Common use of Purchase of Shares of Common Stock Clause in Contracts

Purchase of Shares of Common Stock. Each Purchase Contract shall obligate the Holder of the related Security to purchase, and the Company to sell, on the Final Settlement Date at a price equal to the Stated Amount, a number of shares of Common Stock equal to the Settlement Rate, unless, on or prior to the Final Settlement Date, there shall have occurred a Termination Event or an Early Settlement with respect to the Security of which such Purchase Contract is a part. The "

Appears in 9 contracts

Samples: Purchase Contract Agreement (Alco Standard Corp), Purchase Contract Agreement (Medpartners Inc), Purchase Contract Agreement (Monsanto Co)

AutoNDA by SimpleDocs

Purchase of Shares of Common Stock. Each Purchase Contract shall shall, unless a Termination Event or an Early Settlement in accordance with Section 5.9 hereof has occurred with respect to the Security of which such Purchase Contract is a part, obligate the Holder of the related Security to purchase, and the Company to sell, on the Final Purchase Contract Settlement Date at a price equal to the Stated AmountAmount (the “Purchase Price”), a number of shares of Common Stock equal to the Settlement Rate, unless, on or prior to the Final Settlement Date, there shall have occurred a Termination Event or an Early Settlement with respect to the Security of which such Purchase Contract is a part. The "“Settlement Rate” is equal to:

Appears in 3 contracts

Samples: Purchase Contract Agreement (PPL Energy Supply LLC), Purchase Contract Agreement (PPL Capital Funding Inc), Purchase Contract Agreement (PPL Capital Funding Inc)

Purchase of Shares of Common Stock. Each Purchase Contract shall obligate the Holder of the related Security to purchase, and the Company to sell, on the Final Purchase Contract Settlement Date at a price equal to the Stated AmountAmount (the "Purchase Price"), a number of shares of Common Stock equal to the Settlement Rate, unless, on or prior to the Final Purchase Contract Settlement Date, there shall have occurred a Termination Event Event, Cash Settlement or an Early Settlement with respect to the Security of which such Purchase Contract is a part. The "

Appears in 2 contracts

Samples: Purchase Contract Agreement (MCN Corp), Purchase Contract Agreement (MCN Financing Iv)

Purchase of Shares of Common Stock. Each Purchase Contract shall obligate the Holder of the related Security to purchase, and the Company to sell, on the Final Purchase Contract Settlement Date at a price equal to the Stated AmountAmount (the "Purchase Price"), a number of new shares of Common Stock equal to the Settlement Rate, Rate unless, on or prior to the Final Purchase Contract Settlement Date, there shall have occurred a Termination Event or an Early Settlement with respect to the Security of which such Purchase Contract is a part. The "

Appears in 2 contracts

Samples: Purchase Contract Agreement (Owens Corning Capital Ii), Purchase Contract Agreement (Protective Life Corp)

Purchase of Shares of Common Stock. Each Purchase Contract shall obligate the Holder of the related Security to purchase, and the Company to sell, on the Final Settlement Date at a price equal to the Stated Amount, a number of shares of Common Stock equal to the Settlement Rate, unless, on or prior to the Final Settlement Date, there shall have occurred a Termination Event or an Early Settlement with respect to the Security of which such Purchase Contract is a part. The "Final

Appears in 1 contract

Samples: Form of Purchase Contract Agreement (Ferro Corp)

AutoNDA by SimpleDocs

Purchase of Shares of Common Stock. Each Purchase Contract shall obligate the Holder of the related Security to purchase, and the Company to sell, on the Final Settlement Date at a price equal to the Stated Amount, a number of shares of Common Stock equal to the Settlement Rate, unless, on or prior to the Final Settlement Date, there shall have occurred a Termination Event or an Early Settlement with respect to the Security of which such Purchase Contract is a part. The "Stock

Appears in 1 contract

Samples: Purchase Contract Agreement (CMS Energy Trust Ii)

Purchase of Shares of Common Stock. Each Purchase Contract shall obligate the Holder of the related Security to purchase, and the Company to sell, on the Final Purchase Contract Settlement Date at a price equal to the Stated AmountAmount (the "Purchase Price"), a number of newly issued shares of Common Stock equal to the Settlement Rate, unless, on or prior to the Final Settlement Date, there shall have occurred a Termination Event or Rate unless an Early Settlement has occurred in accordance with respect to the Security of which such Purchase Contract is a part. The "Section

Appears in 1 contract

Samples: Purchase Contract Agreement (Alltel Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.