Stock Purchased Sample Clauses

Stock Purchased. Subject to and upon the terms and conditions set forth in this Agreement, Seller will validly sell, transfer, assign and convey to Purchaser, and Purchaser will accept and purchase from Seller, on the Closing Date, the Purchased Stock.
Stock Purchased. Seller agrees to sell to Buyer the Acquired Eleuthera Stock and Buyer agrees to purchase from Seller the Acquired Eleuthera Stock subject to the terms of this Agreement. The Parties agree that the value of the Acquired Eleuthera Stock is $10,000 USD per share for a total of $8,000,000 (800 x $10,000), and the Parties stipulate that the HVS Appraisal dated July 2012 constitutes the agreed upon support for such a valuation.

Related to Stock Purchased

  • Stock Purchase At the Closing (as hereinafter defined), subject to the terms and conditions herein contained, the Seller shall sell, convey, transfer, assign and deliver to the Buyer, and the Buyer shall purchase and acquire, the Shares, together with all rights and interests associated therewith.

  • Stock Purchase Agreement Each Purchaser understands and agrees that the conversion of the Notes into equity securities of the Company will require such Purchaser’s execution of certain agreements relating to the purchase and sale of such securities as well as any rights relating to such equity securities.

  • Reacquired Shares Any shares of Series A Preferred Stock purchased or otherwise acquired by the Corporation in any manner whatsoever shall be retired and canceled promptly after the acquisition thereof. All such shares shall upon their cancellation become authorized but unissued shares of Preferred Stock and may be reissued as part of a new series of Preferred Stock to be created by resolution or resolutions of the Board of Directors, subject to the conditions and restrictions on issuance set forth herein.

  • Conditions to Purchase of Option Securities In the event that the Underwriters exercise their option provided in Section 2(b) hereof to purchase all or any portion of the Option Securities, the representations and warranties of the Company contained herein and the statements in any certificates furnished by the Company and any of its subsidiaries hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representatives shall have received:

  • Acquired Shares Any Shares or other voting securities of the Bank with respect to which beneficial ownership is acquired by Shareholder or its affiliates, including, without limitation, by purchase, as a result of a stock dividend, stock split, recapitalization, combination, reclassification, exchange or change of such Shares or upon exercise or conversion of any securities of the Bank, if any, after the date hereof shall automatically become subject to the terms of this Agreement.