Authorization of Sale of the Shares Sample Clauses

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to 7,700,000 shares (the "Shares") of common stock, par value $0.001 per share (the "Common Stock"), of the Company.
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Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement and the Agreements with Other Purchasers (as defined below), the Company has authorized the sale of up to an aggregate of 600,000 shares (the “Shares”) of common stock, no par value (the “Common Stock”), of the Company.
Authorization of Sale of the Shares. The Company has authorized ------------------------------------ the sale to the Purchaser of that number of shares (the "Shares") of the Common Stock, $.01 par value per share (the "Common Stock"), of the Company, as is equal to the quotient obtained by dividing $5,000,000 by the Offering Price (as defined below).
Authorization of Sale of the Shares. The Company has authorized the sale and issuance of $35.0 million of shares of its Common Stock, par value $0.0001 per share (the “Common Stock”), on the terms and subject to the conditions set forth in this Agreement.
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company may issue and sell to the Purchaser and the Purchaser shall purchase from the Company up to 1,000,000 shares of the Company’s common stock (the “Shares”), par value $.0001 per share (the “Common Stock”). The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a sufficient number of its authorized but unissued shares of its Common Stock to cover the Shares which may be issued pursuant to the terms of this Agreement.
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of the Shares.
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to Three Million (3,000,000) shares (the “Shares”) of Common Stock, of which Shares, One Million (1,000,000) remain available for purchase.
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Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to 1,076,569 shares (the "Company Shares") of common stock, par value $0.75 per share (the "Common Stock"), of the Company and the Selling Stockholder has authorized the sale of up to an aggregate of 1,373,431 shares (the "Selling Stockholder Shares") of the Company's Common Stock. The Company Shares and the Selling Stockholder Shares are referred to herein collectively as the "Shares." The total number of Shares sold shall not exceed a total of 2,450,000 shares.
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to 2,470,000 shares (the “Shares”) of common stock, par value $.01 per share (the “Common Stock”), of the Company. The Company reserves the right to increase or decrease the number of shares of Common Stock sold in this private placement prior to the Closing Date.
Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of its ordinary shares, par value NIS 0.01 per share, of the Company (“Ordinary Shares” and the “Shares”), at the Price Per Share (as defined below), representing an aggregate purchase price for all the Shares of US$400,000.
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