Authorization of Sale of the Shares Sample Clauses

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to 7,700,000 shares (the "Shares") of common stock, par value $0.001 per share (the "Common Stock"), of the Company.
AutoNDA by SimpleDocs
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to three million five hundred thousand (3,500,000) shares of Common Stock of the Company (the "Shares") at a sales price of $1.50 per Share.
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has or before the Closing (as defined below) will have authorized the sale and issuance of forty thousand (40,000) shares of its Common Stock, par value $0.001 per share (the "Common Stock").
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to 10,100,000 shares of the Company's common stock (the "Shares"), par value $.001 per share (the "Common Stock"). The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a sufficient number of its authorized but unissued shares of its Common Stock to cover the Shares which may be issued pursuant to the terms of this Agreement.
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of the Shares.
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale to the Purchaser of the number of common shares, no par value, of the Company (the “Shares”), set forth on the signature page hereof.
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Trust has authorized the issuance to UBS Limited of up to an aggregate of 2,500,000 shares of beneficial interest, $.01 par value per share, of the Trust (the "Trust Shares") and the Corporation has authorized the issuance to UBS of up to an aggregate of 2,500,000 shares of Common Stock, par value $0.01 per share (the "Corporation Shares"), which Trust Shares and Corporation Shares are paired and traded as a unit consisting of one (1) Trust Share and one (1) Corporation Share (hereinafter each such paired unit is referred to as a "Paired Share" and the Paired Shares referred to in this sentence are herein called the "Purchase Shares"). In addition, the Trust and the Corporation may issue to UBS-LB additional Paired Shares in settlement of certain of its obligations under the Forward Stock Purchase Agreement, dated October 15, 1997 (the "Forward Stock Purchase Agreement"), among the Trust, the Corporation and UBS-LB (the "Additional Shares"). The Purchase Shares and the Additional Shares are hereinafter collectively called the "Shares".
AutoNDA by SimpleDocs
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of 500,000 shares (the "Shares") of common stock, no par value (the "Common Stock"), of the Company.
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to __________ shares (the "Shares") of common stock, par value $0.01 per share (the "Common Stock"), of the Company.
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of its ordinary shares, par value NIS 0.01 per share, of the Company (“Ordinary Shares” and the “Shares”), at the Price Per Share (as defined below), representing an aggregate purchase price for all the Shares of US$400,000.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!