Authorization and Sale of Shares Sample Clauses

Authorization and Sale of Shares. The Company has authorized the sale of up to four million one hundred thousand (4,100,000) Shares. The Company reserves the right to increase or decrease this number.
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Authorization and Sale of Shares. The Company has authorized the sale of up to Shares. The Company reserves the right to increase or decrease this number.
Authorization and Sale of Shares. The Company is proposing to sell up to 175,000 Shares. The Company reserves the right to increase or decrease this amount.
Authorization and Sale of Shares. The Fund has authorized the sale of up to _________ (______) Shares. The Fund reserves the right to increase or decrease this number.
Authorization and Sale of Shares. (a) The Company will take all requisite corporate action to authorize the issuance and sale of 6,950,000 shares (the "Shares") of Common Stock, $.001 par value per share ("Common Stock"), to Buyer in accordance with the terms of this Agreement.
Authorization and Sale of Shares. Carbon shall authorize the sale and issuance of 4,500,000 shares of its common stock to Yorktown. Subject to the terms and conditions of this Agreement, Carbon shall issue and sell to Yorktown, and Yorktown shall purchase from Carbon, 4,500,000 shares of Carbon common stock at a total purchase price of $24,750,000 in cash, which is $5.50 per share.
Authorization and Sale of Shares. 1 1.1 Authorization 1 1.2 Sale of Shares 1 Section 2 Closing Date: Delivery 1 2.1 Closing Date 1 2.2 Delivery 1 2.3 Purchase Price 1 Section 3 Representations and Warranties of the Company 2 3.1 Subsidiaries; Organization and Standing 2 3.2 Corporate Power, Authorization 2 3.3 Issuance and Delivery of the Shares 2 3.4 SEC Documents; Financial Statements 2 3.5 Governmental Consents 3 3.6 No Material Adverse Change 3 3.7 Intellectual Property 3 3.8 Authorized Capital Stock 4 3.9 Litigation 4 3.10 Use of Proceeds 4 3.11 Accountants 4 3.12 Compliance With Other Instruments 5 3.13 Permits 5 3.14 Investment Company 5 3.15 Securities Laws Disclosure; Publicity 5 3.16 Private Placement 5 3.17 Form S-3 Eligibility 6 3.18 Listing and Maintenance Requirements 6 3.19 Application of Takeover Protections 6 3.20 Insurance 6 3.21 Non-Public Information 6 3.22 Acknowledgment Regarding Purchasers’ Purchase of Securities 6 3.23 Foreign Corrupt Practices 6 3.24 Sxxxxxxx-Xxxxx Act 7 3.25 Internal Accounting Controls 7 Section 4 Representations, Warranties and Covenants of the Purchasers 7 4.1 Power; Authorization 7
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Authorization and Sale of Shares. The Fund has authorized the sale of up to one million two hundred twenty six thousand nine hundred ninety five (1,226,995) Shares. The Fund reserves the right to increase or decrease this number.
Authorization and Sale of Shares. The Company has authorized the sale of up to 1,200,000 Shares.
Authorization and Sale of Shares. The Fund has authorized the sale and issuance of up to One Million Two Hundred Sixteen Thousand Five Hundred and Forty-Five (1,216,545) shares (the “Shares”) of common stock of the Fund, par value $0.001 per share (the “Common Stock”), to the Investors (the “Offering”). Upon the terms and subject to the conditions hereinafter set forth, at the Closing (as defined herein), the Fund will issue and sell to the Investors, and the Investors will purchase from the Fund, that number of Shares set forth next to each Investor’s name on the signature pages hereto at a price of $28.77 per share, an aggregate purchase price from all Investors of $34,999,999.65 (the “Purchase Price”). Each Investor acknowledges that certificates representing the Shares will not be issued and instead the Shares will be credited to the Investor using customary book-entry procedures.
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