Subscription and Issuance of Shares Sample Clauses

Subscription and Issuance of Shares. Subscriber hereby agrees to subscribe for, and the Company hereby agrees to issue to Subscriber as of the date hereof, the total number of 10,000 New Shares with par value of US$1.00 per share at the total purchase price of US$ 10 million (the “Subscription Price”).
Sample 1
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Subscription and Issuance of Shares. Upon the terms and subject to the conditions of this Agreement, at the Closing, Purchaser will subscribe for and purchase and Company will issue to Purchaser (the “SoftBank Investment”), (a) a number of Common Shares such that Purchaser shall own 39.9% of the outstanding voting Common Shares immediately following the Closing and the Merger Closing (which 39.9% of outstanding voting Common Shares, the Parties acknowledge and agree, shall be calculated without reference to any Common Shares that are held by Company or any Company Subsidiary), rounded down to the nearest whole Common Share (the “Purchased Common Shares”), for an aggregate subscription price (the “Common Share Subscription Price”) equal to (i) the number of Purchased Common Shares, multiplied by (ii) US$5.00 and (b) a number of Series B Preferred Shares equal to (i) (x) the Aggregate Subscription Price, less (y) the Common Share Subscription Price, less (z) the Assignee Subscription Price (if any), divided by (ii) US$5.00, rounded down to the nearest whole share (the “Purchased Preferred Shares” and, together with the Purchased Common Shares, the “Purchased Shares”) for an aggregate subscription price (the “Preferred Share Subscription Price”) equal to (A) the number of Purchased Preferred Shares, multiplied by (B) US$5.00, such amount to be paid in full, in cash, to Company at the Closing. The “Aggregate Subscription Price” means a cash amount in immediately available funds equal to US$1,730,000,000.00.
Sample 1
Subscription and Issuance of Shares. (a) Subject to the terms and conditions of this Agreement, at the First Closing, the Company agrees to issue and sell to the Investor, and the Investor agrees to purchase from the Company, 7,445,585 BJBC Shares (the “First Closing Shares”) for US$20,000,000 (the “First Closing Price”).
Sample 1
Subscription and Issuance of Shares. At the Closing (as defined below), and subject to and upon the terms and conditions of this Agreement, Superway shall subscribe from BJBC, and BJBC shall issue to Superway, the Superway Shares. As consideration for this subscription, Arbo and all other Parties agree that Prosperity’s obligation to pay the Consideration for Subject Interest under the Onshore Equity Transfer Agreement is satisfied and discharged in full upon the issuance of the Superway Shares.
Sample 1
Subscription and Issuance of Shares. 2.1 (a) Subject to the terms and conditions of this Agreement, the Company agrees to allot, issue and sell to the Investors, and the Investors agree to purchase and subscribe, severally and not jointly, from the Company, up to an aggregate of 12,682,863 Series B-3 Preferred Shares (the “Series B-3 Subscribed Shares”) at the price of US$0.39423274 per Series B-3 Subscribed Share at the First Closing (as defined below), and as more particularly set forth below: Investor Series B-3 Subscribed Shares Consideration (Cash) Matrix 2,536,573 US$ 1,000,000 Sub-allocated as follows: Matrix Partners China I, L.P. 2,303,208 US$ 908,000 Matrix Partners China I-A, L.P. 233,365 US$ 92,000 Sequoia 1,268,286 US$ 500,000 Sub-allocated as follows: Sequoia Capital China I, L.P. 998,902 393,800 Sequoia Capital China Partners Fund I, L.P. 114,780 45,250 Sequoia Capital China Principals Fund I, L.P. 154,604 60,950 SIG 1,268,286 US$ 500,000 Zero2IPO 760,972 US$ 300,000 Wayford 1,775,600 US$ 700,000 Blooming 5,073,146 US$ 2,000,000 Total 12,682,863 US$ 5,000,000
Sample 1
Subscription and Issuance of Shares. Subject to the terms and conditions of this Agreement, at the Closing (as defined below), each Investor, severally and not jointly, agrees to subscribe for and purchase, and the Company agrees to issue and sell to such Investor, that number of Series D Preferred Shares set forth opposite such Investor’s name on Schedule I attached hereto (the “Shares”), with each Investor to pay as consideration for such Shares the aggregate purchase price set forth opposite such Investor’s name on Schedule I attached hereto (the “Purchase Price”). The capitalization table of the Company immediately before and after the Closing is attached as Schedule VII hereto.
Sample 1
Subscription and Issuance of Shares. Upon the terms and subject to the conditions contained herein, on the Closing Date, the Company shall issue and sell to PAS, and PAS shall subscribe from the Company, the PAS Acquired Shares.
Sample 1
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Subscription and Issuance of Shares 
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Related to Subscription and Issuance of Shares

