Examples of Closing Purchase Amount in a sentence
The table below includes the amount of such participation for each such purchaser:Director or Affiliate Aggregate Shares of Series Seed Stock Initial Closing Purchase Amount Subsequent Closings Purchase Amount Conversion of Outstanding Convertible Promissory Note Total Purchase Price MDO Ventures JS LLC(1) 90,384 $150,000 $50,000 $208,044.44 $408,044.44 Nancy Luberoff(2) 28,691 $30,000 $30,000 $68,037.78 $128,047.78 (1) MDO Ventures JS LLC is an affiliate of Mr. Olander, a member of our Board.(2) Mrs.
At the Closing, the Company shall deliver or cause to be delivered to the Standby Purchaser (or its designee) one or more certificates (or evidence of book-entry records) representing the Standby Shares, and the Standby Purchaser shall deliver (or cause to be delivered) to the Company, by wire transfer, the Closing Purchase Amount.
Title: President and Chief Executive Officer By: /s/ Xxxxx Xxxxxxx Name: Xxxxx Xxxxxxx Title: CEO By: /s/ Torbjӧrn Xxxxxxxx Name: Torbjӧrn Xxxxxxxx Title: General Counsel Name Swedish Orphan Biovitrum AB (publ) Address Xxxxxxxxxxxxxx 00X, XX-000 00 Xxxxxxxxx, Xxxxxx Numbers of Shares to be Purchased* 5,416,390 Closing Purchase Amount $25,000,000 USD * Subject to appropriate adjustment in the event of a stock dividend, stock split, combination or other similar recapitalization affecting the Common Stock.
The sum of the First Closing Purchase Amount and the Second Closing Purchase Amount is hereinafter referred to as the “Purchase Amount”.
On and subject to the terms and conditions of this Agreement, at the Closing, Buyer shall purchase from Seller the Company Stock, and Seller shall sell, assign, convey and transfer the Company Stock to Buyer, free and clear of any Liens (other than general restrictions under federal and state securities laws relating to the transfer of securities), in exchange for (i) cash in an amount equal to the Closing Purchase Amount and (ii) the Promissory Note in the original principal amount of $1,000,000.
The Closing Purchase Amount is an amount equal to (i) One Hundred Two Million Five Hundred Thousand Dollars ($102,500,000.00).
Within ten (10) days following achievement of the Second Closing Milestone, the Company shall provide the Investors with written notice thereof (the “Second Closing Milestone Notice”), which notice shall also indicate the Second Closing Date and, with respect to each Investor, the number of Shares and Common Warrants that such Investor is obligated to purchase at the Second Closing and the Second Closing Purchase Amount for such Investor in accordance with the terms of this Agreement.
Buyer will purchase the Acquired Assets for the purchase price equal to the Closing Purchase Amount described in Section 2.4(b) hereof, adjusted pursuant to Section 2.5 (the “Purchase Price”).
Promptly, but in no event more than two (2) Business Days following the expiration of the Rights Offering, the Company will determine the number of Standby Shares and notify each Standby Purchaser in writing of the number of Standby Shares and the aggregate purchase price for such shares, determined as provided herein (the “Closing Purchase Amount”), as well as each Standby Purchaser’s Pro Rata Portion of the Standby Shares and Closing Purchase Amount.
Seller and Buyer shall subsequently determine the Final Working Capital of Seller pursuant to Section 1.5(c), and the Closing Purchase Amount shall be (1) increased by the amount by which the Final Working Capital exceeds the Closing Working Capital, or (2) decreased by an amount by which the Closing Working Capital exceeds the Final Working Capital.