), Subscription Agreement (Ameris Bancorp)
Purchase Permitted by Applicable Laws; Legal Investment. The purchase of and payment for the Capital Securities as described in this Agreement and pursuant to the Subscription Agreement shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchaser or the Placement Agents to any penalty or, in the reasonable judgment of the Purchaser and the Placement Agents, other onerous conditions condition under or pursuant to any applicable law or governmental regulation, and (c) be permitted by the laws and regulations of the jurisdictions to which the Purchaser and the Placement Agents are subject.
Appears in 4 contracts
Samples: Subscription Agreement (Coast Bancorp/Ca), Subscription Agreement (Americanwest Bancorporation), Placement Agreement (First Financial Bancorp /Ca/)
Purchase Permitted by Applicable Laws; Legal Investment. The ---------------------------------------------------------- purchase of and payment for the Capital Securities as described in this Agreement and pursuant to the Subscription Agreement shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchaser or the Placement Agents to any penalty or, in the reasonable judgment of the Purchaser and the Placement Agents, other onerous conditions under or pursuant to any applicable law or governmental regulation, and (c) be permitted by the laws and regulations of the jurisdictions to which the Purchaser and the Placement Agents are subject.
Appears in 2 contracts
Samples: Subscription Agreement (First Banks, Inc), Subscription Agreement (First Banks, Inc)
Purchase Permitted by Applicable Laws; Legal Investment. The purchase of and payment for the Capital Securities as described in this Agreement and pursuant to the Subscription Agreement shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchaser or the Placement Agents Agent to any penalty or, in the reasonable judgment of the Purchaser and the Placement AgentsAgent, other onerous conditions under or pursuant to any applicable law or governmental regulation, and (c) be permitted by the laws and regulations of the jurisdictions to which the Purchaser and the Placement Agents Agent are subject.
Appears in 1 contract
