Payment of Purchase Price for Shares Sample Clauses

Payment of Purchase Price for Shares. Payment for shares of Stock acquired pursuant to Options granted hereunder shall be made in full, upon exercise of the Options either:
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Payment of Purchase Price for Shares. All shares of Series B Preferred Stock to be sold to the Investors pursuant to this Agreement are hereinafter referred to collectively as the "Shares." The purchase price for the Shares shall be paid by each Investor by way of check or by delivery of a wire transfer of funds made to the order of the Company in the amount of such Investor's portion of the aggregate purchase price for the Shares.
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Payment of Purchase Price for Shares. The Share Purchase Price shall be delivered by Buyer to the Escrow Agent to be held in accordance with the terms of the escrow agreement attached hereto as Exhibit A (the "ESCROW AGREEMENT") and, at the Closing, the Escrow Agent will, by wire transfer pursuant to the wire transfer instructions attached hereto as Schedule 2.6, deliver the Share Purchase Price to the Company.
Sample 1
Payment of Purchase Price for Shares. The Purchaser of Shares pursuant to this Section shall, at its option, (a) pay the purchase price for said Shares in full at the closing by bank or certified check or by wire transfer of immediately available funds to an account designated by the Seller, or (b) pay twenty percent (20%) of the purchase price for said Shares at the closing by bank or certified check or by wire transfer of immediately available funds to an account designated by the Seller, with the principal balance thereof to be paid, together with simple interest at the rate, from time to time, of five-year United States Treasury Notes, in equal annual installments over five (5) years.
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Payment of Purchase Price for Shares. All shares of Series C Preferred Stock to be sold to Investor pursuant to this Agreement are hereinafter referred to collectively as the "Shares." The aggregate purchase price for the Shares shall be Thirty Million dollars ($30,000,000). The parties acknowledge that Investor has previously paid to the Company the sum of Two Million dollars ($2,000,000) (the "Deposit") pursuant to that certain Memorandum of Terms for a Strategic Investment in Accelerated Networks, Inc. (the "Memorandum of Terms") dated February 5, 1999 between the Company and Investor. The Deposit shall be applied to the aggregate purchase price, and Investor shall pay Twenty-Eight Million dollars ($28,000,000) to the Company by way of wire transfer of immediately available funds.
Sample 1
Payment of Purchase Price for Shares. (a) As of the Closing Date, the Purchaser shall pay to the Sellers on account of the purchase of the Shares, the Initial Consideration less (i) the Initial Holdback (as defined below) and (ii) the Dallas Deposit (as defined below).
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Payment of Purchase Price for Shares. Payment for shares acquired pursuant to Options granted hereunder shall be made in accordance with Section 7 of the Plan. The Shares acquired upon exercise of Options shall be in the name of the person or persons so exercising the Options. All Shares purchased upon the exercise of Options as provided herein shall be fully paid and non-assessable.
Sample 1
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Payment of Purchase Price for Shares. All shares of Series A Preferred Stock to be sold to the Investors pursuant to this Agreement are hereinafter referred to collectively as the "Shares." The purchase price for the Shares shall be paid by each Investor by
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Related to Payment of Purchase Price for Shares

  • Payment of Purchase Price Upon Exercise At the time of any exercise, the Exercise Price of the Shares as to which this Option is exercised shall be paid in cash to the Company, unless, in accordance with the provisions of Section 4.2(c) of the Plan, the Board shall permit or require payment of the purchase price in another manner set forth in the Plan.

  • Payment of Purchase Price The Purchase Price shall be paid as follows:

  • Adjustment of Purchase Price and Number of Shares The number of shares of Common Stock issuable upon exercise of this Warrant (or any shares of stock or other securities or property receivable or issuable upon exercise of this Warrant) and the Purchase Price are subject to adjustment upon occurrence of the following events:

  • Adjustment of Purchase Price NUMBER AND KIND OF SHARES OR NUMBER OF RIGHTS. The Purchase Price, the number and kind of shares covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Purchase Price; Allocation of Purchase Price (a) Subject to the terms and conditions of this Agreement, the purchase price for the Interests and the Purchased Assets (other than the Specified OUS Assets) (such amount, the “Purchase Price”) is payable as follows:

