Issuance and Subscription of Shares Sample Clauses

Issuance and Subscription of Shares. In reliance upon the ----------------------------------- representations and warranties made herein and subject to the terms and conditions set forth herein, the Company hereby agrees to issue to the Investor, and the Investor hereby agrees to subscribe to purchase, the Shares, for a subscription price of $0.75 per share, or an aggregate subscription price of $_________ (the "Subscription Price").
Sample 1
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Issuance and Subscription of Shares. (a) Pursuant to the terms and conditions of this Agreement, the Company will issue RMB ordinary shares to the Subscriber in private placement (“this Issuance”), and the quantity of the stocks of the Company that the Subscriber will subscribe for (the “Share Subscription Quantity”) represents nineteen point ninety-nine percent (19.99%) of the total share capital of the Company immediately after this Issuance (the fractional part of the calculation result of the number of the issued shares shall be ignored). According to the total share capital of the Company as of the execution date of this Agreement and the plan for this Issuance determined by the board of directors of the Company, the Share Subscription Quantity shall be 1,861,012,043 shares. During the period from the announcement date of the board resolution regarding this Issuance (the “Pricing Benchmark Date”) to the Issuance Date, if the Company performs any rights and interests distribution, capitalization from capital public reserve, rights issue, other forms of recapitalization or it is under any other circumstance which would cause a change of the total share capital of the Company, the Company will, pursuant to the calculation formula stipulated in relevant rules of the CSRC, adjust the Share Subscription Quantity, and ensure that the Share Subscription Quantity accounts for nineteen point ninety-nine percent (19.99%) of the total share capital of the Company immediately after this Issuance (the fractional part of the calculation result of the number of the issued shares shall be ignored). The Company shall, on the date of the Effectiveness Notice, sign and deliver to the Subscriber a Share Subscription Acknowledgement Letter (in the form attached hereto as Appendix I, the “Share Subscription Acknowledgement Letter”), to notify the Subscriber of the Share Subscription Quantity.
Sample 1
Issuance and Subscription of Shares. (i) At each Closing Date (as defined below), against Vianet’s full fulfilment of its obligations under Section 1.3(b)(ii)(B) of this Exhibit 3.7 (JV Co 4 Related Provisions), JV Co 4 shall authorize, allot and issue to Vianet, and Vianet shall subscribe for such number of fully paid shares of JV Co 4 provided in the corresponding Capital Call Notice (each, the “Vianet Subscription Shares”), for such total subscription price provided in the corresponding Capital Call Notice (each, the “Vianet Subscription Price”).
Sample 1
Issuance and Subscription of Shares. Subject to the terms and --------------------------------------- conditions hereof, at the Closing (as defined hereafter), the Company will issue and sell to Concurrent and Concurrent agrees to purchase from the Company the Shares at a purchase price of U.S. $5.73 per Share or a total purchase price of U.S. $7,000,000 (the "PURCHASE PRICE"). The Purchase Price shall be paid at Closing by delivery to the Company of (i) a number of shares of Concurrent Common Stock (the "CONCURRENT SHARES"), having an aggregate value at Closing equal to U.S. $3,000,000 (or such amount in excess of U.S. $3,000,000 as shall represent the aggregate value of that number of whole shares of Concurrent Common Stock having an aggregate value at Closing that approximately equals (but is not less than) U.S. $3,000,000), and (ii) cash in U.S. dollars in an amount equal to the difference between (x) the Purchase Price and (y) the aggregate value of the Concurrent Shares delivered at Closing. For purposes of this Agreement, each Concurrent Share shall be deemed to have a value at Closing equal to the average of the closing prices of a share of Concurrent Common Stock for the twenty (20) consecutive trading days ending on the fifth (5th) trading day immediately prior to the Closing.
Sample 1
Issuance and Subscription of Shares. Gameon shall issue four hundred (400) shares of its common stock (the “Shares”) in the way of allotment of shares to the third party in accordance with guideline for the issuance of new shares as attached hereto as Exhibit 1 and Webzen shall subscribe for the Shares for JPY 48,000,000 (JPY 120,000 per share).
Sample 1
Issuance and Subscription of Shares. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, Issuer agrees to issue and allot to the Subscriber, and Subscriber agrees to subscribe for and make payment for, on the Closing Date, for a payment price (haraikomi kingaku) of twenty billion Japanese yen (¥20,000,000,000) (the “Purchase Price”) payable in cash at the Closing, that number of shares of Common Stock (the “Shares”) equal to the Purchase Price divided by a price per share (the “Per Share Price”) equal to the lesser of (i) two hundred and fifty yen (¥250) per share and (ii) ninety percent (90%) of the Volume Weighted Average Price; provided, however, that in no event shall such Per Share Price be lower than two hundred yen (¥200); provided, further that the such number of Shares so issued shall be rounded up and down to the nearest investment unit.
Sample 1
Issuance and Subscription of Shares. SECTION 2.01 Issuance and Subscription of Acquired TME Shares.
Sample 1
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Issuance and Subscription of Shares 
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Related to Issuance and Subscription of Shares

