Issuance and Purchase of Shares. 1.1 The Purchaser undertakes to invest in the Company the amount of Nine Hundred Ninety-Nine Thousand Nine Hundred US Dollars (US$ 999,900) (hereinafter, the "Investment Amount") on the Closing Date as defined in Section 2 hereinbelow. All amounts will be deposited in US dollars or their equivalent in NIS to the Company's account no. 377906 at Bank Hapoalim B.M., Hadar Xxxxx Xxxxxx (610).
Issuance and Purchase of Shares. The Company shall issue, set over and deliver to the Buyer, free and clear of all liens and outstanding charges of whatever nature (“Liens”), and the Buyer shall purchase from the Company, the Purchased Shares on the Closing Date.
Issuance and Purchase of Shares. Subject to the terms and conditions hereof, immediately following the Effective Time, Receiver shall issue and Parent or its Affiliate designee shall purchase 18,857,142 shares of Receiver Common Stock for an aggregate purchase price of $330,000,000.
Issuance and Purchase of Shares. Upon the terms and subject to the conditions as set forth in this Agreement, the Company hereby agrees with each Purchaser, and each Purchaser agrees with the Company, separately and independently from the other Purchasers, that in consideration of payment by such Purchaser to the Company of the amount specified opposite to such Purchaser's name in SCHEDULE A hereof (the "PURCHASE PRICE"), the Company shall issue, sell and deliver to such Purchaser, and such Purchaser shall receive and accept from the Company, duly authorized, validly issued, fully-paid and non-assessable Purchased Shares, free and clear of any and all Liens, and in a number equal to such Purchaser's Purchase Price divided by the Transaction Share Price (rounded to the nearest whole number).
Issuance and Purchase of Shares. 1.1 Purchaser undertakes to invest in the Company the, AGGREGATE amount of Nine Hundred Ninety-Nine Thousand Nine Hundred Ninety-Nine US Dollars (US $999,999) (hereinafter, the "Investment"), payable in three instalments as described in Section 2 below. The Investments will be deposited in US Dollars to the Company's account no. 377906 at Bank Hapoalim B.M., Hadar Xxxxx Xxxxxx (610).
Issuance and Purchase of Shares. Subject to the terms and conditions hereof, the Company will issue and allot to the Investors, and the Investors will severally and not jointly purchase from the Company, an aggregate number of up to 22,020 (Twenty Two Thousand and Twenty) Preferred B2 Shares (the “Purchased Shares”), having such rights, privileges and preferences as set forth in this Agreement, in the Third Amended and Restated Articles of Association of the Company (the “Amended Articles”) and in the Investors' Rights Agreement (the “IXX”). The Purchased Shares will be issued by the Company to each of the Investors only against full payment therefore, in accordance with that Investor's portion out of the First Installment and Second Installment (as defined in Section 1.3 below).
Issuance and Purchase of Shares. Subject to and in accordance with the terms and conditions hereof, the Company shall issue and allot to IBM, and IBM shall purchase from the Company:
Issuance and Purchase of Shares. Subject to the terms and conditions hereof, at the Closing, the Company shall issue and allot to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of19,688 of the Company's Ordinary A Shares (the "Shares"), for an aggregate purchase price of $96,906 (ninety-six thousand, nine-hundred and six U.S. Dollars) (the "Purchase Price").
Issuance and Purchase of Shares. At the Closing (as defined below), the Company agrees to issue and sell to each of the Purchasers, and, subject to all of the terms and conditions hereof, each of the Purchasers agrees to purchase Shares in the amount set forth opposite the respective Purchaser's name on Schedule I attached hereto. The obligations of the Purchasers to purchase Shares are several and not joint. The per share purchase price for the Shares shall be $0.95 (ninety-five cents).
Issuance and Purchase of Shares. Subject to the terms and conditions hereof, at the Closings, the Company shall issue and allot to the Investors, and the Investors shall, severally and not jointly, purchase from the Company, up to an aggregate number of approximately 286,486,259 Preferred B Stock (the “Purchased Shares”), each having the rights, preferences and privileges set forth in the Certificate of Designation, for an aggregate investment of up to US $5,000,000 (the “Aggregate Purchase Price”). The respective amount of the Purchased Shares to be purchased by each Investor at the Closing and the respective portion of the Aggregate Purchase Price to be paid in consideration for the issuance of the Purchased Shares at the Closing are as set forth in Schedule 1. The Purchased Shares will be issued following the Milestone, and become fully paid upon the payment by each of the Investors of its respective portion of the Aggregate Purchase Price.
