Agreement to Issue Shares. Within five (5) business days of Closing, and on the terms and subject to the conditions set forth in this Agreement, the Company shall have issued to each Buyer, and each Buyer (severally) shall purchase and accept from the Company, the number of shares of common stock of the Company (the "Common Stock") as set forth beside its name on Schedule I (as issued to all Buyers, collectively, the "Shares"); provided, however, that in the case of Aspect and Special Situations, the Company shall issue each such Buyer's shares concurrent with its delivery of such Buyer's share of the Purchase Price to the Company, which shall occur within thirty (30) days after Closing.
Agreement to Issue Shares. (a) UEC hereby agrees that UEC will issue and deliver UEC Shares on behalf of UEX upon any Warrantholder’s exercise of a UEX Warrant on the basis set out in this First Supplemental Indenture, with the intent and to the extent that any and all such obligations of UEX in respect of the issuance and delivery of Warrant Shares under the Indenture will be satisfied by the issuance or delivery by UEC of 0.09 of a UEC Share for each UEX Share.
(b) Where the Base Indenture refers to Common Shares or an obligation of UEX to issue or deliver Common Shares, the provisions of the Base Indenture will be read mutatis mutandis to reflect that UEC will issue or deliver UEC Shares and not UEX and that references in the Base Indenture to the Common Shares will mean the UEC Shares, references to the holders of Common Shares will refer to the holders of UEC Shares, and references to the Corporation having an obligation to issue or deliver Common Shares will refer to UEC having an obligation to issue or deliver UEC Shares, as applicable.
(c) Any issuance or delivery of UEC Shares by UEC pursuant to this First Supplement Indenture will be treated, for the purposes of the Base Indenture, as if issued or delivered by UEX and will have the same effect under the Base Indenture as if made by UEX.
Agreement to Issue Shares. Subject to the terms and conditions of this Agreement, Cytta agrees to issue 50,000 Shares of Cytta Series D Preferred Stock (the “Cytta Shares”) to UNIFIED, free and clear of any and all encumbrances.
Agreement to Issue Shares. 26 SECTION 6. CONDITIONS.............................................................. 27 6.1 Conditions to the Obligations of Buyer.................................. 27 6.2 Conditions to the Obligations of the Stockholders and the Management Holders................................................................. 28
Agreement to Issue Shares. Buyer agrees that, immediately prior to the Closing, it shall issue shares of its common stock to the Company, such shares to be all of the issued and outstanding capital stock of Buyer, and the Company agrees that, in return for the issuance of such shares, it will (i) make a capital contribution to Buyer of all the issued and outstanding shares of capital stock of Aetna and (ii) simultaneously with the Closing, issue, on behalf of Buyer, the Deferred Obligations.
Agreement to Issue Shares. In the event of notice by the Pledgor of either (i) a foreclosure and sale by the Pledgee following an "event of Default" as that term is defined in the Pledge Agreement or (ii) refusal by the Pledgee to release the Pledged Shares within 120 days of the effective date of this agreement, the Company agrees to replace any Pledged Shares which are so forfeited or not returned by the Pledgors by issuing to the Pledgors a number of shares of Common Stock equal to the number of Pledged Shares forfeited or not returned. The Company will issue such replacement shares within three (3) business days of the date the Company receives notice from the Pledgors of the forfeiture of the Pledged Shares.
Agreement to Issue Shares. In consideration for the making of the Loan, the Company hereby agrees to issue to the Purchaser __________ shares of the Company’s common stock (the "Shares"). The number of shares issued is based upon the issuance of 20,000 shares for each $100,000 face value of the Notes. In addition, in the event that the Loan is not paid in full on or prior to the six month anniversary of the Maturity Date (as defined in the Note), then the Company shall issue to the Purchaser an additional 20,000 shares of common stock of the Company for each $100,000 face value of the Notes.
Agreement to Issue Shares. In consideration for the Sale, the Company hereby agrees to issue to the Purchaser One Million Six Hundred Thousand (1,600,000) shares of the Company’s common stock (the “Shares”). The Company agrees to issue the Shares directly to Purchaser’s principals. The shares shall be valued at $2.65 per share for accounting purposes.
Agreement to Issue Shares. In consideration of Seller’s willingness to agree to Section 2 hereof, Purchaser agrees to issue 2,000,000 shares of Common Stock (the “Shares”) to Seller. Such grant of Shares shall be irrevocable; provided, however, that, as applicable, Seller shall apply the Shares received towards any future Common Stock issuance obligation on the part of Purchaser arising under or with respect to the Purchase Agreement. Purchaser shall issue the Shares to Seller upon the later of (a) January 1, 2013 and (b) Seller’s written request therefor. The issuance of the Shares shall be subject to Section 1.6(E) of the Purchase Agreement, and Seller shall also be bound by Section 1.5(A)(1) with respect to the Shares it receives.
Agreement to Issue Shares. Subject to the terms and conditions of this Agreement, Global agrees to issue 10,000 Global Shares to HTC, free and clear of any and all encumbrances.