Purchase of Purchased Shares. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 5 and 6 below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, agrees to purchase from the Company on the Closing Date (as defined below) the number of Purchased Shares as is set forth opposite such Buyer's name in column (3) on the Schedule of Buyers (the "CLOSING"). The Closing shall occur on the Closing Date at the offices of Xxxxxxx Xxxx & Xxxxx LLP, 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000.
Purchase of Purchased Shares. (a) Subject to the terms and provisions of this Agreement, the Corporation hereby grants the Subscriber the right (the "Right") to purchase from the Corporation the Purchased Shares. The Right shall be exercised, if at all, on or before the close of business (New York City time) on October 30, 1998 (the "Closing Date") by written notice by the Subscriber to the Corporation stating that the Subscriber is exercising the Right to purchase the Purchased Shares pursuant to this Section 1(a) (which notice may be given by fax as set forth in Section 6(b) hereto) and by delivery of the aggregate Purchase Price for the Purchased Shares as set forth in Section 1(b) below. In the event that the Right is not exercised as aforesaid, the Right shall automatically terminate and shall be of no further force or effect and neither party hereto shall have any rights, entitlements or obligations hereunder.
Purchase of Purchased Shares. The Vendor hereby agrees to sell to the Purchaser and the Purchaser hereby agrees to purchase from the Vendor the Purchased Shares for the consideration and upon the terms and conditions hereinafter set forth.
Purchase of Purchased Shares. At the Closing, and on the terms and subject to all of the conditions of this Agreement, Sellers will sell, transfer, assign and convey to Buyer, and Buyer will purchase and accept from Sellers, the Purchased Shares, free and clear of any and all Liens (except for Permitted Liens).
Purchase of Purchased Shares. At the Closing, upon the terms and conditions set forth in this Agreement, Buyer shall purchase all, but not less than all, of the Purchased Shares for a total purchase price (the "Purchase Price") equal to Fifteen Million Dollars ($15,000,000). The Purchase Price shall be paid by wire transfer of immediately available funds to an account designated by the Company in writing.
Purchase of Purchased Shares. (a) Subject to the terms and provisions of this Agreement, the Subscriber agrees to purchase from the Corporation, and the Corporation agrees to issue to the Subscriber, the Purchased Shares as provided below.
Purchase of Purchased Shares. At the Closing, subject to the terms and conditions of this Agreement, Buyer shall purchase and accept from the Sellers and the Sellers shall sell, transfer and deliver to Buyer, the Purchased Shares, in exchange for the Purchase Price as provided in Section 1.2 and Section 1.4.
Purchase of Purchased Shares. On the Closing Date (as defined below), the Company shall issue and sell to Investors, and each of the Investors agree to purchase from the Company, the Purchased Shares for an aggregate purchase price of Two Hundred Nineteen Thousand Dollars ($219,000) (the “Purchase Price”) as set forth on the signature page below. Investors shall pay their allotted portion of the Purchase Price by wire transfer of immediately available funds to the Company, in accordance with the Company’s written wiring instructions, against delivery of the Purchased Shares and the Company shall deliver such Purchased Shares to such Investors, against delivery of such Purchase Price.
Purchase of Purchased Shares. Subject to the terms and conditions set forth in this Agreement, the Vendors hereby sell, assign and transfer to the Purchaser, and the Purchaser hereby purchases from the Vendors, the Purchased Shares.
Purchase of Purchased Shares. In the event Executive’s employment shall terminate for any reason on or before the end of the Window Period, the Company or the Parent, within 30 days following the Date of Termination, shall purchase the Purchased Shares for the total purchase price paid by Executive and pay to Executive such purchase price by check or wire transfer of funds upon delivery by the Executive of the certificates for such Purchased Shares.
