Common Contracts
2 similar Underwriting Agreement contracts by First Busey Corp /Nv/, Level One Bancorp Inc
1,000,000 Depositary Shares Each Representing a 1/100th Interest in a Share of Level One Bancorp, Inc. UNDERWRITING AGREEMENTUnderwriting Agreement • August 13th, 2020 • Level One Bancorp Inc • State commercial banks • New York
Level One Bancorp, Inc., a Michigan corporation (the “Company”), proposes to (i) issue and sell to Piper Sandler & Co. (“Piper Sandler” or the “Underwriter” or “you”), 1,000,000 depositary shares (the “Initial Depositary Shares”), each such depositary share representing ownership of a 1/100th interest in a share of the Company’s 7.50% Non-Cumulative Perpetual Preferred Stock, Series B, no par value per share (the “Preferred Stock”), and (ii) grant to the Underwriter the option described in Section 2(b) hereof to purchase all or any part of 150,000 additional depositary shares (the “Option Depositary Shares” and together with the Initial Depositary Shares, the “Depositary Shares”). Shares of Preferred Stock will, when issued, be deposited by the Company against delivery of depositary receipts (“Depositary Receipts”) to be issued by Continental Stock Transfer & Trust Company, as depositary (the “Depositary”) under the Deposit Agreement, to be dated as of the Closing Date (as hereinafter
UNDERWRITING AGREEMENTUnderwriting Agreement • June 1st, 2020 • First Busey Corp /Nv/ • State commercial banks • New York
First Busey Corporation, a Nevada corporation (the “Company”), proposes to issue and sell to the several underwriters named in Schedule A (the “Underwriters” or “you”) $125.0 million aggregate principal amount of its 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Securities”). Piper Sandler & Co. (“Piper”) has agreed to act as representative of the several Underwriters (in such capacity, the “Representative”) in connection with the offering and sale of the Securities. The Securities are to be issued pursuant to an Indenture between the Company, as issuer, and U.S. Bank National Association, as the trustee (the “Trustee”), dated as of May 25, 2017 (“Base Indenture”), as amended and supplemented by a third supplemental indenture between the Company and the Trustee, dated as of June 1, 2020 (“Third Supplemental Indenture” and together with the Base Indenture, the “Indenture”).
