Common use of Placement Agents' Compensation Clause in Contracts

Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $10.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $5.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $5.00 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to the Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 2 contracts

Sources: Placement Agreement (Taylor Capital Group Inc), Placement Agreement (Hudson United Bancorp)

Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $10.00 27.50 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $5.00 13.75 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $5.00 13.75 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to the Trustee WTC or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 2 contracts

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

Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $10.00 27.50 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $5.00 13.75 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $5.00 13.75 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to the Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Sources: Placement Agreement (United Bancshares Inc/Oh)

Placement Agents' Compensation. Because the proceeds from the sale ------------------------------ of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $10.00 30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $5.00 15.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $5.00 15.00 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to the Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Sources: Placement Agreement (Florida Banks Inc)

Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $10.00 25.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $5.00 12.50 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $5.00 12.50 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to the Institutional Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Sources: Placement Agreement (American Safety Insurance Holdings LTD)

Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $10.00 27.50 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $5.00 13.75 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $5.00 13.75 for each $1,000.00 of principal amount of Debentures shall be payable to K▇▇▇▇, B▇▇▇▇▇▇▇ & W▇▇▇▇, Inc. Such amount shall be delivered to the Trustee WTC or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Sources: Placement Agreement (Capstead Mortgage Corp)

Placement Agents' Compensation. Because the proceeds from the sale of sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $10.00 22.50 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $5.00 11.25 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $5.00 11.25 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to the Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Sources: Placement Agreement (Redwood Empire Bancorp)

Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $10.00 20.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $5.00 10.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $5.00 10.00 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. Such amount shall be delivered to the Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Sources: Placement Agreement (Merchants Bancshares Inc)

Placement Agents' Compensation. Because the proceeds from the sale ------------------------------ of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $10.00 30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $5.00 15.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $5.00 15.00 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇Keefe, ▇▇▇▇▇▇▇▇ Bruyette & ▇▇▇▇▇Woods, Inc. Such amount shall be delivered to the Trustee or such ▇▇▇ Tr▇▇▇▇▇ ▇r s▇▇▇ other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Sources: Placement Agreement (Florida Banks Inc)

Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $10.00 20.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $5.00 10.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $5.00 10.00 for each $1,000.00 of principal amount of Debentures shall be payable to Keefe, Bruyette & Woods, Inc. Such amount shall be delivered to t▇▇ ▇▇▇▇▇, sti▇▇▇▇▇▇▇▇ & T▇▇▇▇▇, Inc. Such amount shall be delivered to the Trustee e or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Sources: Placement Agreement (Tower Group, Inc.)

Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $10.00 30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $5.00 15.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $5.00 15.00 for each $1,000.00 of principal amount of Debentures shall be payable to ▇▇▇▇▇Keefe, ▇▇▇▇▇▇▇▇ Bruyette & ▇▇▇▇▇Woods, Inc. Such amount shall be delivered to the Trustee or I▇▇▇▇▇ut▇▇▇▇▇ ▇▇ust▇▇ ▇▇ such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.

Appears in 1 contract

Sources: Placement Agreement (Pxre Group LTD)