Common use of Purchase of Preferred Shares Clause in Contracts

Purchase of Preferred Shares. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company the respective number of Preferred Shares set forth opposite such Buyer's name on the Schedule of Buyers (the "CLOSING"). The purchase price (the "PURCHASE PRICE") of the Preferred Shares at the Closing shall be $5,000,000.

Purchase of Preferred Shares. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company the respective number of Preferred Shares set forth opposite such Buyer's name on the Schedule of Buyers (the "CLOSING"). The purchase price (the "PURCHASE PRICE") of the Preferred Shares at the Closing shall be $5,000,00010,000,000.

Purchase of Preferred Shares. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 5 and 6 and 7 below, the Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company the respective number of Preferred Shares set forth opposite such Buyer's name on the Schedule of Buyers Buyers, (the "CLOSING"). The purchase price (the "PURCHASE PRICE") of each Share the Preferred Shares aggregate Purchase Price at the Closing shall be $5,000,000.is as set forth on SCHEDULE I.

Purchase of Preferred Shares. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below7, the Company shall issue and sell to each Buyer the Buyers and each Buyer the Buyers severally agrees to shall purchase from the Company an aggregate of 2,000 Preferred Shares, along with the related Warrants, in the respective number of Preferred Shares amounts set forth opposite such each Buyer's name on the Schedule of Buyers (the "CLOSING"). The purchase price (the "PURCHASE PRICE") of each Preferred Share and the Preferred Shares related Warrant at the Closing shall be $5,000,00010,000.

Purchase of Preferred Shares. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 6(a) and 7 7(a) below, the Company shall issue and sell to each Buyer the Buyers and each Buyer the Buyers severally agrees to shall purchase from the Company the respective number an aggregate of 5,000 Preferred Shares and Warrants to purchase an aggregate of 200,000 shares of Common Stock at the rate of one Preferred Share and a Warrant to purchase 40 shares of Common Stock for each $1,000 to be invested by such Buyer, as set forth opposite such each Buyer's name on the Schedule of Buyers (the "CLOSING"). The purchase price (the "PURCHASE PRICE") of the Preferred Shares at the Closing shall be $5,000,000.