Examples of RPI Shares in a sentence
Subject to the terms and conditions of this Agreement, at the Closing (as defined in Section 1.2), (i) Resco shall sell, and the Purchaser shall purchase, the WWTI Shares, and (ii) WMHI shall sell, and the Purchaser shall purchase, the RPI Shares, for an aggregate purchase price of $146,100,000 plus the Marsxxxx Xxxe Costs (the "INITIAL PURCHASE PRICE"), in each case payable as set forth below in Section 1.2 and subject to adjustment as provided in Section 1.2(b) and Section 1.3.
BRVO will issue and deliver the BRVO Shares in one or more certificates or direct registered shares account statements evidencing ownership thereof in exchange for the RPI Shares outstanding immediately prior to the effective time of the Exchange as provided in each Stock Subscription Agreement with the RPI Shareholders (each a “Subscription Agreement”).
The Company utilized $1,100,000 of such proceeds to repurchase 500,000 shares of Common Stock (the "RPI Shares") from a former stockholder of the Company.
The hysteresis is said to be saturated when the reversal (non-hysteretic) parts are horizontal.
The Company does not own or possess any Assets other than the RPI Shares.
Upon execution of this Agreement, XXXX shall amend any reports filed by it pursuant to Section 16 of the Securities Exchange Act of 1934 to reflect the return of any BRVO Shares and the related transfer of the RPI Shares.
All of the issued and outstanding RPI Shares have been duly authorized, are validly issued, fully paid, and nonassessable, and are held of record by the Sellers.
On the terms and subject to the conditions of this Agreement, the Buyer agrees to purchase from each Sellers, and each Seller agrees to sell to the Buyer, all of his respective RPI Shares for the consideration specified below in this Section 2.
The Seller holds of record and owns beneficially the number of RPI Shares set forth next to his name in Section 3(d) of the Disclosure Schedule, free and clear of any restrictions on transfer (other than any restrictions under the Securities Act and state securities laws), Security Interests, options, and warrants.
Resco wishes to sell the WWTI Shares to the Purchaser, WMHI wishes to sell the RPI Shares to the Purchaser and the Purchaser wishes to purchase the WWTI Shares and the RPI Shares.