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 Agreements shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchasers or the Placement Agents to any penalty or, in the reasonable judgment of the 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 Purchasers and the Placement Agents are subject.
Appears in 2 contracts
Samples: Placement Agreement (First Banks, Inc), Placement 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 Agreements Agreement shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchasers Purchaser or the Placement Agents to any penalty or, in the reasonable judgment of the Purchasers 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 Purchasers Purchaser and the Placement Agents are subject.
Appears in 2 contracts
Samples: Placement Agreement (First Banks, Inc), Placement 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 Agreements Agreement shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchasers Purchaser or the Placement Agents to any penalty or, in the reasonable judgment of the Purchasers 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 Purchasers Purchaser and the Placement Agents are subject.
Appears in 2 contracts
Samples: Placement Agreement (Florida Banks Inc), Placement Agreement (Community Capital Bancshares 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 Agreements Agreement shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchasers Purchaser or the Placement Agents to any penalty or, in the reasonable judgment of the Purchasers 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 Purchasers Purchaser and the Placement Agents are subject.
Appears in 1 contract
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 Agreements shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchasers or the Placement Agents to any penalty or, in the reasonable judgment of the 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 Purchasers and the Placement Agents are subject.
Appears in 1 contract
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 Agreements Agreement shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchasers Purchaser or the Placement Agents to any penalty or, in the reasonable judgment of the Purchasers 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 Purchasers Purchaser and the Placement Agents are subject.
Appears in 1 contract
Samples: Placement Agreement (Community Capital Bancshares 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 Agreements Agreement shall (a) not be prohibited by any applicable law or governmental regulation, (b) not subject the Purchasers Purchaser or the Placement Agents to any penalty or, in the reasonable judgment of the Purchasers 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 Purchasers Purchaser and the Placement Agents are subject.
Appears in 1 contract