AGREEMENT TO PURCHASE SECURITIES. On the terms and subject to the conditions set forth in this Agreement, the Purchaser hereby agrees to purchase from the Issuer a warrant to purchase 250,000 shares of the Issuer's common stock in the form attached hereto as Exhibit A (the "Warrant") for an aggregate purchase price of $10.00 and other good and valuable consideration, receipt of which is hereby acknowledged by the Issuer. The shares of Issuer's common stock that may be issued upon exercise of the Warrant are referred to herein as the "Warrant Shares" and the Warrant and the Warrant Shares are collectively referred to herein as the "Securities". The foregoing purchase and payment of the Purchase Price shall occur concurrently with (i) the issuance of Issuer's common stock upon the exercise of options to purchase up to 2,500,000 shares of Issuer's common stock issued to the Purchaser, (ii) the issuance of Issuer's Series A Preferred Stock and warrants to purchase 500,000 shares of Issuer's common stock issued to Trust Company of the West, in its capacity as Investment Manager and Custodian, (iii) the issuance of warrants to purchase 125,000 shares of Issuer's common stock issued to Fairfield Industries Incorporated, (iv) the issuance of warrants to purchase 125,000 shares of Issuer's common stock issued to Juneau Exploration Company, LLC and (v) the execution and delivery of the limited liability company organization documents for Republic Exploration LLC on terms approved by the Purchaser.
AGREEMENT TO PURCHASE SECURITIES. Subject to the terms and upon the conditions set forth herein, Company agrees to sell, assign, transfer and deliver to Purchasers, and Purchasers agree to purchase from Company, at the Closing, Thirteen Million Five Hundred Thousand common shares of Company (“Purchaser Shares”) for a Total Purchase price of One Thousand Three Hundred Fifty dollars and no/100 ($1,350.00) USD.
AGREEMENT TO PURCHASE SECURITIES. Subject to the terms and conditions hereinafter set forth in this Agreement, each Purchaser hereby agrees severally and not jointly to purchase at the Closing, and the issuer agrees to sell and issue to each Purchaser at the Closing at a price of $5,000 per share, the number of shares of the Issuer’s Series E Perpetual Cumulative Convertible Preferred Stock, par value $0.04 per share (the “Series E Preferred Stock”), shown opposite such Purchaser’s name on Schedule 1, for an aggregate purchase price (the “Purchase Price”) to be paid by such Purchaser in the amount shown opposite such Purchaser’s name on Schedule 1. The shares of the Issuer’s common stock, par value $0.04 per share (the “Common Stock”), that may be issued upon conversion of the Series E Preferred Stock as contemplated by the Designations Certificate (as defined below) are referred to herein as the “Converted Shares”, and the Series E Preferred Stock and the Converted Shares are collectively referred to herein as the “Securities”.
AGREEMENT TO PURCHASE SECURITIES. On the terms and subject to the conditions set forth in this agreement, the Purchaser hereby agrees to purchase from the Issuer 2,500,000 shares of the Issuer's common stock (the "Shares") for an aggregate purchase price of $2,500,000 (the "Purchase Price"), payable by wire transfer to the account of the Issuer. The Issuer will also grant Purchaser a 90-day option to purchase an additional 2,500,000 shares of the Issuer's common stock (the "Option") for an aggregate purchase price of $2,500,000. The shares of Issuer's common stock that may be issued upon exercise of the Option are referred to herein as the "Option Shares" and the Shares, the Option and the Option Shares are collectively referred to herein as the "Securities".
AGREEMENT TO PURCHASE SECURITIES. On the terms and subject to the conditions set forth in this Agreement, the Purchaser hereby agrees to purchase from the Issuer 5,000 shares of the Issuer's Series B Senior Convertible Cumulative Preferred Stock, $.04 per share par value (the "Preferred Shares") for a purchase price of $5,000,000 (the "Purchase Price"), payable by wire transfer to the account of the Issuer. The shares of Issuer's common stock that may be issued upon conversion of the Preferred Shares as contemplated by the Designation Certificate (as defined below) are referred to herein as the "Converted Shares", and the Preferred Shares and the Converted Shares are collectively referred to herein as the "Securities").
AGREEMENT TO PURCHASE SECURITIES. On the terms and subject to the -------------------------------- conditions set forth in this agreement, the Purchaser hereby agrees to purchase from the Issuer 3,703,704 shares of the Issuer's common stock (the "Shares") and warrants to purchase an additional 370,370 shares of common stock in the form attached hereto as Exhibit A (the "Warrant") for an aggregate purchase price of $2,540,000 (the "Purchase Price"), payable by wire transfer to the account of the Issuer. The shares of Issuer's common stock that may be issued upon exercise of the Warrant are referred to herein as the "Warrant Shares" and the Shares, the Warrant and the Warrant Shares are collectively referred to herein as the "Securities").
AGREEMENT TO PURCHASE SECURITIES. Subject to the terms and conditions set forth in this Agreement, each Purchaser hereby agrees, severally and not jointly, to purchase at the Closing, and the Issuer agrees to sell and issue to each Purchaser at the Closing at a price of $3.00 per share, the number of shares of the Issuer's Common Stock, par value $.01 per share (the "Common Stock"), shown opposite such Purchaser's name on Schedule 1, for an aggregate purchase price (the "Purchase Price") to be paid by such Purchaser in the amount shown opposite such Purchaser's name on Schedule 1.
AGREEMENT TO PURCHASE SECURITIES. On the terms and subject to the conditions set forth in this agreement, the Purchaser hereby agrees to purchase from the Issuer 3,703,704 shares of the Issuer's common stock (the "Shares") and warrants to purchase an additional 370,370 shares of common stock (the "Warrant") for an aggregate purchase price of $2,500,000 (the "Purchase Price"), payable by wire transfer to the account of the Issuer.. The shares of Issuer's common stock that may be issued upon exercise of the Warrant are referred to herein as the "Warrant Shares" and the Shares, the Warrant and the Warrant Shares are collectively referred to herein as the "Securities").
AGREEMENT TO PURCHASE SECURITIES. The Purchaser hereby agrees to purchase, and the Seller hereby agrees to sell, the Securities pursuant to the terms and conditions set forth herein. The aggregate purchase price of the Securities being sold to the Purchaser hereunder is Seven Hundred Fifty Thousand Dollars ($750,000) (the “Purchase Price”). The Purchaser shall deliver to the Seller the Purchase Price via wire transfer in immediately available funds according to written instructions attached hereto as Exhibit B. The closing under this Agreement shall take place simultaneously with the execution and delivery of this Agreement at the offices of Xxxxxx Xxxxx Xxxxxxxx & Xxxxxxx LLP, 0000 Xxxxxx xx xxx Xxxxxxxx, Xxx Xxxx, XX 00000 (the "Closing"), at such time and place or on such date as the Purchaser and the Seller may agree upon. Each party shall deliver all documents, instruments and writings required to be delivered by such party pursuant to this Agreement at or prior to the Closing.
AGREEMENT TO PURCHASE SECURITIES. The Company agrees that if during the period commencing on the Effective Date and ending on September 15, 2005, Mx. Xxxx desires to sell any shares of common stock of The Sxxxx & Wollensky Restaurant Group, Inc. held by him on the Effective Date or subject to options held by him and vested as of the Effective Date, the Company will purchase such shares at a price equal to $6.00 per share (minus any applicable exercise price) if it is permitted to do so under applicable law and the policies of the Company; provided that Mx. Xxxx executes any acknowledgments reasonably required by the Company. Employee acknowledges that the expiration date of the options held by him is the three-month anniversary of the Effective Date.
