Common use of Purchase of Preferred Shares and Warrants Clause in Contracts

Purchase of Preferred Shares and Warrants. The Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such number of shares of Series A Preferred Stock (collectively, together with any Preferred Stock issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the "Preferred Shares") and such number of Warrants for the aggregate purchase price (the "Purchase Price") as is set forth immediately below such Buyer=s name on the signature pages hereto. The aggregate number of Preferred Shares to be issued at the Closing (as defined below) is Ten Thousand (10,000) and the aggregate number of Warrants to be issued at the Closing is Two Hundred Twenty Four Thousand, Seven Hundred Nineteen (224,719), for an aggregate purchase price of Ten Million Dollars ($10,000,000).

Appears in 1 contract

Sources: Securities Purchase Agreement (Saba Petroleum Co)

Purchase of Preferred Shares and Warrants. The Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such number of shares of Series A M Preferred Stock (collectively, together with any Preferred Stock issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the "Preferred Shares") and such number of Warrants for the aggregate purchase price (the "Purchase Price") as is set forth immediately below such Buyer=s 's name on the signature pages hereto. The aggregate number of Preferred Shares to be issued at the Closing (as defined below) is Ten Thousand Seven Hundred Fifty (10,000750) and the aggregate number of Warrants to be issued at the Closing is Two Hundred Twenty Four Thousand, Seven Hundred Nineteen Thirty Thousand (224,71930,000), for an aggregate purchase price of Ten Million Seven Hundred Fifty Thousand Dollars ($10,000,000750,000).

Appears in 1 contract

Sources: Securities Purchase Agreement (Amnex Inc)

Purchase of Preferred Shares and Warrants. The Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such number of shares of Series A B Preferred Stock (collectively, together with any Preferred Stock issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the "Preferred Shares") and such number of Warrants for the aggregate purchase price (the "Purchase Price") as is set forth immediately below such Buyer=s 's name on the signature pages hereto. The aggregate number of Preferred Shares to be issued at the Closing (as defined below) is Ten Five Thousand (10,0005,000) and the aggregate number of Warrants to be issued at the Closing is Two Hundred Twenty Four Thousand, Seven Hundred Nineteen Fifty Thousand (224,71950,000), for an aggregate purchase price of Ten Five Million Dollars ($10,000,0005,000,000).

Appears in 1 contract

Sources: Securities Purchase Agreement (Sigma Designs Inc)

Purchase of Preferred Shares and Warrants. The Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such number of shares of Series A B Preferred Stock (collectively, together with any Preferred Stock issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the "Preferred Shares") and such number of Warrants for the aggregate purchase price (the "Purchase Price") as is set forth immediately below such Buyer=s 's name on the signature pages hereto. The aggregate number of Preferred Shares to be issued at the Closing (as defined below) is Ten One Thousand Two Hundred (10,0001,200) and the aggregate number of Warrants to be issued at the Closing is Two Hundred Twenty Four Thousand, Seven Hundred Nineteen Forty Thousand (224,719240,000), for an aggregate purchase price of Ten One Million Two Hundred Thousand Dollars ($10,000,0001,200,000).

Appears in 1 contract

Sources: Securities Purchase Agreement (Metropolitan Health Networks Inc)

Purchase of Preferred Shares and Warrants. The Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such number of shares of Series A Preferred Stock (collectively, together with any Preferred Stock issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the "Preferred Shares") and such number of Warrants for the aggregate purchase price (the "Purchase Price") as is set forth immediately below such Buyer=s 's name on the signature pages hereto. The aggregate number of Preferred Shares to be issued at the Closing (as defined below) is Ten Fifteen Thousand (10,00015,000) and the aggregate number of Warrants to be issued at the Closing is Two One Hundred Twenty Four Thousand, Seven Hundred Nineteen Fifty Thousand (224,719150,000), for an aggregate purchase price of Ten Fifteen Million Dollars ($10,000,00015,000,000).

Appears in 1 contract

Sources: Securities Purchase Agreement (Technical Chemicals & Products Inc)