Purchase and Closing Sample Clauses
Purchase and Closing. 2.1 At the Closing (as hereinafter defined), the Company shall issue and sell to (i) Alterra, and Alterra shall purchase from the Company, the Common Shares; and (ii) the Investor, and the Investor shall purchase from the Company, the Preferred Shares.
2.2 The aggregate consideration to be paid by the Investor to the Company for the Preferred Shares (the "Preferred Purchase Price") at the Closing shall be $1,000,000.00. The aggregate consideration to be paid by Alterra to the Company for the Common Shares (the "Common Purchase Price") at the Closing shall be $100.00 and the assignment to the Company of Alterra's rights under that certain Agreement of Purchase and Sale dated as of November 30, 1999 by and between Alterra, Meditrust Acquisition Company LLC, New Meditrust Company LLC and T and F Properties, LP (the "Purchase Agreement").
2.3 The closing of the purchase and sale of the Shares (the "Closing") shall take place at 1:00 P.M. EST time on Monday, December 13, 1999 or on such date and at such time as the parties shall mutually select. The Closing shall take place at the offices of the Company or at such other place or in such other manner (including by exchange of deliverables via fax and air courier) as the Company, Alterra and the Investor agree.
2.4 At Closing, the Company shall deliver the following to the Investor:
(a) a certificate, in due and proper form, representing the Preferred Shares purchased upon which a legend substantially in the following form will be endorsed: "THE SHARES REPRESENTED BY THIS CERTIFICATE AND THE SHARES OF COMMON STOCK INTO WHICH THE SHARES REPRESENTED BY THIS CERTIFICATE MANY BE CONVERTED HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. THE SHARES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THESE SHARES UNDER THE SECURITIES ACT OF 1933 OR AN EXEMPTION FROM REGISTRATION IS AVAILABLE"; and
(b) a certificate of an authorized officer of the Company confirming the accuracy as of the Closing of the matters set forth in Section 4 of this Agreement.
Purchase and Closing. (a) On the basis of the representations, warranties, agreements and covenants herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each of the Underwriters, and each of the Underwriters, severally and not jointly, agrees to purchase from the Company, at a purchase price of $___ per Share (the "Purchase Price"), the number of Firm Shares set forth opposite the name of such Underwriter in Schedule 1 hereto. [Firm Shares shall be registered by [ChaseMellon Shareholder Services, Inc.] in the name of the nominee of the Depository Trust Company ("DTC"), Cede & Co. ("Cede & Co."), and credited to the accounts of such of its participants as the Representatives shall request, upon notice to the Company at least 48 hours prior to the First Closing Date (as defined below)], with any transfer taxes payable in connection with the transfer of the Firm Shares to the Underwriters duly paid, against payment by or on behalf of the Underwriters to the account of the Company of the aggregate Purchase Price therefor by wire transfer in immediately available funds. The Company will make the certificate or certificates for the Firm Shares available for checking and packaging by the Representatives at the offices in New York, New York of the Company's transfer agent or registrar or of the Representatives at least 24 hours prior to the First Closing Date. Delivery or registry of and payment for the Firm Shares shall be made at the offices of Brob▇▇▇ ▇▇▇e▇▇▇ & ▇arr▇▇▇▇ ▇▇▇, Two Embarcadero Place, 2200 ▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇ 9:30 A.M., New York City time, on [_________, ____], or at such other place, time or date as the Representatives and the Company may agree upon. Such time and date of delivery against payment are herein referred to as the "First Closing Date," and the implementation of all the actions described in this Section 2(a) is herein referred to as the "First Closing."
(b) For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Shares as contemplated by the Prospectus, the Company hereby grants to the several Underwriters an option to purchase, severally and not jointly, the Option Shares. The purchase price to be paid for any Option Shares shall be the same as the Purchase Price for the Firm Shares set forth above in paragraph (a) of this Section 2. The option granted hereby may be exercised as to all or any part of the Option Shares from time to t...
Purchase and Closing. (a) On the basis of the representations, warranties, agreements and covenants herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each of the Underwriters, and each of the Underwriters, severally and not jointly, agrees to purchase from the Company, at the purchase price set forth in Schedule II hereto with respect to the Firm Securities (the “Purchase Price”), the principal amount of the Firm Securities set forth opposite the name of such Underwriter in Schedule I hereto.
(b) On the basis of the representations, warranties agreements and covenants herein contained and subject to the terms and conditions herein set forth, the Company agrees to sell to the Underwriters the Additional Securities, and the Underwriters shall have the right to purchase, severally and not jointly, up to $120,000,000 of aggregate principal amount of Additional Securities at the Purchase Price. You may exercise this right on behalf of the Underwriters in whole or from time to time in part by giving written notice not later than 30 days after the date of the Prospectus. Any exercise notice shall specify the number of Additional Securities to be purchased by the Underwriters and the date on which such shares are to be purchased. Each purchase date must be at least two business days after the written notice is given and may not be earlier than the closing date for the Firm Securities nor later than ten business days after the date of such notice. Additional Securities may be purchased as provided in this Section 2 solely for the purpose of covering over-allotments made in connection with the offering of the Firm Securities. On each day, if any, that Additional Securities are to be purchased (an “Option Closing Date”), each Underwriter agrees, severally and not jointly, to purchase the number of Additional Securities (subject to such adjustments to eliminate Notes in denominations other than $1,000 as you may determine) that bears the same proportion to the total number of Additional Securities to be purchased on such Option Closing Date as the number of Firm Securities set forth in Schedule I hereto opposite the name of such Underwriter bears to the total number of Firm Securities.
(c) The Firm Securities shall be registered by the Trustee in the name of the nominee of The Depository Trust Company (“DTC”), Cede & Co. (“Cede & Co.”), and credited to the accounts of such of its participants as the Underwriters shall request...
