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

Purchase and Sale of Preferred Shares. Subject to the terms hereof, the Company agrees to issue and sell to Purchaser, and Purchaser hereby agrees to purchase from the Company, Two Thousand Five Hundred (2,500) Preferred Shares, at a purchase price of One Thousand Dollars ($1,000.00) per share. The Purchaser shall acquire the Preferred Shares on the Closing Date in an aggregate principal amount of Two Million Five Hundred Thousand Dollars ($2,500,000.00) (the " Purchase Price ").

Appears in 1 contract

Samples: Subscription and Securities Purchase Agreement (Speedemissions Inc)

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Purchase and Sale of Preferred Shares. Subject to the terms hereof, the Company agrees to issue and sell to Purchaser, and Purchaser hereby agrees to purchase from the Company, Two One Thousand Five Seven Hundred Fifty (2,5001,750) Preferred Shares, at a purchase price of Nine Hundred Fifty Dollars ($950.00) per One Thousand Dollars ($1,000.001,000) in stated value per share. The Purchaser shall acquire the Preferred Shares on the Closing Date in an aggregate principal amount of Two One Million Five Seven Hundred Fifty Thousand Dollars ($2,500,000.001,750,000.00) (the " Purchase Price "Price”).

Appears in 1 contract

Samples: Subscription And (Next Inc/Tn)

Purchase and Sale of Preferred Shares. Subject to the terms hereof, the Company agrees to issue and sell to Purchaser, and Purchaser hereby agrees to purchase from the Company, One Thousand Two Thousand Five Hundred Fifty (2,5001,250) Preferred Shares, at a purchase price of One Thousand Dollars ($1,000.00) per One Thousand Dollars ($1,000) in stated value per share. The Purchaser shall acquire the Preferred Shares on the Closing Date in an aggregate principal amount of One Million Two Million Five Hundred Fifty Thousand Dollars ($2,500,000.00$ 1,250,000) (the " "Purchase Price Price").

Appears in 1 contract

Samples: Subscription and Securities Purchase Agreement (Avitar Inc /De/)

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Purchase and Sale of Preferred Shares. Subject to the terms hereof, the Company agrees to issue and sell to Purchaser, and Purchaser hereby agrees to purchase from the Company, Two One Thousand Five Hundred (2,5001,000) Preferred Shares, at a purchase price of One Thousand Dollars ($1,000.00) per One Thousand Dollars ($1,000) in stated value per share. The Purchaser shall acquire the Preferred Shares on the Closing Date in an aggregate principal amount of Two One Million Five Hundred Thousand Dollars ($2,500,000.001,000,000.00) (the " "Purchase Price Price").. 2.2

Appears in 1 contract

Samples: Subscription and Securities Purchase Agreement (Avitar Inc /De/)

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