Common use of Purchase of Preferred Shares and Warrants Clause in Contracts

Purchase of Preferred Shares and Warrants. The Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such number of shares of Series A Preferred Stock (collectively, together with any Preferred Stock issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the "Preferred Shares") and number of Warrants for the aggregate purchase price (the "Purchase Price") as is set forth immediately below such Buyer's name on the signature pages hereto. The aggregate number of Preferred Shares to be issued at the Closing (as defined below) is Fifteen Thousand (15,000) and the aggregate number of Warrants to be issued at the Closing is One Hundred Fifty Thousand (150,000), for an aggregate purchase price of Fifteen Million Dollars ($15,000,000).

Appears in 1 contract

Samples: Securities Purchase Agreement (Technical Chemicals & Products Inc)

AutoNDA by SimpleDocs

Purchase of Preferred Shares and Warrants. The Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such number of shares of Series A B Preferred Stock (collectively, together with any Preferred Stock issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the "Preferred Shares") and number of Warrants for the aggregate purchase price (the "Purchase Price") as is set forth immediately below such Buyer's name on the signature pages hereto. The aggregate number of Preferred Shares to be issued at the Closing (as defined below) is Fifteen One Thousand Two Hundred (15,0001,200) and the aggregate number of Warrants to be issued at the Closing is One Two Hundred Fifty Forty Thousand (150,000240,000), for an aggregate purchase price of Fifteen One Million Two Hundred Thousand Dollars ($15,000,0001,200,000).

Appears in 1 contract

Samples: Securities Purchase Agreement (Metropolitan Health Networks Inc)

Purchase of Preferred Shares and Warrants. The Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such number of shares of Series A M Preferred Stock (collectively, together with any Preferred Stock issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the "Preferred Shares") and number of Warrants for the aggregate purchase price (the "Purchase Price") as is set forth immediately below such Buyer's name on the signature pages hereto. The aggregate number of Preferred Shares to be issued at the Closing (as defined below) is Fifteen Thousand Seven Hundred Fifty (15,000750) and the aggregate number of Warrants to be issued at the Closing is One Hundred Fifty Thirty Thousand (150,00030,000), for an aggregate purchase price of Fifteen Million Seven Hundred Fifty Thousand Dollars ($15,000,000750,000).

Appears in 1 contract

Samples: Securities Purchase Agreement (Amnex Inc)

Purchase of Preferred Shares and Warrants. The Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such number of shares of Series A B Preferred Stock (collectively, together with any Preferred Stock issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the "Preferred Shares") and number of Warrants for the aggregate purchase price (the "Purchase Price") as is set forth immediately below such Buyer's name on the signature pages hereto. The aggregate number of Preferred Shares to be issued at the Closing (as defined below) is Fifteen Five Thousand (15,0005,000) and the aggregate number of Warrants to be issued at the Closing is One Hundred Fifty Thousand (150,00050,000), for an aggregate purchase price of Fifteen Five Million Dollars ($15,000,0005,000,000).

Appears in 1 contract

Samples: Securities Purchase Agreement (Sigma Designs Inc)

AutoNDA by SimpleDocs

Purchase of Preferred Shares and Warrants. The Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such number of shares of Series A Preferred Stock (collectively, together with any Preferred Stock issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the "Preferred Shares") and such number of Warrants for the aggregate purchase price (the "Purchase Price") as is set forth immediately below such Buyer's =s name on the signature pages hereto. The aggregate number of Preferred Shares to be issued at the Closing (as defined below) is Fifteen Ten Thousand (15,00010,000) and the aggregate number of Warrants to be issued at the Closing is One Two Hundred Fifty Thousand Twenty Four Thousand, Seven Hundred Nineteen (150,000224,719), for an aggregate purchase price of Fifteen Ten Million Dollars ($15,000,00010,000,000).

Appears in 1 contract

Samples: Securities Purchase Agreement (Saba Petroleum Co)

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