Common use of PURCHASE, SALE AND DELIVERY OF THE SECURITIES AND REPRESENTATIVE'S WARRANTS Clause in Contracts

PURCHASE, SALE AND DELIVERY OF THE SECURITIES AND REPRESENTATIVE'S WARRANTS. (a) On the basis of the representations, warranties, covenants and agreements herein contained, but subject to the terms and conditions herein set forth, the Company agrees to sell to each Underwriter, and each Underwriter agrees to purchase from the Company at a price of $______ per Unit [90% of the initial public offering price], that number of Firm Securities set forth in Schedule A opposite the name of such Underwriter, subject to adjustment as the Representative in its sole discretion shall make to eliminate any sales or purchases of fractional shares, plus any additional number of Firm Securities which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (Truevision International Inc), Underwriting Agreement (Truevision International Inc)

AutoNDA by SimpleDocs

PURCHASE, SALE AND DELIVERY OF THE SECURITIES AND REPRESENTATIVE'S WARRANTS. (a) On the basis of the representations, warranties, covenants and agreements herein contained, but subject to the terms and conditions herein set forth, the Company agrees to sell to each Underwriter, and each Underwriter agrees to purchase from the Company at a price of $_______ per Unit [90% of the initial public offering price]] per share of Common Stock, that number of Firm Securities Shares set forth in Schedule A opposite the name of such Underwriter, subject to adjustment as the Representative in its sole discretion shall make to eliminate any sales or purchases of fractional shares, plus any additional number of Firm Securities Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof.

Appears in 1 contract

Samples: Leading Edge Packaging Inc

PURCHASE, SALE AND DELIVERY OF THE SECURITIES AND REPRESENTATIVE'S WARRANTS. (a) On the basis of the representations, warranties, covenants and agreements herein contained, but subject to the terms and conditions herein set forth, the Company agrees to sell to each Underwriter, and each Underwriter agrees to purchase from the Company at a price of $______ per Unit share [9092% of the initial public offering price]] of Common Stock, that number of Firm Securities Shares set forth in Schedule A opposite the name of such Underwriter, subject to adjustment as the Representative in its sole discretion shall make to eliminate any sales or purchases of fractional shares, plus any additional number of Firm Securities Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof.

Appears in 1 contract

Samples: 21st Century Holding Co

AutoNDA by SimpleDocs

PURCHASE, SALE AND DELIVERY OF THE SECURITIES AND REPRESENTATIVE'S WARRANTS. (a) On the basis of the representations, warranties, covenants and agreements herein contained, but subject to the terms and conditions herein set forth, the Company agrees to sell to each Underwriter, and each Underwriter agrees to purchase from the Company at a price of $______ per Unit share [90% of the initial public offering price]] of Common Stock, that number of Firm Securities Shares set forth in Schedule A opposite the name of such Underwriter, subject to adjustment as the Representative in its sole discretion shall make to eliminate any sales or purchases of fractional shares, plus any additional number of Firm Securities Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof.

Appears in 1 contract

Samples: 21st Century Holding Co

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