FUTURE PURCHASES AND SALES OF SHARES Sample Clauses

FUTURE PURCHASES AND SALES OF SHARES. 2.1 Future Sales of Common Shares. Sellers jointly will have the right (the “Put Right”), but not the obligation, to convey, transfer and assign, on the terms and conditions herein set forth, to Purchaser, free and clear of all liens, security interests, pledges, claims and encumbrances of every kind, nature and description (except those arising under this Agreement and applicable securities laws), the Future Shares, with each Seller having a Put Right as to the Future Shares set forth opposite such Seller’s name on attached Schedule 2.1 (the “Future Purchase Schedule”), over the three-year period commencing on the end of the third (3rd) Business Day after the first Reference Period (as defined herein) after the Initial Closing at the price per Share and other terms specified below (such sales, “Future Sales,” and the relevant three-year period, the “Future Sales Period”). For the avoidance of doubt, all Put Rights shall expire, and be of no further force or effect, on the expiration of the Future Sales Period.
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FUTURE PURCHASES AND SALES OF SHARES 
Sample 1

Related to FUTURE PURCHASES AND SALES OF SHARES

  • Sales of Shares The Dealer Manager shall, and each Soliciting Dealer shall agree to, solicit purchases of the Shares only in the jurisdictions in which the Dealer Manager and such Soliciting Dealer are legally qualified to so act and in which the Dealer Manager and each Soliciting Dealer have been advised by the Company in writing that such solicitations can be made.

  • Purchases and Sales Neither the Corporation nor any Subsidiary has approved, entered into any agreement in respect of, or has any knowledge of:

  • Purchase and Sale of Shares Closing Subject to the terms and conditions of this Agreement, the Company agrees to sell to Purchaser at the Closing, and Purchaser agrees to purchase from the Company at the Closing, 10,000,000 shares of Common Stock (the “Shares”), at a price per share of $6.00 (the “Purchase Price”). Subject to the satisfaction or waiver of the covenants and conditions set forth in Sections 2.3 and 2.4, the Closing shall occur on the date hereof at the offices of Xxxxxxxx & Xxxxxxxx or such other location as the parties shall mutually agree.

  • Purchases and Sales of Securities The Company shall not, and shall use its best efforts to cause its affiliates (as defined in Rule 405 under the 0000 Xxx) not to, purchase and then resell or otherwise transfer any Securities.

  • Purchase and Sale of Shares 2.1.1. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller shall sell, transfer and deliver to Buyer, free and clear of all Liens (other than Liens under the Securities Act and any other applicable state or foreign securities Laws), and Buyer shall purchase from Seller, all right, title and interest in and to the Shares.

  • Purchase and Sale of Company Shares Sale of Company Shares

  • Purchase and Sale of Common Stock and Warrants (a) Upon the following terms and conditions, the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase from the Company, an aggregate of approximately 3,333,334 shares of Common Stock (the "Shares") at a price per share of $0.90 (the "Per Share Purchase Price") for an aggregate purchase price of $3,000,000 (the "Purchase Price"). The Company and the Purchasers are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the "Securities Act"), including Regulation D ("Regulation D"), and Regulation S promulgated thereunder. and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.

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