Common use of Authorization and Sale of the Shares Clause in Contracts

Authorization and Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to 1,200,000 shares (the "Shares") of the common stock, par value $.001 per share (the "Common Stock"), of the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below).

Appears in 2 contracts

Samples: Purchase Agreement (Cerus Corp), Purchase Agreement (Cerus Corp)

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Authorization and Sale of the Shares. Subject to the terms and conditions ------------------------------------ of this Agreement, the Company has authorized the issuance and sale of up to 1,200,000 1,000,000 shares (the "Shares") of the common stock, par value $.001 per share (the "Common Stock"), of the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below).

Appears in 2 contracts

Samples: Purchase Agreement (Hanover Compressor Co /), Purchase Agreement (Hanover Compressor Co /)

Authorization and Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to 1,200,000 1,450,000 shares of the Common Stock, $.0001 par value (the "Shares") of the common stock, par value $.001 per share (the "Common Stock"), of the Company to certain investors in a private placement (the "Offering")Company. The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below)this number.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Alexion Pharmaceuticals Inc), Stock Purchase Agreement (Alexion Pharmaceuticals Inc)

Authorization and Sale of the Shares. Subject to the terms these Terms and conditions of this AgreementConditions, the Company has authorized the issuance and sale of up to 1,200,000 400,000 shares of the Company's common stock (the "Shares") at a price of the common stock, par value $.001 0.25 per share (the "Common Stock"), of the Company to certain investors in a private placement Share (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below)this number.

Appears in 1 contract

Samples: Stock Purchase Agreement (Stevia Corp)

Authorization and Sale of the Shares. Subject to Upon the terms and subject to the conditions of this Agreement, the Company has authorized the issuance and sale of up to 1,200,000 1,533,742 shares (the "Shares") of the its common stock, par value $.001 0.0001 per share (the "Common Stock"), of the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below).

Appears in 1 contract

Samples: And Supply License Agreement (Endo Pharmaceuticals Holdings Inc)

Authorization and Sale of the Shares. Subject to the terms these Terms and conditions of this AgreementConditions, the Company has authorized the issuance and sale of will issue up to 1,200,000 an aggregate of 2,500,000 shares (the "Shares") of the common stock, par value $.001 0.001 per share (the "Common Stock"), of and to the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease extent the number of Shares offered and shares of Common Stock sold in the Offering offering exceeds approximately 15.0% of the Common Stock outstanding prior to the Closing Date offering (as defined belowthe “Firm Shares”), seek shareholder authorization for the issue of any additional shares (the “Additional Shares”).

Appears in 1 contract

Samples: Securities Purchase Agreement (HeartWare International, Inc.)

Authorization and Sale of the Shares. Subject to Upon the terms and subject to the conditions of this Agreement, the Company has authorized the issuance and sale of up to 1,200,000 1,533,742 shares (the "Shares") of the its common stock, par value $.001 0.0001 per share (the "Common Stock"), of the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Durect Corp)

Authorization and Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to 1,200,000 18,181,818 shares (the "Shares") of the its common stock, par value $.001 0.001 per share (the "Common Stock"), of the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below).

Appears in 1 contract

Samples: Purchase Agreement (Silicon Graphics Inc)

Authorization and Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to 1,200,000 approximately $40,000,000 purchase price of shares (the "Shares") of the its common stock, par value $.001 0.001 per share (the "Common Stock"), of the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below).

Appears in 1 contract

Samples: Purchase Agreement (Kana Software Inc)

Authorization and Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale is offering 2,000,000 shares of up to 1,200,000 shares Common Stock (the "Shares") of the common stock, par value $.001 per share (the "Common Stock"), of the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below)it is offering.

Appears in 1 contract

Samples: Stock Purchase Agreement (Trikon Technologies Inc)

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Authorization and Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to 1,200,000 500,000 shares (the "Shares") of the its common stock, par value $.001 per share stock (the "Common Stock"), of the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below).

Appears in 1 contract

Samples: Purchase Agreement (Cerus Corp)

Authorization and Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to 1,200,000 1,750,000 shares (the "Shares") of the common stock, par value $.001 per share (the "Common Stock"), of the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below).

Appears in 1 contract

Samples: Purchase Agreement (Trimeris Inc)

Authorization and Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to 1,200,000 9,578,944 shares of Common Stock, par value $0.0001, of the Company (the "Shares") of to the common stock, par value $.001 per share (the "Common Stock"), of the Company to certain investors Investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below).

Appears in 1 contract

Samples: Stock Purchase Agreement (Align Technology Inc)

Authorization and Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to 1,200,000 1,000,000 shares (the "Shares") of the its common stock, par value $.001 per share stock (the "Common Stock"), of the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below).

Appears in 1 contract

Samples: Purchase Agreement (Cerus Corp)

Authorization and Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to 1,200,000 39,566,626 shares (the "Shares") of the its class A common stock, par value $.001 0.01 per share (the "“Class A Common Stock"), of the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below).

Appears in 1 contract

Samples: Purchase Agreement (GIF Gestao De Investimentos E Participacoes Ltda.)

Authorization and Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale is offering an aggregate of up to 1,200,000 1,336,000 shares of Common Stock (the "Shares") of the common stock, par value $.001 per share (the "Common Stock"), of the Company to certain investors in a private placement (the "Offering"). The Company reserves the right to increase or decrease the number of Shares offered and sold in the Offering prior to the Closing Date (as defined below)it is offering.

Appears in 1 contract

Samples: Stock Purchase Agreement (Online Resources Corp)

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