Purchase and Sale of Purchase Shares Sample Clauses

Purchase and Sale of Purchase Shares. Redemption of Series A Preferred Stock; Exchange of Exchange Shares.............................. 15 2.02
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Purchase and Sale of Purchase Shares. Closing and Manner of Payment -------------------------------------------------------------------
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Purchase and Sale of Purchase Shares. On the terms and subject to the conditions set forth herein, at the closing of the transactions described herein (the "Closing"), the Sellers agree to sell and transfer to the Company, and the Company agrees to purchase from the Sellers, the Purchase Shares of each Seller at a purchase price of $19.50 per share (the "Purchase Price"). The aggregate Purchase Price for the Purchase Shares is $19,500,000, of which $7,449,000 shall be paid to Prudential and $12,051,000 shall be paid to PCG. The Sellers represent and warrant that the Purchase Shares are free of any liens, charges or encumbrances.
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Purchase and Sale of Purchase Shares. On the terms and subject to the conditions set forth herein, at the Closing, each Selling Stockholder agrees to sell and transfer to the Company, and the Company agrees to purchase from such Selling Stockholder, such Selling Stockholder's Offered Shares, less any shares of Common Stock sold pursuant to the over-allotment option granted to the Underwriters in the Offering (the number of Offered Shares to be purchased by the Company being referred to as the "Purchase Shares"), at a purchase price per share equal to the per share proceeds (net of underwriting discounts and commissions) to the Selling Stockholders for the shares sold in the Offering (the "Purchase Price"). The Purchase Shares shall not be purchased or sold pursuant to this Agreement unless the Offering is consummated.
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Purchase and Sale of Purchase Shares. On the terms and subject to the conditions set forth herein, at the Closing, C&D Fund IV agrees to sell and transfer to the Company, and the Company agrees to purchase from C&D Fund IV, 3,000,000 shares (the "Purchase Shares") of Lexmark Common Stock, at a purchase price per share equal to the lesser of (x) $34.8125 (the closing price of Lexmark Common Stock on October 20, 1997, the date the Company issued its earnings press release), and (y) the per share proceeds to the Selling Stockholders for the Registered Shares sold in the Offering (the "Purchase Price"). The Purchase Shares shall not be purchased or sold pursuant to this Agreement unless the Offering is consummated.
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Purchase and Sale of Purchase Shares. On the terms and subject to the conditions set forth herein, at the Closing, ASI Partners agrees to sell and transfer to ASCI, and ASCI agrees to purchase from ASI Partners, at the Offering Price (as hereafter defined), that number of Kelsx Xxxres (the "Purchase Shares") equal to $300,000,000 divided by the Offering Price, rounded to the nearest whole share, and reduced by the number of such shares included in and purchased by the underwriters pursuant to an option (the "Option") to be granted to the underwriters of the Offering to purchase up to 15% of the Registered Shares (as hereafter defined) in order to cover over-allotments, ASI Partners hereby agreeing to provide such option to such underwriters for thirty days following the date of the prospectus for such Offering. The Purchase Shares shall be free of any liens, charges or encumbrances. The Purchase Shares shall not be purchased or sold pursuant to this Agreement unless the Registered Shares are sold at the Closing.
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Purchase and Sale of Purchase Shares 
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Related to Purchase and Sale of Purchase Shares

  • Purchase and Sale of Purchased Shares At the Closing and on the terms and subject to the conditions set forth in this Agreement, Sellers shall sell and deliver to Purchaser, and Purchaser shall purchase from Sellers and pay therefor, the Purchased Shares, free and clear of any and all Encumbrances and in suitable form for transfer to Purchaser.

  • Purchase and Sale of Purchased Assets On the terms and subject to the conditions set forth in this Agreement, at the Closing, the Purchaser will purchase from the Seller, and the Seller will sell, transfer, assign, convey and deliver to the Purchaser the Purchased Assets pursuant to the Xxxx of Sale.

  • 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.

  • Purchase and Sale of Shares and Warrants Subject to the satisfaction (or waiver) of the conditions to Closing set forth in this Agreement and the Escrow Agreement, each Subscriber shall purchase the Shares and Warrants for the portion of the Purchase Price indicated on the signature page hereto, and the Company shall sell such Shares and Warrants to the Subscriber. The Purchase Price for the Shares and Warrants shall be paid in cash. The entire Purchase Price shall be allocated to the Shares.

  • 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 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 Shares and Warrants Subject to the terms and conditions of this Agreement, on the Closing Date, each of the Investors shall severally, and not jointly, purchase, and the Company shall sell and issue to the Investors, the Shares and Warrants in the respective amounts set forth opposite the Investors’ names on the signature pages attached hereto in exchange for the Purchase Price as specified in Section 3 below.

  • 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 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 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.

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