Sale of Shares and Warrants. In reliance upon the Purchasers' representations and warranties contained in Section 4 hereof and subject to the terms and conditions set forth herein, the Company hereby agrees to sell to each Purchaser, at a price per Unit of $2.00, the aggregate number of Shares and Warrants set forth below such Purchaser's signature on such Purchaser's signature page hereto. The total amount of common stock of the Company (the "Common Stock") and other securities issuable upon conversion of the Shares and the Warrant Shares is hereinafter referred to as the "Conversion Stock." The Shares, Warrants, Warrant Shares and the Conversion Stock are hereinafter collectively referred to as the "Securities."
Sale of Shares and Warrants. Subject to the terms and conditions of this Agreement, at the Closing the Company will sell and issue to each of the Purchasers, and each of the Purchasers will purchase from the Company, (i) the number of shares of Series C Preferred set forth opposite such Purchaser’s name on Exhibit A for the purchase price of $0.4481 per share (the “Purchase Price”) such number of shares to be determined by rounding down any fractional shares to the nearest whole number; and (ii) a warrant, substantially in the form attached hereto as Exhibit C (a “Warrant”), to purchase its pro rata portion of an aggregate of 1,600,000 shares of common stock, par value $0.01 per share of the Company (the “Common Stock”), such pro rata portion will be determined according to such Purchaser’s percentage of participation in the Closing as defined in Section 2 hereof. The shares of Series C Preferred sold under this Agreement are referred to as the “Shares.” The Company’s agreement with each of the Purchasers is a separate agreement, and the sale of Shares to each of the Purchasers is a separate sale.
Sale of Shares and Warrants. Subject to the terms and conditions of the Agreement, the Company agrees to issue and sell to each Purchaser and each Purchaser severally agrees to purchase from the Company the number of Shares set forth in the Agreement. In addition, each Purchaser shall receive a Warrant to purchase up to 50 Shares of Common Stock for each Share purchased hereunder. The Warrants shall be exercisable until September __, 2000 and shall have a purchase price of $1.50 per Share.
Sale of Shares and Warrants. Subject to the terms and conditions of this Agreement, at the Closing (as defined below), the Company will sell and issue to each Purchaser, and each Purchaser agrees, severally and not jointly, to purchase from the Company, (i) the number of shares of Series E Preferred Stock set forth opposite such Purchaser’s name on Attachment 1 and (ii) one or more Series A Warrant to purchase that number of shares of Series A Preferred Stock set forth opposite each Purchaser’s name on Attachment 1, for an aggregate purchase price of $1.461 per share of Series E Preferred Stock and related warrant, payable in cash by wire transfer to an account designated by the Company. The Series A Warrant shall be in the form and substance of Exhibit B attached to this Agreement and shall provide for an exercise price of $0.01 per share of the Series A Preferred Stock, subject to adjustment as provided therein. The Shares, the Series A Warrants, the Series A Warrant Shares and the Conversion Shares shall be referred to collectively in this Agreement as the “Securities.”
Sale of Shares and Warrants. (a) Subject to the terms and conditions of this Agreement, at the Closing (as defined below), the Company will sell and issue to the Purchaser, and the Purchaser will purchase, 79,365 shares of Series A Convertible Preferred Stock of the Company ("Series A Preferred Stock") at a purchase price of $63.00 per share. The shares of Series A Preferred Stock being sold under this Agreement are referred to as the "Shares," and the shares of Common Stock issuable upon conversion thereof are referred to as the "Conversion Shares." The Series A Preferred Stock shall have the rights, preferences and privileges set forth in the Certificate of Designations attached hereto as Exhibit A, which shall be filed with the Secretary of State of Delaware prior to the Closing.
Sale of Shares and Warrants. Each Seller agrees to sell, transfer and deliver the Shares and the Warrants set forth opposite such Seller’s name on Schedule A to Buyer, and Buyer agrees to purchase all such Shares and Warrants.
Sale of Shares and Warrants. (a) Subject to the terms and conditions of this Agreement, the Investor agrees, severally, to purchase and the Company agrees to sell and issue to the Investor, Five Million Five Hundred Fifty-five Thousand Five Hundred and Fifty-five (5,555,555) shares of the Company's Common Stock at the per share purchase price of the Common Stock of $0.09 per share for an aggregate purchase price of $499,999.95 (the "Purchase Price").
Sale of Shares and Warrants. 2.1 Subject to the terms of this Agreement, each Vendor separately and independently and not jointly and severally shall sell with full title guarantee and, notwithstanding any limitation otherwise implied by the Law of Property (Miscellaneous Provisions) Xxx 0000, free from all Encumbrances the number of Ordinary Shares, A Preferred Shares and B Preferred Shares set opposite that Vendor’s name in Column 2 of Schedule 1 and the Purchaser shall purchase the Ordinary Shares, A Preferred Shares and B Preferred Shares from the respective Vendors and together with all rights attaching to them at the date of this Agreement (including the right to receive all dividends and distributions declared, paid or made after that date).
Sale of Shares and Warrants. Subject to the provisions of this Agreement, including the form of Share Purchase Warrant attached as Exhibit A to the Original Agreement, and on the closing dates set forth below, the Company will sell to each of the Supplemental Purchasers, severally and not jointly, and each of the Supplemental Purchasers, severally and not jointly, will purchase from the Company, up to a total amount of 960,000 investment units each consisting of 1 Share and Warrants to purchase 2.5 Shares in the number of Shares and Warrants set forth opposite each Purchaser's name in Schedule 1 attached hereto at the purchase price of $.50 per investment unit or a maximum purchase price of up to a total amount of $480,000.
Sale of Shares and Warrants. (a) Subject to the terms and conditions hereof, at the Closing (as defined below), the Company will issue and sell to the Purchasers, and the Purchasers will buy from the Company, an aggregate of 7,400,000 shares of Common Stock (the "Closing Shares") and warrants, in the form attached hereto as Exhibit A (the "Warrants"), to purchase to an aggregate of 2,590,000 shares of Common Stock at an initial exercise price of $4.00 per share, for an aggregate purchase price of $14,800,000. The number of shares of Common Stock and Warrants to be purchased and the purchase price to be paid by each of the Purchasers are set forth on Schedule 1.1 hereto.
