Common use of Purchase of the Stock by the Underwriters Clause in Contracts

Purchase of the Stock by the Underwriters. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, the Selling Shareholder hereby agrees to sell 701,350 shares of the Stock to the several Underwriters and each of the Underwriters, severally and not jointly, agrees to purchase the number of shares of the Stock set opposite that Underwriter's name in Schedule 1 hereto. The price of the Stock shall be $______________ per share. The Selling Shareholder shall not be obligated to deliver any of the Stock to be delivered on the Delivery Date except upon payment for all the Stock to be purchased on the Delivery Date as provided herein.

Appears in 1 contract

Sources: Underwriting Agreement (Altera Corp)

Purchase of the Stock by the Underwriters. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, the Selling Shareholder hereby agrees to sell 701,350 500,000 shares of the Stock to the several Underwriters Underwriters, and each of the Underwriters, severally and not jointly, agrees to purchase the number of shares of the Stock set opposite that Underwriter's name in Schedule 1 hereto. The price of to be paid by the Underwriters for the Stock shall be $______________ 32.82 per share. The Selling Shareholder shall not be obligated to deliver any of the Stock to be delivered on the Delivery Date except upon payment for all the Stock to be purchased on the Delivery Date as provided herein.

Appears in 1 contract

Sources: Underwriting Agreement (Park Electrochemical Corp)

Purchase of the Stock by the Underwriters. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, the Selling Shareholder hereby agrees to sell 701,350 500,000 shares of the Stock to the several Underwriters Underwriters, and each of the Underwriters, severally and not jointly, agrees to purchase the number of shares of the Stock set opposite that Underwriter's name in Schedule 1 hereto. The price of to be paid by the Underwriters for the Stock shall be $______________ per share. The Selling Shareholder shall not be obligated to deliver any of the Stock to be delivered on the Delivery Date except upon payment for all the Stock to be purchased on the Delivery Date as provided herein.

Appears in 1 contract

Sources: Underwriting Agreement (Park Electrochemical Corp)