Purchase Price of Stock Sample Clauses

Purchase Price of Stock. 2 3.1 Consideration . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2 3.2 Payment of the Purchase Price . . . . . . . . . . . . . . . . . . . . .2 3.3
Sample 1
AutoNDA by SimpleDocs
Purchase Price of Stock. The purchase price per share of NeoMedia Held Newco Shares that Newco purchases under this Section 5.2 shall be equal to $0.01 per share (subject to equitable adjustment in the event of any stock split, stock dividend, combination, recapitalization, reorganization or other similar event).
Sample 1
Purchase Price of Stock. 1 2.1 Consideration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 2.2
Sample 1
Purchase Price of Stock. FOR PURPOSES OF INVOLUNTARY TRANSFERS AND SECTIONS 4(E)(II) AND 4(F)(II).
Sample 1
Purchase Price of Stock. The price per share to be paid a shareholder for the shareholder's shares of stock of the corporation upon exercise of the corporation's rights to purchase such stock hereunder shall be an amount equal to the value per share last established by the unanimous vote of the entire Board of Directors applicable to all outstanding shares of the corporation. If the Board has failed to establish any such value and price for more than fourteen (14) months, then the value per share shall be determined as of the last day of the month immediately preceding the date of the event giving rise to the purchase, by appraisal of three qualified appraisers selected, one by the offering shareholder (or the offering shareholder's legal representative), one by the corporation, and one by the other two (or if they are unable to agree within ten (10) days after their selection, by the Chief Judge of the District Court for the County in which the corporation then has its registered office); such appraisers shall determine such value as that price which a willing buyer, being under no compulsion to buy, would pay for a share of stock of the corporation and which a willing seller, being under no compulsion to sell, would accept for a share of stock. Such appraisal shall be accomplished under such rules as the appraisers may reasonably establish or otherwise in accordance with the Uniform Arbitration Act (Sections 572.08?572.30 of the Minnesota Statutes). The decision of the appraisers shall be rendered in writing by a majority vote, within sixty (60) days after the selection of the third appraiser, which decision shall be final and binding on all parties. The corporation shall pay the entire purchase price in cash within thirty (30) days after the date of the exercise of its option to purchase or the date of the decision of the appraisers, whichever is later, and upon surrender of the certificates representing the shares so purchased, duly endorsed for transfer.
Sample 1
Purchase Price of Stock. In exchange for the Transaction Stock and other consideration provided by Stockholders hereunder:
Sample 1
Purchase Price of Stock. The purchase price for the six hundred seventy eight thousand, six hundred twelve (678,612) shares of the Company's authorized but unissued common stock 0.10 Par value (the "First Stock") shall be Two Hundred Seventy One Thousand, Four Hundred and Forty Four ($271,444.00) Dollars ("First Purchase Price"). Upon execution of this Agreement, Purchaser shall make a non-refundable deposit (the "Deposit") to the Company in the amount of Fifty Thousand dollars ($50,000.00). The Deposit shall be credited to the First Purchase Price at the First Closing. The balance of the First Purchase Price shall be payable at the First Closing in immediately available funds. The purchase price for the five hundred sixty two thousand (562,000) shares of the Company's authorized but unissued common stock 0.10 Par value (the "Second Stock") shall be Two Hundred Twenty Five Thousand, Eight Hundred ($225,800.00) Dollars ("Second Purchase Price") which shall be payable the Second Closing in immediately available funds.
Sample 1
AutoNDA by SimpleDocs
Purchase Price of Stock. In consideration of the sale by Seller of the Shares, and in full and complete payment therefor, Buyers agrees, subject to the terms and conditions contained herein, to pay Seller as follows:
Sample 1
Purchase Price of Stock 
Sample 1Sample 2

Related to Purchase Price of Stock

  • Purchase Price for Shares On the Closing Date, the Buyer shall pay to the Seller (to such account as the Seller shall nominate) the amount of US Dollars 33,500,000 (the “Purchase Price”) in exchange for the Shares, less any amounts paid as a deposit for the Shares under that certain Master Vessel Acquisition Agreement between the Buyer and Seller, dated as of July 24, 2014. The Buyer shall have no responsibility or liability hereunder for the Seller’s allocation and distribution of the Purchase Price among the Seller Entities.

