Common use of REPURCHASE OF SERIES A SHARES Clause in Contracts

REPURCHASE OF SERIES A SHARES. BIZ shall have completed the repurchase of all outstanding shares of BIZ Series A Preferred (it being understood that BIZ's promissory note in the principal amount of $500,000, representing a portion of the repurchase price, may still be outstanding on the Closing Date).

Appears in 4 contracts

Samples: Merger Agreement (SSP Solutions Inc), Merger Agreement (SSP Solutions Inc), Merger Agreement (Shah Kris & Geraldine Family Trust)

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