Common use of Purchase Fee Clause in Contracts

Purchase Fee. An amount equal to the aggregate sum of one percent (1%) of the Liquidation Preference (as defined in the Series A Preferred Articles Supplementary) of all of Series A Preferred Shares being issued to the Purchaser at the Closing.

Appears in 1 contract

Sources: Securities Purchase Agreement (Landmark Apartment Trust of America, Inc.)

Purchase Fee. An amount equal to the aggregate sum of one percent (1%) of the Liquidation Preference (as defined in the Series A Preferred applicable Articles Supplementary) of all of Series A Preferred Shares being issued to the such Purchaser at the Closing.

Appears in 1 contract

Sources: Securities Purchase Agreement (Landmark Apartment Trust of America, Inc.)