Common use of Purchase and Sale of Stock Clause in Contracts

Purchase and Sale of Stock. 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 twenty-five million dollars ($25,000,000) of the Company's Common Stock (the "Commitment Amount"), $0.001 par value per share (the "Common Stock"), and the Warrants, based on Draw Downs of up to six million dollars ($6,000,000.00) per Draw Down.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Calypte Biomedical Corp), Stock Purchase Agreement (Calypte Biomedical Corp), Stock Purchase Agreement (Calypte Biomedical Corp)

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Purchase and Sale of Stock. 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 twenty-five million dollars Twenty Million Dollars ($25,000,00020,000,000) of the Company's Common Stock (the "Commitment Amount")Stock, $0.001 0.01 par value per share (the "Common Stock"), and the Warrants, based on up to twelve (12) Draw Downs of up to six million dollars Seven Million Dollars ($6,000,000.007,000,000) per Draw Down.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Aquis Communications Group Inc), Common Stock Purchase Agreement (Aquis Communications Group Inc), Common Stock Purchase Agreement (Aquis Communications Group Inc)

Purchase and Sale of Stock. 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 twenty-five million dollars ($25,000,0005,000,000) of the Company's Common Stock (the "Commitment Amount"), $0.001 par value per share (the "Common Stock"), and the Warrants, based on Draw Downs of up to six million dollars Five Million Dollars ($6,000,000.005,000,000.00) per Draw Down.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Famous Fixins Inc), Common Stock Purchase Agreement (Famous Fixins Inc)

Purchase and Sale of Stock. 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 twentyTwenty-five million dollars Four Million Dollars ($25,000,00024,000,000) of the Company's Common Stock (the "Commitment Amount")Stock, $0.001 0.03 par value per share (the "Common Stock"), and the Warrants, based on up to twelve (12) Draw Downs of up to six million dollars Two Million Dollars ($6,000,000.002,000,000) per Draw Down.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (McGlen Internet Group Inc), Common Stock Purchase Agreement (McGlen Internet Group Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may sell and issue and sell to the Purchaser and the Purchaser shall be obligated to purchase from the Company up to twenty-five million dollars (an aggregate purchase price of $25,000,000) 5,000,000 of the Company's Common Stock (the "Commitment Amount"), $0.001 .001 par value per share (the "Common Stock"), and the Warrants, ) based on Draw Downs of up to six million dollars ($6,000,000.00) per Draw Downthe Puts.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Pro Net Link Corp), Common Stock Purchase Agreement (Pro Net Link Corp)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to twenty-five million dollars ($25,000,000) 48,000,000 of the Company's Common Stock (the "Commitment Amount")common stock, $0.001 .001 par value per share (the "Common Stock"), and the Warrants, based on up to Draw Downs of up to six million dollars ($6,000,000.00) 4,000,000 per Draw Down. In no event shall the amount of Common Stock purchased by the Purchaser exceed $4,000,000 per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Aviron)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may sell and issue and sell to the Purchaser and the Purchaser shall be obligated to purchase from the Company up to twenty-five an aggregate purchase price of fifty million dollars ($25,000,00050,000,000) of the Company's Common Stock (the "Commitment Amount"), $0.001 par value per share (the "Common Stock"), and the WarrantsWarrant, based on Draw Downs of up to six one million five hundred thousand dollars ($6,000,000.001,500,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (World Wide Wireless Communications Inc)

Purchase and Sale of Stock. 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 twenty-five million dollars (Ten Million Dollars $25,000,000) 10,000,000 of the Company's Common Stock (the "Commitment Amount")Stock, $0.001 0.015 par value per share (the "Common Stock"), and the Warrants, based on up 12 Draw Downs of up to six million dollars Five Million Dollars ($6,000,000.005,000,000) per Draw Down.

Appears in 1 contract

Samples: Escrow Agreement (First Priority Group Inc)

Purchase and Sale of Stock. 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 twenty-five million dollars Fifty Million Dollars ($25,000,00050,000,000) of the Company's Common Stock (the "Commitment Amount")Stock, $0.001 0.01 par value per share (the "Common Stock"), and the Warrants, based on up to twelve (12) Draw Downs of up to six million dollars Four Million Dollars ($6,000,000.004,000,000), subject to adjustment pursuant to Section 6.1(c) herein, per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Nhancement Technologies Inc)

Purchase and Sale of Stock. 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 twenty-five million dollars Fifty Million Dollars ($25,000,00050,000,000)(the "Commitment Amount") of the Company's Common Stock (the "Commitment Amount")Stock, $0.001 par value per share (the "Common Stock"), ) and the Warrants, based on up to eighteen (18) Draw Downs of up to six million dollars Five Million Dollars ($6,000,000.005,000,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Generex Biotechnology Corp)

Purchase and Sale of Stock. 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 twenty-five million dollars Forty Million Dollars ($25,000,00040,000,000) of the Company's Common Stock (the "Commitment Amount")Stock, $0.001 0.01 par value per share (the "Common Stock"), and the Warrants, based on up to twelve (12) Draw Downs of up to six million dollars Four Million Dollars ($6,000,000.004,000,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Mortgage Com Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company in its sole discretion may issue and sell to the Purchaser and the Purchaser when requested by the Company shall purchase from the Company up to twenty-five million dollars Thirteen Million Five Hundred Thousand Dollars $13,500,000 ($25,000,000the "Commitment Amount") of the Company's Common Stock (the "Commitment Amount")Stock, $0.001 0.01 par value per share (the "Common Stock"), and the Warrants, based on up to 18 Draw Downs of up to six million dollars (Seven Hundred Fifty Thousand Dollars $6,000,000.00) 750,000 per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Ameriquest Technologies Inc)

