Common use of Sale and Purchase of the Purchased Securities Clause in Contracts

Sale and Purchase of the Purchased Securities. For value received, and on the terms and subject to all of the conditions set forth herein, at the Closing, the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase, the Purchased Securities in exchange for a payment to the Company at the Closing of FIVE MILLION DOLLARS ($5,000,000.00), less fees payable under Section 2.3..

Appears in 3 contracts

Samples: Investment Agreement (Barnabus Energy, Inc.), Investment Agreement (Barnabus Energy, Inc.), Investment Agreement (Barnabus Energy, Inc.)

AutoNDA by SimpleDocs

Sale and Purchase of the Purchased Securities. For value received, and on the terms and subject to all of the conditions set forth herein, at the Closing, the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase, the Purchased Securities in exchange for a payment to the Company at the Closing of FIVE MILLION DOLLARS ($5,000,000.00), less fees payable under Section 2.3...

Appears in 1 contract

Samples: Investment Agreement (Barnabus Energy, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!