Common use of Sale and Issuance of Series A Preferred Stock Clause in Contracts

Sale and Issuance of Series A Preferred Stock. (a) The Company shall adopt and file with the Secretary of State of the State of Delaware on or before the Closing (as defined below) the Certificate of Designations in the form of Exhibit A attached to this Agreement (the “Certificate of Designations”). (b) On the terms and subject to the conditions of this Agreement, each Purchaser, severally and not jointly, agrees to purchase at the Closing and the Company agrees to sell and issue to each such Purchaser at the Closing the number of shares of Series A Preferred Stock, par value $0.0001 per share (the “Series A Preferred Stock”), set forth opposite such Purchaser’s name in Exhibit B hereto with an initial purchase price of $1,000.00 per share (the “Purchase Price”) for an aggregate purchase price of $350,000,000.00 (the “Aggregate Purchase Price”). The shares of Series A Preferred Stock issued to the Purchasers pursuant to this Agreement shall be referred to in this Agreement as the “Shares.”

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Tpi Composites, Inc)

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Sale and Issuance of Series A Preferred Stock. (a) The Company shall adopt and file with the Secretary of State of the State of Delaware on or before the initial Series A Closing (as defined below) the Amended and Restated Certificate of Designations Incorporation in the form of attached hereto as Exhibit A attached to this Agreement B-1 (the “Certificate of Designations”"Restated Certificate"). (b) On Subject to the terms and subject to the conditions of this Agreement, each Purchaser, severally and not jointly, Purchaser agrees to purchase at the Closing Series A Closings and the Company agrees to sell and issue to each such Purchaser at the Closing the Series A Closings that number of shares of Series A Preferred Stock, par value $0.0001 per share (the “Series A Preferred Stock”), Stock set forth opposite each such Purchaser’s 's name in on Exhibit B A hereto with an initial at a purchase price of $1,000.00 0.60 per share (share, in the “Purchase Price”) for an aggregate purchase price of $350,000,000.00 (5,250,000 in the “Aggregate Purchase Price”)initial Series A Closing, and an additional $3,750,000 in a subsequent Series A Closing. The shares of Series A Preferred Stock issued to the Purchasers Purchaser pursuant to this Agreement shall be hereinafter referred to in this Agreement as the “Shares"Series A Stock".

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Netro Corp)

Sale and Issuance of Series A Preferred Stock. (a) The Company shall adopt and file with the Secretary of State of the State of Delaware on or before the Initial Closing (as defined below) the Amended and Restated Certificate of Designations Incorporation in the form of Exhibit A B attached to this Agreement (the “Certificate of DesignationsRestated Certificate”). (b) On Subject to the terms and subject to the conditions of this Agreement, each Purchaser, severally and not jointly, Purchaser agrees to purchase at the Initial Closing and the Company agrees to sell and issue to each such Purchaser at the Initial Closing the that number of shares of Series A Preferred Stock, par value $0.0001 per share (the “Series A Preferred Stock”), set forth opposite such each Purchaser’s name in on Exhibit B hereto with an initial A, at a purchase price of $1,000.00 5.00 per share (the “Purchase Price”) for an aggregate purchase price of $350,000,000.00 (the “Aggregate Purchase Price”)share. The shares of Series A Preferred Stock issued to the Purchasers pursuant to this Agreement (including any shares issued at the Initial Closing and any Additional Shares, as defined below) shall collectively be referred to in this Agreement as the “Shares.”

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Nephros Inc)

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Sale and Issuance of Series A Preferred Stock. (a) The Company shall adopt has adopted and file filed with the Secretary of State of the State of Delaware on or before the Closing (as defined below) the Certificate of Designations Designation in the form of attached hereto as Exhibit A attached to this Agreement B (the “Certificate of DesignationsCertificate”). (b) On Subject to the terms and subject to the conditions of this Agreement, each Purchaser, severally and not jointly, Purchaser agrees to purchase at the Closing Closing, and the Company agrees to sell and issue to each such Purchaser at the Closing the (as defined below), that number of shares of Series A __% Cumulative Preferred Stock, par value $0.0001 per share (the “Series A Preferred Stock”), ) set forth opposite each such Purchaser’s name in on Exhibit B A attached hereto with an initial at a purchase price of $1,000.00 50.00 per share (the “Purchase Price”) for an aggregate purchase price of $350,000,000.00 (the “Aggregate Purchase Price”)share. The shares of Series A Preferred Stock issued to the Purchasers pursuant to this Agreement shall be hereinafter referred to in this Agreement herein as the “SharesStock.”

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (General Finance CORP)

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