Purchase and Closing. In consideration of and in express reliance upon the representations, warranties, covenants, terms and conditions of this Agreement, the Company agrees to issue and sell to the Purchaser and the Purchaser, agrees to purchase that number of the Shares to be issued in connection with each Draw Down and each Call Option exercised by the Purchaser. The closing of the execution and delivery of this Agreement shall occur upon delivery by facsimile of executed signature pages of this Agreement and all other documents, instruments and writings required to be delivered pursuant to this Agreement to the offices of ▇▇▇▇▇▇ ▇▇▇▇▇▇ LLP, The Chrysler Building, ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ (the "CLOSING") at 10:00 a.m., eastern time, on (i) December 29, 2000, or (ii) such other time and place or on such date as the Purchaser and the Company may agree upon (the "CLOSING DATE"). Each party shall deliver all documents, instruments and writings required to be delivered by such party pursuant to this Agreement at or prior to the Closing.
Purchase and Closing. Upon its execution and delivery of this Agreement to Ontro, Buyer shall deliver the Purchase Price to Ontro by certified funds or wire transfer to Ontro as follows: San Diego National Bank ABA Routing No. ▇▇▇▇▇▇▇▇▇ For credit to Ontro, Inc. (reference Ontro Common Stock Purchase) Account No. 0139809170 Ontro shall either return the Purchase Price or accept the Purchase Price and complete the purchase and sale of the Common Stock (the "Closing"). At the Closing, Ontro shall cause its transfer agent to issue a stock certificate for the shares of Common Stock in the name of Buyer (the "Certificate"). Following the Closing, Ontro will forward the Certificate to Buyer by a nationally recognized courier service (UPS, FedEx or comparable).
Purchase and Closing. The Investor delivers herewith the consideration in United States dollars (the “Purchase Price”) required to purchase the Shares subscribed for hereunder. The Purchase Price is being paid simultaneously herewith by delivery to the Company of a wire transfer or check payable to the Company in the amount of the Purchase Price.
Purchase and Closing. (a) The Company has authorized the sale and issuance of up to:
(i) 6,666,667 shares (the "SHARES") of common stock of the Company, $.001 par value per share (the "COMMON STOCK"),
(ii) warrants (the "SERIES A WARRANTS") to purchase up to 833,200 shares of Common Stock at an exercise price of $1.875 per share (the "SERIES A WARRANT SHARES"), and
(iii) warrants (the "SERIES B WARRANTS") to purchase up to 833,200 shares of Common Stock at an exercise price of $2.25 per share (the "SERIES B WARRANT SHARES", and together with the Series A Warrant Shares collectively referred to as the "WARRANT SHARES"), to certain investors in a private placement as described in the Memorandum (the "OFFERING"). The Series A Warrants and the Series B Warrants are sometimes referred to herein as the "WARRANTS".
(b) The Common Stock, the Series A Warrants and the Series B Warrants are being offered and sold only in investment units comprised of 33,333 Shares, 4,166 Series A Warrants and 4,166 Series B Warrants (an "INVESTMENT UNIT") at a purchase price of $50,000 per Investment Unit. The minimum subscription amount is One (1) Investment Unit for a minimum aggregate subscription price of $50,000.00. The minimum subscription amount may be waived in the discretion of the Company and the Placement Agent with respect to any particular Investor.
(c) The Company may enter into the same form of Subscription Agreement with other investors (the "OTHER INVESTORS") and expects to complete sales of Shares and Warrants to such Other Investors. (The Investor and the Other Investors are hereinafter sometimes collectively referred to as the "INVESTORS," and the Subscription Agreement executed by the Other Investors are hereinafter sometimes collectively referred to as the "AGREEMENTS.")
(d) The Company may accept subscriptions from Investors in one or more closings at any time after the Company has received Agreements for the Minimum Offering and prior to October 7, 2005.
(e) The Investor agrees that the Placement Agent and its Affiliates may purchase and resell any number of Shares and Warrants for their own account on such terms as the Placement Agent shall determine. As used herein, the term "AFFILIATE" means, as to any named person or entity: (i) any such person or entity, or with respect to any natural person, a member of his or her immediate family (i.e. spouse, siblings, children, and parents); (ii) the legal representative, successor or assignee of, or any general partner, or their respecti...
Purchase and Closing. Both parties acknowledge the purchase price was paid at the completion of the sale (the "Closing"). Upon its execution and delivery of this Agreement, Ontro shall cause its transfer agent to issue a stock certificate for the shares of Common Stock in the name of Buyer (the "Certificate"). Following the Closing, Ontro will forward the Certificate to Buyer by a nationally recognized courier service (UPS, FedEx or comparable).
Purchase and Closing. Section 1.01 On the Closing Date (as defined below), the Buyers shall purchase from the Company and the Company shall sell to the Buyers, the number of Company ordinary shares, par value $0.0001 per share, of the Company (the “Shares”) equal to (i) the outstanding principal amount of the Notes divided by (ii) $10.00. At the Closing Date, the Buyers shall accept the Shares as satisfaction of the payment of the Notes in lieu of repayment of the Notes to Horn in cash.
Section 1.02 The closing (the “Closing”) shall occur immediately prior to or upon the closing of Docter Business Combination at the offices of ▇▇▇▇▇▇▇▇ & ▇▇▇▇ LLP, counsel to the Parent, at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇▇▇, or remotely via the exchange of documents and signatures (such date is referred as the “Closing Date”).
Purchase and Closing. Subject to the terms and conditions of this Agreement, at the Closing (as defined below), the Seller shall sell, assign, transfer and deliver to Buyer, and Buyer shall purchase, accept, assume and receive all rights, title and interest in and to the Shares.