  • Subscription and Purchase of Shares For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,125,000 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.

  • AUTHORIZATION AND ISSUANCE OF SHARES 1. The Customer shall deliver to the Bank the following documents on or before the effective date of any increase, decrease or other change in the total number of Shares authorized to be issued:

  • SALE AND ISSUANCE OF SHARES Subject to the terms and conditions of this Agreement, the Trustees agree to sell to the Purchaser, and the Purchaser agrees to purchase from the Trustees 8,028 common shares of beneficial interest, par value $0.001, representing undivided beneficial interests in the Trust (the "Shares") at a price per Share of $14.325 for an aggregate purchase price of $115,001.

  • Valid Issuance of Shares The Shares being purchased by the Shareholders hereunder, when issued, sold and delivered in accordance with the terms of this Agreement for the consideration expressed herein, will be duly and validly issued, fully paid and nonassessable, and will be free of restrictions on transfer other than restrictions on transfer under this Agreement and under applicable law.

  • Issuance of Shares The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

  • Subscription of Shares For the sum of U.S.$25,000, which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

  • Issuance of Share Certificates Subject to the last sentence of this Section 8, upon receipt by the Company prior to expiration of the Option of a duly completed Notice of Exercise of Option accompanied by payment for the Shares being purchased pursuant to such Notice (and, with respect to any Option exercised pursuant to Section 9 hereof by someone other than the Optionee, accompanied in addition by proof satisfactory to the Committee of the right of such person to exercise the Option), the Company shall deliver to the Optionee, within thirty (30) days of such receipt, a certificate for the number of Shares so purchased. The Optionee shall not have any of the rights of a stockholder with respect to the Shares which are subject to the Option unless and until a certificate representing such Shares is issued to the Optionee. The Company shall not be required to issue any certificates for Shares upon the exercise of the Option prior to (i) obtaining any Consents which the Committee shall, in its sole discretion, determine to be necessary or advisable, or (ii) the determination by the Committee, in its sole discretion, that no Consents need be obtained.

  • Issuance and Repurchase of Shares The Trustees shall have the power to issue, sell, repurchase, redeem, retire, cancel, acquire, hold, resell, reissue, dispose of, transfer, and otherwise deal in, Shares, including Shares in fractional denominations, and, subject to the more detailed provisions set forth in Articles VIII and IX, to apply to any such repurchase, redemption, retirement, cancellation or acquisition of Shares any funds or property whether capital or surplus or otherwise, to the full extent now or hereafter permitted corporations formed under the Delaware General Corporation Law.

  • Valid Issuance of Share Capital The total number of all classes of share capital which the Company has authority to issue is 50,000,000 Ordinary Shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares (of which up to 375,000 ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.

  • Conditions Upon Issuance of Shares Notwithstanding any other provision of the Plan or any agreement entered into by the Company pursuant to the Plan, the Company shall not be obligated, and shall have no liability for failure, to issue or deliver any Shares under the Plan unless such issuance or delivery would comply with Applicable Law, with such compliance determined by the Company in consultation with its legal counsel.

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