Common use of Authorization of Sale of the Shares Clause in Contracts

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of its ordinary shares, par value NIS 0.01 per share, of the Company ("Ordinary Shares" and the "Shares"), at the Price Per Share (as defined below), representing an aggregate purchase price for all the Shares of US$400,000.

Appears in 2 contracts

Samples: Share Purchase Agreement (Challen Roger), Share Purchase Agreement (Mer Chaim)

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Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of its ordinary shares, par value NIS 0.01 per share, of the Company ("Ordinary Shares" and the "Shares"), at the Price Per Share (as defined below), representing an aggregate purchase price for all the Shares of US$400,000.

Appears in 2 contracts

Samples: Share Purchase Agreement (Mer Telemanagement Solutions LTD), Share Purchase Agreement (Friedman Tzvika)

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Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of its ordinary shares, par value NIS 0.01 per share, of the Company ("Ordinary Shares" and the "Shares"), at the Price Per Share Shares (as defined below), representing an aggregate purchase price for all the Shares of US$400,000500,000.

Appears in 1 contract

Samples: Purchase Agreement (Mer Telemanagement Solutions LTD)

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