Standby Purchase Commitment. If and to the extent there are Unsubscribed Shares following the expiration of the Rights Offering, the Standby Purchaser hereby agrees to purchase from the Company all of the Unsubscribed Shares at the Subscription Price (the “Commitment Amount”), subject to each party’s right to terminate this Agreement in accordance with Section 1(d) of this Agreement.
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Samples: Standby Purchase Agreement (SWK Holdings Corp), Standby Purchase Agreement (SWK Holdings Corp)
Standby Purchase Commitment. If and to the extent there are Unsubscribed Shares following the expiration of the Rights Offering, the Standby Purchaser hereby agrees to purchase from the Company all shares of the Unsubscribed Shares Common Stock at the Subscription Price for a total up to the dollar amount indicated on the signature page hereto (the “Commitment Amount”), subject to each party’s right to terminate this Agreement reduction in accordance with Section 1(d) of this Agreement and the Company’s right to withdraw or terminate the Rights Offering or the Standby Offering in accordance with Section 1(g) of this Agreement.
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