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

Purchase and Sale of Subject Shares. Subject to (a) the terms and conditions set forth in this Agreement and (b) concurrent with the consummation of the Issuer’s agreement to issue and sell the IPO Shares to the Underwriters upon the satisfaction of the terms and conditions set forth in the Underwriting Agreement (the “IPO Closing”), the Issuer agrees to issue to the Purchaser 2,000,000 shares of Common Stock (the “Subject Shares”), and the Purchaser agrees to purchase the Subject Shares, for a price per share equal to the IPO Price, which in the aggregate equals $40,000,000 (the “Subject Shares Purchase Price”).

Appears in 2 contracts

Samples: Stock Purchase Agreement (American Capital Mortgage Investment Corp.), Stock Purchase Agreement (American Capital, LTD)

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Purchase and Sale of Subject Shares. Subject to (a) the terms and conditions set forth in this Agreement and (b) concurrent with the consummation of the Issuer’s agreement to issue and sell the IPO Shares to the Underwriters upon the satisfaction of the terms and conditions set forth in the Underwriting Agreement (the “IPO Closing”), the Issuer agrees to issue to the Purchaser 2,000,000 1,000,000 shares of Common Stock (the “Subject Shares”), and the Purchaser agrees to purchase the Subject Shares, for a price per share equal to the IPO Price, which in the aggregate equals $40,000,000 20,000,000 (the “Subject Shares Purchase Price”).

Appears in 1 contract

Samples: Stock Purchase Agreement (Middleman Stanley C.)

Purchase and Sale of Subject Shares. Subject to (a) the terms and conditions set forth in this Agreement and (b) concurrent with the consummation of the Issuer’s agreement to issue and sell the IPO Shares to the Underwriters upon the satisfaction of the terms and conditions set forth in the Underwriting Agreement (the “IPO Closing”), the Issuer agrees to issue to the Purchaser 2,000,000 [ ] shares of Common Stock (the “Subject Shares”), and the Purchaser agrees to purchase the Subject Shares, for a price per share equal to the IPO Price, which in the aggregate equals $40,000,000 [ ] (the “Subject Shares Purchase Price”).

Appears in 1 contract

Samples: Stock Purchase Agreement (Cherry Hill Mortgage Investment Corp)

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Purchase and Sale of Subject Shares. Subject to (a) the terms and conditions set forth in this Agreement and (b) concurrent with the consummation of the Issuer’s agreement to issue and sell the IPO Shares to the Underwriters upon the satisfaction of the terms and conditions set forth in the Underwriting Agreement (the “IPO Closing”), the Issuer agrees to issue to the Purchaser 2,000,000 1,250,000 shares of Common Stock (the “Subject Shares”), and the Purchaser agrees to purchase the Subject Shares, for a price per share equal to the IPO Price, which in the aggregate equals $40,000,000 25,000,000 (the “Subject Shares Purchase Price”).

Appears in 1 contract

Samples: Form of Stock Purchase Agreement (American Capital Mortgage Investment Corp.)

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