Subject to the terms and conditions hereof, the Investment Advisers and the Broker-Dealers (on behalf of Purchasers which are Clients and Customers, respectively) and the other Purchasers hereby severally and not jointly agree to purchase from the Company, and the Company agrees to issue and sell to the several Purchasers, the number of Preferred Shares set forth next to such Purchaser's name on Schedule A , Schedule B or Schedule C , as the case may be, at a price per share of $25.50, including accrued dividends from March 1, 2016, for an aggregate purchase amount in an amount as set forth on Schedule D hereof (the " Purchase Price ") at the Closing (as defined below).