Common use of Agreement to Sell and Purchase the Shares Clause in Contracts

Agreement to Sell and Purchase the Shares. At the Closing (as defined below), the Loan Amount will convert into Ordinary Shares of the Company whereby the Purchaser shall purchase from the Company, and the Company shall issue and sell to the Purchaser, 1,119,743 Ordinary Shares (the “Shares”), which Shares shall be free from preemptive rights and similar rights of third parties, at an approximate average price of US$ 3.42 per share, reflecting a total investment of US$3,831,054 (the “Investment Amount” which equals the Loan Amount). Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of the Shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Rit Technologies LTD), Securities Purchase Agreement (Stins Coman Inc)

AutoNDA by SimpleDocs

Agreement to Sell and Purchase the Shares. At the Closing (as defined below), the Loan Amount will convert into Ordinary Shares of the Company whereby the Purchaser shall purchase from the Company, and the Company shall issue and sell to the Purchaser, 1,119,743 177,006 Ordinary Shares (the “Shares”), which Shares shall be free from preemptive rights and similar rights of third parties, at an approximate average price of US$ 3.42 5.68 per share, reflecting a total investment of US$3,831,054 1,005,339 (the “Investment Amount” which equals the Loan Amount). Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of the Shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Rit Technologies LTD), Securities Purchase Agreement (Stins Coman Inc)

Agreement to Sell and Purchase the Shares. At the Closing (as defined below), the Loan Amount will convert into Ordinary Shares of the Company whereby the Purchaser shall purchase from the Company, and the Company shall issue and sell to the Purchaser, 1,119,743 1,021,166 Ordinary Shares (the “Shares”), which Shares shall be free from preemptive rights and similar rights of third parties, at an approximate average price of US$ 3.42 4.44 per share, reflecting a total investment of US$3,831,054 4,533,531 (the “Investment Amount” which equals the Loan Amount). Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of the Shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Rit Technologies LTD), Securities Purchase Agreement (Stins Coman Inc)

Agreement to Sell and Purchase the Shares. At the Closing (as defined below), the Loan Amount will convert into Ordinary Shares of the Company whereby the Purchaser shall purchase from the Company, and the Company shall issue and sell to the Purchaser, 1,119,743 687,128 Ordinary Shares (the “Shares”), which Shares shall be free from preemptive rights and similar rights of third parties, at an approximate average price of US$ 3.42 $US 2.214 per share, reflecting a total investment of US$3,831,054 1,520,969 (the “Investment Amount” which equals the Loan Amount). Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of the Shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Rit Technologies LTD), Securities Purchase Agreement (Stins Coman Inc)

Agreement to Sell and Purchase the Shares. At the Closing (as defined below), the Loan Amount will convert into Ordinary Shares of the Company whereby the Purchaser shall purchase from the Company, and the Company shall issue and sell to the Purchaser, 1,119,743 449,738 Ordinary Shares (the “Shares”), which Shares shall be free from preemptive rights and similar rights of third parties, at an approximate average price of US$ 3.42 4.46 per share, reflecting a total investment of US$3,831,054 2,005,864 (the “Investment Amount” which equals the Loan Amount). Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of the Shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Stins Coman Inc), Securities Purchase Agreement (Rit Technologies LTD)

Agreement to Sell and Purchase the Shares. At the Closing (as defined below), the Loan Amount will convert into Ordinary Shares of the Company whereby the Purchaser shall purchase from the Company, and the Company shall issue and sell to the Purchaser, 1,119,743 636,874 Ordinary Shares (the “Shares”), which Shares shall be free from preemptive rights and similar rights of third parties, at an approximate average price of US$ 3.42 5.09 per share, reflecting a total investment of US$3,831,054 3,241,716 (the “Investment Amount” which equals the Loan Amount). Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of the Shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Rit Technologies LTD), Securities Purchase Agreement (Stins Coman Inc)

Agreement to Sell and Purchase the Shares. At the Closing (as defined below), the Loan Amount will convert into Ordinary Shares of the Company whereby the Purchaser shall purchase from the Company, and the Company shall issue and sell to the Purchaser, 1,119,743 408,787 Ordinary Shares (the “Shares”), which Shares shall be free from preemptive rights and similar rights of third parties, at an approximate average price of US$ 3.42 $US 2.876 per share, reflecting a total investment of US$3,831,054 1,175,677 (the “Investment Amount” which equals the Loan Amount). Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of the Shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Rit Technologies LTD), Securities Purchase Agreement (Stins Coman Inc)

Agreement to Sell and Purchase the Shares. At the Closing (as defined below), the Loan Amount will convert into Ordinary Shares of the Company whereby the Purchaser shall purchase from the Company, and the Company shall issue and sell to the Purchaser, 1,119,743 582,494 Ordinary Shares (the “Shares”), which Shares shall be free from preemptive rights and similar rights of third parties, at an approximate average price of US$ 3.42 3.45 per share, reflecting a total investment of US$3,831,054 2,007,004 (the “Investment Amount” which equals the Loan Amount). Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of the Shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Rit Technologies LTD), Securities Purchase Agreement (Stins Coman Inc)

AutoNDA by SimpleDocs

Agreement to Sell and Purchase the Shares. At the Closing (as defined below), the Loan Amount will convert into Ordinary Shares of the Company whereby the Purchaser shall purchase from the Company, and the Company shall issue and sell to the Purchaser, 1,119,743 1,146,114 Ordinary Shares (the “Shares”), which Shares shall be free from preemptive rights and similar rights of third parties, at an approximate average price of US$ 3.42 3.68 per share, reflecting a total investment of US$3,831,054 4,221,082 (the “Investment Amount” which equals the Loan Amount). Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of the Shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Rit Technologies LTD), Securities Purchase Agreement (Stins Coman Inc)

Agreement to Sell and Purchase the Shares. At the Closing (as defined below), the Loan Amount will convert into Ordinary Shares of the Company whereby the Purchaser shall purchase from the Company, and the Company shall issue and sell to the Purchaser, 1,119,743 2,778,088 Ordinary Shares (the “Shares”), which Shares shall be free from preemptive rights and similar rights of third parties, at an approximate average price of US$ 3.42 US$1.82 per share, reflecting a total investment of US$3,831,054 5,057,419 (the “Investment Amount” which equals the Loan Amount). Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of the Shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Stins Coman Inc)

Agreement to Sell and Purchase the Shares. At the Closing (as defined below), the Loan Amount will convert into Ordinary Shares of the Company whereby the Purchaser shall purchase from the Company, and the Company shall issue and sell to the Purchaser, 1,119,743 218,813 Ordinary Shares (the “Shares”), which Shares shall be free from preemptive rights and similar rights of third parties, at an approximate average price of US$ 3.42 2.67 per share, reflecting a total investment of US$3,831,054 US$ 584,230.45 (the “Investment Amount” which equals the Loan Amount). Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of the Shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Rit Technologies LTD)

Agreement to Sell and Purchase the Shares. At the Closing (as defined below), the Loan Amount will convert into Ordinary Shares of the Company whereby the Purchaser shall purchase from the Company, and the Company shall issue and sell to the Purchaser, 1,119,743 615,485 Ordinary Shares (the “Shares”), which Shares shall be free from preemptive rights and similar rights of third parties, at an approximate average price of US$ 3.42 $US 2.465 per share, reflecting a total investment of US$3,831,054 1,516,840 (the “Investment Amount” which equals the Loan Amount). Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of the Shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Rit Technologies LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!