Common use of Purchaser’s Option Clause in Contracts

Purchaser’s Option. Notwithstanding any provision of this Agreement to the contrary, Purchaser may, at any time with two years from the date of this Agreement, require the Company to sell to Purchaser, consistent with Sections 1(a) and (b) above, shares of Series E Preferred Stock remaining available hereunder in increments of 50,000 shares on two weeks prior written notice to the Company.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (Health Systems Solutions Inc)

Purchaser’s Option. Notwithstanding any provision of this Agreement to the contrary, Purchaser may, at any time with two years from the date of this Agreement, require the Company to sell to Purchaser, consistent with Sections 1(a) and (b) above, shares of Series E D Preferred Stock remaining available hereunder in increments of 50,000 shares on two weeks prior written notice to the Company.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (Health Systems Solutions Inc)

Purchaser’s Option. Notwithstanding any provision of this Agreement to the contrary, Purchaser may, at any time with two years from the date of this Agreement, require the Company to sell to Purchaser, consistent with Sections 1(a) and (b) above, shares of Series E C Preferred Stock and the accompanying Warrants remaining available hereunder in increments of 50,000 shares on two weeks prior written notice to the Company.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (Health Systems Solutions Inc)