Common use of Purchase and Sale of the Purchased Equity Clause in Contracts

Purchase and Sale of the Purchased Equity. On the basis of the representations, warranties, covenants and agreements set forth herein, but subject to the terms and conditions set forth herein (including without limitation the condition set forth in Section 1C below and the covenants of the Company set forth in Section 8 below), at the Closing the Company shall sell to the Purchasers and the Purchasers shall purchase from the Company an aggregate of 2,945 shares of Series B Preferred for an aggregate purchase price of $2,945,000 and an aggregate of 155 shares of Series C Preferred for an aggregate purchase price of $155,000. The obligations of each Purchaser shall be several, with each Purchaser obligated only to purchase the number of shares of Purchased Equity set forth opposite such Purchaser's name on the Schedule of Purchasers attached hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ziff Davis Intermediate Holdings Inc)

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Purchase and Sale of the Purchased Equity. On the basis of the representations, warranties, covenants and agreements set forth herein, but subject to the terms and conditions set forth herein (including without limitation the condition set forth in Section 1C below and the covenants of the Company set forth in Section 8 below), at the Closing the Company shall sell to the Purchasers and the Purchasers shall purchase from the Company an aggregate of 2,945 2,850.00 shares of Series B Preferred for an aggregate purchase price of $2,945,000 2,850,000 and an aggregate of 155 150.00 shares of Series C Preferred for an aggregate purchase price of $155,000150,000. The obligations of each Purchaser shall be several, with each Purchaser obligated only to purchase the number of shares of Purchased Equity set forth opposite such Purchaser's name on the Schedule of Purchasers attached hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ziff Davis Intermediate Holdings Inc)

Purchase and Sale of the Purchased Equity. On the basis of the representations, warranties, covenants and agreements set forth herein, but subject to the terms and conditions set forth herein (including without limitation the condition set forth in Section 1C below and the covenants of the Company set forth in Section 8 below), at the Closing the Company shall sell to the Purchasers and the Purchasers shall purchase from the Company an aggregate of 2,945 3,800 shares of Series B Preferred for an aggregate purchase price of $2,945,000 3,800,000 and an aggregate of 155 200 shares of Series C Preferred for an aggregate purchase price of $155,000200,000. The obligations of each Purchaser shall be several, with each Purchaser obligated only to purchase the number of shares of Purchased Equity set forth opposite such Purchaser's name on the Schedule of Purchasers attached hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ziff Davis Intermediate Holdings Inc)

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Purchase and Sale of the Purchased Equity. On the basis of the representations, warranties, covenants and agreements set forth herein, but subject to the terms and conditions set forth herein (including without limitation the condition set forth in Section 1C below and the covenants of the Company set forth in Section 8 below), at the Closing the Company shall sell to the Purchasers and the Purchasers shall purchase from the Company an aggregate of 2,945 2,850 shares of Series B Preferred for an aggregate purchase price of $2,945,000 2,850,000 and an aggregate of 155 150 shares of Series C Preferred for an aggregate purchase price of $155,000150,000. The obligations of each Purchaser shall be several, with each Purchaser obligated only to purchase the number of shares of Purchased Equity set forth opposite such Purchaser's name on the Schedule of Purchasers attached hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ziff Davis Intermediate Holdings Inc)

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