Common use of Sale and Issuance of Common Stock Clause in Contracts

Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Buyer agrees to purchase, and the Seller agrees to sell and issue to the Buyer the number of shares of Common Stock equal to the quotient obtained by dividing $2,328,000 by the Fixed Price (the "Shares"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Audiovox Corp)

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Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Buyer Purchaser agrees to purchase, and the Seller Company agrees to sell and issue to the Buyer the number of Purchaser, Two Hundred Fifty Thousand (250,000) shares of Common Stock equal (the “Original Stock Issuance”), at a purchase price of Two Hundred Fifty Thousand Dollars ($250,000.00), a rate of $1.00 per share for the Common Stock. The shares of Common Stock issued to the quotient obtained by dividing $2,328,000 by Purchaser pursuant to this Agreement shall be hereinafter referred to as the Fixed Price (the "Shares"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 shares“Stock.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Dynamic Leisure Corp)

Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Buyer agrees to purchase, Investor hereby purchases and the Seller agrees Company hereby sells and issues to sell and issue to the Buyer the number of Investor 20,000 shares of Common Stock equal to the quotient obtained by dividing $2,328,000 by the Fixed Price (the "Original Shares") of the Company's Common Stock for the purchase price of $4.00 per share (such per share purchase price is hereinafter referred to as the "Original Per Share Purchase Price") for an aggregate price of $80,000 (the "Original Aggregate Purchase Price"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 shares.1.2

Appears in 1 contract

Samples: Stock Purchase Agreement (Gensia Inc)

Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Buyer agrees to purchasePurchaser hereby purchases, and the Seller agrees to sell Company hereby sells and issue issues to the Buyer Purchaser, $2,500,000 in shares of the number Company’s common stock, $0.01 par value (the “Common Stock”) for a per share price equal to the 90-day volume-weighted average price prior to the date of this Agreement, or 4,166,667 shares of Common Stock equal to the quotient obtained by dividing $2,328,000 by the Fixed Price (the "Shares"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Solitario Resources Corp.)

Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Buyer agrees to purchase, Investor hereby purchases and the Seller agrees Company hereby sells and issues to sell and issue to the Buyer the number of Investor 1,000,000 shares of Common Stock equal to the quotient obtained by dividing $2,328,000 by the Fixed Price (the "Original Shares") of the Company's Common Stock for the purchase price of $4.00 per share (such per share purchase price is hereinafter referred to as the "Original Per Share Purchase Price") for an aggregate price of $4,000,000 (the "Original Aggregate Purchase Price"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 shares.1.2

Appears in 1 contract

Samples: 2 Stock Purchase Agreement (Gensia Inc)

Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Buyer agrees to purchase, Investor hereby purchases and the Seller agrees Company hereby sells and issues to sell and issue to the Buyer the number of Investor 187,500 shares of Common Stock equal to the quotient obtained by dividing $2,328,000 by the Fixed Price (the "Original Shares") of the Company's Common Stock for the purchase price of $4.00 per share (such per share purchase price is hereinafter referred to as the "Original Per Share Purchase Price") for an aggregate price of $750,000 (the "Original Aggregate Purchase Price"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 shares.1.2

Appears in 1 contract

Samples: 6 Stock Purchase Agreement (Gensia Inc)

Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Buyer agrees to purchase, Investor hereby purchases and the Seller agrees Company hereby sells and issues to sell and issue to the Buyer the number of Investor 200,000 shares of Common Stock equal to the quotient obtained by dividing $2,328,000 by the Fixed Price (the "Original Shares") of the Company's Common Stock for the purchase price of $4.00 per share (such per share purchase price is hereinafter referred to as the "Original Per Share Purchase Price") for an aggregate price of $800,000 (the "Original Aggregate Purchase Price"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 shares.1.2

Appears in 1 contract

Samples: 9 Stock Purchase Agreement (Gensia Inc)

Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Buyer agrees to purchase, Investor hereby purchases and the Seller agrees Company hereby sells and issues to sell and issue to the Buyer the number of Investor 60,000 shares of Common Stock equal to the quotient obtained by dividing $2,328,000 by the Fixed Price (the "Original Shares") of the Company's Common Stock for the purchase price of $4.00 per share (such per share purchase price is hereinafter referred to as the "Original Per Share Purchase Price") for an aggregate price of $240,000 (the "Original Aggregate Purchase Price"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 shares.1.2

Appears in 1 contract

Samples: 7 Stock Purchase Agreement (Gensia Inc)

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Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Buyer agrees to purchase, Investor hereby purchases and the Seller agrees Company hereby sells and issues to sell and issue to the Buyer the number of Investor 140,000 shares of Common Stock equal to the quotient obtained by dividing $2,328,000 by the Fixed Price (the "Original Shares") of the Company's Common Stock for the purchase price of $4.00 per share (such per share purchase price is hereinafter referred to as the "Original Per Share Purchase Price") for an aggregate price of $560,000 (the "Original Aggregate Purchase Price"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 shares.1.2

Appears in 1 contract

Samples: 3 Stock Purchase Agreement (Gensia Inc)

Sale and Issuance of Common Stock. (a) Subject to the terms and conditions of this Agreement, the Buyer agrees to purchase, purchase at the Closing or pursuant to Section 1.3 hereof and the Seller Company agrees to sell and issue to Buyer at the Buyer the Closing or pursuant to Section 1.3 hereof, for an aggregate price of $800,000, that number of shares of Common Stock equal to the quotient obtained by dividing $2,328,000 by Company’s common stock (“Shares”) such that Buyer holds 51% of the Fixed Price (outstanding Company Shares on a fully-diluted basis following such purchase, which the "Shares"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 sharesparties believe will be 4,146,400.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aml Communications Inc)

Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Buyer agrees to purchase, Investor hereby purchases and the Seller agrees Company hereby sells and issues to sell and issue to the Buyer the number of Investor 62,500 shares of Common Stock equal to the quotient obtained by dividing $2,328,000 by the Fixed Price (the "Original Shares") of the Company's Common Stock for the purchase price of $4.00 per share (such per share purchase price is hereinafter referred to as the "Original Per Share Purchase Price") for an aggregate price of $250,000 (the "Original Aggregate Purchase Price"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 shares.1.2

Appears in 1 contract

Samples: 8 Stock Purchase Agreement (Gensia Inc)

Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Buyer agrees to purchase, Investor hereby purchases and the Seller agrees Company hereby sells and issues to sell and issue to the Buyer the number of Investor 500,000 shares of Common Stock equal to the quotient obtained by dividing $2,328,000 by the Fixed Price (the "Original Shares") of the Company's Common Stock for the purchase price of $4.00 per share (such per share purchase price is hereinafter referred to as the "Original Per Share Purchase Price") for an aggregate price of $2,000,000 (the "Original Aggregate Purchase Price"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 shares.1.2

Appears in 1 contract

Samples: Stock Purchase Agreement (Gensia Inc)

Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Buyer agrees to purchase, Investor hereby purchases and the Seller agrees Company hereby sells and issues to sell and issue to the Buyer the number of Investor 90,000 shares of Common Stock equal to the quotient obtained by dividing $2,328,000 by the Fixed Price (the "Original Shares") of the Company's Common Stock for the purchase price of $4.00 per share (such per share purchase price is hereinafter referred to as the "Original Per Share Purchase Price") for an aggregate price of $360,000 (the "Original Aggregate Purchase Price"). In consideration for such Shares, the Buyer agrees to pay the Seller a total of $2,328,000 for 352,194 shares.1.2

Appears in 1 contract

Samples: 4 Stock Purchase Agreement (Gensia Inc)

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