Purchase and Sale of Subscription Shares Sample Clauses
Purchase and Sale of Subscription Shares. (1) In reliance upon the representations and warranties of the Company set forth in Schedule D, effective as of Closing, the Purchaser hereby subscribes for, and the Company hereby issues to the Purchaser, the Subscription Shares, free and clear of all Encumbrances other than as set forth in the Disclosure Letter, Encumbrances under Securities Laws and the undertakings of the Company and INX Limited towards the holders of the INX Tokens as specified in the F-1.
(2) The Subscription Shares shall, subject to the payment of the Subscription Price therefor, be issued to the Purchaser at Closing by way of the direct registration system (“DRS”) registered in the name of the Purchaser (or in such other name as the Purchaser shall have notified the Company in writing not less than one Business Day prior to Closing).
(3) Closing shall occur on the 60th day immediately following the date hereof, or on such earlier date as the Purchaser may indicate in writing to the Company and confirmed by the Company.
Purchase and Sale of Subscription Shares. At the Closing, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, the Subscription Shares (which number of Ordinary Shares are forth opposite the Investor’s name in Schedule I) on the terms and subject to the conditions set forth herein, free and clear of any Liens. At the Closing, the Investor shall pay the Company US$23,000,000 (the “Subscription Price”) as consideration for the Subscription Shares.
Purchase and Sale of Subscription Shares. Section 2.1 Purchase and Sale of Subscription Shares. 15 Section 2.2 Subscription Price. 15 Section 2.3 Use of Proceeds and Segregated Bank Account 15
Purchase and Sale of Subscription Shares. (1) In reliance upon the representations and warranties of the Company set forth in Schedule A, the Purchaser hereby subscribes for, and the Company hereby issues to the Purchaser, the Subscription Shares, free and clear of all Encumbrances other than Encumbrances under (a) Securities Laws and (b) the Investor Rights Agreement.
(2) The Subscription Shares shall be issued contemporaneously herewith to the Purchaser by way of the direct registration system (“DRS”) registered in the name of the Purchaser (or in such other name as the Purchaser shall have notified the Company in writing not less than one Business Day prior to the date hereof).
Purchase and Sale of Subscription Shares. Subject to all of the terms and conditions of this Agreement, the Employee hereby subscribes for and agrees to purchase, and the Company hereby agrees to sell to the Employee, the Subscription Shares, at a price per share equal to the Per Share Purchase Price, for an aggregate purchase price equal to the Purchase Price.
Purchase and Sale of Subscription Shares. (1) Subject to the terms and conditions of this Agreement, the Purchaser hereby subscribes for and agrees to purchase the Subscription Shares from the Company on the Closing Date, and the Company hereby accepts such subscription and agrees to issue the Subscription Shares from treasury and sell the Subscription Shares to the Purchaser on such date, for an aggregate subscription price equal to the Subscription Proceeds.
(2) Subject to the satisfaction of the terms and conditions of this Agreement, at the Closing Time, the Purchaser shall pay, or cause to be paid, in full satisfaction of the aggregate subscription price for the Subscription Shares, the Subscription Proceeds by wire transfer of immediately available funds to the account specified by the Company in writing to the Purchaser (or as the Company may direct), which funds shall be paid in the Euro equivalent of the Subscription Proceeds in an amount based on the CAD:EUR exchange rate quoted by the Bank of Canada on the date that is four (4) Business Days prior to the Closing Date.
(3) The Subscription Shares shall be issued free and clear of all Encumbrances, other than Encumbrances under (a) Securities Laws and (b) the Amended & Restated Investor Rights Agreement.
(4) The Subscription Shares shall be issued contemporaneously with the Closing to the Purchaser by way of the direct registration system (“DRS”) registered in the name of the Purchaser (or in such other name as the Purchaser shall have notified the Company in writing not less than two (2) Business Days prior to the Closing Date).
Purchase and Sale of Subscription Shares