Purchase and Sale of Shares and Warrants. Subject to the satisfaction (or waiver) of the conditions to Closing set forth in this Agreement and the Escrow Agreement, each Subscriber shall purchase the Shares and Warrants for the portion of the Purchase Price indicated on the signature page hereto, and the Company shall sell such Shares and Warrants to the Subscriber. The Purchase Price for the Shares and Warrants shall be paid in cash. The entire Purchase Price shall be allocated to the Shares.
Purchase and Sale of Shares and Warrants. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Subscriber shall purchase shares of Common Stock in the amount designated on the signature page hereto for the portion of the purchase indicated on the signature page hereto at a per share price of $1.00, and the Warrants designated on the signature page, and the Company shall sell such shares of Common Stock and Warrants to such Subscriber.
Purchase and Sale of Shares and Warrants. (a) Purchaser hereby irrevocably agrees to purchase, and the Company hereby irrevocably agrees to sell to Purchaser 2,136,000 shares of Series B Common Stock, par value $0.0001 per share (“Shares”), of the Company and warrants to purchase 350,000 shares of Series B Common Stock of the Company (“Warrants”). The Warrants will entitle the holder to purchase, on the terms and conditions set forth in the Warrant Agreement governing the Warrant, shares of Series B Common Stock, par value $0.0001 of the Company (“Warrant Shares”) for $5.00 per Warrant Share (the “Warrant Price”), subject to adjustment as provided in the Warrant Agreement a copy of which is attached as Exhibit A (the “Warrant Agreement”).
Purchase and Sale of Shares and Warrants. Subject to the satisfaction (or waiver) of the conditions to Closing set forth in this Agreement, each Subscriber shall purchase the Shares and Warrants for the Purchase Price indicated on the signature page hereto, and the Company shall sell the Shares and Warrants called for by the above price to each Subscriber. The Purchase Price for the Shares and Warrants shall be paid in cash. On or before the Closing Date, each Purchaser shall deliver its portion of the Purchase Price by wire transfer to an account designated by the Company. The Company shall (i) deliver certificates for the number of Shares included in the Units to be purchased hereunder by each Subscriber, and (ii) deliver Warrants for the number of Warrants purchased hereunder by each Subscriber to such Subscriber. Each Subscriber understands that the Shares will not be issued until the shares of Common Stock into which they are convertible have been approved for listing by the American Stock Exchange, and the Warrant Shares will not be issued until they have been approved for listing by the American Stock Exchange. The Company will not issue fractional Units but will refund amounts in excess of the price of the nearest full number of Units which can be purchased with the purchase price tendered hereunder. The Closing will occur after the Company has received the Minimum Amount of subscriptions.
Purchase and Sale of Shares and Warrants. Subject to and upon the terms and conditions set forth in this Agreement, the Company agrees to issue and sell to each Purchaser, and each Purchaser hereby agrees, severally and not jointly, (i) to purchase from the Company, at the Closing, the number of Units representing the number of Shares and Warrants to acquire Warrant Shares set forth opposite such Purchaser’s name on Schedule 1 hereto, at the Unit Price and (ii) to pay the purchase price set forth opposite such Purchaser’s name on Schedule 1 hereto. The Purchasers and the Company agree that the Company may sell to other investors Units at the Unit Price in offerings (the “Other Offerings”) concurrent with the sale by the Company to the Purchasers hereunder; provided, however, that the terms and agreements provided to such other investors (or any other investor) relating to the Other Offerings shall not be more favorable than the terms and agreements provided to the Purchasers in the Transaction Documents. The aggregate purchase price payable, severally and not jointly, by the Purchasers under this Agreement and all the other investors under the Other Offerings, to the Company, whether directly or through release of funds pursuant to the terms of the Escrow Agreement, for all of the Units shall be a minimum of $65,000,000 and a maximum of $75,000,000.
Purchase and Sale of Shares and Warrants. The Company agrees to issue and sell to the Purchasers at the Closing (as hereinafter defined) and the Purchasers agree to purchase, severally but not jointly, the Shares and the Warrants, in the quantities set forth opposite each Purchaser's name in Schedule 1.1A. The terms of the Shares and the form of the Warrants are set forth in Schedules 1.1B and 1.1C, respectively. The Company shall not be obligated to issue and sell any of the Shares and the Warrants unless all of the Shares and Warrants are purchased.
Purchase and Sale of Shares and Warrants. On the Closing Date and at the Closing, Issuer shall: (a) sell, issue, and deliver to Investor or its assigns, free and clear of all Encumbrances, and Investor or its assigns shall purchase from Issuer for an aggregate purchase price of $1,000,000.50 (the "PURCHASE PRICE"), the Shares; and (b) issue and deliver to Investor or its assigns, free and clear of all Encumbrances, the Initial Warrants.
Purchase and Sale of Shares and Warrants. Subject to the satisfaction (or waiver) of the conditions to Closing set forth in this Agreement, each Subscriber shall purchase the Shares and Warrants for the Purchase Price indicated on the signature page hereto, and the Company shall sell the Shares and Warrants called for by the above formula price to the Subscriber. The Purchase Price for the Shares and Warrants shall be paid in cash. The Company shall (i) instruct its transfer agent to issue stock certificates for the number of Shares included in the Units to be purchased hereunder and to deliver such Shares to each Subscriber within 15 business days of the Closing Date, such Shares to be registered in the name of the Subscriber and (ii) deliver Warrants for the number of Warrants purchased hereunder to the Subscriber within said 15 business days. The Company will not issue fractional Units but will refund amounts in excess of the price of the nearest full number of Units which can be purchased with the purchase price tendered hereunder.
Purchase and Sale of Shares and Warrants. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Subscriber hereby irrevocably agrees to purchase the full number of Units, consisting of Shares and Warrants in the amounts designated on the signature page hereto at the Unit Purchase Price and the Company shall sell such Shares and Warrants to such Subscriber.
Purchase and Sale of Shares and Warrants. Upon the terms and subject to the conditions of this Agreement, at the Closing (as defined below), the Company agrees to sell to Investor, and Investor agrees to purchase from the Company units ("Units") consisting of (i) separately transferable shares of the Company's Common Stock (the "Shares") and (ii) warrants, in substantially the form attached hereto as EXHIBIT A, to purchase a number of shares of the Company's Common Stock (each a "Warrant" and collectively for all Investors, the "Warrants"), as set forth below Investor's name on the signature page hereto, on the basis of one hundred thousand (100,000) shares of Common Stock and Warrants to purchase fifty thousand (50,000) shares of Common Stock, at a purchase price of One Hundred Thousand Dollars ($100,000.00) per Unit (the "Per Unit Purchase Price"). All dollar amounts set forth in this Agreement shall be in United States Dollars.
