Common use of Sale and Issuance of Securities Clause in Contracts

Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, 250 units (the "Units") at a price per Unit equal to $4,600.00, or a total of (x) 5,000,000 Shares (the "Purchased Shares") and (y) Warrants to purchase an aggregate of 2,500,000 shares of Common Stock (the "Purchased Warrants" and collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of $1,150,000.00. (b) The number of Purchased Shares and Purchased Warrants to be purchased by each Investor from the Company is set forth on Schedule 1.1(b) hereto, subject to acceptance, in whole or in part, by the Company.

Appears in 1 contract

Samples: Unit Subscription Agreement (Graphon Corp/De)

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Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, 250 units 148,148 Units (the "Units") at a price per Unit equal to $4,600.0027.00, or a total an aggregate of (x) 5,000,000 148,148 Shares (the "Purchased Shares") and (y) Series B Warrants to purchase an aggregate of 2,500,000 shares of Common Stock 74,074 Warrant Shares (the "Purchased Warrants" and ” and, collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of $1,150,000.003,999,996.00. (b) The number of Purchased Shares and Purchased Warrants to be purchased by each Investor from the Company is set forth on Schedule 1.1(b) hereto, subject to acceptance, in whole or in part, by the Company.

Appears in 1 contract

Samples: Unit Subscription Agreement (Idt Corp)

Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, 250 units 148,148 Units (the "Units") at a price per Unit equal to $4,600.0027.00, or a total an aggregate of (x) 5,000,000 148,148 Shares (the "Purchased Shares") and (y) Series B Warrants to purchase an aggregate of 2,500,000 shares of Common Stock 74,074 Warrant Shares (the "Purchased Warrants" and and, collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of $1,150,000.003,999,996.00. (b) The number of Purchased Shares and Purchased Warrants to be purchased by each Investor from the Company is set forth on Schedule 1.1(b) hereto, subject to acceptance, in whole or in part, by the Company.

Appears in 1 contract

Samples: Unit Subscription Agreement (Graphon Corp/De)

Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, 250 units (the "Units") 258.0645 Units at a price per Unit equal to $4,600.0031,000.00, or a total of (xi) 5,000,000 2,580,645 Shares (the "Purchased Shares") and (yii) Warrants to purchase an aggregate of 2,500,000 516,129 shares of Common Stock (the "Purchased Warrants" and collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of $1,150,000.008,000,000.00. (b) The number of Purchased Shares and Purchased Warrants to be purchased by each Investor from the Company is set forth on Schedule 1.1(b) hereto, subject to acceptance, in whole or in part, by the Company.

Appears in 1 contract

Samples: Unit Subscription Agreement (Axs One Inc)

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Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, 250 55 units (the "Units") at a price per Unit equal to $4,600.0035,500.00, or a total of (x) 5,000,000 550,000 Shares (the "Purchased Shares") and (y) Warrants to purchase an aggregate of 2,500,000 110,000 shares of Common Stock (the "Purchased Warrants" and collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of $1,150,000.001,952,500.00. (b) The number of Purchased Shares and Purchased Warrants to be purchased by each Investor from the Company is set forth on Schedule 1.1(b) hereto, subject to acceptance, in whole or in part, by the Company.

Appears in 1 contract

Samples: Unit Subscription Agreement (Lightpath Technologies Inc)

Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, 250 units (the "Units") 453.45 Units at a price per Unit equal to $4,600.0014,886, or a total of (xi) 5,000,000 4,534,461 Shares (the "Purchased Shares") and (yii) Warrants to purchase an aggregate of 2,500,000 906,892 shares of Common Stock (the "Purchased Warrants" and collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of $1,150,000.006,750,000. (b) The number of Purchased Shares and Purchased Warrants to be purchased by each Investor from the Company is set forth on Schedule 1.1(b) hereto, subject to acceptance, in whole or in part, by the Company.

Appears in 1 contract

Samples: Unit Subscription Agreement (Axs One Inc)

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