Closing of Purchase and Sale of Shares Sample Clauses

Closing of Purchase and Sale of Shares. The closing of the purchase and sale contemplated by Section 2.1 will occur at the time and place of the Initial Closing Date.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Closing of Purchase and Sale of Shares. The closing of the purchase and sale of shares of PICR Common Stock contemplated herein (the "Closing") will occur after all of the conditions set forth in Article II have either been fulfilled or waived. Subject to the prior fulfillment or waiver of the conditions in Article II, the parties will make the following deliveries at the Closing:
Sample 1
Closing of Purchase and Sale of Shares. The closing of the transactions contemplated hereby (the “Closing”) shall take place at such time and on such date as is determined by the Company as soon as practicable following satisfaction of the closing conditions set forth in Section 6. Contemporaneously with the execution and delivery of this Agreement, the Investor shall deliver to the Company the Purchase Price by (a) check made payable to “Digipath, Inc.” or (b) wire transfer of immediately available funds (net of wire transfer fees) in accordance with the Company’s wire instructions. Promptly after the Closing, the Company will deliver to the Investor a certificate representing the shares of Preferred Stock purchased by the Investor hereunder. Notwithstanding that the offer and sale of the Shares pursuant to this Agreement is part of the larger Offering, the obligations of the Company and the Investor hereunder are independent of, and not subject to the terms and conditions of, any other agreement between the Company and any other investor in the Offering, and the Closing may occur separate and apart from, and irrespective of, the closing, if any, of any other purchase and sale of Shares in the Offering.
Sample 1
Closing of Purchase and Sale of Shares. The closing of the purchase and sale of shares of INCOMEX Common Stock contemplated herein (the "Closing") will occur after all of the conditions set forth in Article II have either been fulfilled or waived. Subject to the prior fulfillment or waiver of the conditions in Article II, at the Closing: (a) MCCAC will deliver to each INCOMEX Shareholder certificates for Murdxxx Xxxmon Stock representing such INCOMEX Shareholder's Proportional Share of the Closing Consideration; and (b) each INCOMEX Shareholder will deliver to MCCAC certificates representing the shares of INCOMEX Common Stock held by such INCOMEX Shareholder, duly endorsed (or accompanied by duly executed stock powers), for transfer to MCCAC.
Sample 1
Closing of Purchase and Sale of Shares. 10 3.1 Closing...............................................................................10 3.2 Delivery of Certificates and Payment for Shares.......................................10 3.3 Election to Acquire Unitron Assets....................................................11 3.4
Sample 1
Closing of Purchase and Sale of Shares. The closing of the transactions contemplated hereby (the “Closing”) shall take place concurrently with the execution of this Agreement. Contemporaneously with the execution and delivery of this Agreement, the Series A Shares shall be automatically be deemed to be, and shall be, cancelled without any further action of the parties in exchange for the issuance of the Shares to the Investor. Promptly after the Closing, the Company will deliver to the Investor a certificate representing the Shares issuable to the Investor hereunder. The obligations of the Company and the Investor hereunder are independent of, and not subject to the terms and conditions of, any other agreement between the Company and any other investor, and the Closing may occur separate and apart from, and irrespective of, the closing, if any, of any other purchase, sale or issuance of Shares to any other person. The Company acknowledges and agrees, that in accordance with Section 3(a)(9) of the Securities Act, the holding period for the Shares issued hereunder for purposes of Rule 144 under the Securities Act, will tack back to the original issue date of the Series A Shares, and the Company agrees not to take a position to the contrary.
Sample 1
Closing of Purchase and Sale of Shares 
Sample 1
AutoNDA by SimpleDocs

Related to Closing of Purchase and Sale of Shares

  • Purchase and Sale of Shares Closing Subject to the terms and conditions of this Agreement, the Company agrees to sell to Purchaser at the Closing, and Purchaser agrees to purchase from the Company at the Closing, 10,000,000 shares of Common Stock (the “Shares”), at a price per share of $6.00 (the “Purchase Price”). Subject to the satisfaction or waiver of the covenants and conditions set forth in Sections 2.3 and 2.4, the Closing shall occur on the date hereof at the offices of Xxxxxxxx & Xxxxxxxx or such other location as the parties shall mutually agree.

