Common use of Purchase and Sale of Stock Clause in Contracts

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Million Dollars ($20,000,000) of the Company's Common Stock, $0.01 par value per share (the "Common Stock"), based on up to twelve (12) Draw Downs of up to Seven Million Dollars ($7,000,000) per Draw Down.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Aquis Communications Group Inc), Common Stock Purchase Agreement (Aquis Communications Group Inc), Common Stock Purchase Agreement (Aquis Communications Group Inc)

AutoNDA by SimpleDocs

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Million Dollars twenty-five million dollars ($20,000,00025,000,000) of the Company's Common StockStock (the "Commitment Amount"), $0.01 0.001 par value per share (the "Common Stock"), and the Warrants, based on up to twelve (12) Draw Downs of up to Seven Million Dollars six million dollars ($7,000,0006,000,000.00) per Draw Down.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Calypte Biomedical Corp), Stock Purchase Agreement (Calypte Biomedical Corp), Stock Purchase Agreement (Calypte Biomedical Corp)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Twenty-Four Million Dollars ($20,000,00024,000,000) of the Company's Common Stock, $0.01 0.03 par value per share (the "Common Stock"), based on up to twelve (12) Draw Downs of up to Seven Two Million Dollars ($7,000,0002,000,000) per Draw Down.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (McGlen Internet Group Inc), Common Stock Purchase Agreement (McGlen Internet Group Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may sell and issue and sell to the Purchaser and the Purchaser shall be obligated to purchase from the Company up to Twenty Million Dollars (an aggregate purchase price of $20,000,000) 5,000,000 of the Company's Common StockStock (the "Commitment Amount"), $0.01 .001 par value per share (the "Common Stock"), ) based on up to twelve (12) Draw Downs of up to Seven Million Dollars ($7,000,000) per Draw Downthe Puts.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Pro Net Link Corp), Common Stock Purchase Agreement (Pro Net Link Corp)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Million Dollars five million dollars ($20,000,0005,000,000) of the Company's Common StockStock (the "Commitment Amount"), $0.01 0.001 par value per share (the "Common Stock"), and the Warrants, based on up to twelve (12) Draw Downs of up to Seven Five Million Dollars ($7,000,0005,000,000.00) per Draw Down.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Famous Fixins Inc), Common Stock Purchase Agreement (Famous Fixins Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Million Dollars ($20,000,000) 10,000,000 of the Company's Common StockStock (the "Commitment Amount"), $0.01 .01 par value per share (the "Common Stock"), based on up to twelve (12) Draw Downs of up to Seven Million Dollars ($7,000,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Lj International Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may sell and issue and sell to the Purchaser and the Purchaser shall be obligated to purchase from the Company up to Twenty Million Dollars an aggregate purchase price of thirty million dollars ($20,000,00030,000,000) of the Company's Common StockStock (the "Commitment Amount"), $0.01 0.001 par value per share (the "Common Stock"), and the Warrant, based on up to twelve (12) Draw Downs of up to Seven Million Dollars two million dollars ($7,000,0002,000,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Surgilight Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty One Hundred Million Dollars ($20,000,000100,000,000) of the Company's Common Stock, $0.01 0.001 par value per share (the "Common Stock"), based on up to twelve eighteen (1218) Draw Downs of up to Seven Ten Million Dollars ($7,000,00010,000,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Dauphin Technology Inc)

Purchase and Sale of Stock. Subject to the terms and -------------------------- conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Million Dollars ten million dollars ($20,000,00010,000,000) of the Company's Common StockStock (the "Commitment Amount"), $0.01 par value per share (the "Common Stock"), based on up to twelve (12) Draw Downs of up to Seven Million Dollars two million dollars ($7,000,0002,000,000.00) per Draw Down.

Appears in 1 contract

Samples: Escrow Agreement (Hollis Eden Pharmaceuticals Inc /De/)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may will issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Million Dollars two million five hundred thousand dollars ($20,000,0002,500,000) of the Company's Common StockStock (the "Commitment Amount"), $0.01 par value per share (the "Common Stock"), based on up . The maximum number of Shares which the Company shall sell to twelve the Purchaser shall be two million four hundred fifty thousand nine hundred eighty (12) Draw Downs of up to Seven Million Dollars ($7,000,000) per Draw Down2,450,980).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Viragen Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Fifty Million Dollars ($20,000,00050,000,000)(the "Commitment Amount") of the Company's Common Stock, $0.01 0.001 par value per share (the "Common Stock")) and the Warrants, based on up to twelve eighteen (1218) Draw Downs of up to Seven Five Million Dollars ($7,000,0005,000,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Generex Biotechnology Corp)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Million Dollars one million ($20,000,0001,000,000) shares of the Company's Class A Common StockStock (the "Commitment Amount"), $0.01 0.0001 par value per share (the "Common Stock")) and the Warrants, based on up to twelve (12) Draw Downs of up to Seven One Million Five Hundred Thousand Dollars ($7,000,0001,500,000) per Draw DownDown (as defined below).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Cavion Technologies Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company in its sole discretion may issue and sell to the Purchaser and the Purchaser when requested by the Company shall purchase from the Company up to Twenty Thirteen Million Five Hundred Thousand Dollars $13,500,000 ($20,000,000the "Commitment Amount") of the Company's Common Stock, $0.01 par value per share (the "Common Stock"), based on up to twelve (12) 18 Draw Downs of up to Seven Million Hundred Fifty Thousand Dollars ($7,000,000) 750,000 per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Ameriquest Technologies Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Forty-Eight Million Dollars ($20,000,00048,000,000) of the Company's Common StockStock (the "Commitment Amount"), $0.01 0.001 par value per share (the "Common Stock")) and the Warrants, based on up to twelve (12) Draw Downs of up to Seven Three Million Dollars ($7,000,0003,000,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (A B Watley Group Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Million Dollars twelve million dollars ($20,000,00012,000,000) of the Company's Common StockStock (the "Commitment Amount"), $0.01 no par value per share (the "Common Stock"), and the Warrants, based on up to twelve (12) Draw Downs of up to Seven Million Dollars one million dollars ($7,000,0001,000,000.00) per Draw Down.

