Common use of Purchase of Preferred Stock Clause in Contracts

Purchase of Preferred Stock. Subject to the terms and conditions in this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to issue and sell to the Purchaser 23,850 shares of Series C Preferred Stock and 100,000 shares of Common Stock.

Appears in 2 contracts

Samples: Securities Purchase Agreement (American Leisure Holdings Inc), Securities Purchase Agreement (American Leisure Holdings Inc)

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Purchase of Preferred Stock. Subject to the terms and conditions in this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to issue and sell to the Purchaser 23,850 956 shares of Series C Preferred Stock and 100,000 4,000 shares of Common Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (American Leisure Holdings Inc)

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Purchase of Preferred Stock. Subject to the terms and conditions in this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to issue and sell to the Purchaser 23,850 2,385 shares of Series C Preferred Stock and 100,000 10,000 shares of Common Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (American Leisure Holdings Inc)

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