  • Purchase and Sale of Purchased Shares At the Closing and on the terms and subject to the conditions set forth in this Agreement, Sellers shall sell and deliver to Purchaser, and Purchaser shall purchase from Sellers and pay therefor, the Purchased Shares, free and clear of any and all Encumbrances and in suitable form for transfer to Purchaser.

  • Purchase and Sale of Shares 2.1.1. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller shall sell, transfer and deliver to Buyer, free and clear of all Liens (other than Liens under the Securities Act and any other applicable state or foreign securities Laws), and Buyer shall purchase from Seller, all right, title and interest in and to the Shares.

  • Purchase and Sale of Shares and Warrants Subject to the satisfaction (or waiver) of the conditions to Closing set forth in this Agreement and the Escrow Agreement, each Subscriber shall purchase the Shares and Warrants for the portion of the Purchase Price indicated on the signature page hereto, and the Company shall sell such Shares and Warrants to the Subscriber. The Purchase Price for the Shares and Warrants shall be paid in cash. The entire Purchase Price shall be allocated to the Shares.

  • Purchase and Sale of the Warrants (i) As payment in full for the 4,000,000 Warrants being purchased under this Agreement, the Purchaser shall pay $6,000,000 (the “Purchase Price”), by wire transfer of immediately available funds in accordance with the Company’s wiring instructions, at least one (1) business day prior to the effective date of the Registration Statement, or on such other date as the Company and the Purchaser may agree.

  • Purchase and Sale of Stock Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to Purchaser, an aggregate of 37,500 shares of the Common Stock of the Company (the "Stock") at $0.01 per share, for an aggregate purchase price of $375.00, payable in cash. The closing hereunder, including payment for and delivery of the Stock, shall occur at the offices of the Company immediately following the execution of this Agreement, or at such other time and place as the parties may mutually agree (the "Closing").

  • Closing of Purchase (a) Upon any purchase by the Company of the Shares pursuant to the Agreement, the Company shall give to Holder and you a written notice specifying the number of Shares to be purchased, the purchase price for the Shares, as determined pursuant to the Agreement, and the time for a closing hereunder (the “Closing”) at the principal office of the Company. Holder and the Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of said notice.

  • Purchase and Sale of Purchased Assets On the terms and subject to the conditions set forth in this Agreement, at the Closing, the Purchaser will purchase from the Seller, and the Seller will sell, transfer, assign, convey and deliver to the Purchaser the Purchased Assets pursuant to the Xxxx of Sale.

  • Purchase and Sale of Units The Purchaser hereby subscribes for and purchases from the Company, and the Company hereby issues and sells to the Purchaser, 25,000 units (the “Initial Units”) at a purchase price of approximately $.003478 per Initial Unit for an aggregate purchase price of $86.95. Each Initial Unit consists of one share of Common Stock and one warrant (an “Initial Warrant”) to purchase one additional share of Common Stock for $6.00 in accordance with the terms of the Warrant Agreement to be entered into by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, which shall be substantially in the form attached hereto as Exhibit A (the “Warrant Agreement”). The Initial Units, together with the underlying Common Stock and the Initial Warrants, are referred to herein as the “Securities.”

  • Purchase and Sale of Common Shares (a) Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties set forth in Schedule B to this Agreement, the Purchaser hereby agrees to purchase from the Company and the Company hereby agrees to sell to the Purchaser, on the Closing Date, 104,500,000 Common Shares (the “Purchased Shares”) at a price of $48.60 per Purchased Share for an aggregate purchase price of $5,078,700,000 (the “Share Purchase Price”).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!