Purchase of the Stock by the Underwriter. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, the Selling Stockholder agrees to sell to the Underwriter 2,000,000 shares of the Stock, and the Underwriter agrees to purchase 2,000,000 shares of the Stock. The price of the Stock purchased by the Underwriter shall be $19.75 per share. The Selling Stockholder shall not be obligated to deliver any of the Stock to be delivered on the Delivery Date, except upon payment for all such Stock to be purchased on the Delivery Date as provided herein.
Purchase of the Stock by the Underwriter. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, each Selling Stockholder hereby agrees to sell the number of shares of the Stock set opposite its name in Schedule 2 hereto, severally and not jointly, to the Underwriter and the Underwriter agrees to purchase the number of shares of the Stock set opposite the Underwriter's name in Schedule 1 hereto. The price of the Stock shall be $13.25 per share. The Selling Stockholders shall not be obligated to deliver any of the Stock to be delivered on the Delivery Date except upon payment for all the Stock to be purchased on the Delivery Date as provided herein.
Purchase of the Stock by the Underwriter. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, the Company agrees to sell 8,300,000 shares of the Firm Stock to the Underwriter, and the Underwriter agrees to purchase the shares of the Firm Stock. In addition, the Company grants to the Underwriter an option to purchase up to 1,245,000 additional shares of Option Stock. Such option is exercisable in the event that the Underwriter sells more shares of Common Stock than the number of Firm Stock in the offering and as set forth in Section 4 hereof. The price of both the Firm Stock and any Option Stock purchased by the Underwriter shall be $7.25 per share. The Company shall not be obligated to deliver any of the Firm Stock or Option Stock to be delivered on the applicable Delivery Date, except upon payment for all such Stock to be purchased on such Delivery Date as provided herein.
Purchase of the Stock by the Underwriter. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, each Selling Stockholder hereby agrees to sell the number of shares of the Firm Stock set opposite its name in Schedule 2 hereto, severally and not jointly, to the Underwriter and the Underwriter agrees to purchase the number of shares of the Firm Stock set opposite the Underwriter's name in Schedule 1 hereto. In addition, the Selling Stockholders specified in Schedule 2 hereto grant to the Underwriter options to purchase up to an aggregate of 375,000 shares of Option Stock. Such options are granted solely for the purpose of covering over-allotments in the sale of Firm Stock and are exercisable as provided in Section 5 hereof. Shares of Option Stock shall be purchased for the account of the Underwriter in proportion to the number of shares of Firm Stock set forth opposite the name of the Underwriter in Schedule 1 hereto. The price of both the Firm Stock and any Option Stock shall be $10.95 per share. The Selling Stockholders shall not be obligated to deliver any of the Stock to be delivered on the First Delivery Date or the Second Delivery Date, as the case may be, except upon payment for all the Stock to be purchased on such Delivery Date as provided herein.
Purchase of the Stock by the Underwriter. On the basis of the representations, warranties and covenants contained in, and subject to the terms and conditions of, this Agreement, each Selling Stockholder agrees to sell the number of shares of the Firm Stock set forth opposite its name in Schedule I hereto, severally and not jointly, to the Underwriter, and the Underwriter agrees to purchase the Firm Stock. In addition, each Selling Stockholder grants to the Underwriter an option to purchase up to the number of shares of Option Stock set forth opposite such Selling Stockholder’s name in Schedule I hereto, severally and not jointly. Such options are exercisable in the event that the Underwriter sells more shares of Common Stock than the number of shares of Firm Stock in the offering and as set forth in Section 5 hereof. Any such election to purchase Option Stock shall be made in proportion to the maximum number of shares of Option Stock to be sold by each Selling Stockholder as set forth in Schedule I hereto. The purchase price payable by the Underwriter for both the Firm Stock and any Option Stock is set forth in Schedule V hereto, less, in the case of the Option Stock, an amount per share equal to any dividends or distributions declared by the Company on its Common Stock and payable on the Firm Stock but not on the Option Stock. The Selling Stockholders shall not be obligated to deliver any of the Firm Stock or Option Stock to be delivered on the applicable Delivery Date, except upon payment for all such Stock to be purchased on such Delivery Date as provided herein.
