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

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below), the Company has authorized the sale of up to an aggregate of 600,000 shares (the “Shares”) of common stock, no par value (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Ilx Resorts Inc)

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Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 2,000,000 shares (the "Shares") of common stock, no par value US$0.001 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wordcruncher Internet Technologies)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 1,100,000 shares (the "Shares") of common stock, no par value $0.01 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (America Service Group Inc /De)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 5,730,000 shares (the “Shares”) of common stock, no par value (the “Common Stock”), of the CompanyCompany for a purchase price of $9.60 per share (the “Per Share Price,” and the aggregate of such Per Share Price for all Shares subscribed for by the Purchaser being referred to herein as the “Purchase Price”), on the terms and subject to the conditions contained herein.

Appears in 1 contract

Samples: Subscription Agreement (Usa Technologies Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate shares of 600,000 shares (the “Shares”) of common stock, no par value $.01 per share (the “Common Stock”"Shares"), of the Company.

Appears in 1 contract

Samples: Subscription Agreement (Bb Biotech Ag)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 1,500,000 shares (the "Shares") of common stock, no par value $0.001 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Chordiant Software Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate 4,000,000 shares of 600,000 shares common stock (the "Shares”) of common stock"), no par value $0.0001 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Read Rite Corp /De/)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 1,900,000 shares (the “Shares”) of common stock, no par value $0.001 per share (the “Common Stock”), of the Company. The Company reserves the right to increase or decrease the number of shares of Common Stock sold in this private placement prior to the Closing Date.

Appears in 1 contract

Samples: Purchase Agreement (Amedisys Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 1,775,000 shares (the "Shares") of common stock, no par value $0.01 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Chromavision Medical Systems Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 2,000,000 shares (the “Shares”) of common stock, no par value per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Share Purchase Agreement (Eclipse Surgical Technologies Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 shares (the “Shares”) of common stock, no par value $0.001 per share (the “Common Stock”), of the Company. The Company reserves the right to increase or decrease the number of shares of Common Stock sold in this private placement prior to the Closing Date.

Appears in 1 contract

Samples: Purchase Agreement (Internap Network Services Corp)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 6,800,000 shares (the “Shares”) of common stock, no par value $0.01 per share (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Netbank Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers Agreement, as part of this offering (as defined belowthis "Offering"), the Company has authorized the sale of up to an aggregate of 600,000 Seven Million Four Hundred Thousand (7,400,000) shares (the "Shares") of common stock, no par value $0.001 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Share Purchase Agreement (Mattson Technology Inc)

Authorization of Sale of the Shares. Subject to the terms and ----------------------------------- conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate 1,200,000 shares of 600,000 shares common stock (the "Shares”) of common stock"), no par value $0.001 per share (the "Common Stock"), of the Company. The Company proposes to enter into an agreement with another purchaser (the "Other Purchaser"), which agreement shall be in substantially identical form to this Agreement (the "Other Purchase Agreement").

Appears in 1 contract

Samples: Stock Purchase Agreement (Fusion Medical Technologies Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 4,000,000 shares (the "Shares") of common stock, no par value $0.001 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Genitope Corp)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 840,031 shares (the “Shares”) of common stock, no par value (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Spark Networks Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 500,000 shares (the "Shares") of common stock, no par value (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Cardiogenesis Corporation Share Purchase Agreement (Cardiogenesis Corp /Ca)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 2,674,500 shares (the “Shares”) of common stock, no par value $0.001 per share (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Saba Software Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below), the Company has authorized the issuance and sale of up to an aggregate of 600,000 1,913,044 shares (the “Shares”) of common stock, no $1.00 par value per share (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (MVB Financial Corp)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 5,000,000 shares (the “Shares”) of common stock, no par value (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Spark Networks Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale maximum number of up to an aggregate of 600,000 shares (each a “Share,” and together the “Shares”) of common stock, no par value stock of the Company (the “Common Stock”), of ) that the CompanyCompany has authorized to be sold pursuant to this Agreement is 13,436,000.

Appears in 1 contract

Samples: Securities Purchase Agreement (Rentech Inc /Co/)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 [ ] shares (the “Shares”) of common stock, no par value $0.01 per share (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Mobility Electronics Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 2,222,225 shares (the "Shares") of common stock, no par value (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Cardiogenesis Corporation Share Purchase Agreement (Cardiogenesis Corp /Ca)

Authorization of Sale of the Shares. Subject to the terms and ------------------------------------ conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 2,500,000 shares (the "Shares") of common stock, no par value $0.001 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Form of Purchase Agreement (Lifecell Corp)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 1,847,826 shares (the “Shares”) of common stock, no par value (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Nb&t Financial Group Inc)

Authorization of Sale of the Shares. Subject to the terms and ----------------------------------- conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate 2,700,000 shares of 600,000 shares common stock (the "Shares”) of common stock"), no par value $0.0001 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Read Rite Corp /De/)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 941,177 shares (the “Shares”) of common stock, no par value (the “Common Stock”), Stock of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Biomimetic Therapeutics, Inc.)

