Common use of Initial International Securities Clause in Contracts

Initial International Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, (i) the Company and (ii) Bandag and the Selling Shareholder, severally and not jointly, each agrees to sell to each International Manager, severally and not jointly, and each International Manager, severally and not jointly, agrees to purchase from the Company and Bandag and the Selling Shareholder , at the price per share set forth in Schedule C, that proportion of the number of Initial International Securities set forth in Schedule B opposite the name of the Company or the Selling Shareholder, as the case may be, which the number of Initial International Securities set forth in Schedule A opposite the name of such International Manager, plus any additional number of Initial International Securities which such International Manager may become obligated to purchase pursuant to the provisions of Section 10 hereof, bears to the total number of Initial International Securities subject, in each case, to such adjustments among the International Managers as the Lead Managers in their sole discretion shall make to eliminate any sales or purchasers of fractional securities.

Appears in 1 contract

Samples: Purchase Agreement (Hon Industries Inc)

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Initial International Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, (i) the Company and (ii) Bandag and the each Selling Shareholder, severally and not jointly, each agrees agree to sell to each International Manager, severally and not jointly, and each International Manager, severally and not jointly, agrees to purchase from the Company and Bandag and the each Selling Shareholder Shareholder, at the price per share set forth in Schedule C, that proportion of the number of Initial International Securities set forth in Schedule B opposite the name of the Company or the such Selling Shareholder, as the case may be, which the number of Initial International Securities set forth in Schedule A opposite the name of such International Manager, plus any additional number of Initial International Securities which such International Manager may become obligated to purchase pursuant to the provisions of Section 10 hereof, bears to the total number of Initial International Securities Securities, subject, in each case, to such adjustments among the International Managers as the Lead Managers in their sole discretion shall make to eliminate any sales or purchasers purchases of fractional securities.

Appears in 1 contract

Samples: International Purchase Agreement (Garmin LTD)

Initial International Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, (i) the Company and (ii) Bandag and the Selling ShareholderStockholder, severally and not jointly, each agrees agree to sell to each International Manager, severally and not jointly, and each International Manager, severally and not jointly, agrees to purchase from the Company and Bandag and the Selling Shareholder Stockholder, at the price per share set forth in Schedule C, that proportion of the number of Initial International Securities set forth in Schedule B opposite the name of the Company or the Selling ShareholderStockholder, as the case may be, which the number of Initial International Securities set forth in Schedule A opposite the name of such International Manager, plus any additional number of Initial International Securities which such International Manager may become obligated to purchase pursuant to the provisions of Section 10 hereof, hereof bears to the total number of Initial International Securities Securities, subject, in each case, to such adjustments among the International Managers as the Lead Managers in their sole discretion shall make to eliminate any sales or purchasers purchases of fractional securities.

Appears in 1 contract

Samples: International Purchase Agreement (Azurix Corp)

Initial International Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, (i) the Company and (ii) Bandag and the each Selling Shareholder, severally and not jointly, each agrees agree to sell to each International Manager, severally and not jointly, and each International Manager, severally and not jointly, agrees to purchase from the Company and Bandag and the each Selling Shareholder Shareholder, at the price per share ADS set forth in Schedule C, that proportion of the number of Initial International Securities set forth in Schedule B opposite the name of the Company or the each Selling Shareholder, as the case may be, which the number of Initial International Securities set forth in Schedule A opposite the name of such International Manager, plus any additional number of Initial International Securities which such International Manager may become obligated to purchase pursuant to the provisions of Section 10 hereof, bears to the total number of Initial International Securities Securities, subject, in each case, to such adjustments among the International Managers as the Lead Managers Manager in their its sole discretion shall make to eliminate any sales or purchasers purchases of fractional securities.

Appears in 1 contract

Samples: International Purchase Agreement (Ctrip Com International LTD)

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Initial International Securities. On The Company and each Selling Shareholder, severally and not jointly, agrees to sell to each International Manager, severally and not jointly, and on the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, (i) the Company and (ii) Bandag and the Selling Shareholder, severally and not jointly, each agrees to sell to each International Manager, severally and not jointly, and each International Manager, severally and not jointly, agrees to purchase from the Company and Bandag and the each Selling Shareholder Shareholder, at the price per share set forth in Schedule C, that proportion of the number of Initial International Securities set forth in Schedule B opposite the name of the Company or the such Selling Shareholder, as the case may be, which the number of Initial International Securities set forth in Schedule A opposite the name of such International Manager, plus any additional number of Initial International Securities which such International Manager may become obligated to purchase pursuant to the provisions of Section 10 hereof, bears to the total number of Initial International Securities subjectSecurities, subject in each case, to such adjustments among the International Managers as the Lead Managers in their sole discretion shall make to eliminate any sales or purchasers purchases of fractional securitiesshares.

Appears in 1 contract

Samples: International Purchase Agreement (Global Telesystems Group Inc)

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