Common use of Sale of Preferred Shares Clause in Contracts

Sale of Preferred Shares. Upon receipt by the Company of the ------------------------ purchase price therefor, the Company hereby issues and sells to each Investor, and each Investor hereby purchases from the Company, in one or more closings as provided herein, the number of Preferred Shares set forth opposite such Investor's name on Schedule A hereto.

Appears in 3 contracts

Samples: 1991 Preferred Stock Purchase Agreement (Tsi International Software LTD), Preferred Stock Purchase Agreement (Tsi International Software LTD), Preferred Stock Purchase Agreement (Tsi International Software LTD)

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Sale of Preferred Shares. Upon receipt by the Company of the ------------------------ purchase price thereforprice, the Company hereby issues and sells to each Investor, and each Investor hereby purchases from the Company, in one or more closings as provided herein, the number of Preferred Shares set forth opposite such Investor's name on Schedule A hereto.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Tsi International Software LTD), 1991 Preferred Stock Purchase Agreement (Tsi International Software LTD), Preferred Stock Purchase Agreement (Tsi International Software LTD)

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