FUTURE PURCHASES AND SALES OF SHARES Sample Clauses

FUTURE PURCHASES AND SALES OF SHARES. 2.1 Future Sales of Common Shares. Sellers jointly will have the right (the "PUT RIGHT"), but not the obligation, to convey, transfer and assign, on the terms and conditions herein set forth, to Purchaser, free and clear of all liens, security interests, pledges, claims and encumbrances of every kind, nature and description (except those arising under this Agreement and applicable securities laws), the Future Shares, with each Seller having a Put Right as to the Future Shares set forth opposite such Seller's name on attached Schedule 2.1 (the "FUTURE PURCHASE SCHEDULE"), over the three-year period commencing on the end of the third (3rd) Business Day after the first Reference Period (as defined herein) after the Initial Closing at the price per Share and other terms specified below (such sales, "FUTURE SALES," and the relevant three-year period, the "FUTURE SALES PERIOD"). For the avoidance of doubt, all Put Rights shall expire, and be of no further force or effect, on the expiration of the Future Sales Period.
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FUTURE PURCHASES AND SALES OF SHARES 
Sample 1

Related to FUTURE PURCHASES AND SALES OF SHARES

  • Basis of Purchases and Sales of Shares Xxxxxx will use its best efforts to place shares sold by it on an investment basis. Xxxxxx does not agree to sell any specific number of shares. Shares will be sold by Xxxxxx only against orders therefor. Xxxxxx will not purchase shares from anyone other than the Fund except in accordance with Section 5, and will not take “long” or “short” positions in shares contrary to the Agreement and Declaration of Trust of the Fund.

  • Sales of Shares The Dealer Manager shall, and each Soliciting Dealer shall agree to, solicit purchases of the Shares only in the jurisdictions in which the Dealer Manager and such Soliciting Dealer are legally qualified to so act and in which the Dealer Manager and each Soliciting Dealer have been advised by the Company in writing that such solicitations can be made.

  • Purchases and Sales Neither the Corporation nor any Subsidiary has approved, entered into any agreement in respect of, or has any knowledge of:

  • Purchase and Sale of Shares Closing 2.01. Purchase and Sale of the Shares........................................................................... 10 2.02.

  • Purchase and Sale of Shares and Warrants Subject to the satisfaction (or waiver) of the conditions to Closing set forth in this Agreement and the Escrow Agreement, each Subscriber shall purchase the Shares and Warrants for the portion of the Purchase Price indicated on the signature page hereto, and the Company shall sell such Shares and Warrants to the Subscriber. The Purchase Price for the Shares and Warrants shall be paid in cash. The entire Purchase Price shall be allocated to the Shares.

  • Purchases and Sales of Securities The Company shall not, and shall use its best efforts to cause its affiliates (as defined in Rule 405 under the 0000 Xxx) not to, purchase and then resell or otherwise transfer any Securities.

  • Purchase and Sale of Shares 2.1.1. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller shall sell, transfer and deliver to Buyer, free and clear of all Liens (other than Liens under the Securities Act and any other applicable state or foreign securities Laws), and Buyer shall purchase from Seller, all right, title and interest in and to the Shares.

  • Sales of Shares by the Fund The Fund reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split and to sell shares to its shareholders or to other persons approved by Xxxxxx at not less than net asset value.

  • Purchase and Sale of Common Shares (a) Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties set forth in Schedule B to this Agreement, the Purchaser hereby agrees to purchase from the Company and the Company hereby agrees to sell to the Purchaser, on the Closing Date, 104,500,000 Common Shares (the “Purchased Shares”) at a price of $48.60 per Purchased Share for an aggregate purchase price of $5,078,700,000 (the “Share Purchase Price”).

  • Purchase and Sale of Common Stock Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Ten Million dollars ($10,000,000).

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