Purchase and Sale of Stock. 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 twenty-five one million dollars ($25,000,0001,000,000) shares of the Company's Class A Common Stock (the "Commitment Amount"), $0.001 0.0001 par value per share (the "Common Stock"), ) and the Warrants, based on Draw Downs of up to six million dollars One Million Five Hundred Thousand Dollars ($6,000,000.001,500,000) per Draw DownDown (as defined below).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Cavion Technologies Inc)

Purchase and Sale of Stock. 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 twenty-five million dollars One Hundred Million Dollars ($25,000,000100,000,000) of the Company's Common Stock (the "Commitment Amount")Stock, $0.001 par value per share (the "Common Stock"), and the Warrants, based on up to eighteen (18) Draw Downs of up to six million dollars Ten Million Dollars ($6,000,000.0010,000,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Dauphin Technology Inc)

Purchase and Sale of Stock. 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 twentyForty-five million dollars Eight Million Dollars ($25,000,00048,000,000) of the Company's Common Stock (the "Commitment Amount"), $0.001 par value per share (the "Common Stock"), ) and the Warrants, based on Draw Downs of up to six million dollars Three Million Dollars ($6,000,000.003,000,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (A B Watley Group Inc)

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Purchase and Sale of Stock. 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 twenty-five million dollars ($25,000,000) 4,000,000 shares of the Company's Common Stock (the "Commitment Amount"), $0.001 par value per share (the "Common Stock"), and the Warrants, based on Draw Downs of up to six million dollars One Million Dollars ($6,000,000.001,000,000.00) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Bionutrics Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may sell and issue and sell to the Purchaser and the Purchaser shall be obligated to purchase from the Company up to twenty-five an aggregate purchase price of thirty million dollars ($25,000,00030,000,000) of the Company's Common Stock (the "Commitment Amount"), $0.001 par value per share (the "Common Stock"), and the WarrantsWarrant, based on Draw Downs of up to six two million dollars ($6,000,000.002,000,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Surgilight Inc)

Purchase and Sale of Stock. 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 twenty-five million dollars Fifteen Million Dollars ($25,000,00015,000,000) of the Company's Common Stock (the "Commitment Amount")Stock, $0.001 par value per share (the "Common Stock"), and the Warrants, based on Draw Downs of up to six million dollars One Million Five Hundred Thousand Dollars ($6,000,000.001,500,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Talk Visual Corp)

Purchase and Sale of Stock. 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 twenty-five ten million dollars ($25,000,00010,000,000) of the Company's Common Stock (the "Commitment Amount"), $0.001 0.01 par value per share (the "Common Stock"), and the Warrants, based on Draw Downs of up to six two million dollars ($6,000,000.002,000,000.00) per Draw Down.

Appears in 1 contract

Samples: Escrow Agreement (Hollis Eden Pharmaceuticals Inc /De/)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company (i) up to twentyTwenty-five million dollars four Million Dollars ($25,000,00024,000,000) of the Company's Common Stock (the "Commitment Amount")Stock, $0.001 no par value per share (the "Common Stock"), and the Warrants, based on up to twelve (12) Draw Downs of up to six million dollars Two Million Dollars ($6,000,000.002,000,000) per Draw Down, and (ii) the warrants in accordance with section 5.2(f).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Pawnbroker Com Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to twenty-five million dollars ($25,000,000) 72,000,000 of the Company's Common Stock (the "Commitment Amount")common stock, $0.001 .01 par value per share (the "Common Stock"), and the Warrants, based on Draw Downs in accordance with Section 6.1. In no event shall the amount of up Common Stock required to six million dollars (be purchased by the Purchaser exceed $6,000,000.00) 6,000,000 per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Geltex Pharmaceuticals Inc)

Purchase and Sale of Stock. 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 twenty-five million dollars Ten Million Dollars ($25,000,00010,000,000) of the Company's Common Stock (the "Commitment Amount")Stock, $0.001 par value per share (the "Common Stock"), and the Warrants, ) based on Draw Downs of up to six million dollars One Million Dollars ($6,000,000.001,000,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Innovacom Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to twenty-five million dollars Five Million Dollars ($25,000,0005,000,000) of the Company's Common Stock (the "Commitment Amount")Stock, $0.001 par value per share (the "Common Stock"), and the Warrants, based on up to eighteen (18) Draw Downs of up to six million dollars Six Hundred Thousand Dollars ($6,000,000.00600,000) per Draw Down.

Appears in 1 contract

Samples: Registration Rights Agreement (Waverider Communications Inc)

Purchase and Sale of Stock. 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 twenty-five forty million dollars ($25,000,00040,000,000) of the Company's Common Stock (the "Commitment Amount")) of the Company's shares of Common Stock, $0.001 par value per share (the "Common Stock"), and the Warrants, based on Draw Downs of up to six million dollars ($6,000,000.00) per Draw Down.the

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Beyond Com Corp)

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