PURCHASE AND SALE OF COMMON Sample Clauses

PURCHASE AND SALE OF COMMON. STOCK 1.1
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PURCHASE AND SALE OF COMMON. SHARES 1
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PURCHASE AND SALE OF COMMON. UNITS 1 1.01. Sale and Issuance of Common Units 1
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PURCHASE AND SALE OF COMMON. Subject to the terms and conditions hereof, on the Closing Date (as hereinafter defined) the Company will issue and sell to the Purchaser, and the Purchaser will purchase from the Company at a purchase price per share determined as set forth below, the Shares for a total of $2,000,000 as set forth in Section 2 below. The per share purchase price (the "Purchase Price") to be paid by the Purchaser for the Shares to be purchased from the Company on the Closing Date shall be equal to the average closing sale price for the Company's Common Stock as reported in the WALL STREET JOURNAL for the thirty (30) day period ending as of the date three (3) business days prior to the Closing Date. The number of Shares to be issued to the Purchaser at the Closing shall be determined by dividing the amount of $2,000,000 by the Purchase Price and rounding up or down to the nearest whole share.
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PURCHASE AND SALE OF COMMON. STOCK 2.1 Common Stock . . . . . . . . . . . . . . . . . . . . 8 2.2
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PURCHASE AND SALE OF COMMON. As of the Closing, upon the terms and subject to the conditions set forth in this Agreement, each Seller shall sell, assign, transfer and convey to Buyer, and Buyer shall purchase and acquire from each such Seller, all of the shares of Common held by such Seller as such ownership is set forth on Section 1.02 of the Disclosure Schedules. The purchase price to be paid by Buyer at the Closing to each Seller for the shares of Common held by such Seller shall consist of a payment at the Closing, by wire transfer of immediately available funds to the account designated by such Seller at least two business days before the Closing, of an amount of cash equal to the product of (x) the Estimated Common Purchase Price, multiplied by (y) the number of shares of Common held by such Seller as of immediately prior to the Closing divided by (z) the number of shares of Common issued and outstanding immediately prior to the Closing. Such payment shall be subject to the Purchase Price True-Up Holdback as described below.
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PURCHASE AND SALE OF COMMON. STOCK PURSUANT TO THE TENDER OFFER; AGREEMENT IN THE EVENT OF TERMINATION OF THE TENDER OFFER. Upon the commencement of the Tender Offer each Seller shall forthwith tender, or cause the Registered Owner controlled by him to tender, the shares of Common Stock beneficially owned by him as set forth on Schedule I pursuant to the terms of the Tender Offer and not withdraw such shares of Common Stock, and Purchaser shall, subject to the conditions of the Tender Offer, take up and pay for the shares of Common Stock so tendered on the date provided in (the "Tender Offer Acquisition Date"), and otherwise pursuant to the terms of, the Tender Offer. Upon the consummation of the Tender Offer, Sections 3.1.2, 3.1.3 and 3.1.4 hereof shall become null and void and of no further force and effect between the parties. In the event that the Tender Offer shall be terminated prior to Purchaser's taking up and paying for shares of the Common Stock, Sections 3.1.2, 3.1.3 and 3.1.4 hereof shall remain in full force and effect as an agreement between the parties.
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Related to PURCHASE AND SALE OF COMMON

  • 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 Common Stock Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Ten Million dollars ($10,000,000).

  • 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, 20,000 units (the “Initial Units”) at a purchase price of approximately $.004348 per Initial Unit for an aggregate purchase price of $86.84. 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 $7.00 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 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.

  • Issuance and Sale of Common Shares Section 2.01 (a)

  • 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 Common Shares and Warrants (a)Purchase of Common Shares and Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall purchase from the Company on the Closing Date (as defined below), the number of Common Shares as is set forth opposite such Buyer's name in column (4) on the Schedule of Buyers, along with the Warrants to acquire up to that number of Warrant Shares as is set forth opposite such Buyer's name in column (5) on the Schedule of Buyers (the “Closing”).

  • Purchase and Sale of Company Shares Sale of Company Shares

  • Purchase and Sale of Stock Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to Purchaser, an aggregate of 37,500 shares of the Common Stock of the Company (the "Stock") at $0.01 per share, for an aggregate purchase price of $375.00, payable in cash. The closing hereunder, including payment for and delivery of the Stock, shall occur at the offices of the Company immediately following the execution of this Agreement, or at such other time and place as the parties may mutually agree (the "Closing").

  • Purchase and Sale of Common Stock and Warrants (a) Upon the following terms and conditions, the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase from the Company, an aggregate of approximately 3,333,334 shares of Common Stock (the "Shares") at a price per share of $0.90 (the "Per Share Purchase Price") for an aggregate purchase price of $3,000,000 (the "Purchase Price"). The Company and the Purchasers are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the "Securities Act"), including Regulation D ("Regulation D"), and Regulation S promulgated thereunder. and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.

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