Purchase and Sale of the Notes and Warrants Sample Clauses
Purchase and Sale of the Notes and Warrants. Purchase and Sale of Notes 1 Section 1.2 Warrants 1 Section 1.3 Conversion Shares 1 Section 1.4 Purchase Price and Closing 1
Purchase and Sale of the Notes and Warrants. Subject to the terms and conditions of this Agreement, on the Closing Date, each of the Investors shall severally, and not jointly, purchase, and the Company shall sell and issue to the Investors, the Notes and Warrants in the respective amounts set forth opposite the Investors' names on the signature pages attached hereto in exchange for the Purchase Price as specified in Section 3 below.
Purchase and Sale of the Notes and Warrants. Subject to the terms and conditions set forth in this Agreement, at the Closing, the Investor will purchase from the Company, and the Company will issue, sell and deliver to the Investor:
2.1 Tranche A Convertible Notes in an aggregate principal amount of US$22,250,000, with an initial conversion price of US$2.60 per Ordinary Share or US$2.60 per ADS, for a total aggregate purchase price of US$22,250,000, such amount to be paid in full, in cash to the Company at the Closing;
2.2 Tranche B Convertible Notes in an aggregate principal amount of US$13,350,000, with an initial conversion price of US$5.20 per Ordinary Share or US$5.20 per ADS, for a total aggregate purchase price of US13,350,000, such amount to be paid in full, in cash to the Company at the Closing;
2.3 Tranche C Convertible Notes in an aggregate principal amount of US$4,450,000, with an initial conversion price of US$7.80 per Ordinary Share or US$7.80 per ADS, for a total aggregate purchase price of US$4,450,000, such amount to be paid in full, in cash to the Company at the Closing;
2.4 Tranche I Warrants in an aggregate principal amount of US$5,000,000, with an initial exercise price of US$1.50 per Ordinary Share or US$1.50 per ADS;
2.5 Tranche A Warrants in an aggregate principal amount of US$2,750,000, with an initial exercise price of US$2.60 per Ordinary Share or US$2.60 per ADS;
2.6 Tranche B Warrants in an aggregate principal amount of US$1,650,000, with an initial exercise price of US$5.20 per Ordinary Share or US$5.20 per ADS; and
2.7 Tranche C Warrants in an aggregate principal amount of US$550,000, with an initial exercise price of US$7.80 per Ordinary Share or US$7.80 per ADS.
Purchase and Sale of the Notes and Warrants. (a) Subject to the terms and conditions of this Agreement and the other Transaction Agreements, each undersigned Purchaser hereby agrees to purchase from the Company the amount of Shares set forth opposite such Purchaser’s name on Exhibit A attached hereto at a price of $.005 per Share with the multiplied total being the Purchase price (the “Purchase Price”). At the Closing, the Purchase Price shall be paid to the Company, by wire transfer to Company’s bank account.
(b) The Company agrees to issue to each Purchaser a warrant in substantially the form attached hereto as Exhibit D (the “▇▇▇▇▇ Warrants”), to purchase up to a number of Common Shares equal to 100% of the number of Common Shares being purchased. (subject to adjustment pursuant to the terms of the ▇▇▇▇▇ Warrants), at a per share exercise price of $0.01 (subject to adjustment pursuant to the terms of the ▇▇▇▇▇ Warrants). The number of ▇▇▇▇▇ Warrants each Purchaser shall be issued at Closing pursuant to this Agreement and the ▇▇▇▇▇ Warrants is set forth such Purchaser’s name on Exhibit A hereto. The ▇▇▇▇▇ Warrants shall be exercisable for such period of time as set forth in the ▇▇▇▇▇ Warrants.
Purchase and Sale of the Notes and Warrants. Subject to the terms and conditions of this Agreement and on the basis of the representations and warranties made herein, each of the Purchasers hereby severally, and not jointly, agrees to purchase, and the Company hereby agrees to sell and issue to each of the Purchasers, the principal amount of Notes and Warrants to purchase the number of shares of Common Stock set forth on such Purchaser's signature page attached hereto and as indicated herein. Each Purchaser's aggregate purchase price (the "Purchase Price") for the Notes and Warrants to be purchased hereunder is set forth on such Purchaser's signature page attached hereto.
Purchase and Sale of the Notes and Warrants. At the Closing (as hereinafter defined) and subject to the terms and conditions hereof and in reliance upon the representations, warranties and agreements contained herein, the Company will issue and sell to each Investor, and each Investor will buy from the Company, the amount of Notes and number of Warrants set forth opposite such Investor's name on Exhibit A hereto for the aggregate consideration (the "Purchase Price") set forth on such Exhibit. Upon closing, the Notes and Warrants shall be delivered by the Company to the Investors in accordance with Exhibit A hereto.
Purchase and Sale of the Notes and Warrants. Subject to the terms and conditions of this Agreement, the Company hereby issues and sells to the Purchasers and each Purchaser hereby severally purchases from the Company the amount of Notes and Warrants set forth opposite each Purchaser's name on Exhibit A hereto.
Purchase and Sale of the Notes and Warrants. 1.1 AUTHORIZATION OF THE NOTES AND WARRANTS. FlashNet will authorize the issuance and sale of FlashNet's 12% Convertible Notes ("Notes"), due July 31, 1999, in the aggregate principal amount of $1,000,000, and the issuance and sale of Warrants ("Warrants") for the purchase of an aggregate of 82,000 shares of FlashNet's Common Stock, without par value ("Common Stock"), at an exercise price of one cent ($.01) per share. The Notes shall, with appropriate insertions, be substantially in the form attached as Exhibit A hereto. The Warrants shall, with appropriate insertions, be substantially in the form attached as Exhibit B hereto.
Purchase and Sale of the Notes and Warrants. Subject to the terms and conditions of this Agreement, on the date hereof, each of the Investors shall severally, and not jointly, purchase, and the Company shall sell and issue to each Investor (i) the aggregate principal amount of the Notes as is set forth opposite such Investor's name on the signature pages attached hereto and (ii) such number of Warrants as is set forth opposite such Investor's name on such signature pages for an aggregate purchase price equal to the Note Purchase Price as specified in Section 3.1
Purchase and Sale of the Notes and Warrants. Subject to the terms and conditions of this Agreement and on the basis of the representations and warranties made herein, each of the Purchasers hereby severally, and not jointly, agrees to purchase, and the Company hereby agrees to sell and issue to each of the Purchasers (a) a principal amount of Notes equal to such Purchaser’s Subscription Amount, and (b) Warrants to purchase a number of shares of Common Stock equal to 35% of such Subscription Amount divided by the Market Price as of the Closing Date.
