Sale and Purchase of the Purchased Shares. Subject to the terms and conditions of this Agreement, at the Closing, the Seller shall sell, convey, assign, transfer and deliver to the Buyer, and the Buyer shall purchase, free and clear of all Encumbrances, all right, title and interest of the Seller in and to the Purchased Shares.
Sale and Purchase of the Purchased Shares. 2.1 Upon the terms and subject to the conditions herein contained, the Company agrees to sell to each Purchaser, and each Purchaser, severally and not jointly with any other Purchaser, agrees to purchase from the Company at the Closing (as defined in Section 3), that number of Purchased Shares set forth opposite such Purchaser’s name on Schedule I hereto (the “Schedule of Purchasers”) for the purchase price set forth opposite such Purchaser’s name, which amount represents the number of Purchased Shares purchased by such Purchaser multiplied by the price per Share of $1.75, with aggregate proceeds of up to US$15,437,228. The purchase price to be paid by each Purchaser, as set forth on Schedule I, shall be referred to as the “Aggregate Purchase Price.” Each Purchaser shall severally, and not jointly, be liable for only the purchase of the Purchased Shares that appear on the Schedule of Purchasers that relate to such Purchaser. The Company’s agreement with each of the Purchasers is a separate agreement, and the sale of Purchased Shares to each of the Purchasers is a separate sale. The obligations of each Purchaser hereunder are expressly not conditioned on the purchase by any or all of the other Purchasers of the Purchased Shares such other Purchasers have agreed to purchase.
Sale and Purchase of the Purchased Shares. Subject to the terms and conditions of this Agreement, at the Closing, the Selling Shareholders shall sell, assign, transfer and deliver to the Purchaser an aggregate of 955,000 Company Common Shares and 45,000 Company Preferred Shares (collectively, the "Purchased Shares"). Set forth on Schedule 2.01 is a list of the number of shares of Purchased Shares to be so sold, assigned, transferred and delivered to Purchaser by each Selling Shareholder.
Sale and Purchase of the Purchased Shares. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties hereinafter set forth, at the Closing Parent shall sell to each Investor, free and clear of all liens except any created by the Voting Agreement, and each Investor will purchase from Parent, the number of shares of Parent Common Stock obtained by dividing such Investor’s Purchase Price by the Parent Equity Offering Price.
Sale and Purchase of the Purchased Shares. On the Closing Date, the ----------------------------------------- Parent shall sell to the Buyer, and the Buyer shall purchase from the Parent, the Purchased Shares, for an aggregate purchase price equal to (i) the number of ---------------- Purchased Shares multiplied by (ii) the Consideration Per Share (as defined below) (the "Purchase Price"). --------------
Sale and Purchase of the Purchased Shares. 2.1 Subject to the terms and conditions of this Agreement, Verbiski covenants and agrees to sell, assign and transfer to IRC and IRC covenants and agrees to purchase from Verbiski all but not less than all of the Purchased Shares.
2.2 The Purchase Price which shall be paid by IRC to Verbiski for the Purchased Shares, subject to the adjustments provided for in Article 7 and in Article 8 hereof, is the sum of $87,500,000 (CDN).
2.3 The Purchase Price shall be paid by IRC as follows:
(a) $60,000,000 (CDN) by way of a certified cheque or confirmed bank transfer;
(b) the issue by IRC to Verbiski of the Founder’s Shares; and
(c) the issue by IRC to Verbiski of the Verbiski Shares.
2.4 Xxxxxxxx shall on Closing execute and deliver to IRC the Purchased Shares, duly registered in the name of IRC, free and clear of any Encumbrances excepting the VBNC Agreement.
Sale and Purchase of the Purchased Shares. Subject to the terms and conditions set forth herein, at the Closing, the Seller will sell and transfer to the Purchaser, and the Purchaser will purchase from the Seller, the Purchased Shares for an aggregate purchase price of US$__________ (the "Purchase Price"), payable in cash at the Closing in the manner set forth in Section 2.2 less the applicable withholding Taxes as provided in Section 7.3.
Sale and Purchase of the Purchased Shares. Upon the terms and subject to the conditions of this Agreement and in consideration of the Purchase Price (as defined herein), the Sellers shall sell, assign, transfer and deliver the Shares to Buyer, and Buyer shall purchase from Sellers and take delivery of the Shares pursuant to the terms of Section 1.3 hereto.
Sale and Purchase of the Purchased Shares. Subject to the terms and conditions of this Agreement, the Purchaser agrees to purchase at the Closing and the Seller agrees to sell to the Purchaser at the Closing the Sale Shares ..
Sale and Purchase of the Purchased Shares. The Purchaser hereby agrees to purchase from the Sellers, and the Sellers hereby agree, severally (in respect of their relevant Seller Allocation (as defined below)) and not jointly, subject to the receipt of the Purchase Price, to deliver to the Purchaser, the Purchased Shares, all on the terms, and subject to the conditions, provided for herein.
