AGREEMENT TO PURCHASE AND SELL PREFERRED STOCK Sample Clauses

AGREEMENT TO PURCHASE AND SELL PREFERRED STOCK. Upon the terms and subject to the conditions of this Agreement, the Company hereby agrees to sell to the Purchaser at the Closing (as defined below), and the Purchaser agrees to purchase from the Company at the Closing, Sic Hundred Thousand Dollars ($600,000) aggregate purchase price of Preferred Stock, par value $0.001, of the Company having the terms and conditions set forth in the Statement of Determination of Preferences of Series A Non-Voting Convertible Preferred Stock of American Millennium Corporation, Inc. (the "Certificate") substantially in the form attached hereto (the "Shares") at a price per share (the "Per Share Purchase Price") set forth in Section 1.2 below.
Sample 1
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AGREEMENT TO PURCHASE AND SELL PREFERRED STOCK. Upon the terms and subject to the conditions of this Agreement, the Company hereby agrees to sell to the Purchaser at the Closing (as defined below), and the Purchaser agrees to purchase from the Company at the Closing, $150,000,000 aggregate purchase price of Preferred Stock, no par value, of the Company having the terms and conditions set forth in the Certificate of Determination of Preferences of Series A Non-Voting Convertible Preferred Stock of Apple Computer, Inc. (the "Certificate") substantially in the form attached hereto as Exhibit C (the "Shares") at a price per share (the "Per Share Purchase Price") set forth in Section 1.2 below.
Sample 1
AGREEMENT TO PURCHASE AND SELL PREFERRED STOCK. The Company agrees to sell to the Investors, and the Investors agree to purchase from the Company, the Series A Stock at a purchase price of U.S. $65.8979 per share for an aggregate purchase price (the "Series A Purchase Price") of U.S. Two Hundred Forty Thousand Dollars ($240,000). The shares of Series A Stock purchased and sold pursuant to this Agreement will be collectively referred to as the "Purchased Preferred Shares". The Purchased Common Shares and the Purchased Preferred Shares will be collectively referred to as the "Purchased Shares". (a) The Investors shall pay to the Company the Series A Purchase Price in twelve equal aggregate monthly installments of U.S. Twenty Thousand Dollars ($20,000) on or about the first day of each month, each of which payments shall be made against the delivery of (i) a stock certificate issued to and in the name of Planet Zanett, representing two hundred seventy six and eighty three-one hundredths (276.83) shares of the Company's Series A Stock and (ii) a stock certificate issued to and in the name of XXXX representing twenty six and sixty six-one hundredths (26.66) shares of the Company's Series A Stock; and provided further, that the Investors will not be obligated to make any such payments to the Company if as of the date when such payment otherwise would be due there has occurred any event, or exists any condition, circumstance or state of affairs which has had or may have a material adverse effect on the Company's business, assets, operations, financial condition or prospects, taken as a whole, as reasonably determined by Planet Zanett. Payments made pursuant this Section 1.3(a) will be made by check payable to the Company. (b) The shares of Common Stock issuable upon conversion of the Purchased Preferred Shares will be collectively referred to as the "Conversion Shares." 2.
Sample 1
AGREEMENT TO PURCHASE AND SELL PREFERRED STOCK. Upon the terms and subject to the conditions of this Agreement, the Company hereby agrees to sell to the Purchaser at the Closing (as defined below), and the Purchaser agrees to purchase from the Company at the Closing, $200,000,000 aggregate purchase price of Preferred Stock having the terms and conditions set forth in the Certificate of Designation, Preferences and Rights of Series C Convertible Preferred Stock (the "Certificate) in the form attached hereto as Exhibit B (the "Shares") at a price per share (the "Per Share Purchase Price") set forth in Section 1.2 below.
Sample 1

Related to AGREEMENT TO PURCHASE AND SELL PREFERRED STOCK

  • Agreement to Purchase and Sell Stock Subject to the terms and conditions of this Agreement, the Company agrees to sell to each of the Investors at the Closing (as defined below), and each of the Investors agrees to purchase from the Company at the Closing, the number of shares of the Company's Common Stock set forth opposite such Investor's name on the Schedule of Investors (collectively, the "Shares") at a price of $39.00 per share.

