Common use of Standby Purchase Commitment Clause in Contracts

Standby Purchase Commitment. If and to the extent Unsubscribed Shares are not purchased by the Company’s stockholders pursuant to the exercise their Basic Subscription Privilege in connection with the Equity Offering, the Standby Purchaser hereby irrevocably agrees to purchase from the Company at the Purchase Price the Unsubscribed Shares, up to the full amount of shares of Common Stock offered by the Company in the Equity Offering (the “Unsubscribed Commitment Amount”).

Appears in 2 contracts

Samples: Standby Purchase Agreement (AmBase Corp), Standby Purchase Agreement (Barc Investments LLC)

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Standby Purchase Commitment. If and to the extent Unsubscribed Shares are not purchased by holders of the Company’s stockholders Eligible Securities pursuant to the exercise their Basic of Subscription Privilege Rights in connection with the Equity Rights Offering, the Standby Purchaser hereby irrevocably agrees to purchase from the Company and pay for and the Company agrees to issue, deliver and sell to the Standby Purchaser at the Purchase Subscription Price the all such Unsubscribed Shares, up to the full amount of shares of Class A Common Stock offered by the Company in the Equity Rights Offering (the “Unsubscribed Commitment Amount”).

Appears in 1 contract

Samples: Standby Purchase Agreement (DISH Network CORP)

Standby Purchase Commitment. If and to the extent Unsubscribed Shares are not purchased by the Company’s stockholders pursuant to the exercise their of Rights (including both the Basic Subscription Privilege and the Over-Subscription Privilege) in connection with the Equity Rights Offering, the Standby Purchaser hereby irrevocably agrees to purchase from the Company at the Purchase Subscription Price the all such Unsubscribed Shares, up to the full amount of shares of Common Stock offered by the Company in the Equity Rights Offering (the “Unsubscribed Commitment Amount”).. Exhibit C

Appears in 1 contract

Samples: Stock Purchase Agreement (Famous Daves of America Inc)

Standby Purchase Commitment. If and to the extent Unsubscribed Shares that are not purchased by offered to the Company’s stockholders pursuant to holders of Common Stock and Eligible Warrants are not subscribed for in the exercise their Basic Subscription Privilege in connection with the Equity Rights Offering, the Standby Purchaser hereby irrevocably agrees to purchase from the Company Company, or to cause its controlled Affiliates to purchase from the Company, all such Unsubscribed Shares at the Purchase Standby Price the Unsubscribed Shares, up to the full amount of shares of Common Stock offered by the Company in the Equity Offering (the “Unsubscribed Commitment Amount”).

Appears in 1 contract

Samples: Standby Purchase Agreement (Interpace Biosciences, Inc.)

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Standby Purchase Commitment. If and to the extent Unsubscribed Shares are not purchased by the Company’s stockholders pursuant to the exercise their of Rights (including both the Basic Subscription Privilege and the Over-Subscription Privilege) in connection with the Equity Rights Offering, the Standby Purchaser hereby irrevocably agrees to purchase from the Company at the Purchase Subscription Price the all such Unsubscribed Shares, up to the full amount of shares of Common Stock offered by the Company in the Equity Rights Offering (the “Unsubscribed Commitment Amount”).

Appears in 1 contract

Samples: Form of Standby Purchase Agreement (Famous Daves of America Inc)

Standby Purchase Commitment. If and to the extent Unsubscribed Shares are not purchased by the Company’s stockholders in the Rights Offering pursuant to the exercise their of Rights under the Basic Subscription Privilege in connection with or pursuant to the Equity OfferingOver-Subscription Privilege, then the Standby Purchaser hereby irrevocably agrees to purchase from the Company (the “Commitment”), and the Company hereby agrees to sell to the Standby Purchaser, at the Purchase Price the Unsubscribed SharesSubscription Price, up to the full amount that number of shares of Common Stock offered by set forth on the Company in the Equity Offering signature page hereto (the “Unsubscribed Commitment AmountShares”).

Appears in 1 contract

Samples: Purchase Agreement (First United Corp/Md/)

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