  • Subscription of Shares For the sum of U.S.$25,000, which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

  • Issuance and Repurchase of Shares The Trustees shall have the power to issue, sell, repurchase, redeem, retire, cancel, acquire, hold, resell, reissue, dispose of, transfer, and otherwise deal in, Shares, including Shares in fractional denominations, and, subject to the more detailed provisions set forth in Articles VIII and IX, to apply to any such repurchase, redemption, retirement, cancellation or acquisition of Shares any funds or property whether capital or surplus or otherwise, to the full extent now or hereafter permitted corporations formed under the Delaware General Corporation Law.

  • Purchase of Shares For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the shares (the “Original Certificate”), or effect such delivery in book-entry form.

  • Subscription and Purchase of Shares For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in the form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 375,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

  • Issuance of Shares The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

  • Acquisition of Shares The Borrower will not acquire any equity, share capital, assets or obligations of any corporation or other entity or permit its Shares to be held by any party other than the Shareholder.

  • Repurchase of Shares If any share is repurchased by any of the Funds or is tendered thereto for redemption within seven business days after confirmation by us of the original purchase order from you for such security, you shall forthwith refund to us the full compensation paid to you on the original sale.

  • Description of Shares The beneficial interest in the Trust shall be divided into Shares, all without par value. The Trustees shall have the authority from time to time to issue or reissue Shares in one or more Series of Shares (including without limitation the Series specifically established and designated in Section 4.2), as they deem necessary or desirable, to establish and designate such Series, and to fix and determine the relative rights and preferences as between the different Series of Shares as to right of redemption and the price, terms and manner of redemption, special and relative rights as to dividends and other distributions and on liquidation, sinking or purchase fund provisions, conversion rights, and conditions under which the several Series shall have separate voting rights or no voting rights. The Shares of each Series may be issued or reissued from time to time in one or more Classes, as determined by the Board of Trustees pursuant to resolution. Each Class shall be appropriately designated, prior to the issuance of any shares thereof, by some distinguishing letter, number or title. All Shares within a Class shall be alike in every particular. All Shares of each Series shall be of equal rank and have the same powers, preferences and rights, and shall be subject to the same qualifications, limitations and restrictions without distinction between the shares of different Classes thereof, except with respect to such differences among such Classes, as the Board of Trustees shall from time to time determine to be necessary or desirable, including without limitation differences in expenses, in voting rights and in the rate or rates of dividends or distributions. The Board of Trustees may from time to time increase the number of Shares allocated to any Class already created by providing that any unissued Shares of the applicable Series shall constitute part of such Class, or may decrease the number of Shares allocated to any Class already created by providing that any unissued Shares previously assigned to such Class shall no longer constitute part thereof. The Board of Trustees is hereby empowered to classify or reclassify from time to time any unissued Shares of each Series by fixing or altering the terms thereof and by assigning such unissued shares to an existing or newly created Class. Notwithstanding anything to the contrary in this paragraph the Board of Trustees is hereby empowered (i) to redesignate any issued Shares of any Series by assigning a distinguishing letter, number or title to such shares and (ii) to reclassify all or any part of the issued Shares of any Series to make them part of an existing or newly created Class.

  • Exercise of Options (a) The Option shall be exercised in accordance with the provisions of the Plan. As soon as practicable after the receipt of notice of exercise and payment of the Exercise Price as provided for in the Plan, the Company shall tender to the Optionee a certificate issued in the Optionee’s name evidencing the number of Option Shares covered thereby.

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