  • Agreement to Purchase and Sell Shares Subject to the terms and conditions of this Agreement, at the Closing (as herein defined), the Company shall sell and issue to the Purchaser, 48,077 shares of Common Stock (the shares of Common Stock purchased by the Purchaser, the “Purchased Shares”) for an aggregate purchase price of $25,000 and a per share purchase price of $0.52 (such amount being equal to the OTCQX closing transaction price of the Common Stock on the previous business day).

  • Agreement to Purchase and Sell On the terms and subject to the conditions set forth in this Agreement, each Originator, severally and for itself, agrees to sell to the Buyer, and the Buyer agrees to purchase from such Originator, from time to time on or after the Closing Date, but before the Purchase and Sale Termination Date (as defined in Section 1.4), all of such Originator’s right, title and interest in and to:

  • Purchase of Preferred Shares Subject to the terms and conditions set forth in this Agreement, at the Closing the Company shall issue and sell to each Purchaser, and each Purchaser shall, severally and not jointly, purchase from the Company, the number of Preferred Shares set forth below such Purchaser’s name on the signature page of this Agreement at a per Preferred Share price equal to the Purchase Price.

  • Options, Rights, Warrants and Convertible and Exchangeable Securities In case the Company shall at any time after the date hereof issue options, rights or warrants to subscribe for shares of Stock, or issue any securities convertible into or exchangeable for shares of Stock, for a consideration per share less than the Exercise Price in effect or the Market Price immediately prior to the issuance of such options, rights, warrants or such convertible or exchangeable securities, or without consideration, the Exercise Price in effect immediately prior to the issuance of such options, rights, warrants or such convertible or exchangeable securities, as the case may be, shall be reduced to a price determined by making a computation in accordance with the provisions of Section 8.1 hereof; PROVIDED, that:

  • Persons Having Rights Under Warrant Agreement Nothing in this Agreement shall give to any person other than the Company, the Warrant Agent and the holders of the Warrant Certificates any right, remedy or claim under or by reason of this Agreement.

  • Purchase and Sale of Preferred Shares and Warrants 1.1.1. On or prior to the Initial Closing, as hereinafter defined, the Company shall adopt and file the Certificate of Designation with the Secretary of State of the State of Delaware and authorize, execute and deliver the Warrant Agreement.

  • Sale and Purchase of Common Stock 1.1. Subject to the conditions hereof, the Company hereby agrees to issue and sell to Subscriber, and Subscriber hereby agrees to subscribe for and purchase from the Company, for investment, on the Closing Date (as defined below), the number of shares of Common Stock set forth next to Subscriber’s name on Schedule I hereto (the “Shares”) at a purchase price equal to the price per share to the public in the Public Offering, less the underwriting discounts and commission payable to the underwriters in the Public Offering (the “Purchase Price”).

  • Agreement to Purchase The Mortgage Loan Seller agrees to sell, assign, transfer, set over and otherwise convey to the Purchaser, without recourse, representation or warranty, other than as set forth herein, and the Purchaser agrees to purchase from the Mortgage Loan Seller, subject to the terms and conditions set forth herein, the Mortgage Loans. The purchase and sale of the Mortgage Loans shall take place on September 29, 2014 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). As of the Cut-off Date, the Mortgage Loans will have an aggregate principal balance, after application of all payments of principal due on the Mortgage Loans on or before such date, whether or not received, of $67,614,088, subject to a variance of plus or minus 5%. The purchase price for the Mortgage Loans shall be an amount set forth on the cross receipt between the Mortgage Loan Seller and the Purchaser dated the Closing Date (which price reflects no deduction for any transaction expenses for which the Mortgage Loan Seller is responsible). The Purchaser shall pay such purchase price to the Mortgage Loan Seller on the Closing Date by wire transfer in immediately available funds or by such other method as shall be mutually acceptable to the parties hereto.

  • Purchase and Sale of Preferred Shares Upon the following terms and conditions, CDRD shall issue and sell to each Investor severally, and each Investor severally shall purchase from CDRD, the number of First Closing Shares and up to the number of Second Closing Shares indicated next to such Investor's name on Schedule I attached to this Agreement."

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