PURCHASE AND SALE OF BALBOA SHARES Sample Clauses

PURCHASE AND SALE OF BALBOA SHARES. 2 1.1 Agreement to Purchase and Sell 2 1.2 Closing 2 1.3 Purchase Price 2 1.4 Reimbursement For Expenses 3 2. REPRESENTATIONS AND WARRANTIES OF SELLER 3 2.1 Organization/Good Standing 3 2.2 Authority 3 2.3 Binding Obligation of Seller 3 2.4 Title to the Balboa Shares 3 2.5 Expense Reimbursement Schedule 4 2.7 Compliance 4 2.8 Subsidiaries 4 2.9 Brokers and Finders 4 2.10 Proxy Statement/Schedule 13(D) 4 2.11 Permits 5 2.12 Litigation 5 2.13 Accuracy of Information 5 2.14 Investment Intent 5 2.15 Reliance Upon Seller's Representations6 2.16 Receipt of Information 6 2.17 Restricted Securities 6 2.18 Investment Experience 6 2.19 Accredited Investor 7 2.20 Legend on Note 8 3. REPRESENTATIONS AND WARRANTIES OF PURCHASER 8 3.1 Organization/Good Standing 8 3.2 Authority 8 3.3 Binding Obligation of Purchaser 8 3.4 Compliance 9 3.5 Subsidiaries 9 3.6 Brokers and Finders 9 3.7 Proxy Statement/Schedule 13(D) 9 3.8 Permits 10 3.9 Litigation 10 3.10 Accuracy of Information 10
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Related to PURCHASE AND SALE OF BALBOA SHARES

  • Purchase and Sale of Units The Purchaser hereby subscribes for and purchases from the Company, and the Company hereby issues and sells to the Purchaser, 25,000 units (the “Initial Units”) at a purchase price of approximately $.003478 per Initial Unit for an aggregate purchase price of $86.95. Each Initial Unit consists of one share of Common Stock and one warrant (an “Initial Warrant”) to purchase one additional share of Common Stock for $6.00 in accordance with the terms of the Warrant Agreement to be entered into by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, which shall be substantially in the form attached hereto as Exhibit A (the “Warrant Agreement”). The Initial Units, together with the underlying Common Stock and the Initial Warrants, are referred to herein as the “Securities.”

  • Purchase and Sale of Shares Closing Subject to the terms and conditions of this Agreement, the Company agrees to sell to Purchaser at the Closing, and Purchaser agrees to purchase from the Company at the Closing, 10,000,000 shares of Common Stock (the “Shares”), at a price per share of $6.00 (the “Purchase Price”). Subject to the satisfaction or waiver of the covenants and conditions set forth in Sections 2.3 and 2.4, the Closing shall occur on the date hereof at the offices of Xxxxxxxx & Xxxxxxxx or such other location as the parties shall mutually agree.

  • Purchase and Sale of the Units Upon the terms and subject to the conditions of this Agreement, at the Closing, the Sellers shall severally sell, assign, transfer, convey and deliver, or cause to be sold, assigned, transferred, conveyed and delivered, to the Purchaser, all of the Units, and the Purchaser shall purchase the Units, free and clear of any Encumbrances.

  • Purchase and Sale of the Purchased Shares On and subject to the terms and conditions set forth in this agreement, at Closing Seller shall sell to Purchaser, and Purchaser shall purchase from Seller, the Purchased Shares, free and clear of all Liens.

  • Purchase and Sale of Shares 2.1.1. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller shall sell, transfer and deliver to Buyer, free and clear of all Liens (other than Liens under the Securities Act and any other applicable state or foreign securities Laws), and Buyer shall purchase from Seller, all right, title and interest in and to the Shares.

  • Purchase and Sale of Company Shares Sale of Company Shares

  • Purchase and Sale of Common Shares (a) Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties set forth in Schedule B to this Agreement, the Purchaser hereby agrees to purchase from the Company and the Company hereby agrees to sell to the Purchaser, on the Closing Date, 104,500,000 Common Shares (the “Purchased Shares”) at a price of $48.60 per Purchased Share for an aggregate purchase price of $5,078,700,000 (the “Share Purchase Price”).

  • Purchase and Sale of Shares and Warrants Subject to the satisfaction (or waiver) of the conditions to Closing set forth in this Agreement and the Escrow Agreement, each Subscriber shall purchase the Shares and Warrants for the portion of the Purchase Price indicated on the signature page hereto, and the Company shall sell such Shares and Warrants to the Subscriber. The Purchase Price for the Shares and Warrants shall be paid in cash. The entire Purchase Price shall be allocated to the Shares.

  • Purchase and Sale of the Shares Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall sell to the Purchaser, and the Purchaser shall purchase from the Seller, the Shares.

  • Purchase and Sale of Purchased Shares At the Closing and on the terms and subject to the conditions set forth in this Agreement, Sellers shall sell and deliver to Purchaser, and Purchaser shall purchase from Sellers and pay therefor, the Purchased Shares, free and clear of any and all Encumbrances and in suitable form for transfer to Purchaser.

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