Common use of Sale and Issuance of Series A Preferred Stock Clause in Contracts

Sale and Issuance of Series A Preferred Stock. Subject to the terms of this Agreement, the Purchaser hereby purchases and the Company hereby sells and issues to the Purchaser 80,000 shares of the Series A Preferred Stock, par value $1,000.00 per share (the “Preferred Stock”), of the Company at a purchase price per share of $1,000.00 (the “Price Per Share”). The shares of Preferred Stock issued to the Purchaser pursuant to this Agreement shall be referred to in this Agreement as the “Shares”.

Appears in 2 contracts

Samples: Series a Preferred Stock Purchase Agreement (Alon USA Energy, Inc.), Series a Preferred Stock Purchase Agreement (Alon Israel Oil Company, Ltd.)

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Sale and Issuance of Series A Preferred Stock. Subject to the --------------------------------------------- terms and conditions of this Agreement, the Purchaser hereby purchases agrees to purchase, and the Company hereby sells agrees to sell and issues issue to the Purchaser Purchaser, 80,000 shares of the Company's Convertible Series A Preferred Stock, $.001 par value $1,000.00 per share (the "Series A Preferred Stock”), of the Company ") at a purchase price per share of $1,000.00 6.25 per share, or an aggregate purchase price of $500,000 (the “Price Per Share”"Purchase Price"). The shares of Series A Preferred Stock issued to the Purchaser pursuant to this Agreement shall be purchased hereunder are hereafter referred to in this Agreement as the "Shares."

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Helisys Inc), Preferred Stock Purchase Agreement (Cruttenden Walter W Iii)

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