Second Purchase Sample Clauses
The "Second Purchase" clause defines the terms and conditions under which a buyer may make an additional purchase from the seller after the initial transaction. Typically, this clause outlines the timeframe, pricing, and any special conditions that apply to the subsequent purchase, such as discounts, minimum order quantities, or product specifications. Its core practical function is to provide a clear framework for repeat business, ensuring both parties understand their rights and obligations regarding future transactions and reducing the potential for misunderstandings.
Second Purchase. Solely in the event that ▇▇▇▇▇▇▇ has consummated the First Purchase (unless otherwise mutually agreed by the Parties), Bridger (or an affiliate thereof) shall have the right, but not the obligation, at any time during the first thirty-six (36) months following the Effective Date (the date of such 36-month anniversary, the “Second Purchase Date”, and such 36-month period, the “Second Purchase Period”), to purchase both (and only both, unless mutually agreed upon by the Parties) of Aircraft 3 and Aircraft 4 from Owner (the “Second Purchase”), for aggregate consideration equal to the Second Payment (as defined below), by delivery of an irrevocable written notice to Owner on or prior to the Second Purchase Date (a “Second Purchase Election Notice”). If ▇▇▇▇▇▇▇ fails to deliver a Second Purchase Election Notice in accordance with this Section 3.2, all of its rights with respect to the Second Purchase shall terminate.
Second Purchase. 1.1 Section 7.2 Put Price.......................................................
Second Purchase. Arlington has a second option to buy one Hotel of its choice and another Hotel which Lessor chooses, with both purchases (the "Second Purchase Option") to be closed by June 5, 2002. Lessor will identify the second property it selects to be purchased by Arlington (the "Second Selection") at the closing of the First Selection.
(a) If Arlington completes both the Initial Purchase Option and the Second Purchase Option by their respective deadlines described above, the rent increase referred to set forth in Section 3.2 effective June 30, 2002 will not go into effect and be eliminated null and void.
Second Purchase. At the Second Closing, ViroPharma will --------------- sell to AHPC and AHPC will purchase from ViroPharma that whole number of shares (rounded down to the nearest share) of Common Stock (the "Second Shares") determined by dividing Three Million Dollars ($3,000,000) (the "Second Purchase Price") by an amount equal to (a) ************************ of the Deemed Market Price if the Deemed Market Price is less than or equal to Twelve Dollars ($12) per share; (b) ************************ of the Deemed Market Price if the Deemed Market Price is greater than Twelve Dollars ($12) per share and less than or equal to Sixteen Dollars ($16) per share; or (c) ************************ of the Deemed Market Price if the Deemed Market Price is greater than Sixteen Dollars ($16) per share.
Second Purchase. Subject to the satisfaction (or waiver) of the terms and conditions set forth herein, the Company shall issue and sell to the Buyers, and Buyers shall purchase from the Company, that number of Securities with an aggregate Purchase Price equal to One Hundred and Fifty Million Dollars ($150,000,000) (the “Second Purchase Amount”), and in the amounts for each Buyer set forth on Exhibit E, provided, however, that in lieu of delivering to Buyer the number of Purchase Shares and Warrants to which such Buyer is entitled, the Company shall deliver to the Buyer a convertible note in the form attached hereto as Exhibit F (a “Note”) such that the principal amount of the Note is equal to the Purchase Amount paid by such Buyer (the “Second Purchase”). The Second Purchase Amount shall be paid and the issuance of the Note pursuant to the Second Purchase shall occur (the “Second Closing”) on November 15, 2022 (the “Second Closing Date”).
Second Purchase. At the Second Closing (as defined herein), upon the terms and subject to the conditions hereinafter set forth, the Corporation will sell to the Purchaser and the Purchaser shall purchase from the Corporation an additional one million newly-issued shares of Convertible Preferred Stock (the "Additional Shares") at a purchase price of $10.00 per share and $10,000,000 in the aggregate. The Conversion Price set forth in the Certificate of Designations for the shares of Convertible Preferred Stock to be issued at the Second Closing will be adjusted and/or reset to the same extent as though such additional Preferred Shares had been issued at the First Closing.
Second Purchase