Purchase and Sale of Series C Preferred Shares Sample Clauses

Purchase and Sale of Series C Preferred Shares. 2.1 Sale and Issuance of the Series C Preferred Shares. Subject to the terms and conditions of this Agreement, at the Closing, each Investor, severally and not jointly, agrees to subscribe for and purchase, and the Company agrees to issue and sell to each Investor, that number of Series C Preferred Shares set forth opposite such Investor’s name on Schedule II attached hereto, with each Investor to pay as consideration for such Series C Preferred Shares the aggregate purchase price set forth opposite such Investor’s name on Schedule II attached hereto.
AutoNDA by SimpleDocs
Purchase and Sale of Series C Preferred Shares. On and subject to the terms and conditions of this Agreement, Capstead covenants and agrees that it will issue and sell to Fortress, and Fortress covenants and agrees that it will purchase from Capstead, the Series C Shares. The aggregate amount of consideration to be paid to Capstead for the Series C Shares by Fortress shall be $25,600,000 (the "SERIES C PURCHASE PRICE"). The Series C Purchase Price shall be paid to Capstead at the Closing by wire transfer in immediately available funds.
Purchase and Sale of Series C Preferred Shares. Section 1.1 Authorization of the Series C Preferred Shares. The Company has authorized the sale and issuance to the Investor of an aggregate of 69,000 shares of its Series C Convertible Preferred Stock having the rights, restrictions, privileges and preferences set forth in the Company's Articles of Incorporation, as amended, in the form attached hereto as Exhibit A (as amended, the "Articles"), which has been filed with the Secretary of State of the State of Florida. Section 1.2 Issuance, Sale and Delivery of the Series C Preferred Shares. Subject to the terms and conditions hereof and in reliance upon the representations, warranties, covenants and agreements contained herein, the Company hereby agrees to issue and sell to the Investor, and the Investor hereby agrees to purchase from the Company at the Closing (as hereinafter defined), an aggregate of 69,000 Series C Preferred Shares at a purchase price of $100 per Series C Preferred Share (the "Purchase Price"). Section 1.3
Purchase and Sale of Series C Preferred Shares. Subject to the terms and conditions of this Agreement, each of the Investors agrees, severally and not jointly, to purchase from the Company at the Closing (as defined below), and the Company agrees to sell and issue to each of the Investors at the Closing (as defined below), that number of Series C Preferred Shares as is set forth opposite such Investor’s name on Schedule I with the aggregate purchase price to be paid by each Investor for the Series C Preferred Shares to be acquired by such Investor at the Closing being as stated on Schedule I opposite such Investor’s name.
Purchase and Sale of Series C Preferred Shares 

Related to Purchase and Sale of Series C Preferred 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 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 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 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 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 Closing 2.01. Purchase and Sale of the Shares........................................................................... 10 2.02.

  • 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.

  • Purchase and Sale of Debentures and Warrants Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees to purchase, at the Closing, and the Company agrees to sell and issue to each Buyer, at the Closing, in exchange for such Buyer’s portion of the Purchase Price, Debentures and Warrants in the amounts, set forth on such Buyer’s signature page hereto.

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