Common use of Agreement to Purchase and Sell Shares Clause in Contracts

Agreement to Purchase and Sell Shares. Subject to the terms and conditions hereof, the Company agrees to issue and sell to each Series D Purchaser, and each Series D Purchaser agrees to, severally and not jointly, purchase from the Company, such number of Series D Preferred Shares as set forth opposite the name of such Series D Purchaser in Schedule 3 attached hereto (collectively, the “Series D Purchased Shares”), at the price set forth opposite the name of such Series D Purchaser in Schedule 3 attached hereto (such Series D Purchaser’s “Series D Purchase Price”), having the rights, privileges and restrictions as set forth in the Eighth Amended and Restated Memorandum and Articles of Association of the Company to be adopted pursuant to this Agreement, which shall come into effect as of the Closing (the “Restated Articles”). The Series D Purchased Shares, when issued and allotted, shall be with full rights and free and clear of any Liens (as defined in Section 3.7(a)).

Appears in 4 contracts

Samples: Series D Preferred Shares Purchase Agreement, Series D Preferred Shares Purchase Agreement (Pinduoduo Inc.), Series D Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD)

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