Additional Sales Clause Samples
The 'Additional Sales' clause defines the terms under which extra units or services beyond the original agreement can be sold. Typically, this clause outlines the process for requesting and approving additional purchases, including any pricing adjustments or limitations on quantities. Its core function is to provide a clear framework for expanding the scope of the transaction, ensuring both parties understand how to handle increased demand without renegotiating the entire contract.
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Additional Sales. It is understood and agreed that ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ or ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇ ▇▇▇▇▇▇ co-tteee Trust fbo Moshe, Chana, ▇▇▇▇▇▇ ▇▇▇▇▇ u/a dtd 11/01/1998 will be entitled to sell 17,280 shares of Common Stock held by them in the Offering, in which case they will execute joinders to this Agreement.
Additional Sales. If at any time prior to a proposed Transfer such member of the Spell Group wishes to Transfer a greater number of shares than that originally proposed, such member of the Spell Group shall notify each Holder immediately of the additional number of shares being proposed for Transfer. Each Holder may require the proposed transferee to purchase from such Holder a number of additional Warrant Shares (issued or represented by outstanding Warrants) determined in accordance with 6.3
(a) above but based upon the number of additional shares the proposed transferee desires to purchase. The additional tag-along rights provided by this Section 6.3(c) shall be exercised by any Holder within ten (10) Business Days following the date of the giving of the supplementary notice by such member of the Spell Group by delivery of written notice indicating its desire to exercise its additional rights under this Section 6.3(c) and the number of shares such Holder wishes to Transfer, if less than the number which such Holder is entitled to Transfer under Section 6.3(a) and this Section 6.3(c).
Additional Sales. The Collateral Manager may direct the applicable Collateral Agent, on behalf of the Borrower or the Investment Subsidiary, in writing to sell (and such Collateral Agent shall so sell, in the manner directed by the Collateral Manager) any Collateral Loan at any time; provided that such disposition is on terms no worse to the Borrower Entities than arm’s length terms and the disposition price is a least equal to the greater of (A) its Initial Agreed Price and (B) its then current Market Price, or the Blackstone Asset Based Finance Representative has consented to such disposition (in its sole and absolute discretion).
Additional Sales. For a period of 180 days after the date of ---------------- the Prospectus, the Company will not, without your prior written consent, directly or indirectly, register, offer, sell, offer to sell, contract to sell, hypothecate, pledge or otherwise dispose of any shares of Common Stock (or any security or other instrument which by its terms is convertible into, exercisable for, or changeable for shares of Common Stock), except for the grant of stock options pursuant to the Company's Stock Option Plan and the issuance of Common Stock upon the exercise of such options, as described in the Prospectus.
Additional Sales. At the option of Vault, COVR agrees to issue and sell to Vault and Vault agrees to pay for and acquire from COVR, up to an additional 960,000 Units at the Purchase Price Per Unit for an aggregate purchase price of $1,000,000 through the sale and purchase of 320,000 shares on each of the Subsequent Closing Dates (as hereinafter defined) for an aggregate purchase price of $200,000 on each such Subsequent Closing Date.
Additional Sales. For a period of 180 days after the date of ---------------- the Prospectus, the Company will not, without the prior written consent of Fechtor ▇▇▇▇▇▇▇▇, directly or indirectly, register, offer, sell, offer to sell, contract to sell, hypothecate, pledge or otherwise dispose of any shares of Common Stock (or any security or other instrument which by its terms is convertible into, exercisable for, or changeable for shares of Common Stock), except for the grant of stock options pursuant to the Company's Stock Option Plan, and provided that such options shall not be exercisable prior to 180 days after the date of the Prospectus.
Additional Sales. From time to time hereafter any Seller or any other Affiliate of FIFS that becomes a party to an Accession Agreement, will sell, transfer and assign to the Purchaser additional items of Property acquired by such seller under any Securitization. Each such sale, transfer and assignment shall be made pursuant to, and subject to the terms and conditions of, an Accession Agreement.
Additional Sales. Seller agrees that except for a total of 4,944,445 Shares which are being sold as of February 20, 2004, on the same terms as in this letter agreement, the Seller will not sell, agree to sell or deliver any other Shares until March 8, 2004.