Purchase and Sale of Executive Units Sample Clauses

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 Class M Units at a price of $0.01 per unit and 35.488 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.39.
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Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, (i) Executive shall purchase, and Bain/ACR shall sell, 9,928.35 Class A Units at a price of $1.00 per unit and 1,103.15 Class L Units at a price of $81.00 per unit, (ii) Executive shall purchase, and Bain/ACR shall sell, a 0.25% Membership Interest in ACR Management for $3,216.46, and (iii) and Executive shall purchase, and Holdings shall sell, 11,142.93 Class B Units at a price of $0.70 per unit and 11,142.93 Class C Units at a price of $0.40 per unit. Holdings shall deliver to Executive an executed copy of the Fourth Amended and Restated Limited Partnership Agreement of Holdings (the "Partnership Agreement") indicating Executive's ownership of such --------------------- Class A Units, Class L Units, Class B Units and Class C Units and an executed copy of the First Amended and Restated Limited Liability Company Agreement of ACR Management (the "LLC Agreement") indicating Executive's ownership of such ------------- Membership Interest, and Executive shall deliver a cashier's check or wire transfer of funds in the aggregate amount of $102,500 to Bain/ACR and a cashier's check or wire transfer of funds in the aggregate amount of $12,256.57 to Holdings.
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Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall (i) purchase, and the Company shall sell, 174.7 Class A Units at a price of $100 per unit, 36.078 Class L Units at a price of $8,100 per unit, 387.92 Class B Units at a price of $0.01 per unit and 412.681 Class C Units at a price of $0.01 per unit and (ii) cause the Trustee for the benefit of the XXX to purchase, and the Company shall sell, 200 Class A Units at a price of $100 per unit, 5.556 Class L Units at a price of $8,100 per unit, 0 Class B Units at a price of $0.01 per unit and 0 Class C Units at a price of $0.01 per unit. The Company shall deliver to each of Executive and the Trustee for the benefit of the XXX an executed copy of the Company's limited liability company agreement (the "Operating Agreement") indicating each of Executive's and the IRA's ownership of -------------------- such Class A Units, Class L Units, Class B Units and Class C Units, and Executive shall (y) deliver to the Company a cashier's or certified check, or by wire transfer of immediately available funds, an aggregate principal amount of $190,000 and a promissory note in the form of Annex A attached hereto in an ------- aggregate principal amount of $119,700 (the "Executive Note") and (z) cause the -------------- Trustee for the benefit of the XXX to deliver to the Company a cashier's or certified check, or by wire transfer of immediately available funds, an aggregate principal amount of $65,000. Executive's obligations under the Executive Note shall be secured by a pledge of all of the Executive Units to the Company, and in connection therewith, Executive shall enter into a pledge agreement in the form of Annex B attached hereto (the "Pledge Agreement"). ------- ----------------
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Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 39,713.41 Class A Common Units for an aggregate price of $39,713.41 and 4,412.60 Class L Common Units for an aggregate price of $357,420.73 and Executive shall purchase, and the General Partner shall sell, the Percentage Interest for an aggregate price of $12,865.86. The Company shall deliver to Executive an executed copy of the Partnership Agreement indicating Executive's ownership of such Class A Common Units and Class L Common Units and the General Partner shall deliver to Executive an executed copy of the LLC Agreement indicating Executive's ownership of the Percentage Interest.
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Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 465.30 Class A Units at a price of $100 per unit, 51.70 Class L Units at a price of $8,100 per unit, 171.09 Class B Units at a price of $0.01 per unit and 182.01 Class C Units at a price of $0.01 per unit. The Company shall deliver to Executive an executed copy of the Company's limited liability company agreement (the "Operating Agreement") indicating ------------------- Executive's ownership of such Class A Units, Class L Units, Class B Units and Class C Units and Executive shall deliver to the Company a cashier's check or wire transfer of funds in the aggregate amount of $344,600 and a promissory note in the form of Annex A attached hereto in an aggregate principal amount of ------- $120,700 (the "Executive Note"). Executive's obligations under the Executive --------------- Note shall be secured by a pledge of all of the Executive Units to the Company, and in connection therewith, Executive shall enter into a pledge agreement in the form of Annex B attached hereto (the "Pledge Agreement"). ------- ----------------
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Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase 355.594 Class B Units at a price of $0.01 per unit and 378.291 Class C Units at a price of $0.01 per unit, and shall cause the Trustee for the benefit of the XXX to purchase, and the Company shall sell, 213.4 Class A Units at a price of $100 per unit, 23.711 Class L Units at a price of $8,100 per unit. The Company shall deliver to each of Executive and the Trustee for the benefit of the XXX an executed copy of the Company's limited liability company agreement (the "Operating Agreement") indicating Executive's and the IRA's ownership of such -------------------- Class A Units, Class L Units, Class B Units and Class C Units, and Executive shall cause the Trustee for the benefit of the XXX to deliver to the Company a cashier's or certified check, or by wire transfer of immediately available funds, an aggregate principal amount of $ 213,400.
Sample 1
Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive or his Permitted Transferees (as defined in the Investors Agreement) will purchase, and the Partnership will sell ___ of the Class B Common Units at a purchase price of $1.00 per Unit for a total purchase price of $______. The Partnership will deliver to Executive a copy of, and a receipt for, the certificate representing such Common Units, and Executive will deliver to the Partnership a cashier's or certified check or wire transfer of funds in the aggregate amount of $______.
Sample 1
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Related to Purchase and Sale of Executive Units

  • 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 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 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 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 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 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 Membership Interests Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Purchaser shall purchase from Seller, and Seller shall sell, assign, transfer and deliver to Purchaser, the Membership Interests free and clear of any Encumbrances.

  • Purchase and Sale of the Warrants (i) As payment in full for the 4,000,000 Warrants being purchased under this Agreement, the Purchaser shall pay $6,000,000 (the “Purchase Price”), by wire transfer of immediately available funds in accordance with the Company’s wiring instructions, at least one (1) business day prior to the effective date of the Registration Statement, or on such other date as the Company and the Purchaser may agree.

  • 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.

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