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

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.

Appears in 1 contract

Samples: Underwriting Agreement (Ormat Technologies, Inc.)

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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 3,100,000 shares of the Stock to the Underwriter and the Underwriter agrees to purchase from the number of Company 3,100,000 shares of the Stock set forth opposite the Underwriter’s name in Schedule 1 heretoStock. The price of at which the Underwriter shall purchase the Stock from the Company shall be $45.90 48.36 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.

Appears in 1 contract

Samples: Underwriting Agreement (Ormat Technologies, Inc.)

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, of this Agreement, the Company each Selling Shareholder agrees to sell 3,000,000 the number of shares of the Stock set forth opposite its name on Schedule 1 hereto, to the Underwriter Underwriter, and the Underwriter agrees to purchase the number of shares of the Stock set forth opposite the Underwriter’s name in Schedule 1 heretoStock. The price of the Stock purchased by the Underwriter shall be $45.90 50.16 per shareshare (the “Purchase Price”). The Company Selling Shareholders shall not be obligated to deliver any of the Stock to be delivered on the Delivery Date (as hereafter defined)Date, except upon payment for all the such Stock to be purchased on the Delivery Date as provided herein.

Appears in 1 contract

Samples: Underwriting Agreement (Sba Communications Corp)

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, of this Agreement, the Company agrees Companies agree to sell 3,000,000 19,400,000 shares of the Stock to the Underwriter and the Underwriter agrees to purchase the number of shares of the Stock set forth opposite the that Underwriter’s name in Schedule 1 hereto. The price of the Stock shall be $45.90 8.50 per share. The Company Companies shall not be obligated to deliver any of the Stock to be delivered on the Delivery Date (as hereafter hereinafter defined), as the case may be, except upon payment for all the Stock to be purchased on the Delivery Date as provided herein.

Appears in 1 contract

Samples: Underwriting Agreement (La Quinta Properties Inc)

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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 2,500,000 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 37.07 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.

Appears in 1 contract

Samples: Underwriting Agreement (Ormat Technologies, Inc.)

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