Purchase of Additional Shares. Praxis shall not purchase any Shares in addition to those to which Praxis is entitled pursuant to Section 6 unless such purchase is made in conjunction with or pursuant to an agreement between Praxis and XXXXXXXXX for the acquisition by Praxis of voting control of XXXXXXXXX.
Purchase of Additional Shares. At each Subsequent Closing (as hereinafter defined), the Purchaser shall have the option, in its sole discretion, to purchase a greater number of shares of Stock than that set forth on Exhibit B with respect to the date of such Subsequent Closing (the "Accelerated Amount"). The purchase price for the Accelerated Amount shall be the same as that set forth on Exhibit B for the shares of Stock to be purchased on such Subsequent Closing. If such greater number of shares is purchased, the number of the remaining shares to be purchased at each Subsequent Closing thereafter will be reduced on a pro rata basis, such that the aggregate number of shares of Stock purchased by the Purchaser pursuant to this Agreement is 483,795.
Purchase of Additional Shares. Investor agrees, for a period of one (1) year from the date of this Agreement, it will not purchase additional shares of the Company without the prior approval of the Company's Board of Directors.
Purchase of Additional Shares. In the event that the over-allotment option is exercised in full or in part, Subscriber shall purchase up to an additional 52,500 Shares (“Additional Shares”), in the same proportion as the amount of the over-allotment option that is exercised, and simultaneously with such purchase of Additional Shares, as payment in full for the Additional Shares being purchased hereunder, and at least one (1) business day prior to the closing of all or any portion of the over-allotment option, Subscriber shall pay $10.00 per Additional Share, up to an aggregate amount of $525,000, by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to be deposited and held in the Company’s segregated trust account (the “Trust Account”).
Purchase of Additional Shares. The Subscriber hereby agrees that it will purchase additional shares of Class A Common Stock (“Over-Allotment Shares”), up to a maximum of 30,000 Over-Allotment Shares, for a purchase price of $300,000 per share (“Over-Allotment Share Purchase Price”), so that at least $10.20 per share sold to the public in the IPO is held in the trust account (as described in the Registration Statement, the “Trust Account”) regardless of whether the over-allotment option is exercised in full or in part. The consummation of the purchase and issuance of the Over-Allotment Shares shall occur simultaneously with the closing of any exercise of the over-allotment option related to the Company’s initial public offering. The number of Over-Allotment Shares that Company shall issue and sell to the Subscriber shall the product of (a) thirty thousand (30,000) and (b) the quotient of (1) the number of units of the Company purchased in such over-allotment option exercise divided by (2) one million and five hundred thousand (1,500,000).
Purchase of Additional Shares. In consideration of the delivery of the Buyer’s common stock under Section 2.1 above and the following cash payments to the Sellers, the ownership interest of Buyer is hereby increased to 53.145% of the total issued and outstanding capital stock of MM&S. Sellers shall deliver shares representing such increased ownership interest to Buyer within thirty (30) days of the date of execution of this Second Extension. Payment for these additional shares of MM&S shall be made as follows: Over a twelve-month period commencing May 2010, Buyer shall make equal monthly payments (i) totaling forty-eight thousand dollars ($48,000) jointly to X. Xxxxxxx and X. Xxxxxxx and (ii) totaling forty-eight thousand dollars ($48,000) to Xxxxxxxx, and (iii) totaling forty-eight thousand dollars ($48,000) to Xxxxxxx; provided, however, that the Buyer and a Seller may agree to a modification of the payment schedule set forth in this Section 2.2 as to the individual Seller’s installments hereunder.
Purchase of Additional Shares. I and S shall coordinate the purchase of additional Shares in excess of the Shares owned by such Shareholder as of the date of execution of this Agreement.
Purchase of Additional Shares. If at any time after the Closing Date Purchaser desires to acquire additional shares of Common Stock Purchaser may notify (such notification shall be referred to herein as the "Additional Purchase Notice") the Board and request that Purchaser be issued additional shares of Common Stock on the terms and conditions set forth in the Additional Purchase Notice. The Board shall, in good faith, promptly consider the Additional Purchase Notice and, consistent with the discharge of the Board's fiduciary obligations, provide a written response to Purchaser's request. In addition, if required by applicable laws or regulations and if consistent with the discharge of the Board's fiduciary obligations, the Company shall submit Purchaser's request to purchase additional shares of Common Stock to the Company's shareholders for consideration.
Purchase of Additional Shares. Each Sxxxxxxlder represents to the other Shareholder that in the event that following the Closing Date, it shall wish to purchase additional shares (or other convertible securities) of the Company (other than acquisitions of no more than an aggregate amount since the Closing Date of 3% of the Company's issued and outstanding share capital by each Shareholder by means of a market trade on a stock exchange) it shall give the other Shareholder a written notice of its intention at least three (3) business days prior to such acquisition, and allow the other Shareholder to participate in such acquisition, pro-rata to its shareholdings in the Company and for the same price per share, provided, however, that the Investor shall not purchase additional shares (or other convertible securities) of the Company in a way that, following such purchase, its shareholdings in the Company shall exceed the higher of (i) Shiloh's direct and indirect shareholdings (i.e., the number of shares) in the Company as of the date of the Closing, and (ii) Shiloh's direct and indirect shareholdings (i.e., the number of shares) in the Company as of the date on which the purchase of Company securities by the Investor is consummated.
Purchase of Additional Shares. The closing of the purchase by ----------------------------- Purchaser of all shares of Ridgewood stock owned by ADT Security Services, Inc. shall have been consummated or shall be consummated simultaneously with the Closing.