Authorization of Sale of the Shares. Subject to the terms ----------------------------------- and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 5,200,000 shares (the "Shares") of common stock, no par value $0.01 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Curis Inc)

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Authorization of Sale of the Shares. Subject to the terms and ----------------------------------- conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate 1,200,000 shares of 600,000 shares common stock (the "Shares”) of common stock"), no par value $0.001 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fusion Medical Technologies Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 _______________ shares (each, a "Share" and collectively, the "Shares") of Company common stock, no par value $0.01 per share (the “"Common Stock"), of the Company.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Identix Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale and issuance to the Purchasers of up to an aggregate the number of 600,000 shares (the "Shares") of common stock, no Common Stock $.01 par value per share (the "Common Stock"), of the CompanyCompany set forth on the signature page hereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Able Laboratories Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 __________ shares (the “Shares”) of common stock, no par value $[par value] per share (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Purchase Agreement

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below), the Company has authorized the issuance and sale of up to an aggregate of 600,000 5,250,000 shares (the “Shares”) of common stock, no par value $0.001 per share (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Ista Pharmaceuticals Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 ___ shares (the “Shares”) of common stock, no par value $0.001 per share (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Form of Purchase Agreement (Cytrx Corp)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale to the Purchaser of up to an that aggregate number of 600,000 shares (the “Shares”) of the common stock, no par value U.S.$0.001 per share, of the Company (the “Common Stock”), of which is equal to (x) U.S.$1,800,000 divided by (y) U.S.$6.40 (the Company“Purchase Price Per Share”).

Appears in 1 contract

Samples: Stock Purchase Agreement (Babyuniverse, Inc.)

Authorization of Sale of the Shares. Subject to the terms ----------------------------------- and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 4,414,000 shares (the "Shares") of common stock, no par value $0.02 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Transmedia Network Inc /De/)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 1,500,000 shares of the common stock (the “Shares”) of common stock"Common Stock"), no par value per share (the “Common Stock”"Shares"), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Depotech Corp)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale to the Purchaser of up to an that aggregate number of 600,000 shares (the “Shares”) of the common stock, no par value U.S.$0.001 per share, of the Company (the “Common Stock”), of which is equal to (x) U.S.$700,000 divided by (y) U.S.$6.40 (the Company“Purchase Price Per Share”).

Appears in 1 contract

Samples: Stock Purchase Agreement (Babyuniverse, Inc.)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate of 600,000 875,000 shares (the “Shares”) of common stock, no $0.01 par value (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Sunshine Bancorp, Inc.)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the issuance and sale of up to an aggregate 10,000,000.00 shares of 600,000 shares (the “Shares”) of its common stock, no $.01 par value (the “Common Stock”), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Precision Optics Corporation Inc)

Authorization of Sale of the Shares. Subject to the terms and ----------------------------------- conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate 2,857,142 shares of 600,000 shares common stock (the "Shares”) of common stock"), no par value $0.0001 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Stock and Warrant Purchase Agreement (Read Rite Corp /De/)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below), the Company has authorized the issuance and sale of up to an aggregate of 600,000 18,500,000 shares (the “Shares”) of common stock, no par value $0.01 per share (the “Common Stock”) and the preferred stock purchase rights appurtenant thereto (the “Rights”), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Ion Geophysical Corp)

Authorization of Sale of the Shares. Subject to the terms ----------------------------------- and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 1,000,000 shares (the "Shares") of common stock, no par value $0.001 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Baxter International Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale and issuance of up to an aggregate as many shares of 600,000 shares (the “Shares”) of common stockCommon Stock, no par value (the “Common Stock”"Shares"), of the CompanyCompany as will result in gross proceeds to the Company of $5,000,000.

Appears in 1 contract

Samples: Purchase Agreement (Pvi Transmission Inc)

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below)Agreement, the Company has authorized the sale of up to an aggregate of 600,000 __________ shares (the "Shares") of common stock, no par value $0.01 per share (the "Common Stock"), of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Guilford Pharmaceuticals Inc)

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