Common use of Purchase of Shares of Common Stock Clause in Contracts

Purchase of Shares of Common Stock. Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 hereof, obligate the Holder of the related Security to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the "Purchase Price"), a number of newly issued shares of Common Stock equal to the Settlement Rate unless, on or prior to the Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Purchase Contract is a part. The "

Appears in 25 contracts

Samples: Form of Purchase Contract Agreement (Oneok Inc /New/), Purchase Contract Agreement (Duke Energy Corp), Purchase Contract Agreement (Cendant Capital Iii)

AutoNDA by SimpleDocs

Purchase of Shares of Common Stock. Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 5.10 hereof, obligate the Holder of the related Security to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the "Purchase Price"), a number of newly issued shares of Common Stock equal to the Settlement Rate unless, on or prior to the Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Purchase Contract is a part. The "

Appears in 2 contracts

Samples: ______________ Purchase Contract Agreement (Electronic Data Systems Corp /De/), Purchase Contract Agreement (Electronic Data Systems Corp /De/)

Purchase of Shares of Common Stock. Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 5.8 hereof, obligate the Holder of the related Security to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the "Purchase Price"), a number of newly issued shares of Common Stock equal to the Settlement Rate unless, on or prior to the Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Purchase Contract is a part. The "The

Appears in 1 contract

Samples: Purchase Contract Agreement (Cox Communications Inc /De/)

Purchase of Shares of Common Stock. Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 hereof, obligate the Holder of the related Security to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the "Purchase Price"), a number of newly issued shares of Common Stock equal to the Settlement Rate unless, on or prior to the Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Purchase Contract is a part. The "a

Appears in 1 contract

Samples: Purchase Contract Agreement (PCHC Finance I)

Purchase of Shares of Common Stock. Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 hereof, obligate the Holder of the related Security to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the "Purchase Price"), a number of newly issued shares of Common Stock equal to the Settlement Rate unless, on or prior to the Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Purchase Contract is a part. The "Stated

Appears in 1 contract

Samples: Purchase Contract Agreement (Gt Capital Trust Iv)

Purchase of Shares of Common Stock. Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 hereof, shall obligate the Holder of the related Security to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the "Purchase Price"), a number of newly issued new shares of Common Stock equal to the Settlement Rate or the Cash Settlement Rate, as applicable, unless, on or prior to the Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Purchase Contract is a part. The "

Appears in 1 contract

Samples: Purchase Contract Agreement (American Heritage Life Investment Corp)

Purchase of Shares of Common Stock. Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 hereof, obligate the Holder of the related Security to purchase, and the Company to sell, on each of the First Purchase Contract Settlement Date at a price equal to and the Stated Amount Second Purchase Contract Settlement Date, for $25 in cash (the "Purchase Price"), a number of newly issued shares of Common Stock equal to the Settlement Rate unless, on or prior to the applicable Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Purchase Contract is a part. The "

Appears in 1 contract

Samples: Purchase Contract Agreement (Texas Utilities Co /Tx/)

AutoNDA by SimpleDocs

Purchase of Shares of Common Stock. Each Forward Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 5.10 hereof, obligate the Holder of the related Security to purchase, and the Company to sell, on the Forward Purchase Contract Settlement Date at a price equal to the Stated Amount (the "Purchase Price"), a number of newly issued shares of Common Stock equal to the Settlement Rate unless, on or prior to the Forward Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Forward Purchase Contract is a part. The "

Appears in 1 contract

Samples: Forward Purchase Contract Agreement (Cendant Corp)

Purchase of Shares of Common Stock. Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 hereof, shall obligate the Holder of the related Security to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the "Purchase Price"), a number of newly issued shares of Common Stock equal to the Settlement Rate unlessunless an Early Settlement has occurred in accordance with Section 5.10 hereof, or, on or prior to the Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Purchase Contract is a part. The "

Appears in 1 contract

Samples: Purchase Contract Agreement (Alltel Corp)

Purchase of Shares of Common Stock. (a) Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 hereof, shall obligate the Holder of the related Security to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the "Purchase PricePURCHASE PRICE"), a number of newly issued shares of Common Stock (subject to Section 5.09) equal to the Settlement Rate unlessunless an Early Settlement has occurred in accordance with either of Section 5.04(b)(2) or Section 5.07 hereof or, on or prior to or on the Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Purchase Contract is a part. The "SETTLEMENT RATE" is equal to:

Appears in 1 contract

Samples: Purchase Contract Agreement (Sempra Energy)

Purchase of Shares of Common Stock. Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 hereof, obligate the Holder of the related Security to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the "Purchase Price"), a number fraction of a newly issued shares share of Common Stock equal to the Settlement Rate unlessunless an Early Settlement has occurred in accordance with Section 5.10 hereof, or, on or prior to the Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Purchase Contract is a part. The "

Appears in 1 contract

Samples: Purchase Contract Agreement (Gabelli Asset Management Inc)

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