Sale and Purchase of Shares and Warrants Sample Clauses

Sale and Purchase of Shares and Warrants. Subject to the terms and conditions hereof, the Company agrees to issue and sell, and the Purchaser agrees to purchase that number of shares of Common Stock (the "Shares") identified on the signature page hereof at a purchase price of $2.70 per share. The total purchase price is set forth on the signature page hereof (the "Purchase Price"). The Purchase Price is payable upon subscription in cash, check or wire transfer. If paying by check, the check should be made payable to "VDC Communications, Inc." and delivered to VDC Communications, Inc. at 00 Xxxxx Xxxx Xxxx, Greenwich, Connecticut, 06830. For every full block of ten (10) Shares purchased pursuant to this Agreement, the Purchaser shall be entitled to receive from the Company, and the Company shall grant to the Purchaser, one (1) Common Stock Purchase Warrant (the "Warrants") upon substantially the terms set forth in the document attached hereto as Exhibit "A." The sale of Shares and Warrants evidenced by this Agreement is part of an overall private placement transaction being undertaken by the Company of a maximum principal amount of $1,499,998.50. See Section 3 hereafter.
AutoNDA by SimpleDocs
Sale and Purchase of Shares and Warrants. (a) ______ Upon the terms and subject to the conditions herein contained, the Company agrees to sell to the Investor, and the Investor agrees to purchase from the Company, at the Closing on the Closing Date, (i) the number of shares of Common Stock, and (ii) the Warrants to purchase the number of shares of Warrant Stock, in each case as set forth opposite its name on Annex A hereto, and the Investor shall pay to the Company the Required Payment.
Sale and Purchase of Shares and Warrants. 1 2.1. Authorization of the Series C Stock and Series C Warrants 1 2.2. Sale and Purchase of Shares 1 2.3. Closing 2
Sale and Purchase of Shares and Warrants. (a) The Company hereby sells to the Buyer, and the Buyer hereby subscribes for and purchases from the Company, (i) the Initial Shares and (ii) the Initial Warrants on the date hereof, in accordance with the provisions of this Agreement and applicable law. The Initial Warrants shall have an exercise price of $5.00 per share and shall have the terms of, and be evidenced by, a Warrant certificate, the form of which is attached to this Agreement as Exhibit A.
Sale and Purchase of Shares and Warrants. At the Closing (as hereinafter defined), (i) the Seller shall sell, and the Buyer shall purchase, all of the Shares, Warrants and Additional Warrants, if any, free of any Liens, (ii) the Seller shall deliver or cause to be delivered to the Buyer certificates representing all of the Shares, Warrants and Additional Warrants, if any, accompanied by stock and warrant powers duly executed in blank, in proper form for transfer, and with all appropriate stock transfer tax stamps affixed, and (iii) the Buyer shall deliver the Purchase Price (as hereinafter defined) to the Seller.
Sale and Purchase of Shares and Warrants. Xxxxxxxx and the Sellers hereby urgently request that the Company repurchase the Shares and the Warrants from the Sellers at a price of $0.28 per Share (or $798,472.08 in the aggregate (the "Purchase Price")), together with the Warrants which currently have no value. Xxxxxxxx and the Sellers hereby agree that the purchase shall be consummated at the office of the Company, or at such other location as may be mutually agreed upon by Xxxxxxxx and the Company, in either case within five (5) business days of the date upon which the Company shall give notice that the conditions to purchase set forth in this letter agreement have been fulfilled to its satisfaction. At the closing, the Company shall pay the Purchase Price for the Shares and the Warrants to the Seller upon satisfaction of the conditions to purchase by the Company set forth in Article B of this letter agreement.
Sale and Purchase of Shares and Warrants. (a) ______ Upon the terms and subject to the conditions herein contained, the Company agrees to sell to each Investor, and each Investor severally agrees to purchase from the Company, at the Closing on the Closing Date or any Subsequent Closing Date, (i) the number of shares of Common Stock, and (ii) the Warrants to purchase the number of shares of Warrant Stock, in each case as set forth opposite its name on Annex A hereto, as the same may be amended from time to time, and each Investor shall pay to the Company the Required Payment.
AutoNDA by SimpleDocs
Sale and Purchase of Shares and Warrants. At the Closing (a) the Stockholders shall sell, assign and transfer to Buyer all of the Shares, (b) the Stockholders shall deliver to Buyer the stock certificates representing all the Shares, with duly executed stock powers attached reasonably satisfactory to Buyer in proper form for transfer, (c) the Stockholders shall transfer all of the Shares free and clear of all Liens, (d) the Stockholders shall cause the Warrantholders to surrender the Warrants for cancellation, and (e) Buyer shall pay and deliver to the Payment Agent for the benefit of the Stockholders and the Warrantholders the Initial Purchase Price (as defined in SECTION 2.2 hereof) and take the other actions described in this ARTICLE II.
Sale and Purchase of Shares and Warrants 

