Common use of Securities to be Purchased Clause in Contracts

Securities to be Purchased. On and subject to the terms and conditions set forth herein, on the Closing Date, DOC shall sell to ADSX, and ADSX shall purchase from DOC, all of DOC’s right, title and interest in and to an aggregate of $3,500,000 worth of shares of DOC Common Stock at a purchase price equaling the average of the VWAPs of the DOC Common Stock for the ten Trading Days immediately preceding (and not including) the Closing Date (“Per Share Purchase Price”) (the “DOC Shares”).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Applied Digital Solutions Inc), Stock Purchase Agreement (Digital Angel Corp)

AutoNDA by SimpleDocs

Securities to be Purchased. On and subject to the terms and -------------------------- conditions set forth herein, on the Closing Date, DOC shall sell to ADSX, and ADSX shall purchase from DOC, all of DOC’s 's right, title and interest in and to an aggregate of $3,500,000 worth of 3,000,000 shares of DOC Common Stock at a purchase price equaling the average of the VWAPs of the DOC Common Stock for the ten Trading Days immediately preceding $2.64 per share (and not including) the Closing Date (“Per Share Purchase "Fixed Price") (the "DOC Shares").. ----------- ----------

Appears in 2 contracts

Samples: Stock Purchase Agreement (Applied Digital Solutions Inc), Stock Purchase Agreement (Applied Digital Solutions Inc)

Securities to be Purchased. On and subject to the terms and conditions set forth herein, on the Closing Date, DOC shall sell to ADSX, and ADSX shall purchase from DOC, all of DOC’s right, title and interest in and to an aggregate of $3,500,000 worth of 3,000,000 shares of DOC Common Stock at a purchase price equaling the average of the VWAPs of the DOC Common Stock for the ten Trading Days immediately preceding (and not including) the Closing Date $2.64 per share (“Per Share Purchase Fixed Price”) (the “DOC Shares”).

Appears in 1 contract

Samples: Stock Purchase Agreement (Digital Angel Corp)

AutoNDA by SimpleDocs

Securities to be Purchased. On and subject to the terms and -------------------------- conditions set forth herein, on the Closing Date, DOC shall sell to ADSX, and ADSX shall purchase from DOC, all of DOC’s 's right, title and interest in and to an aggregate of $3,500,000 worth of shares of DOC Common Stock at a purchase price equaling the average of the VWAPs of the DOC Common Stock for the ten Trading Days immediately preceding (and not including) the Closing Date ("Per Share Purchase Price") (the "DOC Shares").. ------------------------ ----------

Appears in 1 contract

Samples: Stock Purchase Agreement (Applied Digital Solutions Inc)

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