Common use of Purchase and Sale of Common Shares Clause in Contracts

Purchase and Sale of Common Shares. Upon the terms and conditions contained herein, the Company shall issue and sell to the Purchaser and, subject to and in reliance upon the representations, warranties, terms and conditions of this Agreement, the Purchaser shall purchase from the Company 4,646,408 shares of Common Stock of the Company (the "Purchase Shares") at a price of $1.07610 per share or $5,000,000 in the aggregate.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Safeguard Scientifics Inc Et Al), Securities Purchase Agreement (Chromavision Medical Systems Inc)

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Purchase and Sale of Common Shares. Upon the following terms and subject to the conditions contained herein, the Company shall issue and sell to the Purchaser andPurchasers and each of the Purchasers, subject to severally and in reliance upon the representations, warranties, terms and conditions of this Agreement, the Purchaser not jointly shall purchase from the Company 4,646,408 517,800 shares of Common Stock of the Company (the "Purchase Common Shares") ), at a price of $1.07610 per share or equal to $5,000,000 in 5.79375. The aggregate price of the aggregateCommon Shares shall be $3,000,000.

Appears in 1 contract

Samples: Common Stock and Warrants Purchase Agreement (Virtual Communities Inc/De/)

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Purchase and Sale of Common Shares. Upon the following terms and subject to the conditions contained herein, the Company shall issue and sell to the Purchaser andPurchasers, subject to and in reliance upon the representations, warranties, terms and conditions of this Agreement, the Purchaser Purchasers shall purchase from the Company 4,646,408 Company, an aggregate of 931,620 shares of Common Stock of the Company (the "Purchase Common Shares") ), at a price of $1.07610 per share or equal to $5,000,000 in 1.0734. The aggregate price of the aggregateCommon Shares shall be $1,000,000.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Objectsoft Corp)

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