Appears in 1 contract

Samples: Stock Purchase Agreement (Advanced Communications Technologies Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Million Dollars ($20,000,000) 72,000,000 of the Company's Common Stockcommon stock, $0.01 .01 par value per share (the "Common Stock"), based on up to twelve (12) Draw Downs in accordance with Section 6.1. In no event shall the amount of up Common Stock required to Seven Million Dollars (be purchased by the Purchaser exceed $7,000,000) 6,000,000 per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Geltex Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Million Dollars ($20,000,000) 48,000,000 of the Company's Common Stockcommon stock, $0.01 .001 par value per share (the "Common Stock"), based on up to twelve (12) Draw Downs of up to Seven Million Dollars ($7,000,000) 4,000,000 per Draw Down. In no event shall the amount of Common Stock purchased by the Purchaser exceed $4,000,000 per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Aviron)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Million Dollars ($20,000,000) 4,000,000 shares of the Company's Common StockStock (the "Commitment Amount"), $0.01 0.001 par value per share (the "Common Stock"), and the Warrants, based on up to twelve (12) Draw Downs of up to Seven One Million Dollars ($7,000,0001,000,000.00) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Bionutrics Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company (i) up to Twenty Twenty-four Million Dollars ($20,000,00024,000,000) of the Company's Common Stock, $0.01 no par value per share (the "Common Stock"), based on up to twelve (12) Draw Downs of up to Seven Two Million Dollars ($7,000,0002,000,000) per Draw Down, and (ii) the warrants in accordance with section 5.2(f).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Pawnbroker Com Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Million Dollars forty million dollars ($20,000,00040,000,000) (the "Commitment Amount") of the Company's shares of Common Stock, $0.01 0.001 par value per share (the "Common Stock"), based on up to twelve (12) Draw Downs of up to Seven Million Dollars ($7,000,000) per Draw Down.the

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Beyond Com Corp)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may sell and issue and sell to the Purchaser and the Purchaser shall be obligated to purchase from the Company up to Twenty Million Dollars an aggregate purchase price of fifty million dollars ($20,000,00050,000,000) of the Company's Common StockStock (the "Commitment Amount"), $0.01 0.001 par value per share (the "Common Stock"), and the Warrant, based on up to twelve (12) Draw Downs of up to Seven Million Dollars one million five hundred thousand dollars ($7,000,0001,500,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (World Wide Wireless Communications Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Fifty Million Dollars ($20,000,00050,000,000) of the Company's Common Stock, $0.01 par value per share (the "Common Stock"), based on up to twelve (12) Draw Downs of up to Seven Four Million Dollars ($7,000,0004,000,000), subject to adjustment pursuant to Section 6.1(c) herein, per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Nhancement Technologies Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Five Million Dollars ($20,000,0005,000,000) of the Company's Common Stock, $0.01 0.001 par value per share (the "Common Stock"), based on up to twelve eighteen (1218) Draw Downs of up to Seven Million Six Hundred Thousand Dollars ($7,000,000600,000) per Draw Down.

Appears in 1 contract

Samples: Registration Rights Agreement (Waverider Communications Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Forty Million Dollars ($20,000,00040,000,000) of the Company's Common Stock, $0.01 par value per share (the "Common Stock"), based on up to twelve (12) Draw Downs of up to Seven Four Million Dollars ($7,000,0004,000,000) per Draw Down.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Mortgage Com Inc)

Purchase and Sale of Stock. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to Twenty Ten Million Dollars ($20,000,000) 10,000,000 of the Company's Common Stock, $0.01 0.015 par value per share (the "Common Stock"), based on up to twelve (12) 12 Draw Downs of up to Seven Five Million Dollars ($7,000,0005,000,000) per Draw Down.

Appears in 1 contract

Samples: Escrow Agreement (First Priority Group Inc)

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