Common use of Purchase of Shares Closing Clause in Contracts

Purchase of Shares Closing. (a) Subject to the terms and conditions herein set forth, the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company on the Closing Date 500,000 shares of the Preferred Stock (the "Shares"), which shall have the respective rights, preferences and privileges set forth in Exhibit A hereto (the "Certificate of Designation") for an aggregate purchase price of US$25,000,000 (the "Purchase Price"); and a per share price of US$50 (the "Per Share Consideration").

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Century Aluminum Co), Convertible Preferred Stock Purchase Agreement (Glencore International Ag)

AutoNDA by SimpleDocs

Purchase of Shares Closing. (a) Subject to the terms and conditions herein set forth, the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company Company, on the Closing Date 500,000 shares of Date, the Preferred Stock (the "Shares"), Shares which shall have the respective rights, preferences and privileges set forth in Exhibit A hereto (the "Certificate of Designation") for an aggregate purchase ), at a price per Share of US$25,000,000 (the "Purchase Price"); and a per share price of US$50 1,000.00 (the "Per Share Consideration"). The Per Share Consideration multiplied by the number of Shares to be purchased by the Purchaser hereunder is hereinafter referred to as the "Purchase Price."

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Multicom Publishing Inc), Convertible Preferred Stock Purchase Agreement (Multicom Publishing Inc)

Purchase of Shares Closing. (a) Subject to the terms and conditions herein set forth, the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company on the Closing Date 500,000 shares of the Preferred Stock (the "200 Shares"), which shall have the respective rights, preferences and privileges set forth in Exhibit A hereto (the "Certificate of Designation") for an aggregate purchase ), at a price per Share of US$25,000,000 (the "Purchase Price"); and a per share price of US$50 50,000 (the "Per Share Consideration"). The Per Share Consideration multiplied by the number of Shares to be purchased by the Purchaser hereunder is hereinafter referred to as the "Purchase Price."

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Pipeline Technologies Inc)

AutoNDA by SimpleDocs

Purchase of Shares Closing. (a) Subject to the terms and conditions herein set forth, the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company on the Closing Date 500,000 shares of the Preferred Stock (the "150,000 Shares"), which shall have the respective rights, preferences and privileges set forth in Exhibit EXHIBIT A hereto (the "Certificate STATEMENT OF RIGHTS AND PREFERENCES"), at a price per Share of Designation") for an aggregate purchase price of US$25,000,000 $20 (the "Purchase PriceSTATED VALUE"); and a per share price of US$50 (the . The "Per Share Consideration").

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Cayenne Software Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!