Common use of Purchase and Sale of the Preferred Stock Clause in Contracts

Purchase and Sale of the Preferred Stock. Subject to and upon the terms and conditions set forth in this Agreement, at the Closing, the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 10,000 shares of Preferred Stock (the “Investment”) at a purchase price of $100,000 per share.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Constellation Energy Group Inc), Stock Purchase Agreement (Midamerican Energy Holdings Co /New/), Stock Purchase Agreement (Constellation Energy Group Inc)

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Purchase and Sale of the Preferred Stock. Subject to and upon the terms and conditions set forth in this Agreement, at the ClosingClosing (as defined below), the Company shall issue and sell to the PurchaserInvestor, and the Purchaser Investor shall purchase from the Company, 10,000 shares Company the $1,650,000 in aggregate principal amount of Preferred Stock (the “Investment”) at a purchase price equal to the par value of $100,000 per sharethe Preferred Stock.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Dinur & Associates Pc /Fa/), Securities Purchase Agreement (Diversified Corporate Resources Inc)

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