Common use of Sale of Purchaser Securities Clause in Contracts

Sale of Purchaser Securities. Preferred Term Securities XX, Ltd. shall have sold securities issued by it in an amount such that the net proceeds of such sale shall be (i) available on the Closing Date and (ii) in an amount sufficient to purchase that portion of the Capital Securities Preferred Term Securities XX, Ltd. agrees to purchase pursuant to the Subscription Agreement to be entered into by it and all other capital or similar securities contemplated to be purchased by Preferred Term Securities XX, Ltd. in agreements similar to this Agreement and the Subscription Agreement to be entered into by it.

Appears in 2 contracts

Samples: Placement Agreement (Capstead Mortgage Corp), Placement Agreement (Capstead Mortgage Corp)

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Sale of Purchaser Securities. Preferred Term Securities XXXXI, ----------------------------- Ltd. shall have sold securities issued by it in an amount such that the net proceeds of such sale shall be (i) available on the Closing Date and (ii) in an amount sufficient to purchase that portion of the Capital Securities Preferred Term Securities XXXXI, Ltd. agrees to purchase pursuant to the Subscription Agreement to be entered into by it and all other capital or similar securities contemplated to be purchased by Preferred Term Securities XXXXI, Ltd. in agreements similar to this Agreement and the Subscription Agreement to be entered into by it.

Appears in 1 contract

Samples: Placement Agreement (First Banks Inc)

Sale of Purchaser Securities. Preferred Term Securities XXXXVII, ----------------------------- Ltd. shall have sold securities issued by it in an amount such that the net proceeds of such sale shall be (i) available on the Closing Date and (ii) in an amount sufficient to purchase that portion of the Capital Securities Preferred Term Securities XXXXVII, Ltd. agrees to purchase pursuant to the Subscription Agreement to be entered into by it and all other capital or similar securities contemplated to be purchased by Preferred Term Securities XXXXVII, Ltd. in agreements similar to this Agreement and the Subscription Agreement to be entered into by it.

Appears in 1 contract

Samples: Placement Agreement (First Banks, Inc)

Sale of Purchaser Securities. Preferred Term Securities XXXIV, Ltd. shall have sold securities issued by it in an amount such that the net proceeds of such sale shall be (i) available on the Closing Date and (ii) in an amount sufficient to purchase that portion of the Capital Securities Preferred Term Securities XXXIV, Ltd. agrees to purchase pursuant to the Subscription Agreement to be entered into by it and all other capital or similar securities contemplated to be purchased by Preferred Term Securities XXXIV, Ltd. in agreements similar to this Agreement and the Subscription Agreement to be entered into by it.

Appears in 1 contract

Samples: Placement Agreement (Taylor Capital Group Inc)

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Sale of Purchaser Securities. Preferred Term Securities XXX, Ltd. shall have sold securities issued by it in an amount such that the net proceeds of such sale shall be (i) available on the Closing Date and (ii) in an amount sufficient to purchase that portion of the Capital Securities Preferred Term Securities XXX, Ltd. agrees to purchase pursuant to the Subscription Agreement to be entered into by it and all other capital or similar securities contemplated to be purchased by Preferred Term Securities XXX, Ltd. in agreements similar to this Agreement and the Subscription Agreement to be entered into by it.

Appears in 1 contract

Samples: Placement Agreement (Citizens Banking Corp)

Sale of Purchaser Securities. Preferred Term Securities XXXXIV, ---------------------------- Ltd. shall have sold securities issued by it in an amount such that the net proceeds of such sale shall be (i) available on the Closing Date and (ii) in an amount sufficient to purchase that portion of the Capital Securities Preferred Term Securities XXXXIV, Ltd. agrees to purchase pursuant to the Subscription Agreement to be entered into by it and all other capital or similar securities contemplated to be purchased by Preferred Term Securities XXXXIV, Ltd. in agreements similar to this Agreement and the Subscription Agreement to be entered into by it.

Appears in 1 contract

Samples: Placement Agreement (First Banks, Inc)

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