Purchase and Sale of Investor Stock Sample Clauses

Purchase and Sale of Investor Stock. At the Closing (as defined in ----------------------------------- Section 1C below), the Company shall sell to the Purchaser and, subject to the terms and conditions set forth herein, the Purchaser shall purchase from the Company 3,443 shares of the Class C Common at a price of $0.01 per share.
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Purchase and Sale of Investor Stock. (a) The closing of the transactions contemplated by this Agreement (the "Closing") shall take place upon satisfaction or waiver of all conditions to the obligations of the parties hereto to consummate the transactions contemplated hereby or such other date as the parties hereto may mutually determine (the "Closing Date"). On the Closing Date, (i) each of Boyle, McGinley, and Crowxxx xxxl purchase, and the Company will sell (A) 11,847, 3,949, and 3,949 shares of Common Stock, respectively, at a price of $88.63 per share (the "Common Stock Share Price") and (B) 1,500 and 500 shares of Series B Preferred, respectively, at a price of $100 per share, and (ii) the Company will deliver to each Investor certificates representing such shares, and
Purchase and Sale of Investor Stock. At the Closing, the ----------------------------------- Company shall sell to each Purchaser and, subject to the terms and conditions set forth herein, each Purchaser shall purchase from the Company the number of shares of Investor Stock set forth opposite such Purchaser's name on the Schedule of Purchasers attached hereto at the prices specified therein. The sale of the Investor Stock to each Purchaser shall constitute a separate sale hereunder.
Purchase and Sale of Investor Stock. (1) Upon execution of this Agreement, Investor shall purchase, and the Company shall sell to Investor, 1,022 shares of Class B Common Stock at a price of $100 per share and 154 shares of Preferred Stock at a price of $1,000 per share for an aggregate purchase price of $256,200. The Company shall deliver to Investor a copy of the certificate representing such shares of Class B Common Stock and a copy of the certificate representing such shares of Preferred Stock (the originals of which the Company shall retain), and Investor shall pay to the Company $11.76 in cash and shall deliver to the Company a promissory note in the form of ANNEX A attached hereto in an aggregate principal amount of $256,188.24 (the "Investor Note"). Investor's obligation under the Investor Note ------------- shall be secured by a pledge of the 1,022 shares of Class B Common Stock and the 154 shares of Preferred Stock purchased by Investor hereunder and in connection therewith, Investor shall enter into a pledge agreement in the form of ANNEX B attached hereto. The Company and Investor hereby agree that 924 of the shares of Class B Common Stock and 139 of the shares of Preferred Stock purchased by Investor hereunder are purchased pursuant to the Gross-up Pool and that the other 98 shares of Class B Common Stock and 15 shares of Preferred Stock purchased by Investor hereunder are not purchased in connection with the Gross-up Pool.

Related to Purchase and Sale of Investor Stock

  • PURCHASE AND SALE OF INVESTMENTS OF THE FUND OTHER THAN OPTIONS, FUTURES CONTRACTS AND FUTURES CONTRACT OPTIONS

  • Purchase and Sale of Preferred Shares Upon the following terms and conditions, CDRD shall issue and sell to each Investor severally, and each Investor severally shall purchase from CDRD, the number of First Closing Shares and up to the number of Second Closing Shares indicated next to such Investor's name on Schedule I attached to this Agreement."

  • Purchase and Sale of Preferred Stock 1.1 Sale and Issuance of Series A Preferred Stock. ---------------------------------------------

  • Purchase and Sale of Investments of the Fund 1. Promptly after each purchase of Securities by the Fund, the Fund shall deliver to the Custodian (i) with respect to each purchase of Securities which are not Money Market Securities, a Certificate or Written Instructions, and (ii) with respect to each purchase of Money Market Securities, Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such purchase: (a) The name of the issuer and the title of the Securities, (b) the principal amount purchased and accrued interest, if any, (c) the date of purchase and settlement, (d) the purchase price per unit, (e) the total amount payable by the Fund upon such purchase and (f) the name of the person from whom or the broker through whom the purchase was made. The Custodian shall upon receipt of Securities purchased by or for the Fund, pay out of the monies held for the account of the Fund the total amount payable to the person from whom or the broker through whom the purchase was made, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions, or Oral Instructions.

  • 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 Preferred Shares and Warrants 1.1.1. On or prior to the Initial Closing, as hereinafter defined, the Company shall adopt and file the Certificate of Designation with the Secretary of State of the State of Delaware and authorize, execute and deliver the Warrant Agreement.

  • 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 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.

  • 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 Company Shares Sale of Company Shares

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