Purchaser Notification. Prior to or contemporaneously with the purchase of the Capital Securities by the Purchaser, the Placement Agent will take reasonable steps to inform the Purchaser that the Capital Securities (A) have not been and will not be registered under the 1933 Act, (B) are being sold to them without registration under the 1933 Act in accordance with an exemption from registration under the 1933 Act and (C) may not be offered, sold or otherwise transferred except in accordance with the legend set forth in the Declaration.
Appears in 3 contracts
Samples: American Safety Insurance Group LTD, Pxre Group LTD, American Physicians Capital Inc
Purchaser Notification. Prior to or contemporaneously with the purchase of the Capital Securities by the Purchaser, the Placement Agent will take reasonable steps to inform the Purchaser that the Capital Securities (A) have not been and will not be registered under the 1933 Act, (B) are being sold to them without registration under the 1933 Act in accordance with an exemption from from, or in a transaction not subject to, the registration under requirements of the 1933 Act and (C) may not be offered, sold or otherwise transferred except in accordance with the legend set forth in the DeclarationAnnex E hereto.
Appears in 3 contracts
Samples: Placement Agreement (Northeast Bancorp /Me/), Placement Agreement (Lakeland Bancorp Inc), Horizon Bancorp /In/
Purchaser Notification. Prior to or contemporaneously with the purchase of the Capital Securities by the Purchaser, the Placement Agent will take reasonable steps to inform the Purchaser that the Capital Securities (A) have not been and will not be registered under the 1933 Act, (B) are being sold to them without registration under the 1933 Act in accordance with an exemption from registration under the 1933 Act and (C) may not be offered, sold or otherwise transferred except in accordance with the legend set forth in Section 8.2(c) of the Declaration.
Appears in 2 contracts
Samples: Chandler Usa Inc, Fpic Insurance Group Inc
Purchaser Notification. Prior to or contemporaneously with the purchase of the Capital Securities by the Purchaser, the Placement Agent will take reasonable steps to inform the Purchaser that the Capital Securities (A) have not been and will not be registered under the 1933 Act, (B) are being sold to them without registration under the 1933 Act in accordance with an exemption from registration under the 1933 Act and (C) may not be offered, sold or otherwise transferred except in accordance with the legend set forth in the DeclarationAnnex E hereto.
Appears in 2 contracts
Samples: Chandler Usa Inc, Center Bancorp Inc
