Purchase and Sale of Series A Preferred Sample Clauses
Purchase and Sale of Series A Preferred. (a) Subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the Purchasers, and each Purchaser agrees that it will purchase from the Company, on the Closing Date, such number of shares of Series A Preferred (all of the shares of Series A Preferred being purchased pursuant to this Section 2.1(a) being referred to herein as the “Purchased Shares”) and Warrants set forth opposite such Purchaser’s name on Schedule A hereto for the aggregate purchase price of Six Million Dollars ($6,000,000.00).
(b) The Purchased Shares shall have the preferences and rights set forth in the Certificate of Designation for the Series A Preferred.
Purchase and Sale of Series A Preferred. On the terms and subject to the conditions set forth in this Agreement, at the Closing, the Company will issue and sell to the Series A Investors, and the Series A Investors will purchase from the Company, up to an aggregate of 819,886 shares of the Series A Preferred for a purchase price of $3.92 per share. The number of shares of Series A Preferred to be purchased by each Series A Investor and the aggregate purchase price to be paid by each Series A Investor is set forth on Schedule A.
Purchase and Sale of Series A Preferred. STOCK Section 1.1
Purchase and Sale of Series A Preferred. Simultaneously upon the execution of this Agreement, and in reliance upon the representations and warranties of the Company set forth herein or in any certificate or other document delivered pursuant hereto, the Company shall issue, sell and deliver to the Nominee, on behalf of the Investors, and the Investors shall purchase from the Company at a purchase price of $1,000.00 per share, 12,000 shares of Series A Preferred (the "Series A Preferred Shares") having the rights and preferences set forth in the Articles Supplementary attached hereto as Exhibit A.
Purchase and Sale of Series A Preferred