Common use of Initial Shares Clause in Contracts

Initial Shares. Upon the basis of the representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, and each Underwriter, severally and not jointly, agrees to purchase from the Company, that number of Initial Shares set forth in Schedule I opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 2 contracts

Sources: Underwriting Agreement (Stronghold Digital Mining, Inc.), Underwriting Agreement (Telos Corp)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the CompanyCompany at the purchase price per share of $_____, that the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereofhereof subject, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 2 contracts

Sources: Underwriting Agreement (Anthracite Capital Inc), Underwriting Agreement (Resource Asset Investment Trust)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the CompanyCompany at the purchase price per share of $__________, that the number of Initial Shares set forth in Schedule SCHEDULE I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereofhereof subject, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 2 contracts

Sources: Underwriting Agreement (America First Mortgage Investments Inc), Underwriting Agreement (America First Mortgage Investments Inc)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, at the purchase price per share of $____, that proportion of the number of Initial Shares set forth in Schedule I opposite such Underwriter’s name's name on Schedule I, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that . The Underwriters may from time to time increase or decrease the purchase public offering price per share of after the Reserved Shares shall be $[•]initial public offering to such extent as the Underwriters may determine.

Appears in 1 contract

Sources: Underwriting Agreement (Ocwen Asset Investment Corp)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•]________, the Company agrees to sell to each Underwriterthe Underwriters the Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Representative[s] in their [its / their] sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Energy Hunter Resources, Inc.)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that at the purchase price per share of $_____, the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereofhereof subject, subject in each case, to such adjustments among the Underwriters as the Representatives Representative in their its sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Capital Automotive Reit)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the CompanyCompany at the purchase price per share of $______, that the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereofhereof subject, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (American Mortgage Acceptance Co)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the CompanyCompany at the purchase price per share of $____________, that the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject subject, in each case, to such adjustments among as the Underwriters as among the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that . The Underwriters may from time to time increase or decrease the purchase public offering price per share of after the Reserved Shares shall be $[•]initial public offering to such extent as the Underwriters may determine.

Appears in 1 contract

Sources: Underwriting Agreement (FBR Asset Investment Corp/Va)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•[ ], the Company agrees to sell to each Underwriterthe Underwriters [ ] Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Polar Star Realty Trust Inc.)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of $________________ for the Common Stock of $[•]Stock, the Company agrees to sell to each UnderwriterUnderwriter the Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Luminent Mortgage Capital Inc)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•]6.17, the Company agrees to sell to each Underwriter, the Underwriters the Initial Shares and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, Company that number of Initial Shares set forth opposite the name of such Underwriter in Schedule I opposite such Underwriter’s namehereto, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Underwriters in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Northstar Realty Finance Corp.)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of [$[•________], the Company agrees to sell to each Underwriterthe Underwriters 2,000,000 Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Kennedy Wilson Inc)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the CompanyCompany at the purchase price per share of $7.816875, that the number of Initial Shares set forth in Schedule SCHEDULE I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereofhereof subject, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (America First Mortgage Investments Inc)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•]________, the Company agrees to sell to each Underwriter, the Underwriters the Initial Shares and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Brillian Corp)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the CompanyCompany at the purchase price per share of $__________, that the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereofhereof subject, subject in each case, to such adjustments among the Underwriters as the Representatives Representative in their its sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (One Liberty Properties Inc)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•]8.13, the Company agrees to sell to each Underwriter, the Underwriters the Initial Shares and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, Company that number of Initial Shares set forth opposite the name of such Underwriter in Schedule I opposite such Underwriter’s namehereto, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Underwriters in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Northstar Realty Finance Corp.)

Initial Shares. Upon the basis of the representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[]1, the Company agrees to sell to each Underwriter, and each Underwriter, severally and not jointly, agrees to purchase from the Company, that number of Initial Shares set forth in Schedule I opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Representative in their its sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Applied Blockchain, Inc.)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of $ for the Common Stock of $[•]Stock, the Company agrees to sell to each Underwriterthe Underwriters the Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 9 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Representative in their its sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Saxon Reit Inc)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•]9.35, the Company agrees to sell to each Underwriter, the Underwriters the Initial Shares and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, Company that number of Initial Shares set forth opposite the name of such Underwriter in Schedule I opposite such Underwriter’s namehereto, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Underwriters in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Northstar Realty Finance Corp.)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[•], the Company agrees to sell to each Underwriter, severally and not jointly, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, at the purchase price per share of $_____, that number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, case to such adjustments among the Underwriters as the Representatives Representative in their its sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that . The Underwriters may from time to time increase or decrease the purchase public offering price per share of after the Reserved Shares shall be $[•]initial public offering to such extent as the Underwriters may determine.

Appears in 1 contract

Sources: Underwriting Agreement (Resource America Inc)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of [$[•________], the Company agrees to sell to each Underwriterthe Underwriters the Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which that such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Ashford Hospitality Trust Inc)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[___], the Company agrees to sell to each Underwriter, the Underwriters the Initial Shares and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s 's name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Northstar Realty)

Initial Shares. Upon the basis of the warranties and representations and warranties and other terms and conditions and agreements herein set forth, at the purchase price per share of Common Stock of $[$ ], the Company agrees to sell to each Underwriterthe Underwriters the Initial Shares, and each UnderwriterUnderwriter agrees, severally and not jointly, agrees to purchase from the Company, that Company the number of Initial Shares set forth in Schedule I opposite such Underwriter’s name, plus any additional number of Initial Shares which such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof, subject in each case, to such adjustments among the Underwriters as the Representatives Representative in their its sole discretion shall make to eliminate any sales or purchases of fractional shares; provided, however, that the purchase price per share of the Reserved Shares shall be $[•].

Appears in 1 contract

Sources: Underwriting Agreement (Goldleaf Financial Solutions Inc.)