Purchase and Exchange Sample Clauses

Purchase and Exchange. 1 1.2 Contribution...........................................................................................1 1.3
AutoNDA by SimpleDocs
Purchase and Exchange. 10 --------------------- Section 2.2 Cash Consideration and Payment; Deposit for Purchase; ------------------------------------------------------ Contribution and Exchange ................................. 10 ------------------------- Section 2.3 Time and Place of Closing ................................. 11 ------------------------- Section 2.4 The Closing ............................................... 11 ----------- Section 2.5 Purchase and Sale of Shares of NBP ........................ 14 ---------------------------------- Section 2.6 Net Working Capital Adjustments ........................... 14 -------------------------------
Purchase and Exchange. On the basis of the representations, --------------------- warranties, covenants and agreements and subject to the terms and conditions hereof and the satisfaction or waiver of the conditions set forth herein, Exiting Sellers agree to sell for cash and Continuing Sellers agree to sell for cash and exchange for Nassau Equity Interests, and Buyer agrees to so purchase and exchange, at the Closing, all of the Subject Interests as provided in this Article II.
Purchase and Exchange. On the Closing Date (as defined in Section 1.6), each of the Sellers shall sell, and on the Option Closing Date (as defined in Section 1.6) the Sellers shall cause each of the Optionees to sell, to EMKT that number of shares of Company Common Stock or Company Preferred Stock set forth opposite such Seller's or Optionee's name on Schedule 1.1 (the "PURCHASED COMPANY STOCK"), constituting in the aggregate 45 percent of the number of outstanding shares of Company Stock (on a fully diluted and converted basis) (the "PURCHASE"), for a consideration equal to that number of EMKT shares set forth opposite such Seller's or Optionee's name on Schedule 1.1 (the "PURCHASE CONSIDERATION"). The Purchase Consideration shall be payable on January 3, 2000.
Purchase and Exchange. On the Closing Date (as defined in Section 1.6), each of the Sellers shall sell to EMKT that number of shares of Company Common Stock set forth opposite such Seller's name on Schedule 1.1 (the "PURCHASED COMPANY STOCK"), constituting in the aggregate 50 percent of the number of outstanding shares of Company Stock (on a fully diluted and converted basis) (the "PURCHASE"), for a consideration equal to that number of EMKT shares set forth opposite such Seller's name on Schedule 1.1 (the "PURCHASE CONSIDERATION"). The Purchase Consideration shall be payable on January 3, 2000.
Purchase and Exchange. Seventy Four Thousand Dollars ($74,000) in cash U.S. and 150,000 shares of common stock.
Purchase and Exchange. Subject to the terms and conditions herein set forth, GMAC agrees to exchange with each Holder, and each Holder agrees to exchange with GMAC, on the Closing Date, such Holder’s Participation in exchange for the applicable Consideration set forth on Annex A.
AutoNDA by SimpleDocs
Purchase and Exchange. (a) At the Closing, each of the Sellers will sell, transfer, convey and deliver to the Acquiror, and the Acquiror will purchase, the principal amount of the outstanding Debentures set forth opposite such Seller's name on Appendix I hereto, as evidenced by the delivery of a certificate or certificates evidencing such Debentures, accompanied by duly executed bond or debenture powers. In exchange therefor, the Acquiror will issue and convey such number of shares of Acquiror Common Stock as shall be set forth opposite the name of such Seller on Appendix I hereto.
Purchase and Exchange. VOIP Telecom, INC will sell to Universal Commerce Limited , Inc., 100% of the common stock of Access Communications, INC., with its ownership of interest in telecom equipment and services, a copy of which is attached hereto and made a copy hereof as Exhibit A, in exchange for a note receivable.
Purchase and Exchange. AMFS hereby agrees to purchase from Shareholders the 17, 000, 000 shares they hold of the issued and outstanding Common Stock of AmeraMex International, in exchange for the aforementioned 2,700,000 shares AMFS holds of the issued and outstanding Common Stock of VPN Communications Corporation, together with an irrevocable proxy coupled with an interest for a period of one year for an additional 300,000 shares of VPN retained by AMFS, under the terms and conditions as set forth below.
Time is Money Join Law Insider Premium to draft better contracts faster.