Payment of Purchase Price for Shares Sample Clauses

Payment of Purchase Price for Shares. Payment for shares acquired pursuant to Options granted hereunder shall be made in full, upon exercise of the Options either:
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Payment of Purchase Price for Shares. All shares of Series D Preferred Stock to be sold to the Investors pursuant to this Agreement are hereinafter referred to collectively as the "Shares." The purchase price for the Shares shall be paid by each Investor by way of check or by delivery of a wire transfer of funds made to the order of the Company in the amount of such Investor's portion of the aggregate purchase price for the Shares.
Payment of Purchase Price for Shares. Payment for shares acquired pursuant to Options granted hereunder shall be made in accordance with Section 7 of the Plan. The Shares acquired upon exercise of Options shall be in the name of the person or persons so exercising the Options. All Shares purchased upon the exercise of Options as provided herein shall be fully paid and non-assessable.
Payment of Purchase Price for Shares. All shares of Series A Preferred Stock to be sold to the Investors pursuant to this Agreement are hereinafter referred to collectively as the "Shares." The purchase price for the Shares shall be paid by each Investor by
Payment of Purchase Price for Shares. The Purchaser of Shares pursuant to this Section shall, at its option, (a) pay the purchase price for said Shares in full at the closing by bank or certified check or by wire transfer of immediately available funds to an account designated by the Seller, or (b) pay twenty percent (20%) of the purchase price for said Shares at the closing by bank or certified check or by wire transfer of immediately available funds to an account designated by the Seller, with the principal balance thereof to be paid, together with simple interest at the rate, from time to time, of five-year United States Treasury Notes, in equal annual installments over five (5) years.
Payment of Purchase Price for Shares. All shares of Series C Preferred Stock to be sold to Investor pursuant to this Agreement are hereinafter referred to collectively as the "Shares." The aggregate purchase price for the Shares shall be Thirty Million dollars ($30,000,000). The parties acknowledge that Investor has previously paid to the Company the sum of Two Million dollars ($2,000,000) (the "Deposit") pursuant to that certain Memorandum of Terms for a Strategic Investment in Accelerated Networks, Inc. (the "Memorandum of Terms") dated February 5, 1999 between the Company and Investor. The Deposit shall be applied to the aggregate purchase price, and Investor shall pay Twenty-Eight Million dollars ($28,000,000) to the Company by way of wire transfer of immediately available funds.
Payment of Purchase Price for Shares. The Share Purchase Price shall be delivered by Buyer to the Escrow Agent to be held in accordance with the terms of the escrow agreement attached hereto as Exhibit A (the "ESCROW AGREEMENT") and, at the Closing, the Escrow Agent will, by wire transfer pursuant to the wire transfer instructions attached hereto as Schedule 2.6, deliver the Share Purchase Price to the Company.
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Payment of Purchase Price for Shares. (a) As of the Closing Date, the Purchaser shall pay to the Sellers on account of the purchase of the Shares, the Initial Consideration less (i) the Initial Holdback (as defined below) and (ii) the Dallas Deposit (as defined below).

Related to Payment of Purchase Price for Shares

  • Purchase Price for Shares On the Closing Date, the Buyer shall pay to the Seller (to such account as the Seller shall nominate) the amount of US Dollars 33,500,000 (the “Purchase Price”) in exchange for the Shares, less any amounts paid as a deposit for the Shares under that certain Master Vessel Acquisition Agreement between the Buyer and Seller, dated as of July 24, 2014. The Buyer shall have no responsibility or liability hereunder for the Seller’s allocation and distribution of the Purchase Price among the Seller Entities.

  • Payment of Purchase Price Upon Exercise At the time of any exercise, the Exercise Price of the Shares as to which this Option is exercised shall be paid in cash to the Company, unless, in accordance with the provisions of Section 4.2(c) of the Plan, the Board shall permit or require payment of the purchase price in another manner set forth in the Plan.

  • Payment of Purchase Price The Purchase Price shall be paid as follows:

  • Adjustment of Purchase Price and Number of Shares The number of shares of Common Stock issuable upon exercise of this Warrant (or any shares of stock or other securities or property receivable or issuable upon exercise of this Warrant) and the Purchase Price are subject to adjustment upon occurrence of the following events:

  • Purchase Price; Payment of Purchase Price In addition to the Assumed Liabilities described below, the aggregate consideration for the Subject Assets (the “Purchase Price”) shall be the amount equal to: $2,000,000. The Purchase Price shall be subject to adjustment as set forth in Section 1.7 below as so adjusted.

  • Receipt of Purchase Price Receipt of the Purchase Price and any adjustments due Seller under Article VII at the Closing in the manner herein provided.

  • Method of Payment of Purchase Price No later than 12:00 p.m. Eastern time on the Closing Date, Purchaser shall deposit with Escrow Agent the Purchase Price (less the Xxxxxxx Money Deposit), together with all other costs and amounts to be adjusted, pro-rated or paid by Purchaser at the Closing pursuant to the terms of this Agreement ("Purchaser's Costs"), by Federal Reserve wire transfer of immediately available funds to the account of Escrow Agent. Escrow Agent, following authorization by the parties at Closing, shall (i) pay to Seller by Federal Reserve wire transfer of immediately available funds to an account designated by Seller, the Purchase Price, subject to any costs or other amounts to be adjusted, pro-rated or paid by Seller at Closing pursuant to the terms of this Agreement, (ii) pay to the appropriate payees out of the proceeds of Closing payable to Seller all costs and amounts to be paid by Seller at Closing pursuant to the terms of this Agreement, and (iii) pay Purchaser's Costs to the appropriate payees at Closing pursuant to the terms of this Agreement. ARTICLE IV

  • Adjustment of Purchase Price NUMBER AND KIND OF SHARES OR NUMBER OF RIGHTS. The Purchase Price, the number and kind of shares covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Purchase Price; Allocation of Purchase Price (a) Subject to the terms and conditions of this Agreement, the purchase price for the Interests and the Purchased Assets (other than the Specified OUS Assets) (such amount, the “Purchase Price”) is payable as follows:

  • Adjustment of Purchase Price, Number and Kind of Shares and Number of Rights The Purchase Price, the number of shares of Preferred Stock or other securities or property purchasable upon exercise of each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

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