Common use of Purchase Permitted by Applicable Laws; Legal Investment Clause in Contracts

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.

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.

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.

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.

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.

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.