Related to Sale and Purchase of Shares and Warrants

  • Sale and Purchase of Shares Upon the terms and subject to the conditions contained herein, on the Closing Date the Seller shall sell, assign, transfer, convey and deliver to the Purchaser, and the Purchaser shall purchase from the Seller, all of the Shares.

  • Purchase and Sale of Shares and Warrants Subject to the satisfaction (or waiver) of the conditions to Closing set forth in this Agreement and the Escrow Agreement, each Subscriber shall purchase the Shares and Warrants for the portion of the Purchase Price indicated on the signature page hereto, and the Company shall sell such Shares and Warrants to the Subscriber. The Purchase Price for the Shares and Warrants shall be paid in cash. The entire Purchase Price shall be allocated to the Shares.

  • Purchase and Sale of Preferred Shares and Warrants 1.1.1. On or prior to the Initial Closing, as hereinafter defined, the Company shall adopt and file the Certificate of Designation with the Secretary of State of the State of Delaware and authorize, execute and deliver the Warrant Agreement.

  • Sale and Purchase of the Shares On the basis of the representations, warranties and agreements contained in, and subject to the terms and conditions of, this Agreement:

  • Purchase and Sale of Common Shares and Warrants (a)Purchase of Common Shares and Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall purchase from the Company on the Closing Date (as defined below), the number of Common Shares as is set forth opposite such Buyer's name in column (4) on the Schedule of Buyers, along with the Warrants to acquire up to that number of Warrant Shares as is set forth opposite such Buyer's name in column (5) on the Schedule of Buyers (the “Closing”).

  • Sale and Purchase of Common Stock 1.1. Subject to the conditions hereof, the Company hereby agrees to issue and sell to Subscriber, and Subscriber hereby agrees to subscribe for and purchase from the Company, for investment, on the Closing Date (as defined below), the number of shares of Common Stock set forth next to Subscriber’s name on Schedule I hereto (the “Shares”) at a purchase price equal to the price per share to the public in the Public Offering, less the underwriting discounts and commission payable to the underwriters in the Public Offering (the “Purchase Price”).

  • Subscription and Purchase of Shares For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,125,000 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.

  • Sale and Purchase of Stock 1.1 Subject to the terms, provisions and conditions set forth herein, Seller hereby sells and delivers to Purchaser, and Purchaser hereby purchases and receives from Seller, the Shares, in exchange for the purchase price set forth hereinafter. Purchaser hereby acknowledges receipt of one or more stock certificates representing the Shares, duly endorsed or accompanied by duly executed stock transfer form.

  • SALE AND PURCHASE OF THE SALE SHARES 2.1 On and subject to the provisions of this Agreement, at Completion the Seller shall sell, and the Purchaser shall purchase, the Sale Shares free and clear from all Encumbrances, together with all rights attaching to them as at Completion, including any right to receive dividends, distributions or any return of capital declared, made or paid with effect from Completion.

  • Purchase and Sale of the Shares and Warrants Subject to the terms and conditions of this Agreement, on the Closing Date, each of the Investors shall severally, and not jointly, purchase, and the Company shall sell and issue to the Investors, the Shares and Warrants in the respective amounts set forth opposite the Investors’ names on the signature pages attached hereto in exchange for the Purchase Price as specified in Section 3 below.

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