Regulatory Approval and Proposed Purchase of Common Stock by Augusta Group Members Sample Clauses

Regulatory Approval and Proposed Purchase of Common Stock by Augusta Group Members. The Augusta Group shall file all necessary applications and make such other filings with the appropriate state and federal bank regulatory agencies as are necessary to approve the purchase of Common Stock in the Offering by the Augusta Group and each of the members thereof, and shall present proof of such regulatory approval(s)
Sample 1
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Regulatory Approval and Proposed Purchase of Common Stock by Augusta Group Members. Section 1.3 of the Agreement is hereby amended by deleting the second sentence of such section and by substituting the following in lieu thereof: "Upon Georgia-Carolina Bancshares, Inc.'s satisfaction that all necessary regulatory approval(s) have been obtained, and subject to review of a prospectus, Arthxx X. Xxx, Xx., X. Randxx Xxxx, Xxhn X. Xxx xxx Julixx X. Xxxxx xxxll purchase Common Stock in the Offering having an aggregate value greater than or equal to $560,000, each of the aforementioned individuals agreeing to separately purchase Common Stock in the Offering having a value of not less than $50,000; provided however, that the dollar amount of Common Stock to be purchased in the Offering may be reduced once the issue price has been established pursuant to Section 1.6 in order to comply with the 5% restriction in Section 1.4."
Sample 1

Related to Regulatory Approval and Proposed Purchase of Common Stock by Augusta Group Members

  • Company Shareholder Approval The Company Shareholder Approval shall have been obtained.

  • Approval of Shareholders The Trust will call a special meeting of the Acquired Fund Shareholders to consider and act upon this Agreement and to take all other appropriate action necessary to obtain approval of the transactions contemplated herein.

  • Parent Shareholder Approval The Parent Shareholder Approval shall have been obtained.

  • Sale and Purchase of Common Stock 1.1. Subject to the conditions hereof, the Company hereby agrees to issue and sell to Subscriber, and Subscriber hereby agrees to subscribe for and purchase from the Company, for investment, on the Closing Date (as defined below), the number of shares of Common Stock set forth next to Subscriber’s name on Schedule I hereto (the “Shares”) at a purchase price equal to the price per share to the public in the Public Offering, less the underwriting discounts and commission payable to the underwriters in the Public Offering (the “Purchase Price”).

  • Company Stockholder Approval The Company Stockholder Approval shall have been obtained.

  • Approval of Stockholders If an option is granted by this Agreement prior to approval of the stockholders of the Plan, the option granted shall be null and void unless stockholder approval is obtained within twelve months after the Plan was adopted.

  • Shareholder Approvals The Shareholder Approvals shall have been obtained.

  • Stockholder Approvals Each of the Company Stockholder Approval and the Parent Stockholder Approval shall have been obtained.

  • Authorization Purchase and Sale Terms of the Sponsor Warrants A. Authorization of the Sponsor Warrants. The Company has duly authorized the issuance and sale of the Sponsor Warrants to the Purchaser.

  • Purchase and Sale of Common Shares and Warrants (a)Purchase of Common Shares and Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall purchase from the Company on the Closing Date (as defined below), the number of Common Shares as is set forth opposite such Buyer's name in column (4) on the Schedule of Buyers, along with the Warrants to acquire up to that number of Warrant Shares as is set forth opposite such Buyer's name in column (5) on the Schedule of Buyers (the “Closing”).

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