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

Agreements to Sell and Purchase the Shares. On the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, the Company agrees to issue and sell the Firm Shares to the Underwriters as provided in this Agreement, and the Underwriters agree to purchase the Firm Shares from the Company at a purchase price equal to $12.5846 per share (the “Purchase Price”). In addition, the Company agrees to sell the Option Shares to the Underwriters, and the Underwriters, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, shall have the option to purchase from the Company up to 4,800,000 Option Shares at the Purchase Price. The Underwriters may exercise the option to purchase Option Shares at any time in whole, or from time to time in part, on or before the thirtieth day following the date of the Prospectus, by written notice from the Representatives to the Company. Such notice shall set forth the aggregate number of Option Shares as to which the option is being exercised and the date and time when the Option Shares are to be delivered and paid for, which may be the same date and time as the Closing Date (as hereinafter defined) but shall not be earlier than the Closing Date or later than the tenth full business day after such notice. Any such notice shall be given at least one business day prior to the date and time of delivery specified herein.

Appears in 1 contract

Samples: Credit Agreement (Oasis Petroleum Inc.)

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Agreements to Sell and Purchase the Shares. On the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, the Company agrees to issue and sell the Firm Shares to the Underwriters as provided in this Agreement, and the Underwriters agree to purchase the Firm Shares from the Company at a purchase price equal to $12.5846 10.5846 per share (the “Purchase Price”). In addition, the Company agrees to sell the Option Shares to the Underwriters, and the Underwriters, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, shall have the option to purchase from the Company up to 4,800,000 7,200,000 Option Shares at the Purchase Price. The Underwriters may exercise the option to purchase Option Shares at any time in whole, or from time to time in part, on or before the thirtieth day following the date of the Prospectus, by written notice from the Representatives to the Company. Such notice shall set forth the aggregate number of Option Shares as to which the option is being exercised and the date and time when the Option Shares are to be delivered and paid for, which may be the same date and time as the Closing Date (as hereinafter defined) but shall not be earlier than the Closing Date or later than the tenth full business day after such notice. Any such notice shall be given at least one business day prior to the date and time of delivery specified herein.

Appears in 1 contract

Samples: Oasis Petroleum Inc.

Agreements to Sell and Purchase the Shares. On the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, the Company agrees to issue and sell the Firm Shares to the Underwriters as provided in this Agreement, and the Underwriters agree to purchase the Firm Shares from the Company at a purchase price equal to $12.5846 9.4564 per share (the “Purchase Price”). In addition, the Company agrees to sell the Option Shares to the Underwriters, and the Underwriters, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, shall have the option to purchase from the Company up to 4,800,000 Option Shares at the Purchase Price. The Underwriters may exercise the option to purchase Option Shares at any time in whole, or from time to time in part, on or before the thirtieth day following the date of the Prospectus, by written notice from the Representatives Underwriters to the Company. Such notice shall set forth the aggregate number of Option Shares as to which the option is being exercised and the date and time when the Option Shares are to be delivered and paid for, which may be the same date and time as the Closing Date (as hereinafter defined) but shall not be earlier than the Closing Date or later than the tenth full business day after such notice. Any such notice shall be given at least one business day prior to the date and time of delivery specified herein.

Appears in 1 contract

Samples: Underwriting Agreement (Oasis Petroleum Inc.)

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Agreements to Sell and Purchase the Shares. On the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, the Company agrees to issue and sell the Firm Shares to the Underwriters Underwriter as provided in this Agreement, and the Underwriters agree Underwriter agrees to purchase the Firm Shares from the Company at a purchase price equal to $12.5846 4.685 per share (the “Purchase Price”). In addition, the Company agrees to sell the Option Shares to the UnderwritersUnderwriter, and the UnderwritersUnderwriter, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, shall have the option to purchase from the Company up to 4,800,000 5,100,000 Option Shares at the Purchase Price. The Underwriters Underwriter may exercise the option to purchase Option Shares at any time in whole, or from time to time in part, on or before the thirtieth day following the date of the Prospectus, by written notice from the Representatives Underwriter to the Company. Such notice shall set forth the aggregate number of Option Shares as to which the option is being exercised and the date and time when the Option Shares are to be delivered and paid for, which may be the same date and time as the Closing Date (as hereinafter defined) but shall not be earlier than the Closing Date or later than the tenth full business day after such notice. Any such notice shall be given at least one business day prior to the date and time of delivery specified herein.

Appears in 1 contract

Samples: Underwriting Agreement (Oasis Petroleum Inc.)

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