Common use of Authorization, Purchase and Sale Clause in Contracts

Authorization, Purchase and Sale. Subject to and upon the terms and conditions of this Agreement, the Company will issue and sell to the several Purchasers, and the several Purchasers will purchase from the Company, at the Closing, the number of shares of Convertible Preferred Stock (each, a “Preferred Share” and collectively, the “Preferred Shares”) set forth next to each such Purchaser’s name on Annex A. The purchase price per Preferred Share shall be $1,000 and the aggregate purchase price (the “Preferred Share Purchase Price”) for the Preferred Shares shall be the amount set forth on Annex A.

Authorization, Purchase and Sale. Subject to and upon On the terms and subject to the conditions of set forth in this Agreement, and in reliance on the representations, warranties, covenants and other agreements set forth in this Agreement and each other Related Agreements, at the Closing, the Company will shall issue and sell to the several PurchasersInvestors, and the several Purchasers will Investors shall purchase from the Company, at the Closing, the number of shares of Convertible Preferred Stock (each, a “Preferred Share” and collectively, the “Preferred Shares”) Securities set forth next to each such PurchaserInvestor’s name on Annex A. A hereto. The purchase price per share of Preferred Share Security shall be $1,000 and the aggregate purchase price (the “Preferred Share Purchase Price”) for the Preferred Shares Securities shall be the amount set forth on Annex A.