Common use of Initial Shares Clause in Contracts

Initial Shares. Upon the basis of the representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, and each Underwriter, severally and not jointly, agrees to purchase from the Company, that number of Initial Shares set forth in Schedule I opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 2 contracts

Samples: Underwriting Agreement (Stronghold Digital Mining, Inc.), Underwriting Agreement (Telos Corp)

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Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the CompanyCompany at the purchase price per share of $_____, that the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereofhereof subject, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 2 contracts

Samples: Underwriting Agreement (Resource Asset Investment Trust), Anthracite Capital Inc

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Preferred Stock of $[•]24.2125, the Company agrees to sell to each Underwriter, the Underwriters the Initial Shares and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, Company that number of Initial Shares set forth opposite the name of such Underwriter in Schedule I opposite such Underwriter’s namehereto, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 2 contracts

Samples: Underwriting Agreement (Northstar Realty Finance Corp.), Underwriting Agreement (Northstar Realty Finance Corp.)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the CompanyCompany at the purchase price per share of $__________, that the number of Initial Shares set forth in Schedule SCHEDULE I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereofhereof subject, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 2 contracts

Samples: America First Mortgage Investments Inc, America First Mortgage Investments Inc

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[___], the Company agrees to sell to each Underwriter, the Underwriters the Initial Shares and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Northstar Realty)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of [$[•________], the Company agrees to sell to each Underwriterthe Underwriters 2,000,000 Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Kennedy Wilson Inc)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•]________, the Company agrees to sell to each Underwriterthe Underwriters the Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Representative[s] in their [its / their] sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Energy Hunter Resources, Inc.)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of $ for the Common Stock of $[•]Stock, the Company agrees to sell to each Underwriterthe Underwriters the Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 9 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Representative in their its sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Saxon Reit Inc)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the CompanyCompany at the purchase price per share of $__________, that the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereofhereof subject, subject in each case, to such adjustments among the Underwriters as the Representatives Representative in their its sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: One Liberty Properties Inc

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of $________________ for the Common Stock of $[•]Stock, the Company agrees to sell to each UnderwriterUnderwriter the Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Luminent Mortgage Capital Inc

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of [$[•________], the Company agrees to sell to each Underwriterthe Underwriters the Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which that such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Ashford Hospitality Trust Inc)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•]11.30, the Company agrees to sell to each Underwriter, the Underwriters the Initial Shares and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, Company that number of Initial Shares set forth opposite the name of such Underwriter in Schedule I opposite such Underwriter’s namehereto, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Underwriters in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Northstar Realty Finance Corp.)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the CompanyCompany at the purchase price per share of $______, that the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereofhereof subject, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: American Mortgage Acceptance Co

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•]6.17, the Company agrees to sell to each Underwriter, the Underwriters the Initial Shares and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, Company that number of Initial Shares set forth opposite the name of such Underwriter in Schedule I opposite such Underwriter’s namehereto, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Underwriters in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Northstar Realty Finance Corp.)

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Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•[ ], the Company agrees to sell to each Underwriterthe Underwriters [ ] Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Polar Star Realty Trust Inc.)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[], the Company agrees to sell the Initial Shares to each Underwriterthe Underwriters, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I hereto opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Representative in their its sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Patriot Risk Management, Inc.)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the CompanyCompany at the purchase price per share of $7.816875, that the number of Initial Shares set forth in Schedule SCHEDULE I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereofhereof subject, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: America First Mortgage Investments Inc

Initial Shares. Upon the basis of the representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[]1, the Company agrees to sell to each Underwriter, and each Underwriter, severally and not jointly, agrees to purchase from the Company, that number of Initial Shares set forth in Schedule I opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Representative in their its sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Applied Blockchain, Inc.)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•]9.35, the Company agrees to sell to each Underwriter, the Underwriters the Initial Shares and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, Company that number of Initial Shares set forth opposite the name of such Underwriter in Schedule I opposite such Underwriter’s namehereto, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Underwriters in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Northstar Realty Finance Corp.)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that at the purchase price per share of $_____, the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereofhereof subject, subject in each case, to such adjustments among the Underwriters as the Representatives Representative in their its sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Rights Agreement Pohanka Contribution Agreement (Capital Automotive Reit)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•]________, the Company agrees to sell to each Underwriter, the Underwriters the Initial Shares and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Brillian Corp)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[$ ], the Company agrees to sell to each Underwriterthe Underwriters the Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Representative in their its sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Samples: Underwriting Agreement (Goldleaf Financial Solutions Inc.)

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