  • Adjustment of Purchase Price, Number and Kind of Shares and Number of Rights The Purchase Price, the number of shares of Preferred Stock or other securities or property purchasable upon exercise of each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Calculation of Purchase Price The bank’s ownership interest in a security will be quantified one of two ways: (i) number of shares or other units, as applicable (in the case of equity securities) or (ii) par value or notational amount, as applicable (in the case of non-equity securities). As a result, the purchase price (except where determined pursuant to clause (ii) of the preceding paragraph) shall be calculated one of two ways, depending on whether or not the security is an equity security: (i) the purchase price for an equity security shall be calculated by multiplying the number of shares or other units by the applicable market price per unit; and (ii) the purchase price for a non-equity security shall be an amount equal to the applicable market price (expressed as a decimal), multiplied by the par value for such security (based on the payment factor most recently widely available). The purchase price also shall include accrued interest as calculated below (see Calculation of Accrued Interest), except to the extent the parties may otherwise expressly agree, pursuant to clause (ii) of the preceding paragraph. If the factor used to determine the par value of any security for purposes of calculating the purchase price, is not for the period in which the Bank Closing Date occurs, then the purchase price for that security shall be subject to adjustment post-closing based on a “cancel and correct” procedure. Under this procedure, after such current factor becomes publicly available, the Receiver will recalculate the purchase price utilizing the current factor and related interest rate, and will notify the Assuming Institution of any difference and of the applicable amount due from one party to the other. Such amount will then be paid as part of the settlement process pursuant to Article VIII.

  • Purchase Price; Number of Shares (a) The registered holder of this Warrant (the “Holder”), commencing on the date hereof, is entitled upon surrender of this Warrant with the subscription form annexed hereto duly executed, at the principal office of the Company, to purchase from the Company, at a price per share of $2.80 (the “Purchase Price”), 185,714 fully paid and nonassessable shares of the Company’s Series D Preferred Stock, (the “Exercise Quantity”), $0.001 par value (the “Preferred Stock”).

  • Allocation of Purchase Price Buyer shall deliver to Seller at Closing a preliminary allocation among the Auctioned Assets of the Purchase Price and among such other consideration paid to Seller pursuant to this Agreement that is properly includible in Buyer's tax basis for the Auctioned Assets for Federal income tax purposes, and, as soon as practicable following the Closing (but in any event within 10 Business Days following the final determination of the Adjustment Amount), Buyer shall prepare and deliver to Seller a final allocation of the Purchase Price and additional consideration described in the preceding clause, and the post-closing adjustment pursuant to Section 3.02, among the Auctioned Assets (the "Allocation"). The Allocation shall be consistent with Section 1060 of the Code and the Treasury Regulations thereunder. Seller hereby agrees to accept Buyer's Allocation unless Seller determines that such Allocation was not prepared in accordance with Section 1060 of the Code and the regulations thereunder ("Applicable Law"). If Seller so determines, Seller shall within 20 Business Days thereafter propose any changes necessary to cause the Allocation to be prepared in accordance with Applicable Law. Within 10 Business Days following delivery of such proposed changes, Buyer shall provide Seller with a statement of any objections to such proposed changes, together with a reasonably detailed explanation of the reasons therefor. If Buyer and Seller are unable to resolve any disputed objections within 10 Business Days thereafter, such objections shall be referred to the Accountants, whose review will be limited to whether Buyer's Allocation of such disputed items regarding the Allocation was prepared in accordance with Applicable Law. The Accountants shall be instructed to deliver to Seller and Buyer a written determination of the proper allocation of such disputed items within 20 Business Days. Such determination shall be conclusive and binding upon the parties hereto for all purposes, and the Allocation shall be so adjusted (the Allocation, including the adjustment, if any, to be referred to as the "Final Allocation"). The fees and disbursements of the Accountants attributable to the Allocation shall be shared equally by Buyer and Seller. Each of Buyer and Seller agrees to timely file Internal Revenue Service Form 8594, and all Federal, state, local and foreign Tax Returns, in accordance with such Final Allocation and to report the transactions contemplated by this Agreement for Federal Income Tax and all other tax purposes in a manner consistent with the Final Allocation. Each of Buyer and Seller agrees to promptly provide the other party with any additional information and reasonable assistance required to complete Form 8594, or compute Taxes arising in connection with (or otherwise affected by) the transactions contemplated hereunder. Each of Buyer and Seller shall timely notify the other Party and each shall timely provide the other Party with reasonable assistance in the event of an examination, audit or other proceeding regarding the Final Allocation.

  • Adjustment of Purchase Price, Number and Kind of Shares or Number of Rights The Purchase Price, the number and kind of shares covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

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