Sale and Purchase of the Units Sample Clauses

Sale and Purchase of the Units. Ener1 undertakes to sell and supply, within the timeframe stipulated herein, the Units (as defined below) to MGTES (or another person designated by MGTES) and to perform and render related works and services in connection therewith as specified in this Agreement, and MGTES undertakes to accept and pay for such Units and related works and services supplied as per the terms and conditions of this Agreement. The Parties agree that the term “Unit” means a separate, independent and ready-for-operation unit used to power the GES Systems comprised of lithium-ion batteries and specified battery elements, parts and equipment to be sold by Ener1 to MGTES under this Agreement.
AutoNDA by SimpleDocs
Sale and Purchase of the Units. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller agrees to sell, assign, transfer, convey and deliver to Buyer, and Buyer agrees to purchase and accept from Seller, the Units, free and clear of all Liens (other than transfer restrictions imposed by the applicable securities Laws).
Sale and Purchase of the Units. Upon the terms and subject to the conditions herein contained, the Company agrees to sell to each Purchaser, and each Purchaser agrees to purchase from the Company, at the Closing (as defined in Section 3) that number of Units set forth opposite such purchaser’s name on Schedule I for the purchase price set forth opposite such purchasers name, which amount represents the number of Units purchased by such Purchaser multiplied by the price per Unit of $0.15 (the “Unit Price”). The aggregate price paid by all Purchasers, as set forth on Schedule I, shall be referred to as the “Total Purchase Price.” The Common Shares and Warrants included in each Unit will be issued separately by the Company to each Purchaser.
Sale and Purchase of the Units. The Company will sell to each of the Purchasers and each Purchaser severally will purchase from the Company, subject to the terms and conditions of this Agreement and in reliance on the representations, warranties and covenants of the Company contained herein and in the Exhibits hereto, such number of Units as are set forth in Schedule 1.2, at the purchase price set forth in Schedule 1.2.
Sale and Purchase of the Units. On the terms and subject to the conditions hereof, at the Closing, the Seller shall sell the Units to the Buyer, and the Buyer shall purchase the Units from the Seller.
Sale and Purchase of the Units. 1.1 At the Closing (as defined in Section 2.1 hereof), and subject to the terms and conditions hereof and in reliance upon the representations, warranties and agreements contained herein, the Company is issuing and selling to the Purchasers and each Purchaser is purchasing from the Company the number of Units set forth opposite his name in the column labeled "Number of Units" on the Schedule of Purchasers at the purchase amount (the "Purchase Amount") set forth opposite his name in the column labeled "Purchase Amount" on the Schedule of Purchasers. The number of Warrants and shares of Common Stock underlying the Units are also set forth on the Schedule of Purchasers.
Sale and Purchase of the Units. At each Closing (as defined in Section 2.1 hereof), and subject to the terms and conditions hereof and in reliance upon the representations and warranties contained herein, the Company is issuing and selling to the Purchasers and each Purchaser is purchasing from the Company the number of Units set forth opposite such Purchaser's name in the column labelled "Units" in the Schedule of Purchasers attached hereto. The Debentures shall be in, or substantially in, the form of Exhibit A annexed hereto.
AutoNDA by SimpleDocs
Sale and Purchase of the Units. Subject to the terms and conditions of this Agreement, the undersigned Investor hereby subscribes for and agrees to purchase the number of Units set forth on the signature page to this Agreement at a purchase price of $1.00 per Unit (the “Purchase Price”).
Sale and Purchase of the Units. Subject to the satisfaction of the terms and conditions of this Agreement set forth herein and in reliance upon the respective representations and warranties of the Parties set forth or referred to herein, the Company agrees to issue and sell to each Purchaser, and each Purchaser agrees to subscribe for and purchase from the Company, each Purchaser's Commitment Amount (as set forth opposite the name of such Purchaser on the SCHEDULE OF PURCHASERS attached hereto) of Units to be issued and sold on the Closing Date (as defined below). The SCHEDULE OF PURCHASERS indicates the number of Units to be purchased by each Purchaser on the Closing Date.
Sale and Purchase of the Units. At the Closing, as hereinafter defined, upon and subject to the terms and conditions set forth in this Agreement, the Unitholders shall sell, transfer, assign and deliver to Security National, and Security National shall purchase from the Unitholders, Sixty-six and Two Thirds (66-2/3) units of C & J Financial (the "C & J Financial Units"), representing all of the issued and outstanding units owned by the Unitholders, free and clear of all liens, claims, options, proxies, voting agreements, charges and encumbrances.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!