Stock Purchase. On the terms and subject to the conditions of this Agreement, the Buyer agrees to purchase from each of the Sellers, and each of the Sellers agrees to sell to the Buyer, the Shares owned by such Seller, free and clear of all Encumbrances, which Shares collectively constitute and shall constitute as of the Closing Date all of the issued and outstanding shares of the capital stock of the Company, for the consideration specified in Section 1.2.
Stock Purchase. Substantially contemporaneously with the Commencement Date, Executive shall purchase the number of shares of Common Stock of the Company specified in the Subscription Agreement related to the purchase of such shares, to be entered into by Executive and the Company (the “Subscription Agreement”). The terms and conditions of such purchase shall be as set forth in the Subscription Agreement, and such shares shall be subject to the limitations and restrictions, including, without limitation, the restrictions on transfer and the put and call rights set forth in the Stockholders Agreement.
Stock Purchase. Buyer hereby agrees to purchase from Seller and Seller agrees to sell to Buyer all of the Seller Stock in exchange for an aggregate purchase price of Seventeen Thousand Five Hundred Thousand Dollars ($17,500.00) (the “Purchase Price”). The closing of the purchase and sale of the Seller Stock (the “Closing”) will occur contemporaneously with the full execution of this Agreement. At the Closing, the Buyer will deliver to Seller the amount of the Purchase Price by wire transfer pursuant to the following wire instructions: Wxxxx Fargo Bank ABA # 121 000 248 Swift Code #WXXXXX0X (International Wires Only) Account # 043 526 4775 Account Name: Exxx X. Xxxxxx 3000 Xxx Xxx Xxxxxxx Xxxx Xxx Xxxxx, XX 00000 800-000-0000 As soon as practical following the Closing, Seller will deliver to the Company each certificate representing the Seller Stock so as to transfer the Seller Stock to Buyer.
Stock Purchase. The Institution unconditionally agrees that whenever it receives an Advance or transacts any other business with FHLBank, it shall purchase Capital Stock as and when required by FHLBank’s Capital Plan, Member Products Policy, and any applicable laws, Regulations, resolutions of FHLBank’s board of directors and provisions of FHLBank’s Organization Certificate or bylaws, all as in effect at the time the Advance or other transaction is entered into (or, if at that time FHLBank does not have a Capital Plan, any other plans or policies of FHLBank governing Capital Stock and capital structure). The Institution authorizes FHLBank to effect such purchase by exchanging shares of classes of Capital Stock held by the Institution and/or debiting the Institution’s accounts at FHLBank in accordance with such Capital Plan, Member Products Policy, and any applicable laws, Regulations, resolutions of FHLBank’s board of directors and provisions of FHLBank’s Organization Certificate or bylaws, as amended. SECURITY AGREEMENT
Stock Purchase. On and subject to the terms and conditions set forth in this Agreement, on the Closing Date, Buyer will purchase from each Seller, and each Seller will sell and transfer to Buyer, all of the Securities owned by such Seller as such ownership is set forth on Schedule 1.1 attached hereto (the “Securities Ownership Schedule”), free and clear of all liens, charges, security interests and other encumbrances.
Stock Purchase. At the Closing (as hereinafter defined), subject to the terms and conditions herein contained, the Seller shall sell, convey, transfer, assign and deliver to the Buyer, and the Buyer shall purchase and acquire, the Shares, together with all rights and interests associated therewith.
Stock Purchase. Consultant shall have the right to purchase -------------- 2,250,000 shares of the Company's common shares at an exercise price of USD $.04 per share. Consultant's rights regarding these shares shall vest immediately upon execution of this Agreement and receipt of the stock purchase amount by the Company.
Stock Purchase. On the terms set forth in this Agreement, at the closing of the transactions contemplated herein on the date hereof (the "Closing"), Purchaser agrees to purchase from Seller, and Seller agrees to sell, transfer, convey and deliver to Purchaser, free and clear of any Liens, all of the outstanding shares of Company Stock owned by Seller.
Stock Purchase. The Executive shall have the right to purchase Six Hundred Fifty Thousand (650,000) shares of the Common Stock of the Corporation in accordance with the Stock Purchase Agreement attached hereto as Exhibit I.
Stock Purchase. On the Effective Date, GSK will purchase 4,000,000 shares of Theravance Series E Preferred Stock at a price of U.S.$10.00 per share for total consideration of Forty Million United States Dollars (U.S. $40,000,000). Such purchase will be made pursuant to the Preferred Stock Purchase Agreement attached hereto as Schedule 6.1.2.
