Examples of Purchased Company Shares in a sentence
In addition, a Technical Task Team (TTT) was established which includes functional officials in each of these ministries to become the technical level committee to execute the mandate of the IMC.
Each Party shall on the Initial Closing Date and from time to time thereafter, at the other Party’s reasonable request and without further consideration, execute and deliver to the other Party such instruments of transfer, conveyance and assignment as shall be reasonably requested to transfer, convey and assign the Initial Purchased Company Shares to the Purchaser and otherwise to effect the transactions contemplated by this Agreement and the terms and conditions herein.
Subject to the terms and conditions of this Agreement, at each Subsequent Closing, the Seller will sell, transfer and deliver to the Purchaser, and the Purchaser will purchase and acquire from the Seller, all of the Subsequently Purchased Company Shares, as applicable, free and clear of all Liens.
The aggregate consideration paid for the Company Shares by the Purchaser at Initial Closing for the Initial Purchased Company Shares shall be (collectively, the “Purchase Price”): 3.1 6,100,000 shares of Series D Preferred Stock (the “Initial Purchaser Shares”)(which the Parties agree is the consideration payable for 315,588 of the Company Shares, representing 17% of the currently outstanding Company Shares)(the “Closing Shares”).
Each Party shall on each Subsequent Closing Date, and from time to time thereafter, at the other Party’s reasonable request and without further consideration, execute and deliver to the other Party such instruments of transfer, conveyance and assignment as shall be reasonably requested to transfer, convey and assign the Subsequently Purchased Company Shares, as applicable, to the Purchaser and otherwise to effect the transactions contemplated by this Agreement and the terms and conditions herein.