Purchase of the Stock by the Underwriter. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, the Company agrees to sell 3,000,000 shares of the Stock to the Underwriter and the Underwriter agrees to purchase the number of shares of the Stock set forth opposite the Underwriter’s name in Schedule 1 hereto. The price of the Stock shall be $45.90 per share. The Company shall not be obligated to deliver any of the Stock to be delivered on the Delivery Date (as hereafter defined), except upon payment for all the Stock to be purchased on the Delivery Date as provided herein.
Purchase of the Stock by the Underwriter. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, the Company agrees to sell 6,000,000 shares of the Firm Stock to the Underwriter, and the Underwriter agrees to purchase all such shares of the Firm Stock. In addition, the Company grants to the Underwriter an option to purchase up to 900,000 additional shares of Option Stock. Such option is exercisable in the event that the Underwriter sells more shares of Common Stock than the number of Firm Stock in the offering and as set forth in Section 4 hereof. The Underwriter agrees to purchase the number of shares of Option Stock as set forth in any notice delivered pursuant to Section 4 hereof. The price of both the Firm Stock and any Option Stock purchased by the Underwriters shall be $6.58 per share. The Company shall not be obligated to deliver any of the Firm Stock or Option Stock to be delivered on the applicable Delivery Date, except upon payment for all such Stock to be purchased on such Delivery Date as provided herein.
Purchase of the Stock by the Underwriter. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, (x) WP X agrees to sell 9,690,000 shares and (y) WP Partners agrees to sell 310,000 shares, in each case, of the Stock to the Underwriter, and the Underwriter agrees to purchase the number of shares of the Stock set forth opposite the Underwriter’s name in Schedule 1 hereto. The price of the Stock purchased by the Underwriter shall be $19.85 per share. Neither WP X nor WP Partners shall be obligated to deliver any of the Stock to be delivered on the applicable Delivery Date, except upon payment for all such Stock to be purchased from such Party on such Delivery Date as provided herein.
Purchase of the Stock 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 Stockholders agree to sell 14,000,000 shares of the Firm Stock, as set forth on Schedule II, to the Underwriter, and the Underwriter agrees to purchase such shares of Firm Stock. In addition, each Selling Stockholder grants to the Underwriter an option to purchase up to the number of shares of Option Stock set forth opposite such Selling Stockholder’s name in Schedule II hereto, severally and not jointly. Such option is exercisable in the event that the Underwriter sells more shares of Common Stock than the number of shares of Firm Stock in the offering and as set forth in Section 5 hereof. Any such election to purchase Option Stock shall be made in proportion to the maximum number of shares of Option Stock to be sold by each Selling Stockholder as set forth in Schedule I hereto. The purchase price payable by the Underwriter for the Firm Stock is $24.36 per share (the “Purchase Price”) and the purchase price payable by the Underwriter for any Option Stock is the Purchase Price less an amount per share equal to any dividends or distributions declared by the Company and payable on the Firm Stock but not payable on the Option Stock. Subject to the sale of the Firm Stock by the Selling Stockholders to the Underwriter pursuant to this Agreement, the Underwriter hereby agrees to sell to the Company, and the Company hereby agrees to purchase from the Underwriter the Repurchase Stock at a price per share equal to the Purchase Price. The shares of Repurchase Stock purchased by the Company pursuant to this Agreement shall be deemed to be a portion of the aggregate shares of Firm Stock that were sold by Ares Corporate Opportunities Fund IV, L.P. to the Underwriter pursuant to this Agreement. The Selling Stockholders are not obligated to deliver any of the Firm Stock or Option Stock to be delivered on the applicable Delivery Date, except upon payment for all such Stock to be purchased on such Delivery Date as provided herein.
Purchase of the Stock 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 Company agrees to sell 7,000,000 shares of the Firm Stock to the Underwriter, and the Underwriter agrees to purchase the Firm Stock. In addition, the Company grants to the Underwriter an option to purchase up to 1,050,000 additional shares of Option Stock. Such options are exercisable in the event that the Underwriter sells more shares of Common Stock than the number of shares of Firm Stock in the offering and as set forth in Section 4 hereof. The purchase price payable by the Underwriter for both the Firm Stock and any Option Stock is set forth in Schedule V hereto, less, in the case of the Option Stock, an amount per share equal to any dividends or distributions declared by the Company on its Common Stock and payable on the Firm Stock but not on the Option Stock. The Company shall not be obligated to deliver any of the Firm Stock or Option Stock to be delivered on the applicable Delivery Date, except upon payment for all such Stock to be purchased on such Delivery Date as provided herein.