Purchase and Sale of the Purchased Securities. Subject to the terms and conditions hereof, the Seller hereby agrees to sell to each Purchaser, and each Purchaser hereby irrevocably agrees to purchase from the Seller, all of the Seller’s right, title and interest in, to and under, the Purchased Securities in amounts set forth opposite such Purchaser’s name on Schedule I attached hereto.
Purchase and Sale of the Purchased Securities. On the terms and subject to the conditions set forth in this Agreement, at each Closing, Seller will sell, assign, transfer, convey and deliver to Buyer, and Buyer will purchase, assume, accept, acquire and receive from Seller, (i) the Purchased Securities applicable to such Closing and (ii) any necessary amendments to Key Contracts, both free and clear of all Encumbrances (other than Permitted Encumbrances).
Purchase and Sale of the Purchased Securities. 1.1. Sale and Issuance of Common Stock.
Purchase and Sale of the Purchased Securities. At the Closing, subject to the terms and conditions herein set forth, the Company hereby agrees to issue and sell, transfer, and deliver to the Purchaser, and the Purchaser hereby agrees to purchase from the Company: (a) if the ProFrac Transaction has been consummated prior to the Closing Date, the principal amount of $50,000,000 of Purchased Securities, in consideration of the execution and delivery by ProFrac of the Supply Agreement Amendment; or (b), if the ProFrac Transaction has not been consummated prior to the Closing Date, at the Purchaser’s election, either (i) the principal amount of $25,0000,000 of Purchased Securities, in consideration of the execution and delivery by ProFrac of the Alternate Supply Agreement Amendment in the form of Exhibit A-2 (the “Alternate Supply Agreement Amendment”), or (ii) the principal amount of $50,000,000 of Purchased Securities, in consideration of the execution and delivery by ProFrac of the Alternate Supply Agreement Amendment and the payment of the Cash Amount.
Purchase and Sale of the Purchased Securities. Upon the terms and subject to the conditions set forth herein, at the Closing (as defined below):
Purchase and Sale of the Purchased Securities. On and subject to the terms and conditions set forth in this agreement, at Closing Sellers shall sell to Purchaser, and Purchaser shall purchase from Sellers, the Purchased Securities, free and clear of all Liens.
Purchase and Sale of the Purchased Securities. 1.1 Subject to the terms and conditions of this Agreement, at the Closing (as defined below), the Seller shall sell, convey, assign and deliver to the Company, and the Company shall purchase from the Seller, the Purchased Securities and any and all rights and benefits incident to the ownership thereof, at a price of $40.4116 per share of Common Stock. (the “Purchase Price”).
Purchase and Sale of the Purchased Securities. 1.1 Subject to the terms and conditions of this Agreement, at the Closing (as defined below), the Seller shall sell, convey, assign and deliver to the Company, and the Company shall purchase from the Seller, the Purchased Securities and any and all rights and benefits incident to the ownership thereof, at the per share amount equal to the Purchase Price (as defined below). The number of shares of the Purchased Securities shall be determined by dividing (a) $275,000,000 (the “Gross Amount”) by (b) the per share price equal to 94.23% of the 20-day average closing price of the Common Shares on the New York Stock Exchange for the 20 consecutive trading days up to and including February 24, 2011 (the “Purchase Price”).
Purchase and Sale of the Purchased Securities. 1.1 Subject to the terms and conditions of this Agreement, at the Closing (as defined below), the Seller shall sell, convey, assign and deliver to the Company, and the Company shall purchase from the Seller, the Purchased Securities and any and all rights and benefits incident to the ownership thereof, at the per share amount equal to the Purchase Price (as defined below). The number of shares of the Purchased Securities shall be determined by dividing (a) US$224,909,000 (the "Gross Amount") by (b) the per share price equal to closing price of the Common Shares on the New York Stock Exchange on May 6, 2011 (the "Purchase Price"), rounded down to the next whole number of shares.
Purchase and Sale of the Purchased Securities. 1.1 Subject to the terms and conditions of this agreement, the Vendor hereby sells, assigns and transfers unto the Purchaser and the Purchaser hereby purchases from the Vendor the Purchased Securities in consideration for the allotment issue by Xtra-Gold to the Vendor of Six Hundred Thousand (600,000) shares of fully paid and non-assessable common stock ("Common Shares") of Xtra-Gold.
