Terms of Purchase Offer Sample Clauses

Terms of Purchase Offer. ‌ Any Purchase Offer is subject to the following criteria:
Sample 1
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Terms of Purchase Offer. The Token Holders hereby irrevocably, subject only to the condition precedent that the Purchase Offer is accepted by at least 70% of the Token Holders as per Section 4.1, accept and enter into a sales agreement with the Acquirer with the above terms. The Issuer and/or Ordinary Shareholders holding more than 70% of all Shares, have the right, but no obligation, to instruct the Oracle (and the Oracle shall follow such instruction) to cast sufficient ‘no’ votes if the purchase price per Share Token is not in reasonable proportion to the fair market value of the Shares. The fair market value shall be determined based on the current price of the Share Token in the Open Trading, as of the date of the Purchase Offer. If no market price is available anymore because the trading in the Open Trading has been halted, the Issuer, in its reasonable discretion, determines the price either based on (i) the last price in the Open Trading, or (ii) valuation methods customary for a company of the size and state as the Issuer. The fair market value as determined by the Issuer shall be final and binding on the parties. The Token Holders acknowledge and agree that any Purchase Offer that is executed in accordance with this Common SHA is legally binding, regardless of whether the purchase price reflects fair market value, and that neither the Issuer nor the Ordinary Shareholders shall have any obligation or liability to the Token Holders in connection with a Purchase Offer.
Sample 1

Related to Terms of Purchase Offer

  • Acceptance of Purchase Order Contractor’s acceptance of CCI’s Purchase Order shall be accomplished by the earlier of execution of the Purchase Order or commencement of Services or shipment of any Product specified in the Purchase Order.

  • Sale and Purchase Upon the basis of the representations and warranties and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the respective Underwriters and each of the Underwriters, severally and not jointly, agrees to purchase from the Company the number of Firm Shares set forth opposite the name of such Underwriter in Schedule A attached hereto, subject to adjustment in accordance with Section 8 hereof, in each case at a purchase price of $ per Share. The Company is advised by you that the Underwriters intend (i) to make a public offering of their respective portions of the Firm Shares as soon after the effectiveness of this Agreement as in your judgment is advisable and (ii) initially to offer the Firm Shares upon the terms set forth in the Pre-Pricing Prospectus. You may from time to time increase or decrease the public offering price after the initial public offering to such extent as you may determine. In addition, the Company hereby grants to the several Underwriters the option (the “Over-Allotment Option”) to purchase, and upon the basis of the representations and warranties and subject to the terms and conditions herein set forth, the Underwriters shall have the right to purchase, severally and not jointly, from the Company, ratably in accordance with the number of Firm Shares to be purchased by each of them, all or a portion of the Additional Shares as may be necessary to cover over-allotments made in connection with the offering of the Firm Shares, at the same purchase price per share to be paid by the Underwriters to the Company for the Firm Shares. The Over-Allotment Option may be exercised by [INSERT NAME OF LEAD UNDERWRITER] on behalf of the several Underwriters at any time and from time to time on or before the thirtieth day following the date of the Prospectus Supplement hereof, by written notice to the Company. Such notice shall set forth the aggregate number of Additional Shares as to which the Over-Allotment Option is being exercised and the date and time when the Additional Shares are to be delivered (any such date and time being herein referred to as an “additional time of purchase”); provided, however, that no additional time of purchase shall be earlier than the “time of purchase” (as defined below) nor earlier than the second business day after the date on which the Over-Allotment Option shall have been exercised nor later than the tenth business day after the date on which the Over-Allotment Option shall have been exercised. The number of Additional Shares to be sold to each Underwriter shall be the number which bears the same proportion to the aggregate number of Additional Shares being purchased as the number of Firm Shares set forth opposite the name of such Underwriter on Schedule A hereto bears to the total number of Firm Shares (subject, in each case, to such adjustment as [INSERT NAME OF LEAD UNDERWRITER] may determine to eliminate fractional shares), subject to adjustment in accordance with Section 8 hereof.

  • Agreement of Purchase and Sale Subject to the terms and conditions hereinafter set forth, Seller agrees to sell and convey and Purchaser agrees to purchase the following:

  • Re-Purchase of Note If we decide that you provided us with inaccurate information or have otherwise violated your obligations, or if required by any applicable law or regulation related to terrorism, money laundering, and similar activities, we may (but shall not be required to) repurchase your Note for an amount equal to the principal amount outstanding.

  • Payment of Purchase Price The Purchase Price shall be paid as follows:

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