Purchase of Preferred Shares and Warrants. 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) the aggregate number of Preferred Shares as is set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers, along with Warrants to initially acquire up to that aggregate number of Warrant Shares as is set forth opposite such Xxxxx’s name in column (4) on the Schedule of Buyers.
Purchase of Preferred Shares and Warrants. The Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company such number of Preferred Shares, together with such number of Warrants as are issuable hereunder in connection therewith, for the aggregate purchase price (the "Purchase Price") of Five Million Dollars ($5,000,000). The issuance, sale and purchase of the Preferred Shares and Warrants shall take place at one or more closings, the first of which is hereinafter referred to as the "First Closing." Each subsequent closing, if any, is hereinafter referred to as a "Subsequent Closing". The aggregate number of Preferred Shares to be issued at the First Closing is Three Thousand (3,000) and the aggregate number of Initial Closing Warrants to be issued at the First Closing is Two Hundred Thousand (200,000) for an aggregate purchase price of Three Million Dollars ($3,000,000) and the aggregate number of Preferred Shares to be issued at the Subsequent Closings, if any, is up to Two Thousand (2,000) for an aggregate purchase price of Two Million Dollars ($2,000,000). At each Subsequent Closing, if any, the Preferred Shares will be issued with such number of Additional Warrants equal to the amount invested at each Subsequent Closing (but not more than $1,000,000 in the aggregate) divided by the closing bid price of the Common Stock on the trading day immediately preceding such Subsequent Closing. Subject to the satisfaction (or waiver) of the conditions thereto set forth in Sections 6 and 7 below, (i) at the First Closing, the Company shall issue and sell to the Buyer and the Buyer shall purchase from the Company 3,000 Preferred Shares and the Initial Closing Warrants for a price equal to $3,000,000 and (ii) at the Subsequent Closings, if any, the Company shall issue and sell to the Buyer and the Buyer shall purchase from the Company up to an aggregate of 2,000 Preferred Shares, together with the Additional Warrants issuable hereunder in connection therewith, for an aggregate price up to $2,000,000.
Purchase of Preferred Shares and Warrants. 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) (i) such aggregate number of Preferred Shares set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers; and (ii) a Warrant to initially acquire up to that aggregate number of Warrant Preferred Shares as set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers.
Purchase of Preferred Shares and Warrants. 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) the aggregate number of Preferred Shares as is set forth opposite set forth on the signature page of such Buyer attached hereto, along with Warrants to initially acquire up to that aggregate number of Warrant Shares as is set forth on the signature page of such Buyer attached hereto.
Purchase of Preferred Shares and Warrants. 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), the number of Preferred Shares set forth on each Buyer’s Signature Page and the Warrants to acquire up to that number of Warrant Shares set forth on each Buyer’s Signature Page.
Purchase of Preferred Shares and Warrants. On the Closing Date (as defined below), the Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such number of Preferred Shares and number of Warrants as is set forth immediately below such Buyer's name on the signature pages hereto.
Purchase of Preferred Shares and Warrants. On the Closing Date, Subscriber will purchase the Preferred Shares and Warrants for its own account for investment only and not with a view toward, or for resale in connection with, the public sale or any distribution thereof.
Purchase of Preferred Shares and Warrants. 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 Preferred Shares as is set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers along with Long-Term Warrants to initially acquire up to that aggregate number of Warrant Shares as is set forth opposite such Bxxxx’s name in column (4) on the Schedule of Buyers and Short-Term Warrants to initially acquire up to that aggregate number of Warrant Shares as is set forth opposite such Buyer’s name in column (5) on the Schedule of Buyers.
Purchase of Preferred Shares and Warrants. The Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such number of shares of Series B Preferred Stock (collectively, together with any Preferred Stock issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the "Preferred Shares") and number of Warrants for the aggregate purchase price (the "Purchase Price") as is set forth immediately below such Buyer's name on the signature pages hereto. The aggregate number of Preferred Shares to be issued at the Closing (as defined below) is One Thousand Two Hundred (1,200) and the aggregate number of Warrants to be issued at the Closing is Two Hundred Forty Thousand (240,000), for an aggregate purchase price of One Million Two Hundred Thousand Dollars ($1,200,000).
Purchase of Preferred Shares and Warrants. On the date of each of the First Closing and the Second Closing (each as defined below), the Company shall issue and sell to Investor and Investor agrees to purchase from the Company the Preferred Shares and Warrants contemplated herein.
