FORWARD DELIVERY AND PURCHASE AGREEMENTForward Delivery and Purchase Agreement • May 5th, 2020 • Texas
The undersigned, Frost Bank, a Texas state bank (the “Bank”), acting on its own behalf and not acting as a fiduciary or agent for you, offers to enter into this Forward Delivery and Purchase Agreement (this “Agreement”) with the City of Galveston, Texas (the “Issuer”), for the purchase by the Bank and sale by the Issuer of the Note specified below. This offer is made subject to the Issuer’s written acceptance on or before 11:00 p.m., Galveston, Texas time, on the date first written above, and upon such acceptance this Agreement shall be in full force and effect in accordance with its terms and shall be binding upon the Issuer and the Bank.
FIRST AMENDMENT TO FORWARD DELIVERY AND PURCHASE AGREEMENTForward Delivery and Purchase Agreement • April 19th, 2023 • Texas
THIS FIRST AMENDMENT TO FORWARD DELIVERY AND PURCHASE AGREEMENT (this “First Amendment”), dated and effective as of July 1, 2023, is among the CITY OF GALVESTON, TEXAS (the “Issuer”), REGIONS COMMERCIAL EQUIPMENT FINANCE, LLC, an Alabama limited liability company and its successors and assigns (“Taxable Lender”) and REGIONS CAPITAL ADVANTAGE, INC., a Tennessee corporation and its successors and assigns (“Tax-Exempt Lender” together with Taxable Lender, “Lenders”).
FORWARD DELIVERY AND PURCHASE AGREEMENTForward Delivery and Purchase Agreement • May 5th, 2020 • Texas
The undersigned, Regions Capital Advantage, Inc., a Tennessee corporation (the “Tax-Exempt Lender”), and Regions Commercial Equipment Finance, LLC, an Alabama limited liability company (the “Taxable Lender”) each acting on its own behalf and not acting as a fiduciary or agent for you, offers to enter into this Forward Delivery and Purchase Agreement (this “Agreement”) with the City of Galveston, Texas (the “Issuer”), for the purchase by the Tax-Exempt Lender for the Tax-Exempt Notes (as defined herein) and the Taxable Lender for the Taxable Notes (as defined herein) and sale by the Issuer of the Notes specified below. This offer is made subject to the Issuer’s written acceptance on or before 11:00 p.m., Galveston, Texas time, on the date first written above, and upon such acceptance this Agreement shall be in full force and effect in accordance with its terms and shall be binding upon the Issuer, Tax-Exempt Lender and Taxable Lender.
