Stock Purchases. On the basis of the representations, warranties, covenants and agreements and subject to the satisfaction or waiver of the conditions set forth herein, Seller agrees to sell to Purchaser, and Purchaser agrees to purchase from Seller (a) 1,089,863 of the Common Shares, for an aggregate purchase price of $2,299,610.93 (the "Common Purchase Price"), and (b) 97,676 of the Preferred Shares, for an aggregate purchase price of $1,500,000 (the "Preferred Purchase Price").
Stock Purchases. Engage in any [Stock Purchases] described in, or pursuant to, clause (iv) of Section 7.2.5.
Stock Purchases. At the First Closing, 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 First Closing Shares, together with all rights and interests associated therewith. At the Second Closing, 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 Second Closing Shares, together with all rights and interests associated therewith.
Stock Purchases. The Company hereby grants to the Consultant the right to purchase shares of Company common stock upon the following terms and conditions.
(a) Upon the execution of this Agreement, the Company grants to the Consultant a three year warrant to purchase 250,000 shares of Company common stock, at a purchase price equal to 102% of the average the 10 day VWAP of the closing price of Company common stock as at the date of this Agreement (the “Exercise Price”); and
(b) In the event that the Consultant introduces the Company to a third party who commits to provide the Company with financing of not less than $5,000,000, the Consultant shall be granted a warrant to purchase 1,500,000 shares of Company common stock, at a purchase price equal to 102% of the average the 10 day VWAP of the closing price of Company common stock as at the date of this Agreement (the “Exercise Price”).
Stock Purchases. The Company will not purchase, redeem or otherwise acquire any shares of its capital stock except that the Company may purchase (a) up to $20,000,000 of its capital stock in any fiscal year, (b) its capital stock in connection with its employee 401(k) retirement plan, and (c) its capital stock sold in connection with a cashless exercise of stock options granted under the Company's equity participation plan.
Stock Purchases. Employee agrees that neither he, nor any of his affiliates, will, either directly or indirectly including through any immediate family member or any family trusts, purchase any shares of the Company’s common stock either from the Company or in secondary market transactions.
Stock Purchases. Twice per fiscal year, during the seven (7) day period beginning on the date the Company releases earnings for each of the first and third quarters of each fiscal year of the Company, Consultant shall have the right, but not the obligation, to purchase from the Company shares of Common Stock, no par value, of the Company (“Common Stock”); provided, that, the aggregate fair market value of the shares of Common Stock (determined as of the date(s) of purchase) purchased by Consultant in any one fiscal year of the Company pursuant to this Section 3(b)(i) shall not exceed $2,000,000. The purchase price of per share of Common Stock purchased pursuant to this Section 3(b)(i) shall be equal to the fair market value (determined in accordance with the 2007 Stock Incentive Plan for Key Employees of Energy Future Holdings Corp. and its Affiliates, as amended from time to time (the “Plan”)) (“Fair Market Value”) on the date of purchase. Any shares purchased by the Consultant pursuant to this Section 3(b)(i) shall be promptly evidenced by book entry on the Company’s stock record and no stock certificates will be issued to Consultant.
Stock Purchases. On the date of the Stock Purchase Closing Date, subject to the conditions of this Agreement, Spectra hereby agrees to sell, assign, transfer and set over unto Xxxxxxx Delaware all of the issued and outstanding shares of capital stock of each of Spectra UK and Spectra Australia and to Xxxxxxx all of the issued and outstanding capital stock of Spectra US (collectively, the "SUBSIDIARY PURCHASE SHARES") in exchange for $1, $500,000 and $3,499,999, respectively (each individually a "SUBSIDIARY PURCHASE PRICE," and collectively, the "AGGREGATE SUBSIDIARY PURCHASE PRICE"). Such Aggregate Subsidiary Purchase Price shall be paid by Xxxxxxx and Xxxxxxx Delaware, as applicable, to Spectra on the Stock Purchase Closing Date at the Stock Purchase Closing by wire transfer of immediately available funds as set forth in Section 2.12 and in accordance with the terms and conditions of this Agreement.
Stock Purchases. The exceptions set forth in clauses (i) and (ii) of Section 5.25 of the Credit Agreement, relative to purchases of Capital Stock (and including the execution of Equity Forward Contracts), are hereby eliminated, effective as of the Amendment Date, such that the actions described in such exceptions shall no longer be permitted, on a prospective basis.
Stock Purchases. Directly or indirectly redeem, purchase or make, or permit any of its Subsidiaries to redeem, purchase or make, any payments (including, without limitation, cash payments for Put Securities, as defined in the Stockholders Agreement, pursuant to Section 2.02(c) thereof) with respect to any Capital Stock Interests of the Borrower, the Company or any of its Subsidiaries, equity appreciation rights, phantom equity plans or similar rights or plans of the Borrower, the Company or any of its Subsidiaries;
