Common use of Preference Securities Clause in Contracts

Preference Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to sell to the Chase Purchasers and the Chase Purchasers, severally and not jointly, agree to purchase from the Company, at an aggregate purchase price of $5,000,000 (less a commission of $150,000), the aggregate number of Preference Shares and Preference Warrants set forth in Schedule A opposite its name.

Appears in 9 contracts

Sources: Purchase Agreement (Chase Rhoda L/), Purchase Agreement (Rothschild Trust Cayman Limited Trustee for Darland Trust), Purchase Agreement (Chase Polish Enterprises Inc)