Common use of ISSUANCE AND SALE OF THE SHARES; REPRESENTATIONS, WARRANTIES AND COVENANTS OF PURCHASER Clause in Contracts

ISSUANCE AND SALE OF THE SHARES; REPRESENTATIONS, WARRANTIES AND COVENANTS OF PURCHASER. a. Subject to the terms and conditions set forth herein, on the Closing Date, the Company shall issue and sell and the Purchaser hereby agrees to purchase from the Company, the Shares at a purchase price of one dollar ($1.00) per Share and the Company agrees to issue and sell such Shares to the Purchaser for said price. Subject to the terms and conditions set forth herein, within five (5) days after the Closing Date, the Company shall issue and deliver to Purchaser a certificate in definitive form, registered in the name of the Purchaser or such Purchaser's nominee, evidencing the Shares so issued and sold to such Purchaser hereunder. The Purchaser further agrees that payment for the Shares shall be made to the Company, in accordance with any instructions from the Company regarding such payment, in good funds on or before April 6, 1999, unless such date is extended by the Company (the "Closing Date").

Appears in 2 contracts

Samples: Stock Purchase Agreement (Worldwide Data Inc), Stock Purchase Agreement (Worldwide Data Inc)

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ISSUANCE AND SALE OF THE SHARES; REPRESENTATIONS, WARRANTIES AND COVENANTS OF PURCHASER. a. Subject to the terms and conditions set forth herein, on the Closing Date, the Company shall issue and sell and the Purchaser hereby agrees to purchase from the Company, the Shares at a purchase price of one dollar ($1.00) per Share and the Company agrees to issue and sell such Shares to the Purchaser for said price. Subject to the terms and conditions set forth herein, within five thirty-one (531) days after the Closing Date, the Company shall issue and deliver to Purchaser a certificate in definitive form, registered in the name of the Purchaser or such Purchaser's nominee, evidencing the Shares so issued and sold to such Purchaser hereunder. The Purchaser further agrees that payment for the Shares shall be made to the Company, in accordance with any instructions from the Company regarding such payment, in good funds on or before April 6November 18, 19991998, unless such date is extended by the Company (the "Closing Date").

Appears in 2 contracts

Samples: Stock Purchase Agreement (Worldwide Data Inc), Stock Purchase Agreement (Worldwide Data Inc)

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ISSUANCE AND SALE OF THE SHARES; REPRESENTATIONS, WARRANTIES AND COVENANTS OF PURCHASER. a. Subject to the terms and conditions set forth herein, on the Closing Date, the Company shall issue and sell and the Purchaser hereby agrees to purchase from the Company, the Shares at a purchase price of one dollar ($1.00) per Share and the Company agrees to issue and sell such Shares to the Purchaser for said price. Subject to the terms and conditions set forth herein, within five thirty-one (531) days after the Closing Date, the Company shall issue and deliver to Purchaser a certificate in definitive form, registered in the name of the Purchaser or such Purchaser's nominee, evidencing the Shares so issued and sold to such Purchaser hereunder. The Purchaser further agrees that payment for the Shares shall be made to the Company, in accordance with any instructions from the Company regarding such payment, in good funds on or before April 6March 21, 1999, unless such date is extended by the Company (the "Closing Date").

Appears in 2 contracts

Samples: Stock Purchase Agreement (Worldwide Data Inc), Stock Purchase Agreement (Worldwide Data Inc)

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