Equity Purchases Sample Clauses
The Equity Purchases clause defines the terms and conditions under which one party may acquire ownership interests, such as shares or stock, in a company. Typically, this clause outlines the process for purchasing equity, including pricing mechanisms, payment terms, and any restrictions or requirements for approval. For example, it may specify whether existing shareholders have a right of first refusal or detail how new investors can participate in funding rounds. The core function of this clause is to provide a clear framework for equity transactions, ensuring transparency and protecting the interests of both buyers and existing stakeholders.
Equity Purchases. The Lenders shall have purchased (i) 73,560 Class A ordinary shares of the Borrower from ▇▇▇▇▇▇ ▇▇▇▇▇▇, (ii) 13,580 Class A ordinary shares of the Borrower from ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ and (iii) 80,000 Class A ordinary shares of the Borrower from Medical Device Holdings, S.A., in each case, on or prior to the Funding Date and on terms and conditions satisfactory to the Administrative Agent and the Lenders.
Equity Purchases. In consideration of the rights granted hereunder, Selecta shall issue and sell to Spark, and Spark shall purchase from Selecta, shares of Selecta common stock, par value $0.0001 per share, pursuant to the terms of the stock purchase agreement attached as Exhibit G (Stock Purchase Agreement) (the “Stock Purchase Agreement”). Selecta’s sole and exclusive remedy and Spark’s sole and exclusive liability for any failure by Spark to make equity purchases as required by the Stock Purchase Agreement shall be the termination of this Agreement as set forth in Section 9.2(f) (Termination for Failure to Make Equity Purchase).
Equity Purchases. Employee agrees that he will purchase up to 25,000 shares of Stock on the open market, in one or more tranches, as soon as practicable following the Effective Date.
Equity Purchases. Within one hundred and twenty (120) days after the Closing Date, Sponsor and/or its Affiliates and Permitted Investors shall have failed to purchase additional common stock of Holdings in an amount sufficient to make the total aggregate cash purchase price of all common stock of Holdings purchased at least $175,000,000; THEN, (1) upon the occurrence of any Event of Default described in Section 8.1(f) or 8.1(g), automatically, and (2) upon the occurrence of any other Event of Default, at the request of (or with the consent of) Requisite Lenders, upon notice to Company by Administrative Agent, (A) the Revolving Commitments, if any, of each Lender having such Revolving Commitments and the obligation of Issuing Bank to issue any Letter of Credit shall immediately terminate; (B) each of the following shall immediately become due and payable, in each case without presentment, demand, protest or other requirements of any kind, all of which are hereby expressly waived by each Credit Party: (I) the unpaid principal amount of and accrued interest on the Loans, (II) all other Obligations; provided, the foregoing shall not affect in any way the obligations of Lenders under Section 2.3(b)(iv) or Section 2.4(e); (C) the Administrative Agent may cause the Collateral Agent to enforce any and all Liens and security interests created pursuant to Collateral Documents; and (D) Administrative Agent may direct Company to pay (and Company hereby agrees upon receipt of such notice, or upon the occurrence of any Event of Default specified in Section 8.1(f) and (g) to pay) to Administrative Agent such additional amounts of cash, to be held as security for Company’s reimbursement Obligations in respect of Letters of Credit then outstanding, equal to the Letter of Credit Usage at such time.
Equity Purchases. Purchase, redeem or otherwise acquire, directly or indirectly, any shares of capital stock, stock options or membership interests, as applicable, of the Company or its Subsidiaries, including repurchases of unvested shares or membership interests, as applicable, at cost in connection with the termination of the relationship with any employee or consultant pursuant to a stock or purchase agreements in effect on the date hereof;
Equity Purchases. Either party may purchase all or a portion of the other party’s equity share in the Property at any time during the term of this Agreement upon the mutual agreement of the parties as to price and payment terms. A party shall not be obligated pursuant to this Section 6.8 to sell all or a portion of its equity share without its consent. The above notwithstanding, the parties acknowledge and agree that a party may be obligated pursuant to various other provisions of this Agreement to sell its equity share without its consent.
Equity Purchases. Make any payment to any equity holder (whether in cash or in property) with respect to the repurchase of any of their respective equity interests.”
Equity Purchases. Ten (10) days after the execution of this Agreement, Wats▇▇ ▇▇▇ll purchase Three Million (3,000,000) shares of Genelabs Common Stock at a price per share equal to one hundred thirty percent (130%) of the average closing price per share of Genelabs Common Stock as quoted by the Nasdaq National Market over the ten (10) trading days preceding the Effective Date, and a warrant to purchase Five hundred Thousand (500,000) shares of Genelabs Common Stock at the same price per share, in accordance with the Stock and Warrant Purchase Agreement in the form attached as Exhibit C.
Equity Purchases