SALE OF SERIES A SHARES Sample Clauses

SALE OF SERIES A SHARES. Subject to the terms and conditions this Agreement, the Company will issue and sell to the Purchaser, and the Purchaser will buy from the Company, the Series A Shares at a price of $3.00 per share with an aggregate purchase price of $4,500,000.
Sample 1
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SALE OF SERIES A SHARES. Each Purchaser hereby irrevocable agrees to purchase from the Company, and the Company agrees to sell to each Purchaser pursuant to the Registration Statement (as defined below) the number of shares of Series A Convertible Preferred Stock (“Series A Shares”) shown beneath such Purchaser’s signature on the signature page of this Agreement, at the price of $50 per share (the “Purchase Price”). A copy of the Certificate of Determination of Preferences of the Series A Shares is attached to this Agreement as Exhibit A.
Sample 1
SALE OF SERIES A SHARES. On the basis of the representations, warranties, covenants and agreements set forth herein, each Stockholder agrees to and will sell, convey, transfer, assign and deliver to the Company at the Closing, as hereinafter defined, good and marketable title to, free and clear of all lien, charge, claim, option, pledge, security interest, right of first refusal, or restriction of any kind (collectively, "Liens"), and the Company agrees to and will acquire and accept from each Stockholder at the Closing the number of shares of Series A Preferred Stock set forth opposite such Stockholder's name on Exhibit A hereto.
Sample 1
SALE OF SERIES A SHARES. Subject to the terms and conditions hereof and at the Series A Closing (as defined in Section 2.1), the Company will issue and sell to the Purchasers, and the Purchasers will buy from the Company, 4,000,000 shares of Series A Preferred, at a purchase price of $1.75 per share.
Sample 1
SALE OF SERIES A SHARES. Subject to the terms and conditions hereof, at the Closing (as defined below) the Company will severally issue and sell to each of the Investors and the Investors will severally buy from the Company the number of Series A Shares set forth opposite such Investor's name in the second column of the Schedule of Investors for the aggregate purchase price, calculated on a per share purchase price of $0.675, of up to $2,400,000, set forth in the third column opposite the Investor's name in the Schedule of Investors. The Company's agreements with each of the Investors are separate agreements, and the sales to each of the Investors are separate sales.
Sample 1
SALE OF SERIES A SHARES 
Sample 1

Related to SALE OF SERIES A SHARES

  • Purchase and Sale of Preferred Stock 1.1 Sale and Issuance of Series A Preferred Stock. ---------------------------------------------

  • Purchase and Sale of Preferred Shares Upon the following terms and conditions, CDRD shall issue and sell to each Investor severally, and each Investor severally shall purchase from CDRD, the number of First Closing Shares and up to the number of Second Closing Shares indicated next to such Investor's name on Schedule I attached to this Agreement."

  • Trust Issuance of Series Shares The delivery of Series shares shall be made promptly by a credit to a shareholder's open account for the Series or by delivery of a share certificate. The Trust reserves the right (a) to issue Series shares at any time directly to the shareholders of the Series as a stock dividend or stock split, (b) to issue to such shareholders shares of the Series, or rights to subscribe to shares of the Series, as all or part of any dividend that may be distributed to shareholders of the Series or as all or part of any optional or alternative dividend that may be distributed to shareholders of the Series, and (c) to sell Series shares in accordance with the current applicable prospectus of the Trust relating to the Series 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.

  • Series A Preferred Units (a) The authorized number of Series A Preferred Units shall be unlimited. Series A Preferred Units that are purchased or otherwise acquired by the Partnership shall be cancelled.

  • Series A Preferred Stock On the Closing Date, each Subscriber shall purchase and the Company shall sell to each such Subscriber, the number of shares of Preferred Stock designated on such Subscriber’s signature page hereto for such Subscriber’s Purchase Price indicated thereon.

  • Reservation of Class A Ordinary Shares The Company shall at all times reserve and keep available a number of its authorized but unissued Class A ordinary shares that shall be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement.

  • Sale of Shares The Issuer grants to Distributors the right to sell shares on behalf of the Issuer during the term of this Agreement and subject to the registration requirements of the Securities Act of 1933, as amended ("1933 Act"), and of the laws governing the sale of securities in the various states ("Blue Sky Laws") under the following terms and conditions: Distributors (i) shall have the right to sell, as agent on behalf of the Issuer, shares authorized for issue and registered under the 1933 Act, and (ii) may sell shares under offers of exchange, if available, between and among the funds advised by Fidelity Management & Research Company ("FMR") or any of its affiliates.

  • Cancellation of Converted Securities All Securities delivered for conversion shall be delivered to the Trustee to be cancelled by or at the direction of the Trustee, which shall dispose of the same as provided in Section 3.09.

  • Purchase of Preferred Shares Subject to the terms and conditions set forth in this Agreement, at the Closing the Company shall issue and sell to each Purchaser, and each Purchaser shall, severally and not jointly, purchase from the Company, the number of Preferred Shares set forth below such Purchaser’s name on the signature page of this Agreement at a per Preferred Share price equal to the Purchase Price.

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