Purchase of Series Sample Clauses

Purchase of Series. 22 Debentures. The Bank, with the prior approval of the Superintendent, shall have the right, at any time after the fifth anniversary of the date of issue of the Series 22 Debentures, to purchase Series 22 Debentures in the market, by tender or by private contract at any price. Notwithstanding the foregoing, any subsidiary of the Bank may purchase Series 22 Debentures in the ordinary course of its business of dealing in securities. ARTICLE FOUR CONVERSION OF SERIES 22 DEBENTURES INTO NEW DEBENTURES
Sample 1
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Purchase of Series. A-1 SHARES, SERIES A-2 SHARES, EXCHANGE NOTES, AND WARRANTS; OPTION TO PURCHASE ADDITIONAL SERIES A-1 SHARES.
Sample 1
Purchase of Series. A PREFERRED STOCK ("SERIES A PREFERRED"). On or prior to 14 days from the date hereof, the Company shall complete the offering and sale of 6,139,089 shares of Series A Preferred for cash at a price of $4.17 per share. The aggregate purchase price for all such shares of Series A shares shall not exceed $25,600,000, and at least 1,846,523 Series A Preferred shall have been purchased by the officers and key employees of the Company listed on Annex B (the "Management Stockholders"). In addition, up to 305,276 shares of Series A Preferred may be issued on or before July 31, 2002 as a portion of the consideration for the purchase of an option and potential leasing of certain land described in Section 5.18(v) and up to 455,635 shares of Series A Preferred may be issued upon the conversion of the convertible promissory note described in Section 5.18(vi).
Sample 1
Purchase of Series. 9 Preferred LP Units
Sample 1
Purchase of Series. 2014 Bonds in Lieu of Optional Redemption. Whenever Series 2014 Bonds are subject to optional redemption and are called for redemption pursuant to Section 4.01 hereof, the Concessionaire may elect to purchase in lieu of optional redemption all or any portion of the Series 2014 Bonds called for optional redemption upon provision of written notice to the Trustee prior to or on the Business Day immediately preceding the redemption date that the Concessionaire wishes to purchase the principal amount of Series 2014 Bonds specified in such notice at a purchase price equal to the Redemption Price. On the date specified as the redemption date unless such redemption will not occur in the case of a conditional notice of redemption, the Trustee will be furnished with funds in sufficient time for the Trustee to make the purchase on the redemption date. Any such purchase of Series 2014 Bonds by the Concessionaire shall not be deemed to be a payment or redemption of the Series 2014 Bonds or any portion thereof and such purchase shall not operate to extinguish or discharge the indebtedness evidenced by such Series 2014 Bonds.
Sample 1
Purchase of Series. A-1 Preferred Stock. At the closing (as defined in section 2 below), the Company agrees to sell to Purchaser and Purchaser agrees to purchase from the Company, the number of shares of the Company's Series A-1 Preferred Stock (the "Purchase Shares") equal to the remainder of (a) the quotient of (x) the number of shares of the Company's Common Stock issued and outstanding (including shares issuable upon conversion or exercise of outstanding options, warrants, rights and convertible debt or equity securities other than the options granted pursuant to this agreement) as of the closing date (as defined in section 2 below) divided by (y) .9714, minus ----- (b) the number of shares of the Company's Common Stock issued and outstanding (including shares issuable upon conversion or exercise of outstanding options, warrants, rights and convertible debt or equity securities other than the options granted pursuant to this agreement) all determined on an as-converted basis as of the Closing Date (as defined in section 2 below). The per share purchase price (the "Per Share Price") of the shares shall be equal to the quotient of (x) $100,000 divided by (y) the number of Purchase Shares. The total purchase price (the "Purchase Price") for the Purchase Shares shall be $100,000. The Purchase Shares shall be sold at the Closing as hereinafter provided.
Sample 1

Related to Purchase of Series

  • Purchase of Notes The Company will not and will not permit any Affiliate to purchase, redeem, prepay or otherwise acquire, directly or indirectly, any of the outstanding Notes except upon the payment or prepayment of the Notes in accordance with the terms of this Agreement and the Notes. The Company will promptly cancel all Notes acquired by it or any Affiliate pursuant to any payment, prepayment or purchase of Notes pursuant to any provision of this Agreement and no Notes may be issued in substitution or exchange for any such Notes.

  • Purchase of Bonds The Company may at any time, and from time to time, furnish moneys to the Trustee accompanied by a notice directing such moneys to be applied to the purchase of Bonds in accordance with the provisions of the Indenture delivered pursuant to the Indenture, which Bonds shall, at the direction of the Company, be delivered in accordance with Section 3.06(a)(ii) of the Indenture.

