Purchase and Sale of the Common Shares Sample Clauses

Purchase and Sale of the Common Shares. Subject to the terms and conditions set forth herein, Seller shall issue to Buyers, and Buyers shall purchase from Seller, severally and not jointly, up to an aggregate of 8,163,265 Common Shares (the "Shares") at a price of $2.45 per Common Share, subject to adjustment as set forth in Section 5.5 (the "Share Price").
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Purchase and Sale of the Common Shares. (a) On the terms of this Agreement and subject to the satisfaction of the conditions set forth in Article V, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to issue, sell, transfer and convey to the Purchaser 4,000,000 Common Shares (the “Shares”). The purchase price for each Share shall be U.S.$2.50, for an aggregate purchase price of U.S.$10,000,000 (the “Purchase Price”), to be paid to the Company in cash upon settlement on the Closing Date (as defined below). The purchase of the Shares pursuant to this Section 1.01(a) is referred to as the “Purchase”.
Sample 1
Purchase and Sale of the Common Shares. 2.1 Purchase and Sale of the Common Shares at the Closing ----------------------------------------------------- (a) Subject to the terms and conditions hereof, each Investor agrees, severally and not jointly, to purchase at the Closing, and the Company agrees to sell and issue to each Investor, severally and not jointly, at the Closing, that number of shares of the Company's Common Stock determined by dividing (i) the dollar amount set forth opposite each Investor's name on Exhibit A hereto (the "Aggregate Purchase Price") by (ii) $4.064 (the "Original --------- Per Share Purchase Price"). (b) The closing of the purchase and sale of the Common Shares pursuant to this Agreement (the "Closing") shall take place at 10:00 a.m. at the offices of Xxxxxx Xxxxxxx Xxxxxxxx & Xxxxxx, Professional Corporation, 000 Xxxx Xxxx Xxxx, Xxxx Xxxx, Xxxxxxxxxx 00000 on the second business day (the "Closing Date") after a meeting of the stockholders of the Company, duly called for the purpose of approving the transactions contemplated by this Agreement, at which such transactions are approved by the stockholders, or at such other time and place as the Company and X.X. Xxxxxx Capital, L.P. ("XX Xxxxxx") and Patricof & Co. Ventures, Inc. ("Patricof"), acting on behalf of the Investors, may agree. (c) At the Closing, subject to the terms and conditions hereof, the Company shall deliver to each Investor a certificate representing the Common Shares purchased by such Investor from the Company, dated the date of the Closing, against payment of the purchase price therefor by wire transfer of immediately available funds to the Company's bank account and the Company shall register the issuance and ownership of the Common Shares so purchased in the stockholders' registry and books of the Company.
Sample 1
Purchase and Sale of the Common Shares. Subject to the terms and conditions hereof, at the Closing (as defined below) Issuer will issue and sell to Purchaser and Purchaser will buy from Issuer the Common Shares, free and clear of all liens, claims, options, proxies, voting agreements, charges or encumbrances in favor of any third party of whatever nature.
Sample 1
Purchase and Sale of the Common Shares. Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall sell, assign, transfer, convey and deliver, or cause to be sold, assigned, transferred, conveyed and delivered, to the Purchaser the Common Shares, and the Purchaser shall purchase and accept the Common Shares.
Sample 1
Purchase and Sale of the Common Shares. (a) Subject to the terms and conditions of this Agreement, (i) the Company shall issue and sell to Purchasers, and Purchasers, severally and not jointly, shall purchase from the Company, 2,500,000 shares of Common Stock as set forth on Exhibit A (allocated among the Purchasers as set forth on Exhibit A). Such shares of Common Stock are hereinafter sometimes referred to as the "Securities." The aggregate purchase price for the Common Shares shall be $7,500,000 (the "Aggregate Purchase Price") (allocated among the Purchasers as set forth on Exhibit A).
Sample 1
Purchase and Sale of the Common Shares. 1.1 Purchase of the Common Shares from the Company Stockholders. Upon and subject to the terms and conditions of this Agreement, at the closing of the purchase and sale of the Common Shares contemplated by this Agreement (the "Closing"), each Stockholder shall sell, transfer, convey, assign and deliver to the Buyer, and the Buyer shall purchase, acquire and accept from each Company Stockholder, all of the Common Shares owned by such Company Stockholder.
Sample 1
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Purchase and Sale of the Common Shares 
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Related to Purchase and Sale of the Common Shares

  • Purchase and Sale of Common Shares Upon the following terms and subject to the conditions contained herein, the Company shall, on the date hereof, issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of ten million two hundred thousand shares of Common Stock (the "Common Shares"). As consideration, the Purchaser shall assume financial and operational responsibility of the Company and perform certain terms and conditions as detailed in an agreement between the Purchaser and the Company dated March 11, 2005.

  • Purchase and Sale of Common Stock Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Ten Million dollars ($10,000,000).

  • Purchase and Sale of the Units At the Closing, upon the terms and subject to the conditions set forth in this Agreement, the Seller shall sell, assign, transfer, deliver and convey to the Buyer, free and clear of any Liens, and the Buyer shall purchase, accept and acquire from the Seller, the Units.

  • Purchase and Sale of the Shares Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall sell to the Purchaser, and the Purchaser shall purchase from the Seller, the Shares.

  • 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.

  • Issuance and Sale of Common Shares Section 2.01 (a)

  • Purchase and Sale of Units The Purchaser hereby subscribes for and purchases from the Company, and the Company hereby issues and sells to the Purchaser, 25,000 units (the “Initial Units”) at a purchase price of approximately $.003478 per Initial Unit for an aggregate purchase price of $86.95. Each Initial Unit consists of one share of Common Stock and one warrant (an “Initial Warrant”) to purchase one additional share of Common Stock for $6.00 in accordance with the terms of the Warrant Agreement to be entered into by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, which shall be substantially in the form attached hereto as Exhibit A (the “Warrant Agreement”). The Initial Units, together with the underlying Common Stock and the Initial Warrants, are referred to herein as the “Securities.”

  • 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 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 Stock Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to Purchaser, an aggregate of 37,500 shares of the Common Stock of the Company (the "Stock") at $0.01 per share, for an aggregate purchase price of $375.00, payable in cash. The closing hereunder, including payment for and delivery of the Stock, shall occur at the offices of the Company immediately following the execution of this Agreement, or at such other time and place as the parties may mutually agree (the "Closing").

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