Authorization of Issue. Prior to the Closing, Company shall have duly authorized the issuance and sale to Purchaser of the number of shares of Common Stock set forth in Section 2.2 below.
Appears in 2 contracts
Sources: Purchase Agreement (Level 8 Systems Inc), Purchase Agreement (Level 8 Systems Inc)
Authorization of Issue. Prior to the Closing, Company shall have duly authorized the issuance and sale to Purchaser of (i) the number of shares of Series B Preferred Stock set forth in Section 2.2(a) below, (ii) the Warrant and (iii) the aggregate number of shares of Common Stock set forth in Section 2.2 belowissuable upon conversion of the Series B Preferred Stock and exercise of the Warrant.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Leucadia National Corp), Securities Purchase Agreement (Finova Group Inc)
Authorization of Issue. Prior to the Closing, Company ---------------------- shall have duly authorized the issuance and sale to Purchaser of the number of shares of Common Convertible Preferred Stock set forth in Section 2.2 belowbelow and the Warrants.
Appears in 1 contract