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

Authorization Purchase and Sale of Shares. Upon the terms and subject to the conditions set ------ forth herein, at the Closing, the Company shall authorize, issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, (i) 2,204,495 shares of Common Stock and (ii) 462,172 shares of Preferred Stock (such shares of Common Stock and Preferred Stock being herein the "Shares") for an aggregate purchase price of $12,000,000 (the ------ "Purchase Price"). --------------

Appears in 2 contracts

Samples: Stock Purchase Agreement (Ren Corp Usa), Stock Purchase Agreement (Cobe Laboratories Inc)

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Authorization Purchase and Sale of Shares. Upon the terms and subject to the conditions set ------ forth herein, at the Closing, the Company shall authorize, issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, (i) 2,204,495 5,500,000 shares of Common Stock and (ii) 462,172 shares of Preferred Stock (such shares of Common Stock and Preferred Stock being herein the "Shares") for a ------ purchase price equal to $9.75 per Share and an aggregate purchase price of $12,000,000 53,625,000 (the ------ "Purchase Price"). --------------

Appears in 2 contracts

Samples: Stock Purchase Agreement (Ren Corp Usa), Stock Purchase Agreement (Cobe Laboratories Inc)

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Authorization Purchase and Sale of Shares. Upon ------------------------------------------ the terms and subject to the conditions set ------ forth herein, at the Closing, the Company shall authorize, issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, (i) 2,204,495 1,170,732 shares of Common Stock and (ii) 462,172 shares of Preferred Stock (such shares of Common Stock and Preferred Stock being herein the "Shares") for an aggregate purchase price of ------ $12,000,000 12,000,003 (the ------ "Purchase Price"). --------------

Appears in 1 contract

Samples: Stock Purchase Agreement (Ren Corp Usa)

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