Common use of Issuance, Sale and Purchase of Senior Preferred Stock Clause in Contracts

Issuance, Sale and Purchase of Senior Preferred Stock. (a) Upon the terms and subject to the conditions set forth in this Agreement, and in reliance upon the representations and warranties hereinafter set forth, at the Initial Closing, the Company will issue, sell, and deliver to the Purchaser (including the Designated Purchasers), and the Purchaser will purchase from the Company, (i) 26,704 shares of Series B Preferred Stock and (ii) 49,796 shares of Series C Preferred Stock. The purchase price per share of Senior Preferred Stock shall equal $1,000.00 (the "Purchase Price").

Appears in 4 contracts

Samples: Preferred Stock Purchase Agreement (Capital Z Financial Services Fund Ii Lp), Preferred Stock Purchase Agreement (Aames Financial Corp/De), Preferred Stock Purchase Agreement (Capital Z Financial Services Fund Ii Lp)

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