Sponsor's Purchase of Common Securities. On the Closing Date, the Sponsor will purchase all of the Common Securities issued by the Trust in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Securities are sold.
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Samples: Declaration of Trust (State National Bancshares, Inc.), Declaration of Trust (Coast Bancorp/Ca), Declaration of Trust (First Community Bancorp /Ca/)
Sponsor's Purchase of Common Securities. On the Closing Date, Date the Sponsor will purchase all of the Common Securities issued by the Trust Trust, in an amount equal to at least equal to 3% of the capital of the Trust, at the same time as the Capital Preferred Securities are sold.
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Sponsor's Purchase of Common Securities. On the Closing Date, Date the Sponsor will purchase all of the Common Securities issued by the Trust Trust, in an amount at least equal to 33.0% of the capital of the Trust, at the same time as the Capital Preferred Securities are sold.
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Sponsor's Purchase of Common Securities. On the Closing Date, Date the Sponsor will purchase all of the Common Securities issued by the Trust Trust, in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Trust Preferred Securities are sold.
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Sponsor's Purchase of Common Securities. On the Closing Date, the Sponsor will purchase all of the Common Securities issued by the Trust Trust, in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Preferred Securities are sold.
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Sponsor's Purchase of Common Securities. On the Closing DateDate at the same time as the Preferred Securities are sold, the Sponsor will purchase all of the Common Securities issued by the Trust Trust, in an amount at least equal to 3% of the aggregate capital of the Trust, at the same time as the Capital Securities are soldTrust after giving effect to such sale of Preferred Securities.
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Sponsor's Purchase of Common Securities. On the Closing Date, Date the Sponsor will purchase all of the Common Securities issued by the Trust Trust, in an amount equal to at least equal to 3% of the capital of the Trust, at the same time as the Capital Securities are sold.
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Sponsor's Purchase of Common Securities. On the Closing ---------------------------------------- Date, the Sponsor will purchase all of the Common Securities issued by the Trust in an amount at least equal to 3% of the capital of the Trust, at the same time as the Capital Securities are sold.
Appears in 1 contract
Samples: Declaration of Trust (Community Capital Bancshares Inc)
Sponsor's Purchase of Common Securities. On the Closing Date, Date the Sponsor will purchase all an amount of the Common Securities issued by the Trust in an such that the aggregate liquidation amount of such Common Securities purchased by the Sponsor shall at such date equal at least equal to 3% of the total capital of the Trust, at the same time as the Capital Securities are sold.
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Samples: Declaration of Trust (Zenith National Insurance Corp)
Sponsor's Purchase of Common Securities. On the Closing Date, Date the Sponsor will purchase all of the Common Securities issued by the Trust Trust, in an amount equal to at least equal to 3% of the capital of the Trust, at the same time as the Capital Securities are sold.
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Samples: Indenture (Land O Lakes Inc)
Sponsor's Purchase of Common Securities. On the Closing Date, Date the Sponsor will purchase all an amount of the Common Securities issued by the Trust in an such that the aggregate liquidation amount of such Common Securities purchased by the Sponsor shall at least such date equal to 3% of the total capital of the Trust, at the same time as the Capital Securities are sold.
Appears in 1 contract
Samples: Issuer Tender Offer Statement