Purchase and Sale of the Founders’ Units Sample Clauses

Purchase and Sale of the Founders’ Units. Concurrently with the execution and delivery of this Agreement in the case of the Founders’ Units, or as such date may be extended from time to time by mutual agreement of the parties (in each case, the “Closing Date”), the Company shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company, the Founders’ Units (consisting of the Founders’ Shares and Founders’ Warrants) for the Founders’ Units Purchase Price. On the Closing Date, the Company shall deliver certificates evidencing the Founders’ Units, Founders’ Shares and Founders’ Warrants, to be purchased by the Purchaser hereunder, in each case registered in the Purchaser’s name, upon the payment by the Purchaser of the Founders’ Units Purchase Price by wire transfer of immediately available funds (or by such other means as the Company and the Purchaser shall agree) to the Company in accordance with the Company’s instructions.
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Purchase and Sale of the Founders’ Units. Concurrently with the execution and delivery of this Agreement or as such date may be extended from time to time by mutual agreement of the parties (the “Closing Date”), the Seller shall sell, assign and transfer the Founder’s Units (consisting of the Founder’s Shares and the Founder’s Warrants) it is selling hereunder to each Purchaser, free and clear of all liens, other than restrictions as may be imposed pursuant to state or federal securities laws, in consideration of the payment of the Purchase Price (as defined below). On the Closing Date, the Seller shall deliver certificates evidencing the Founder’s Units, Founder’s Shares and Founder’s Warrants to be purchased by each Purchaser hereunder upon the payment by each Purchaser of the amounts set forth opposite each Purchaser’s name on Exhibit A hereto, in the aggregate amount of $384.00 (the “Purchase Price”), by wire transfer of immediately available funds (or by such other means as the Seller and such Purchaser shall agree) to the Seller in accordance with the Seller’s wiring instructions.
Sample 1
Purchase and Sale of the Founders’ Units. Concurrently with the execution and delivery of this Agreement, the Company shall issue and sell to the Purchasers and the Purchasers shall purchase from the Company, the number of Founders’ Units listed beside each Purchaser’s name on Exhibits A for a purchase price listed beside each Purchaser’s name on Exhibits A (the “Founders’ Units Purchase Price”). As soon as practicable after the execution and delivery of this Agreement, the Company shall deliver certificates evidencing the Founders’ Units, Founders’ Shares and Founders’ Warrants to be purchased by the Purchasers hereunder, in each case registered in each Purchaser’s name, upon the payment by the Purchaser of the Founders’ Units Purchase Price, by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructions or by such other method as may be reasonably acceptable to the Company.
Sample 1

Related to Purchase and Sale of the Founders’ Units

  • Purchase and Sale of the Units Upon the terms and subject to the conditions of this Agreement, at the Closing, the Sellers shall severally sell, assign, transfer, convey and deliver, or cause to be sold, assigned, transferred, conveyed and delivered, to the Purchaser, all of the Units, and the Purchaser shall purchase the Units, free and clear of any Encumbrances.

  • 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 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 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 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 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 Membership Interests Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Purchaser shall purchase from Seller, and Seller shall sell, assign, transfer and deliver to Purchaser, the Membership Interests free and clear of any Encumbrances.

  • 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 Company Shares Sale of Company Shares

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