Common use of Sale and Purchase of Stock Clause in Contracts

Sale and Purchase of Stock. 2.1 Subject to the terms and conditions herein set forth, the Company agrees that it will issue to the Purchasers at the First Closing an aggregate of 52,000 shares of Preferred Stock (the "First Preferred Shares") for a purchase price of $1,000 per share or an aggregate of $52,000,000 (the "First Purchase Price"). Each Purchaser agrees that it will purchase at the First Closing the number of shares of Preferred Stock set forth in the first column beside its name on Exhibit A, for a purchase price of $1,000 per share, and the Company --------- agrees that it will issue the shares to the Purchasers at such Closing in such numbers. 2.2 Subject to the terms and conditions herein set forth, the Company agrees that it will issue to the Purchasers at the Second Closing an aggregate of 48,000 shares of Preferred Stock (the "Second Preferred Shares" and together with the First Preferred Shares, the "Shares") for a purchase price of $1,000 per share or an aggregate of $48,000,000 (the "Second Purchase Price" and together with the First Purchase Price, the "Purchase Price"). Each Purchaser agrees that it will purchase at the Second Closing the number of shares of Preferred Stock set forth in the second column beside its name on Exhibit A, for --------- a purchase price of $1,000 per share, and the Company agrees that it will issue the shares to the Purchasers at such Closing in such numbers.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Taunus Corp)

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Sale and Purchase of Stock. 2.1 Subject to the terms and conditions herein set forth, the Company agrees that it will issue to the Purchasers, and the Purchasers agree that they will acquire from the Company, at the First Closing Closing, an aggregate of 52,000 78,000 shares of Preferred Stock (the "First Preferred Shares") for a purchase price of $1,000 per share or an aggregate of $52,000,000 78,000,000 (the "First Purchase Price"). Each Purchaser agrees that it will purchase at the First Closing the The number of shares of Preferred Stock Shares to be purchased by each Purchaser at such Closing shall be as set forth in the first column beside its name on Exhibit A, for a purchase price of $1,000 per share, and the Company --------- agrees that it will issue the shares to the Purchasers at such Closing in such numbers.B. 2.2 Subject to the terms and conditions herein set forth, the Company agrees that it will issue to the Purchasers, and the Purchasers agree that they will acquire from the Company, at the Second Closing Closing, an aggregate of 48,000 22,000 shares of Preferred Stock (the "Second Preferred Shares" and together with the First Preferred Shares, the "Shares") for a purchase price of $1,000 per share or an aggregate of $48,000,000 22,000,000 (the "Second Purchase Price" and together with the First Purchase Price, the "Purchase Price"). Each Purchaser agrees that it will purchase at the Second Closing the The number of shares of Preferred Stock Shares to be purchased by each Purchaser at such Closing shall be as set forth in the second column beside its name on Exhibit A, for --------- a purchase price of $1,000 per share, and the Company agrees that it will issue the shares to the Purchasers at such Closing in such numbers.B.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Nationsrent Inc)

Sale and Purchase of Stock. 2.1 Subject to the terms and conditions herein set forth, the Company agrees that it will issue to the Purchasers at the First Closing an aggregate of 52,000 shares of Preferred Stock (the "First Preferred Shares") for a purchase price of $1,000 per share or an aggregate of $52,000,000 (the "First Purchase Price"). Each Purchaser agrees that it will purchase at the First Closing the number of shares of Preferred Stock set forth in the first column beside its name on Exhibit EXHIBIT A, for a purchase price of $1,000 per share, and the Company --------- agrees that it will issue the shares to the Purchasers at such Closing in such numbers. 2.2 Subject to the terms and conditions herein set forth, the Company agrees that it will issue to the Purchasers at the Second Closing an aggregate of 48,000 shares of Preferred Stock (the "Second Preferred Shares" and together with the First Preferred Shares, the "Shares") for a purchase price of $1,000 per share or an aggregate of $48,000,000 (the "Second Purchase Price" and together with the First Purchase Price, the "Purchase Price"). Each Purchaser agrees that it will purchase at the Second Closing the number of shares of Preferred Stock set forth in the second column beside its name on Exhibit A, for --------- a purchase price of $1,000 per share, and the Company agrees that it will issue the shares to the Purchasers at such Closing in such numbers.second

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Nationsrent Inc)

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Sale and Purchase of Stock. 2.1 Subject to the terms and conditions herein set forth, the Company agrees that it will issue to the Purchasers at the First Closing an aggregate of 52,000 shares of Preferred Stock (the "First Preferred Shares") for a purchase price of $1,000 per share or an aggregate of $52,000,000 (the "First Purchase Price"). Each Purchaser agrees that it will purchase at the First Closing the number of shares of Preferred Stock set forth in the first column beside its name on Exhibit A, for a purchase price of $1,000 per share, and the Company --------- agrees that it will issue the shares to the Purchasers at such Closing in such numbers. 2.2 Subject to the terms and conditions herein set forth, the Company agrees that it will issue to the Purchasers at the Second Closing an aggregate of 48,000 shares of Preferred Stock (the "Second Preferred Shares" and together with the First Preferred Shares, the "Shares") for a purchase price of $1,000 per share or an aggregate of $48,000,000 (the "Second Purchase Price" and together with the First Purchase Price, the "Purchase Price"). Each Purchaser agrees that it will purchase at the Second Closing the number of shares of Preferred Stock set forth in the second column beside its name on Exhibit A, for --------- a purchase price of $1,000 per share, and the Company agrees that it will issue the shares to the Purchasers at such Closing in such numbers.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Morgan J P & Co Inc)

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