The Purchase. The Shareholder hereby agrees to sell to InvestCo and InvestCo hereby agrees to purchase from the Shareholder the Common Stock for shares of InvestCo common stock (the “InvestCo Stock”) and cash (the “InvestCo Cash”) as follows:
The Purchase. Subject to the satisfaction or waiver of the conditions set forth in this Agreement, at the Closing (as defined below) and as of the Closing Date (as defined below), Seller shall sell to Buyer and Buyer shall purchase from Seller, the Stock.
The Purchase. Upon the terms and subject to the conditions of this Agreement,
The Purchase. (i) All conditions precedent to, and all consents necessary to permit, the Purchase pursuant to the Purchase Documents have been satisfied or delivered, or waived with the prior written consent of the Lender, and no material breach of any term or provision of any Purchase Document has occurred and no action has been taken by any competent authority which restrains, prevents or imposes material adverse conditions upon, or seeks to restrain, prevent or impose material adverse conditions upon, the Purchase or the making of the Supplemental Term Loan hereunder.
The Purchase. (a) On the terms and subject to the conditions set forth in this Agreement, contemporaneous with the execution of this Agreement, Iliad shall sell, assign, transfer and deliver to the Purchasers the Purchased Assets, free and clear of all Liens and known claims of any kind, nature, or description effective as of the Effective Date. Each of the Parties represents, warrants and agrees that the aggregate purchase price for the Purchased Assets is $2,300,000 (the “Purchase Price”). Each of Iliad and the Purchasers will be responsible for its own costs and expenses, including legal fees.
The Purchase. 4.1. Cardmember must use a valid Card when making a Purchase.
The Purchase. At the Closing, subject to the terms and conditions hereof, (a) Mitsui Japan shall purchase (the “Mitsui Japan Purchase”) from the Company, and the Company shall sell to Mitsui Japan, 3,240,000 shares of Common Stock of the Company (the “Mitsui Japan Securities”) at a purchase price of $29.49 per share and an aggregate purchase price of $95,547,600 (the “Mitsui Japan Purchase Price”) payable at the Closing, and (b) Mitsui USA shall purchase (the “Mitsui USA Purchase” and, together with the Mitsui Japan Purchase, the “Purchase”) from the Company, and the Company shall sell to Mitsui USA, 810,000 shares of Common Stock of the Company (the “Mitsui USA Securities” and, together with the Mitsui Japan Securities, the “Securities”) at a purchase price of $29.49 per share and an aggregate purchase price of $23,886,900 (the “Mitsui USA Purchase Price” and, together with the Mitsui Japan Purchase Price, the “Purchase Price”) payable at the Closing.
The Purchase. Section 3.01 of the Option and Purchase Agreement is amended to read in its entirety as follows:
The Purchase. As a result of Foreland exercising its Option as set forth in Article II of the Option and Purchase Agreement, (i) Foreland Refining shall sell to Foreland Asset all of the issued and outstanding stock of Petrosource Transportation and the Business Assets set forth in subparagraphs (a), (b), (k), and (n) below that are owned by it; and (ii) after completion of the sale of assets contemplated by subparagraph (i) and the distribution of the proceeds from such sale to Petro Source Corporation, Petro Source Corporation shall sell, and Foreland shall purchase, all of the issued and outstanding stock of Foreland Refining. References in this Agreement to the acquisition of the Business and Business Assets shall be read to mean the acquisition of the Business and Business Assets through the purchase of the assets to be sold to Foreland Asset and the subsequent purchase of the issued and outstanding stock of Foreland Refining. The Business and Business Assets shall, subject to the Excluded Assets identified in Section 3.02, consist of the following:
The Purchase. At the Closing, subject to the terms and conditions hereof, (i) Mitsui Japan shall sell to the Purchaser, and the Purchaser shall purchase from Mitsui Japan, 883,197 shares of Common Stock of the Company as further described on Schedule I attached hereto (the “Mitsui Japan Securities”) at a per share cash purchase price equal to the Per Share Market Value set forth in Section 1.2, for an aggregate purchase price of $39,999,992.13 (the “Mitsui Japan Securities Purchase Price”) and (ii) Mitsui USA shall sell to the Purchaser, and the Purchaser shall purchase from Mitsui USA, 220,799 shares of Common Stock of the Company as further described on Schedule II attached hereto (the “Mitsui USA Securities”; together with the Mitsui Japan Securities, the “Securities”) at a per share cash purchase price equal to the Per Share Market Value set forth in Section 1.2, for an aggregate purchase price of $9,999,986.71 (the “Mitsui USA Purchase Price”; together with the Mitsui Japan Securities Purchase Price, the “Purchase Price”).
