Common use of Concurrent Transaction Clause in Contracts

Concurrent Transaction. The Seller understands and acknowledges that in conjunction with the repurchase contemplated by this Agreement, that the Company is issuing and selling 135,301,552 shares of Common Stock at an aggregate price equal to the Purchase Price hereunder, and that the repurchase hereunder is a condition to such issuance and sale.

Appears in 2 contracts

Samples: Repurchase Agreement (Dynasty Energy Resources, Inc.), Repurchase Agreement (Fifth Season International, Inc.)

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Concurrent Transaction. The Seller understands and acknowledges that in conjunction with the repurchase contemplated by this Agreement, that the Company is issuing and selling 135,301,552 1,000,000 shares of Common Preferred Stock at an aggregate price equal to the Purchase Price hereunder, and that the repurchase hereunder is a condition to such issuance and sale.

Appears in 1 contract

Samples: Repurchase Agreement (Pacific Ventures Group, Inc.)

Concurrent Transaction. The Seller understands and acknowledges that in conjunction with the repurchase contemplated by this Agreement, that the Company is issuing and selling 135,301,552 1,333,336 shares of Common Stock at an aggregate price equal to the Purchase Price hereunder, and that the repurchase hereunder is a condition to such issuance and sale.

Appears in 1 contract

Samples: Repurchase Agreement (Phoenix Energy Resource Corp)

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Concurrent Transaction. The Seller understands and acknowledges that in conjunction with the repurchase contemplated by this Agreement, that the Company is issuing and selling 135,301,552 19,800,000 shares of Common Stock at an aggregate price equal to the Purchase Price hereunder, and that the repurchase hereunder is a condition to such issuance and sale.

Appears in 1 contract

Samples: Repurchase Agreement (Good Earth Land Sales CO)

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