Common use of Purchase Price Closing Clause in Contracts

Purchase Price Closing. Upon the terms and subject to the satisfaction or waiver of the conditions set forth in Sections 2.2 and 2.3, the Company agrees to sell and Imperium agrees to purchase the Note, 200,000 shares of Common Stock and 3,000 shares of Series C Preferred Stock for an aggregate purchase price of $10,000,000 (the “Purchase Price”). The closing of such purchase and sale is hereinafter referred to as the “Closing”, and the date on which the Closing occurs is hereinafter referred to as the “Closing Date”. The Closing will be deemed to occur at the offices of Xxxxxx Song & Xxxxxxx LLP, 000 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, when each of the conditions to the Closing described in Sections 2.2 and 2.3 has been satisfied or waived as specified therein.

Appears in 1 contract

Samples: Securities Purchase Agreement (Integrated Biopharma Inc)

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Purchase Price Closing. Upon the terms and subject to the satisfaction or waiver of the conditions set forth in Sections 2.2 and 2.3, the Company agrees to sell sell, and Imperium agrees to purchase purchase, a Note in the Note, 200,000 shares stated principal amount of Common Stock $552,356.53 and 3,000 shares of Series C Preferred Stock the Warrant for an aggregate the purchase price of $10,000,000 500,000 (the “Purchase Price”). The closing of such purchase and sale is hereinafter referred to as the “Closing”, and the date on which the Closing occurs is hereinafter referred to as the “Closing Date”. The Closing will be deemed to occur at the offices of Xxxxxx Mxxxxx Song & Xxxxxxx Bxxxxxx LLP, 000 700 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, when each of the conditions to the Closing described in Sections 2.2 and 2.3 has been satisfied or waived as specified therein.

Appears in 1 contract

Samples: Securities Purchase and Loan Agreement (Echo Therapeutics, Inc.)

Purchase Price Closing. Upon the terms and subject to the satisfaction or waiver of the conditions set forth in Sections 2.2 and 2.3, the Company agrees to sell and Imperium Investor agrees to purchase the Note, 200,000 shares of Common Stock Note and 3,000 shares of Series C Preferred Stock for an aggregate purchase price of $10,000,000 7,500,000 (the “Purchase Price”). The closing of such purchase and sale is hereinafter referred to as the “Closing”, and the date on which the Closing occurs is hereinafter referred to as the “Closing Date”. The Closing will be deemed to occur at the offices of Xxxxxx Song & Xxxxxxx LLP, 000 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, when each of the conditions to the Closing described in Sections 2.2 and 2.3 has been satisfied or waived as specified therein.

Appears in 1 contract

Samples: Securities Purchase Agreement (Integrated Biopharma Inc)

Purchase Price Closing. Upon the terms and subject to the satisfaction or waiver of the conditions set forth in Sections 2.2 and 2.3, the Company agrees to sell and Imperium Investor agrees to purchase the Note, 200,000 shares of Common Stock Note and 3,000 shares of Series C Preferred Stock for an aggregate purchase price of $10,000,000 7,500,000 (the “Purchase Price”). The closing of such purchase and sale is hereinafter referred to as the “Closing”, and the date on which the Closing occurs is hereinafter referred to as the “Closing Date”. The Closing will be deemed to occur at the offices of Xxxxxx Song Mazzex Xxxx & Xxxxxxx LLPBradhxx XXX, 000 Xxxxx 708 Txxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, when xxxn each of the conditions to the Closing described in Sections 2.2 and 2.3 has been satisfied or waived as specified therein.

Appears in 1 contract

Samples: Securities Purchase Agreement (Integrated Biopharma Inc)

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Purchase Price Closing. Upon the terms and subject to the satisfaction or waiver of the conditions set forth in Sections 2.2 and 2.3, the Company agrees to sell and Imperium agrees to purchase the Note, 200,000 shares of Common Stock and 3,000 shares of Series C Preferred Stock for an aggregate purchase price of $10,000,000 9,836,666.67 (the “Purchase Price”). The closing of such purchase and sale is hereinafter referred to as the “Closing”, and the date on which the Closing occurs is hereinafter referred to as the “Closing Date”. The Closing will be deemed to occur at the offices of Xxxxxx Song Mazzex Xxxx & Xxxxxxx LLPBradhxx XXX, 000 Xxxxx 708 Txxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, when xxxn each of the conditions to the Closing described in Sections 2.2 and 2.3 has been satisfied or waived as specified therein.

Appears in 1 contract

Samples: Securities Purchase Agreement (Integrated Biopharma Inc)

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