Purchase and Sale of Preference Shares Sample Clauses

Purchase and Sale of Preference Shares. We hereby agree to purchase, and you hereby agree to sell and transfer, all of the Preference Shares in exchange for the aggregate consideration of $52,648,638.20 (the “Cash Consideration”) and [***] common shares of IBEX Limited (“IBEX”) (the “Share Consideration” or the “IBEX Shares” and together with the Cash Consideration, the “Purchase Price”), payable to each Seller in the amounts set forth in Schedule A to this letter agreement to the accounts set forth in Exhibit C (the “Payment Information”) at the Closing (as defined below). Once purchased, the Preference Shares will be treated as cancelled in accordance with the Companies Act 1981, as amended, of Bermuda. At the closing of the Redemption (the “Closing” and the date of such Closing, the “Effective Date”), (a) each Seller shall: (i) deliver to the Company any share certificates representing the Preference Shares, if issued, (ii) execute and deliver to the Company the assignment of rights under the Registration Rights Agreement, dated as of September 15, 2017 (the “IBEX Registration Agreement”), between the Company and IBEX in the form attached as Exhibit A (the “Assignment Agreement”); and (iii) deliver to the Company such other documentation as may be reasonably requested by the Company, the delivery of which is hereby acknowledged to be an express condition of the Company’s execution, delivery and performance of this letter agreement and the transactions contemplated hereby and (b) the Company shall deliver to each Seller (A) the Cash Consideration in the amounts set forth opposite such Seller’s name in Schedule A to this letter agreement to the accounts designated by each Seller in writing; and (B) the Assignment Agreement, duly executed by the Company. The Company shall, within 10 business days following January 2, 2022 or, if later, within 10 Business days of the Closing, deliver the applicable Share Consideration to each Seller to the accounts designated by each of the Sellers in writing to the Company. Additionally, the parties agree to execute such further documents and instruments and to take such further actions as may be reasonably necessary to carry out the purposes and intent of this letter agreement.
Sample 1
AutoNDA by SimpleDocs
Purchase and Sale of Preference Shares 
Sample 1Sample 2Sample 3See All (4)

Related to Purchase and Sale of Preference Shares

  • Purchase and Sale of Preferred Shares Upon the following terms and conditions, CDRD shall issue and sell to each Investor severally, and each Investor severally shall purchase from CDRD, the number of First Closing Shares and up to the number of Second Closing Shares indicated next to such Investor's name on Schedule I attached to this Agreement."

  • Purchase and Sale of Preferred Stock 1.1 Sale and Issuance of Series B Preferred Stock. ---------------------------------------------

  • 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).

  • 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.

  • 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.

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

  • Issuance and Sale of Common Shares Section 2.01 (a)

  • Purchase and Sale of Convertible Debentures 5 2.1 Purchase and Sale; Purchase Price..........................................................................5 2.2 Execution and Delivery of Documents; the Closing...........................................................6 2.3 The Post-Closing...........................................................................................7

  • Purchase and Sale of Notes and Warrants (a) Upon the following terms and conditions, the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase from the Company, secured convertible promissory notes in the aggregate principal amount of up to Three Million Five Hundred Thousand Dollars ($3,500,000), convertible into shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), in substantially the form attached hereto as Exhibit B (the “Notes”). The Company and the Purchasers are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the “Securities Act”), including Regulation D (“Regulation D”), and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.

Time is Money Join Law Insider Premium to draft better contracts faster.