Common use of Purchase of Shares Closing Clause in Contracts

Purchase of Shares Closing. (a) Subject to the terms and conditions set forth in this Agreement, the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company on the Closing Date 150,000 Shares, which shall have the respective rights, preferences and privileges set forth in Exhibit A (the "Certificate of Designation"), at a price per Share of $20 (the "Stated Value"). The aggregate "

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Vasomedical Inc)

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Purchase of Shares Closing. (a) Subject to the terms and conditions set forth in this Agreement, the Company shall issue and sell to the Purchaser, Purchasers and the Purchaser shall Purchasers shall, severally and not jointly, purchase from the Company on the Closing Date 150,000 Shares, which up to an aggregate of 18,875 Shares for an aggregate purchase price of $1,887,500. The Shares shall have the respective rights, preferences and privileges set forth in Exhibit A (the "Certificate of Designation"), at a price per Share of $20 (the "Stated Value"). The aggregate ".

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Palatin Technologies Inc)

Purchase of Shares Closing. (a) Subject to the terms and conditions set forth in this Agreement, the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company on the Closing Date 150,000 Shares, which shall have the respective rights, preferences and privileges set forth in Exhibit A (the "Certificate of Designation"), at a price per Share of $20 (the "Stated Value"). The aggregate "Purchase Price" for the Shares is $3,000,000.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Phoenix Network Inc)

Purchase of Shares Closing. (a) Subject to the terms and conditions set forth in this Agreement, the Company shall issue and sell to the Purchaser, Purchasers and the Purchaser Purchasers severally and not jointly shall purchase from the Company on Shares and the Closing Date 150,000 Shares, which Warrants in such number as is set forth in Section 2.1(c) for an aggregate purchase price of $3,750,000. The Shares shall have the respective rights, preferences and privileges set forth in Exhibit A (the "Certificate of Designation"), at a price per Share of $20 (the "Stated Value"). The aggregate ".

Appears in 1 contract

Samples: Registration Rights Agreement (Fonix Corp)

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Purchase of Shares Closing. (a) Subject to the terms and conditions set forth in this Agreement, the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company on the Closing Date 150,000 175,000 Shares, which shall have the respective rights, preferences and privileges set forth in Exhibit A (the "Certificate of Designation"), at a price per Share of $20 (the "Stated Value"). The aggregate "

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Vasomedical Inc)

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