Common use of Purchase and Sale of Preferred Shares Clause in Contracts

Purchase and Sale of Preferred Shares. Upon the following terms and conditions, CDRD shall issue and sell to each Investor severally, and each Investor severally shall purchase from CDRD, the number of First Closing Shares and up to the number of Second Closing Shares indicated next to such Investor's name on Schedule I attached to this Agreement."

Appears in 2 contracts

Samples: Preferred Stock Investment Agreement (Cd Radio Inc), Preferred Stock Investment Agreement (Cd Radio Inc)

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Purchase and Sale of Preferred Shares. Upon the following terms and conditions, CDRD shall issue and sell to each Investor severally, and each Investor severally shall purchase from CDRD, the number of First Closing Shares and up to the number of Second Closing Shares indicated next to such Investor's name on Schedule I attached to this Agreementhereto."

Appears in 2 contracts

Samples: Preferred Stock Investment Agreement (Cd Radio Inc), Preferred Stock Investment Agreement (Cd Radio Inc)

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