Authorization of Sale of Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to 1,500,000 shares of common stock ("Common Stock"), par value $.01 per share (each a "Share," and together the "Shares"), of the Company.
Authorization of Sale of Shares. The Company has authorized the sale and issuance of shares of its Common Stock, par value $0.0001 per share (the “Common Stock”) in the amount, on the terms and subject to the conditions set forth in this Agreement.
Authorization of Sale of Shares. Subject to the terms and conditions of this Agreement, each Purchaser agrees to, severally and not jointly, purchase from the Company, that number of Shares as set forth opposite each Purchaser’s name on Schedule 1 attached hereto, at a price per Share equal to $1.03 (the “Price Per Share” and the total purchase price for the Shares to be paid by each Purchaser, the “Share Purchase Price”).
Authorization of Sale of Shares. The Company has authorized the sale and issuance of 4,790,473 shares of its Common Stock, par value $0.001 per share (the “Common Stock”), on the terms and subject to the conditions set forth in this Agreement. The shares of Common Stock sold hereunder at the Initial Closing (as defined below) shall be referred to as the “Initial Shares”; the shares of Common Stock sold hereunder at the Second Closing (as defined below) shall be referred to as the “Second Closing Shares”; and the Initial Shares and the Second Closing Shares together shall be referred to herein as the “Shares”.
Authorization of Sale of Shares. The Company shall issue and sell to each Purchaser, and each Purchaser shall, severally and not jointly, purchase from the Company, such number of Units set forth opposite their respective names on Exhibit A, at a price per Unit equal to $3.787 (the “Price Per Unit” and the total purchase price for the Units to be paid by each Purchaser, the “Unit Purchase Price”).
Authorization of Sale of Shares. Upon the terms and subject to the ------------------------------- conditions of this Agreement, the Company has authorized the issuance and sale of the Shares following effectiveness of the Registration Statement.
Authorization of Sale of Shares. Upon the terms and subject to the conditions of this Agreement, the Company has authorized the issuance and sale of the Shares following effectiveness of the Registration Statement.
Authorization of Sale of Shares. The Company has authorized the sale of up to shares (the "Shares") of the Company's common stock, par ----- value $.01 per share (the "Common Stock"), pursuant to a Registration Statement (such Registration Statement, together with the Prospectus comprising a part thereof, referred to herein as the "Registration Statement") on Form S-3 (File No. filed with, and declared effective by, the Securities and ------------) Exchange Commission (the "Commission") pursuant to the provisions of the Securities Act of 1933, as amended (the "Act").
Authorization of Sale of Shares. Subject to the terms and conditions of this Agreement and in partial consideration for the execution of the Option Agreement entered into concurrent herewith, the Purchaser agrees to purchase from the Company that number of Shares as set forth opposite the Purchaser’s name on Schedule 1 attached hereto, at a price per Share equal to $4.13, resulting in an aggregate purchase price of $30,009,992.46 (the “Share Purchase Price”).
Authorization of Sale of Shares. Subject to the terms and conditions of this Agreement, the Company shall issue and sell to each Purchaser, and each Purchaser shall, severally and not jointly, purchase from the Company, such number of Shares as set forth opposite their respective names on Schedule 1 attached hereto, at a price per Share equal to (i) with respect to the First Tranche Shares (as defined below) $1.65, subject to proportional adjustment for the Reverse Stock Split and (ii) with respect to the Second Tranche Shares (as defined below), the price equal to (a) the volume-weighted average price of Company Common Stock for the five Trading Days prior to the Second Tranche Closing Date (as defined below) (the “VWAP”), plus (b) 10% of the VWAP (each of (i) or (ii) as applicable, the “Share Purchase Price”). Each Purchaser’s obligations to purchase the Shares under this Agreement are several and, for each tranche, conditioned upon each other Purchaser’s performance of its obligations to purchase Shares hereunder in such tranche.”