  • Option Purchase Price Subject to Section 6.3(a)(iii) below, if ---- --------------------- the Management Investor shall be terminated by the Company with or without Cause or shall cease to be employed by the Company by reason of retirement or resignation, the "Option Purchase Price" for the Common Stock to be purchased from such Management Investor pursuant to the Purchase Option (such number of shares of Common Stock being the "Purchase Number") shall equal the price calculated as set forth in the table below opposite the applicable Termination Date of such Management Investor: Original Management Investors ----------------------------- If the Termination Occurs: Option Purchase Price -------------------------- --------------------- On or prior to July 29, 1995 Adjusted Cost Price multiplied by the Purchase Number After July 29, 1995 and on or Adjusted Cost Price multiplied by 80% of prior to July 29, 1996 the Purchase Number After July 29, 1996 and on or Adjusted Cost Price multiplied by 60% of prior to July 29, 1997 the Purchase Number After July 29, 1997 and on or Adjusted Cost Price multiplied by 40% of prior to July 29, 1998 the Purchase Number After July 29, 1998 and on or Adjusted Cost Price multiplied by 20% of prior to July 29, 1999 the Purchase Number New Management Investors ------------------------ If the Termination Date Occurs: Option Purchase Price ------------------------------- --------------------- On or prior to the first anniversary of the Adjusted Cost Price multiplied by the Closing Date Purchase Number After the first anniversary of the Closing Date, Adjusted Cost Price multiplied by 66 2/3% and on or prior to the second anniversary of the of the Purchase Number Closing Date After the second anniversary of the Closing Date, Adjusted Cost Price multiplied by 33 1/3% and on or prior to the third anniversary of the of the Purchase Number Closing Date As used herein, "Closing Date" for each New Management Investor means the date specified opposite such person's respective name on Schedule II hereto. Notwithstanding anything to the contrary contained herein, in connection with the exercise of any Purchase Option pursuant to Section 6.3, the Company may deduct from the Option Purchase Price paid to any Management Investor the aggregate amount of the outstanding principal and accrued but unpaid interest due on any Promissory Note of such Management Investor to the Company. As used herein, "Adjusted Cost Price" for each share of Common Stock means the original purchase price per share for the Management Investor's Common Stock as set forth in Section 1.1 (including any shares of Common Stock which have been converted into other shares of capital stock of the Company, and adjusted for any stock dividend payable upon, or subdivision or combination of, the Common Stock);

  • Purchase Price; Consideration Purchaser shall, on the date hereof (the “Closing Date”), issue to Seller a promissory note, substantially in the form attached hereto as Exhibit B, in the sum of Fifteen Thousand Dollars ($15,000) (the “Promissory Note”) as the consideration for the Ownership Interests.

  • Purchase Price The Purchase Price for each Mortgage Loan shall be the percentage of par as stated in the related Purchase Price and Terms Agreement (subject to adjustment as provided therein), multiplied by the aggregate principal balance, as of the related Cut-off Date, of the Mortgage Loans listed on the related Mortgage Loan Schedule, after application of scheduled payments of principal due on or before the related Cut-off Date, but only to the extent such payments were actually received. The initial principal amount of the related Mortgage Loans shall be the aggregate principal balance of the Mortgage Loans, so computed as of the related Cut-off Date. If so provided in the related Purchase Price and Terms Agreement, portions of the Mortgage Loans shall be priced separately. In addition to the Purchase Price as described above, the Purchaser shall pay to the Seller, at closing, accrued interest on the current principal amount of the related Mortgage Loans as of the related Cut-off Date at the weighted average Mortgage Interest Rate of those Mortgage Loans. The Purchase Price plus accrued interest as set forth in the preceding paragraph shall be paid to the Seller by wire transfer of immediately available funds to an account designated by the Seller in writing.

  • The Purchase Price Notwithstanding the termination of the Option, Grantee will be entitled to exercise its rights under this Section 6(c) if it has exercised such rights in accordance with the terms hereof prior to the termination of the Option.

  • Offering Price of Shares All Shares sold under this Agreement shall be sold at the public offering price per Share in effect at the time of the sale, as described in the then current Prospectus of the applicable Fund. The excess, if any, of the public offering price over the net asset value of the Shares sold by Distributor, as agent, shall be retained by Distributor as a commission for its services hereunder. Out of such commission Distributor may allow commissions or concessions to dealers and may allow them to others in its discretion in such amounts as Distributor shall determine from time to time. Except as may be otherwise determined by Distributor from time to time, such commissions or concessions shall be uniform to all dealers. At no time shall the Trust receive less than the full net asset value of the Shares, determined in the manner set forth in the then current Prospectus and SAI for the applicable Fund. Distributor shall also be entitled to such commissions and other fees and payments as may be authorized by the Trustees of the Trust from time to time under the Distribution Plan.

  • Purchase Price; Number of Shares (a) The registered holder of this Warrant (the “Holder”), commencing on the date hereof, is entitled upon surrender of this Warrant with the subscription form annexed hereto duly executed, at the principal office of the Company, to purchase from the Company, at a price per share of $2.80 (the “Purchase Price”), 185,714 fully paid and nonassessable shares of the Company’s Series D Preferred Stock, (the “Exercise Quantity”), $0.001 par value (the “Preferred Stock”).

  • Purchase Price Protection With respect to any Mortgage Loan that prepays in full on or prior to the last day of the third full month following the related Closing Date (or such other date set forth in the related PPTL, the Seller shall reimburse the Purchaser an amount equal to the product of (a) the amount by which Purchase Price Percentage paid by the Purchaser to the Seller for such Mortgage Loan exceeds 100% and (b) the outstanding principal balance of the Mortgage Loan as of the Cut-off Date. Such payment shall be made within thirty (30) days of such payoff.

  • Purchase Price; Payment of Purchase Price In addition to the Assumed Liabilities described below, the aggregate consideration for the Subject Assets (the “Purchase Price”) shall be the amount equal to: $2,000,000. The Purchase Price shall be subject to adjustment as set forth in Section 1.7 below as so adjusted.

  • Price of Common Stock The Company has not taken, and will not take, directly or indirectly, any action designed to cause or result in, or that has constituted or that might reasonably be expected to constitute, the stabilization or manipulation of the price of the shares of the Common Stock to facilitate the sale or resale of the Shares.

Time is Money Join Law Insider Premium to draft better contracts faster.