  • Purchase of Stock 2 Section 1.1

  • Purchase of Note On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company such principal amount of Note as is set forth immediately below the Buyer’s name on the signature pages hereto.

  • Purchase of Notes By Principal Life Principal Life may purchase some or all of the Notes in the open market or otherwise at any time, and from time to time. Simultaneously, upon such purchase, (1) the purchased Notes shall, by their terms become mandatorily redeemable by the Trust as specified in the related Pricing Supplement, Prospectus Supplement and/or Prospectus and (2) the Fund under this Agreement shall be permanently reduced by the same percentage as the principal amount of the Notes so redeemed bears to the sum of (i) the aggregate principal amount of all Notes issued and outstanding immediately prior to such redemption and (ii) the principal amount of the Trust Beneficial Interest related to such Notes. If Principal Life, in its sole discretion, engages in such open market or other purchases, then the Trust, the Indenture Trustee in respect of such Notes, and Principal Life shall take actions (including, in the case of Principal Life, making the payment(s) necessary to effect the Trust’s redemption of such Notes) as may be necessary or desirable to effect the cancellation of such Notes by the Trust.

  • Purchase of Notes and Warrants On the Closing Date, the Subscriber will purchase the Notes and Warrants as principal 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.

  • Repurchase of Notes Neither the Company nor any Consolidated Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless an offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases or otherwise acquires any Notes, such Notes shall immediately thereafter be canceled and no Notes shall be issued in substitution therefor. Without limiting the foregoing, upon the repurchase or other acquisition of any Notes by the Company, any Consolidated Subsidiary or any Affiliate, such Notes shall no longer be outstanding for purposes of any section of this Agreement relating to the taking by the holders of the Notes of any actions with respect hereto, including without limitation, SECTION 6.3, SECTION 6.4 and SECTION 7.1.

  • Sale and Purchase of Stock 10 2.1. Sale and Purchase of Stock, Etc.......................................................10 2.2. Deposit...............................................................................10 2.3.

  • Purchase of Shares from the Fund (a) The Underwriter shall have the right to buy from the Fund the shares needed to fill unconditional orders for shares of the Fund placed with the Underwriter by investors or securities dealers, depository institutions or other financial intermediaries acting as agent for their customers. The price which the Underwriter shall pay for the shares so purchased from the Fund shall be the net asset value, determined as set forth in Section 3(d) hereof, used in determining the public offering price on which such orders are based. (b) The shares are to be resold by the Underwriter to investors at a public offering price, as set forth in Section 3(c) hereof, or to securities dealers, depository institutions or other financial intermediaries acting as agent for their customers having agreements with the Underwriter upon the terms and conditions set forth in Section 8 hereof. (c) The public offering price of the shares, i.e., the price per share at which the Underwriter or selected dealers or selected agents (each as defined in Section 8(a) below) may sell shares to the public, shall be the public offering price determined in accordance with the then current Prospectus and Statement of Additional Information of the Fund (the "Prospectus" and "Statement of Additional Information," respectively) under the Securities Act of 1933, as amended (the "Securities Act"), relating to such shares, but not to exceed the net asset value at which the Underwriter is to purchase such shares, plus, in the case of Class A shares, a front-end sales charge equal to a specified percentage or percentages of the public offering price of the Class A shares as set forth in the Prospectus. Class A shares may be sold without such a sales charge to certain classes of persons as from time to time set forth in the Prospectus and Statement of Additional Information. All payments to the Fund hereunder shall be made in the manner set forth in Section 3(f) hereof. (d) The net asset value of shares of the Fund shall be determined by the Fund, or any agent of the Fund, as of the close of regular trading on the New York Stock Exchange on each Fund business day in accordance with the method set forth in the Prospectus and Statement of Additional Information and guidelines established by the Directors of the Fund. (e) The Fund reserves the right to suspend the offering of its shares at any time in the absolute discretion of its Directors. (f) The Fund, or any agent of the Fund designated in writing to the Underwriter by the Fund, shall be promptly advised by the Underwriter of all purchase orders for shares received by the Underwriter. Any order may be rejected by the Fund; provided, however, that the Fund will not arbitrarily or without reasonable cause refuse to accept or confirm orders for the purchase of shares. The Fund (or its agent) will confirm orders upon their receipt, will make appropriate book entries and upon receipt by the Fund (or its agent) of payment thereof, will deliver deposit receipts or certificates for such shares pursuant to the instructions of the Underwriter. Payment shall be made to the Fund in New York Clearing House funds. The Underwriter agrees to cause such payment and such instructions to be delivered promptly to the Fund (or its agent).

  • 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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