Purchase and Sale of Offered Units Sample Clauses

Purchase and Sale of Offered Units. (a) Subject to the terms and conditions of this Agreement, and upon the basis of the representations, warranties, and agreements herein contained, the Company agrees to issue and sell to the Underwriters, and each such Underwriter agrees, severally and not jointly, to purchase from the Company at $ per Offered Unit, at the place and time hereinafter specified, the number of Offered Units set forth opposite the names of the Underwriters in Schedule A attached hereto, plus any additional Offered Units which such Underwriters may become obligated to purchase pursuant to the provisions of Section 9 hereof. (b) The Underwriters shall not offer the Offered Units in Israel to more than 35 offerees in the aggregate and shall obtain from such offerees in Israel written confirmation that they are acquiring the Offered Units for investment purposes only and not with a view toward distribution or resale and shall provide copies of these written confirmations to the Company at the Closing. At the Closing, the Underwriters shall furnish the Company with a list of such offerees, the number of Offered Units acquired by such offerees and the addresses of such offerees. (c) Notwithstanding anything contained herein to the contrary, in no event will the aggregate underwriting discount and non-accountable expense allowance exceed ten percent (10%) on any sales of Offered Units to IMR Fund, L.P. or its affiliates.

Purchase and Sale of Offered Units. On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company hereby agrees to sell the Offered Units to the Underwriter, and the Underwriter agrees to purchase the Offered Units from the Company, at a purchase price of $5.40

Purchase and Sale of Offered Units