Commitment To Purchase Units Sample Clauses

Commitment To Purchase Units. Subject to and immediately prior to the consummation of the Company’s initial public offering (the “IPO”), Purchaser hereby agrees to subscribe for and purchase from the Company, and the Company hereby agrees to issue and sell to Purchaser, 43,750 units (the “Units”) at a purchase price of $8.00 per Unit for an aggregate purchase price of $350,000. Each Unit consists of one share of the common stock of the Company, par value $0.001 per share (the “Common Stock”), and one warrant (a “Warrant” and, together with the Units and the Common Stock, the “Securities”) exercisable for one share of Common Stock. Each Warrant shall entitle the holder thereof to purchase one share of Common Stock at an exercise price of $6.00, in accordance with the terms of the Warrant as set forth in the Warrant Agreement entered into by and between the Company and American Stock Transfer & Trust Company, as warrant agent. The Warrant Agreement shall be substantially in the form attached hereto as Exhibit A (the “Warrant Agreement”). The closing of the purchase and sale of the Units hereunder, including payment for and delivery of the Units, shall occur at the offices of the Company immediately prior to, and subject to consummation of, the IPO.
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Commitment To Purchase Units. Subject to and immediately prior to the consummation of the Company’s initial public offering (the “IPO”), Purchaser hereby agrees to subscribe for and purchase from the Company, and the Company hereby agrees to issue and sell to Purchaser, 556,250 units (the “Units”) at a purchase price of $8.00 per Unit for an aggregate purchase price of $4,450,000. Each Unit consists of one share of the common stock of the Company, par value $0.001 per share (the “Common Stock”), and one warrant (a “Warrant”) exercisable for one share of Common Stock. Each Warrant shall entitle the holder thereof to purchase one share of Common Stock at an exercise price of $6.00, in accordance with the terms of the Warrant as set forth in the Warrant Agreement entered into by and between the Company and American Stock Transfer & Trust Company, as warrant agent. The Warrant Agreement shall be substantially in the form attached hereto as Exhibit A (the “Warrant Agreement”). The closing of the purchase and sale of the Units hereunder, including payment for and delivery of the Units, shall occur at the offices of the Company immediately prior to, and subject to consummation of, the IPO.
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Commitment To Purchase Units. Handspring or the Authorized Manufacturing Partner shall purchase [*] of the Products in the first [*] months starting from the date the Working GPRS Software is available to Handspring or the Authorized Manufacturing Partner. If Handspring or the Authorized Manufacturing Partner fails to issue Purchase Orders for said quantity of Products during the above mentioned period of time, Handspring shall nevertheless be liable to Wavecom for the purchase price of said [*] units of Products less than units of Products already purchased prior to and within this time period. The Purchase Orders issued by Handspring or the Authorized Manufacturing Partner for the purchase of those [*] units are firm, non cancelable Purchase Orders.
Sample 1
Commitment To Purchase Units. Subject to and immediately prior to the consummation of the Company's initial public offering (the "IPO"), Purchaser hereby agrees to subscribe for and purchase from the Company, and the Company hereby agrees to issue and sell to Purchaser, 62,500 units (the "Units") at a purchase price of $8.00 per Unit for an aggregate purchase price of $500,000. Each Unit consists of one share of the common stock of the Company, par value $0.01 per share (the "Common Stock"), and one warrant exercisable for one share of Common Stock. Each warrant shall entitle the holder thereof to purchase one share of Common Stock at an exercise price of $6.00, in accordance with the terms of the Warrant as set forth in the Warrant Agreement to be entered into by and between the Company and a warrant agent to be determined by the Company. The Warrant Agreement shall be substantially in the form attached hereto as Exhibit A (the "Warrant Agreement"). The closing of the purchase and sale of the Units hereunder, including payment for and delivery of the Units, shall occur at the offices of the Company immediately prior and subject to consummation of the IPO.
Sample 1
Commitment To Purchase Units. Save and except for any early termination of the Agreement under Section 13.2 for contractual breach by Wavecom APAC, TCL shall purchase and pay for the Minimum Guaranteed Units in the first twelve (12) months following the first delivery of Products and Software to TCL (the "Minimum Guarantee Period"). In the event of delays attributable to Wavecom APAC, the Minimum Guarantee Period shall be extended by a period equivalent to the period of delay unless otherwise agreed by the Parties. The prices defined in Appendix I are based on expected sales from Wavecom APAC to TCL of two and a half million units of Products and Software.
Sample 1

Related to Commitment To Purchase Units

  • Purchase of the Units (a) The Company agrees to issue and sell the Underwritten Units to the several Underwriters as provided in this underwriting agreement (this “Agreement”), and each Underwriter, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, agrees, severally and not jointly, to purchase at a price per Unit of $9.80 (the “Purchase Price”) from the Company the respective number of Underwritten Units set forth opposite such Underwriter’s name in Schedule 1 hereto.

  • Conditions to Purchase of Option Securities In the event that the Underwriters exercise their option provided in Section 2(b) hereof to purchase all or any portion of the Option Securities, the representations and warranties of the Company contained herein and the statements in any certificates furnished by the Company and any of its subsidiaries hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representatives shall have received:

  • Agreement to Purchase Purchase Price Buyer acknowledges that it was the successful bidder for the Property at the Foreclosure Sale with a successful bid for the Property at the Foreclosure Sale in the amount of [ ] ($ ) (the “Purchase Price”), and agrees to purchase all of the interest in the Property from Seller in accordance with and in reliance upon the terms and conditions of this Agreement.

  • CONDITIONS TO THE INVESTOR’S OBLIGATION TO PURCHASE SHARES OF COMMON STOCK The obligation of the Investor to buy Purchase Shares under this Agreement is subject to the satisfaction of each of the following conditions on or prior to the Commencement Date and, once such conditions have been initially satisfied, there shall not be any ongoing obligation to satisfy such conditions after the Commencement has occurred:

  • Conditions to Purchaser’s Obligation to Purchase The obligation of the Purchaser hereunder to purchase the Securities at the Closing is subject to the satisfaction, on or before the Closing Date, of each of the following conditions, provided that these conditions may be waived by the Purchaser at any time in its sole discretion:

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