Issuance and Purchase of Shares. 1.1 The Purchaser undertakes to invest in the Company the amount of Seven Hundred Ten Thousand and Thirty US Dollars (US$ 710,030) (hereinafter, the "Investment Amount") on the Closing Date as defined in Section 2 hereinbelow. All amounts will be deposited in US dollars or their equivalent in NIS to the Company's account no. 377906 at Bank Hapoalim B.M., Hadar Xxxxx Xxxxxx (610).
Issuance and Purchase of Shares. The Company shall issue, set over and deliver to the Buyer, free and clear of all liens and outstanding charges of whatever nature (“Liens”), and the Buyer shall purchase from the Company, the Purchased Shares on the Closing Date.
Issuance and Purchase of Shares. Upon the terms and subject to the conditions as set forth in this Agreement, the Company hereby agrees with each Purchaser, and each Purchaser agrees with the Company, separately and independently from the other Purchasers, that in consideration of payment by such Purchaser to the Company of the amount specified opposite to such Purchaser's name in SCHEDULE A hereof (the "PURCHASE PRICE"), the Company shall issue, sell and deliver to such Purchaser, and such Purchaser shall receive and accept from the Company, duly authorized, validly issued, fully-paid and non-assessable Purchased Shares, free and clear of any and all Liens, and in a number equal to such Purchaser's Purchase Price divided by the Transaction Share Price (rounded to the nearest whole number).
Issuance and Purchase of Shares. Subject to the terms and conditions hereof, at the Closings, the Company shall issue and allot to the Investors, and the Investors shall, severally and not jointly, purchase from the Company, up to an aggregate number of approximately 286,486,259 Preferred B Stock (the “Purchased Shares”), each having the rights, preferences and privileges set forth in the Certificate of Designation, for an aggregate investment of up to US $5,000,000 (the “Aggregate Purchase Price”). The respective amount of the Purchased Shares to be purchased by each Investor at the Closing and the respective portion of the Aggregate Purchase Price to be paid in consideration for the issuance of the Purchased Shares at the Closing are as set forth in Schedule 1. The Purchased Shares will be issued following the Milestone, and become fully paid upon the payment by each of the Investors of its respective portion of the Aggregate Purchase Price.
Issuance and Purchase of Shares. Subject to the terms and conditions hereof, immediately following the Effective Time, Receiver shall issue and Parent or its Affiliate designee shall purchase 18,857,142 shares of Receiver Common Stock for an aggregate purchase price of $330,000,000.
Issuance and Purchase of Shares. 1.1. Purchaser undertakes to invest in the Company the aggregate amount of Nine Hundred Ninety-Nine Thousand Nine Hundred Ninety-Nine US Dollars (US$ 999,999) (hereinafter, the "Investment"), payable in two installments as described in Section 2 below. The Investment will be deposited in US dollars to the Company's account no. 377906 at Bank Hapoalim B.M., Hadar Xxxxx Xxxxxx (610).
Issuance and Purchase of Shares. 1.1 The Purchasers undertake to invest in the Company (the "Investment") the amount of Two Million United States Dollars (U.S. $2,000,000) (hereinafter, the "Investment Amount") on the Closing Date as defined in Section 2 hereinbelow. All amounts will be deposited in US dollars or their equivalent in NIS in the Company's account, No.377906 at Hapoalim Bank, Hadar Xxxxx Xxxxxx (610).
Issuance and Purchase of Shares. The Company shall issue, set over and deliver to the Buyer, free and clear of all liens and outstanding charges of whatever nature (“Liens”), and the Buyer shall purchase from the Company, on the date hereof or such other date agreed between the Company and the Buyer (the “Closing Date”), the total number of shares of Common Stock as are determined in accordance with this Section 1.1 in consideration of the transfer of all of the Transferred Interest to the Company in accordance with this Agreement. On the Closing Date, the Company shall issue to the Buyer or its nominee, and the Buyer or its nominee shall purchase from the Company, the number of shares of Common Stock (the respective number of shares to be purchased by the Buyer or its nominee is referred to herein as the “Shares”) equal to the quotient of the Consideration divided by the closing price of the Common Stock as of Friday, June 7, 2019, rounded down to the nearest whole share.
Issuance and Purchase of Shares. Subject to the terms and ------------------------------- conditions hereof, the Company will sell to the Purchaser, and the Purchaser will buy from the Company, ten thousand (10,000) shares of its Series B Preferred Stock at a purchase price per share of $1,000 (the "Per Share Price"). In consideration for the Shares, Purchaser shall pay the Company in United States dollars the aggregate purchase price of ten million dollars ($10,000,000).
Issuance and Purchase of Shares. Subject to the terms and conditions hereof, the Company will issue to the Buyer [* The confidential material contained herein has been omitted and has been separately filed with the Commission.] duly authorized, validly issued, fully paid and nonassessable shares of its Common Stock at a purchase price per share equal to the average closing price of the Common Stock for the five Trading Days immediately prior to the date of this Agreement. In consideration for the Shares, Buyer shall pay the Company in United States dollars the aggregate purchase price for the Shares effected by wire transfer in accordance with those instructions provided by the Company to the Buyer. The Company shall deliver to the Buyer on, or as soon as practicable thereafter, the date hereof a certificate representing the Shares registered in the name of the Buyer (or in the name of another entity as may designated by the Buyer). For the purposes of this Agreement, (i) "Trading Day" means at any time a day on which any of a national securities exchange, Nasdaq or such other securities market which at such time constitutes the principal securities market for the Common Stock is open for general trading of securities; and (ii) "Nasdaq" means the Nasdaq National Market.
