Common use of Purchase of the Shares by the Underwriter Clause in Contracts

Purchase of the Shares by the Underwriter. On the basis of the representations, warranties and covenants contained in, and subject to the terms and conditions of, this Agreement, the Selling Shareholder agrees to sell 2,870,000 Shares to the Underwriter, and the Underwriter agrees to purchase the Shares. The price of the Shares purchased by the Underwriter shall be $81.48 per Share. The Selling Shareholder shall not be obligated to deliver any Shares to be delivered on the Delivery Date, except upon payment for all such Shares to be purchased on the Delivery Date as provided herein.

Appears in 1 contract

Samples: Underwriting Agreement (Macquarie Infrastructure Corp)

AutoNDA by SimpleDocs

Purchase of the Shares by the Underwriter. On the basis of the representations, representations and warranties and covenants contained in, and subject to the terms and conditions of, this Agreement, the Selling Shareholder Company agrees to sell 2,870,000 the 1,198,157 Shares to the Underwriter, Underwriter and the Underwriter agrees to purchase the Shares1,198,157 Shares at a purchase price of $25.770 per share. The price of the Shares purchased by the Underwriter shall be $81.48 per Share. The Selling Shareholder Company shall not be obligated to deliver any of the Shares to be delivered on the Delivery DateDate (as hereinafter defined), as the case may be, except upon payment for all such the Shares to be purchased on the Delivery Date as provided herein.

Appears in 1 contract

Samples: Prentiss Properties Trust/Md

Purchase of the Shares by the Underwriter. On the basis of the representations, representations and warranties and covenants contained in, and subject to the terms and conditions of, this Agreement, the Selling Shareholder Company agrees to sell 2,870,000 the 922,676 Shares to the Underwriter, Underwriter and the Underwriter agrees to purchase the Shares922,676 Shares at a purchase price of $25.89 per share. The price of the Shares purchased by the Underwriter shall be $81.48 per Share. The Selling Shareholder Company shall not be obligated to deliver any of the Shares to be delivered on the First Delivery DateDate or the Second Delivery Date (as hereinafter defined), as the case may be, except upon payment for all such the Shares to be purchased on the such Delivery Date as provided herein.

Appears in 1 contract

Samples: Underwriting Agreement (Prentiss Properties Trust/Md)

Purchase of the Shares by the Underwriter. On the basis of the representations, warranties and covenants contained in, and subject to the terms and conditions of, this Agreement, the Selling Shareholder Stockholder agrees to sell 2,870,000 the Shares to the Underwriter, and the Underwriter agrees to purchase the Shares. The price of the Shares purchased by the Underwriter shall be $81.48 70.45 per Share. The Selling Shareholder Stockholder shall not be obligated to deliver any of the Shares to be delivered on the applicable Delivery Date, except upon payment for all such Shares to be purchased on the Delivery Date as provided herein.

Appears in 1 contract

Samples: Underwriting Agreement (Macquarie Infrastructure Co LLC)

AutoNDA by SimpleDocs

Purchase of the Shares by the Underwriter. On the basis of the representations, representations and warranties and covenants contained in, and subject to the terms and conditions of, this Agreement, the Selling Shareholder Company agrees to sell 2,870,000 8,264,463 Shares to the Underwriter, and the Underwriter agrees to purchase the Shares. The price of the Shares purchased by the Underwriter shall be $81.48 7.865 per Shareshare. The Selling Shareholder Company shall not be obligated to deliver any of the Shares to be delivered on the Delivery Date, except upon payment for all such Shares to be purchased on the Delivery Date as provided herein.

Appears in 1 contract

Samples: Underwriting Agreement (Tivo Inc)

Purchase of the Shares by the Underwriter. On the basis of the representations, representations and warranties and covenants contained in, and subject to the terms and conditions of, this Agreement, the Selling Shareholder Company agrees to sell 2,870,000 the 893,330 Shares to the Underwriter, Underwriter and the Underwriter agrees to purchase the Shares893,330 Shares at a purchase price of $25.8875 per share. The price of the Shares purchased by the Underwriter shall be $81.48 per Share. The Selling Shareholder Company shall not be obligated to deliver any of the Shares to be delivered on the First Delivery DateDate or the Second Delivery Date (as hereinafter defined), as the case may be, except upon payment for all such the Shares to be purchased on the such Delivery Date as provided herein.

Appears in 1 contract

Samples: Underwriting Agreement (Prentiss Properties Trust/Md)

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