Purchase of Class B Shares Sample Clauses

Purchase of Class B Shares. Notwithstanding Section 1(b) of the Agreement, the number of Class B Shares purchased by the Purchaser under the Agreement (as adjusted for the Share Capitalization) shall be as set forth on the signature page hereto next to the line item “Class B Shares Purchase Amount” which amount shall be calculated in accordance with the definition of Class B Shares Purchase Amount set forth in Exhibit B (as amended hereby). The Purchaser hereby irrevocably surrenders to the Company for cancellation for no consideration any Class B Shares standing in the Purchaser’s name in the Company’s register of members in excess of the number of Class B Shares set forth on the signature page hereto. Any amounts previously paid by the Purchaser in respect of such surrendered Class B Shares shall be deemed to be an increase to the purchase price of the Class B Shares subscribed for hereunder.
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Purchase of Class B Shares. On the terms and subject to the conditions set forth in this Agreement and the Approval Order, on the Closing Date, New Globalstar shall issue and sell to Investor, and Investor shall purchase from New Globalstar the Class B Shares in exchange for (a) a cash payment by Investor to New Globalstar in an amount equal to the difference between $55,000,000 and the aggregate amounts loaned to the Debtors pursuant to the DIP Facility (the "Cash Purchase Price") and (b) the cancellation of all amounts loaned and interest accrued thereon, and all other obligations, under the DIP Facility (the "Loan Cancellation").
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Purchase of Class B Shares. Notwithstanding Section 1(b) of the Agreement, the number of Class B Shares purchased by the Purchaser under the Agreement (as adjusted for the Share Capitalization) shall be as set forth on the signature page hereto next to the line item
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Purchase of Class B Shares. At such times when the assets of the -------------------------- Trust Fund attributable to the sale of Class B Shares are sufficient to purchase Class B Shares of a Selling Member, then the Trustees shall purchase such Class B Shares on the terms and conditions applicable to the repurchase of Class B Shares by the Company specified in the Articles of Incorporation and the Bylaws of the Company.
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Purchase of Class B Shares from the Company. ------------------------------------------- (a) The Company will offer its Class B Shares and MLFD shall have the right to buy from the Company the Class B Shares needed, but not more than the Class B Shares needed (except for clerical errors in transmission) to fill unconditional orders for the Class B Shares placed with MLFD by the Insurance Companies for their Separate Accounts. The price which MLFD shall pay for the Class B Shares so purchased from the Company shall be the net asset value per share, determined as set forth in Section 3(c) hereof.
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Purchase of Class B Shares 
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Related to Purchase of Class B Shares

  • Class B Shares As of December 1, 2009, Class B shares of the Virtus Mutual Funds are no longer available for purchase by new or existing shareholders, except for the reinvestment of dividends or capital gains distributions into existing Class B share accounts, and for exchanges from existing Class B share accounts to other Virtus Mutual Funds with Class B shares.

  • Purchase of Company Shares Acquisition Sub shall have accepted for payment and paid for all of the Company Shares validly tendered and not withdrawn pursuant to the Offer.

  • Purchase of Units On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, severally and not jointly, an aggregate of 20,000,000 units of the Company (the “Firm Units”) at a purchase price (net of discounts and commissions) of $9.80

  • Repurchase of Units (a) Except as otherwise provided in this Agreement, no Partner or other Person holding Units will have the right to withdraw or tender for repurchase any of its Units. The Directors may, from time to time, in their complete and exclusive discretion and on terms and conditions as they may determine, cause the Partnership to repurchase Units in accordance with written tenders. The Partnership will not offer, however, to repurchase Units on more than four occasions during any one Fiscal Year, unless the Partnership has been advised by its legal counsel that more frequent offers would not cause any adverse tax consequences to the Partnership or the Partners. In determining whether to cause the Partnership to repurchase Units, pursuant to written tenders, the Directors will consider the following factors, among others:

  • Purchase of Common Shares Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, agrees to purchase from the Company on the Closing Date (as defined below) such aggregate number of Common Shares as is set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers.

  • Subscription and Purchase of Shares For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in the form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 375,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

  • Purchase of Shares For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the shares (the “Original Certificate”), or effect such delivery in book-entry form.

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