Subscription and Purchase Price Clause Samples
The 'Subscription and Purchase Price' clause defines the terms under which a party subscribes to or purchases shares, units, or other interests in a company or fund, and specifies the price to be paid for such interests. Typically, this clause outlines the number of securities being acquired, the price per unit, and the total amount payable, as well as the timing and method of payment. Its core function is to ensure both parties have a clear, mutual understanding of the financial terms of the transaction, thereby preventing disputes over payment obligations and ownership rights.
Subscription and Purchase Price. (a) The total sum of the Purchase Price plus the Subscription Price for the ▇▇▇▇▇▇▇▇ Shares shall be Reais Equivalent to U.S.$114,000,000.00 (One hundred fourteen Million U.S. Dollars plus R$8,000,000 (eight million Reais). Such payments shall not be adjusted by profits and losses of the Newco (in the ordinary course of business) as of the date of the Transfer of the Business.
i. The amount of the Subscription Price to be paid by ▇▇▇▇▇▇▇▇ to Newco in consideration for the ▇▇▇▇▇▇▇▇ Subscribed Shares shall be Reais Equivalent to U.S.$ 79,000,000 (the “Subscription Price”).
ii. The amount of the Subscription Price equal to Reais Equivalent to approximately U.S.$710,000 shall be allocated to the stock capital account of Newco and the remaining amount of the Subscription Price shall be allocated to the capital reserve of Newco (the “Premium Reserve”).
iii. The amount of the purchase price to be paid by ▇▇▇▇▇▇▇▇ to VCP in consideration for the ▇▇▇▇▇▇▇▇ Acquired Shares (the “Purchase Price”) shall be Reais Equivalent to U.S.$ 35,000,000 plus R$8,000,000 (eight million Reais).
Subscription and Purchase Price. I hereby subscribe for ____________ preferred units of COR Development units of ownership at $10.00 per unit. I hereby subscribe for ____________ common units of COR Development=s units of ownership at $10.00 per unit. [NOTE TO INVESTORS: YOU MUST MAKE A MINIMUM INVESTMENT OF $1,000.00.] Simultaneously with the execution and delivery of this Subscription Agreement to COR Development, I am delivering a check made payable for the full amount of $____________ to COR Development, LLC.
Subscription and Purchase Price. The undersigned ("Subscriber") hereby subscribes to _____________ shares of common stock, no par value ("Shares") of The Buck A Day Company Inc. ("Company"), a Canadian company organized under the laws of the Province of Ontario. The purchase price for the shares shall be $________________ USD in the aggregate. Such consideration shall be paid upon the execution of this Agreement.
Subscription and Purchase Price. Ma’aden (directly or through a subsidiary) shall purchase new common stock from Ivanhoe Electric at a price per share of USD 12.38. The Strategic Investment by Ma’aden will represent a 9.9% shareholding in Ivanhoe Electric on a basic basis at the closing of the transaction. Ma’aden will have the right, in accordance with Clause 6 below, to subscribe for additional shares of common equity in certain circumstances.
Subscription and Purchase Price. The Investor hereby irrevocably subscribes for and agrees to purchase from the Issuer the number of Shares set forth on the signature page of this Subscription Agreement on the terms and subject to the conditions provided for herein. The Subscription Amount will be paid by Investor as follows: (i) $3,924,976 of the Subscription Amount shall be satisfied by the contribution by the Investor to the Issuer of that certain ▇▇▇▇▇▇▇ and Restated Promissory Note, dated as of December 30, 2022, by and between SPAC and the Investor in the principal amount of $3,924,976 (the “Promissory Note”), which reflect borrowings through the date hereof; (ii) $360,000 of the Subscription Amount shall be satisfied by the settlement of administrative fees receivables in the aggregate amount of $360,000 (the “Administrative Fee Receivable”) owed by the SPAC to Investor (the aggregate amount of (i) and (ii) collectively, the “Contribution and Settlement Amount”); and (iii) the payment by Investor to Issuer of the aggregate amount of cash equal to $2,057,313 (the “Cash Subscription Amount” and together with the Contribution and Settlement Amount, the “Purchase Price”). The Investor acknowledges and agrees that the Issuer reserves the right to accept or reject the Investor’s subscription for the Shares for any reason or for no reason, in whole or in part, at any time prior to its acceptance, and the same shall be deemed to be accepted by the Issuer only when this Subscription Agreement is signed by a duly authorized person by or on behalf of the Issuer; the Issuer may do so in counterpart form.
Subscription and Purchase Price i. Subject to the conditions set forth in Section 2 hereof, the Subscriber hereby subscribes for and agrees to purchase the number of Shares indicated in the above recitals hereof on the terms and conditions described herein.
ii. The Subscriber understands and acknowledges that the purchase price to be remitted to the Company in exchange for the Shares is $1.00 per Share, for an Aggregate Purchase Price as set forth in the above recitals hereof. The Subscriber’s delivery of this Agreement to the Company shall be accompanied by payment for the Shares subscribed for hereunder, payable in United States Dollars, delivered to the Company in the manner proscribed in the Private Placement Memorandum. The Subscriber understands and agrees that, subject to Section 2 and applicable laws, by executing this Agreement, the Subscriber is entering into a binding agreement.
Subscription and Purchase Price. (a) Offering. The Company will raise up to C$2,000,000 by the Final Closing Date (as defined below).
Subscription and Purchase Price