Common use of Standby Purchase Commitment Clause in Contracts

Standby Purchase Commitment. (a) Subject to the terms and conditions of this Agreement, the Standby Purchaser hereby agrees to purchase the Securities from the Company, and the Company hereby agrees to sell the Securities to the Standby Purchaser, at the Subscription Price.

Appears in 4 contracts

Samples: Purchase Agreement, Purchase Agreement (Central Federal Corp), Purchase Agreement (Central Federal Corp)

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Standby Purchase Commitment. (a) Subject to the terms and conditions of this Agreement, the The Standby Purchaser Purchasers hereby agrees agree to purchase the Securities from the Company, and the Company hereby agrees to sell the Securities to the Standby PurchaserPurchasers, at the Subscription Price, all of the New Shares that will be available for purchase by the Standby Purchasers pursuant to their Basic Subscription Privilege.

Appears in 3 contracts

Samples: Standby Purchase Agreement (Patrick Industries Inc), Standby Purchase Agreement (Tontine Capital Partners L P), Standby Purchase Agreement (Patrick Industries Inc)

Standby Purchase Commitment. (a) Subject to the terms and conditions of this Agreement, the The Standby Purchaser hereby agrees to purchase the Securities from the Company, and the Company hereby agrees to sell the Securities to the Standby Purchaser, at the Subscription Price.

Appears in 2 contracts

Samples: Standby Purchase Agreement (Short Vincent Partners II LP), Standby Purchase Agreement (PVF Capital Corp)

Standby Purchase Commitment. (a) Subject to the terms and conditions of this Agreement, the The Standby Purchaser hereby agrees to purchase the Securities from the Company, and the Company hereby agrees to sell the Securities to the Standby Purchaser, at the Subscription Price, shares of Common Stock in the Committed Offering, if and only to the extent that such shares of Common Stock are available after the exercise of the Basic Subscription Privilege and the Over-Subscription Privilege.

Appears in 1 contract

Samples: Form of Standby Purchase Agreement (Teamstaff Inc)

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Standby Purchase Commitment. (a) Subject to the terms and conditions of this Agreement, the The Standby Purchaser hereby agrees to purchase the Securities from the Company, and the Company hereby agrees to sell the Securities to the Standby Purchaser, at the Subscription Price, shares of Common Stock in the Standby Offering, if and only to the extent that such shares of Common Stock are available after the exercise of the Basic Subscription Privilege.

Appears in 1 contract

Samples: Standby Purchase Agreement (Legend International Holdings Inc)

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