Securities Purchased Sample Clauses
The 'Securities Purchased' clause defines the specific securities that are being acquired under the agreement. It typically details the type, class, and quantity of securities involved, such as shares of common stock or preferred stock, and may reference identifying information like certificate numbers or series. By clearly specifying what is being purchased, this clause ensures both parties have a mutual understanding of the transaction's subject matter, thereby reducing the risk of disputes or misunderstandings regarding what is being transferred.
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Securities Purchased. At the closings of the transactions contemplated hereby (the “Closings”), the Company will sell and the Purchaser will purchase the following securities of the Company for an aggregate purchase price of up to one million two hundred thousand dollars ($1,200,000) (the “Purchase Price”), as follows:
(i) One million five hundred thousand (1,500,000) shares of Common Stock $0.00001 par value at a price of $0.40 per share, or an aggregate purchase price of six hundred thousand dollars ($600,000) (the “Initial Shares”);
(ii) The Purchaser has the option, to notify the Company (the “Second Closing Notice”) no later than ten (10) business days following the release of an official announcement by the Company that it is initiating its first human clinical trials, of Purchaser’s agreement to purchase an additional eight hundred thousand (800,000) shares of Common Stock $0.00001 par value at a purchase price of $0.75 per share, or an aggregate purchase price of six hundred thousand dollars ($600,000) (the “Additional Shares”); and
(iii) Warrants to purchase up to an additional one million five hundred thousand (1,500,000) shares of Common Stock with an exercise price of $1.00 per share, which will be issued to Purchaser at the Closing of the Initial Shares purchase (the “First Warrant”). In the event that Purchaser exercises the option mentioned in (ii) above, the Company will issue warrants to purchase up to an additional eight hundred thousand (800,000) shares of Common Stock with an exercise price of $1.50 per share (the “Second Warrant”). No separate consideration shall be paid for either the First Warrant or the Second Warrant (collectively, the “Warrants”). The Warrants are five-year warrants and shall be in the form previously provided to the Purchaser. (The Initial Shares and the Additional Shares are sometimes referred to as the “Shares”, the shares issuable upon exercise of the Warrants are sometimes referred to as the “Warrant Shares” and all of the foregoing are sometimes referred to as the “Securities”.)
Securities Purchased. At the closings of the transaction contemplated hereby (the “Closing”), the Company will sell and the Purchaser will purchase the following securities of the Company for an aggregate purchase price of up to _________ US dollars (the “Purchase Price”), as follows:
(i) ___________shares of Common Stock $0.00001 par value at a price of $1.20 per share, or an aggregate purchase price of _________US dollars (the “Shares”); and
(ii) Four-year warrants to purchase up to an additional ________ shares of Common Stock with an exercise price of $1.80 per share, which will be issued to Purchaser at the Closing and will be exercisable only after six months from Closing (the “ Warrant”). No separate consideration shall be paid for the Warrant. The Warrant shall be in the form previously provided to the Purchaser. (the shares issuable upon exercise of the Warrants are sometimes referred to as the “Warrant Shares” and the Shares and Warrant Shares are sometimes referred to as the “Securities”.)
Securities Purchased. J. Payments for Repurchases of Redemptions of Shares of the Fund...
Securities Purchased. At the Closing the Company will sell and each Purchaser will purchase the following securities of the Company for an aggregate purchase price to be paid by all Purchasers, of US$ 429,522 (four hundred and twenty nine thousand five hundred twenty two US dollars) (the "Purchase Price"), as follows:
(i) Such number of shares of the Company’s Common Stock $0.001 par value at a price per share of $0.1 (10 US Cents) corresponding to an aggregate purchase price as set forth next to such Purchasers name on Schedule A hereto; and
(ii) Thirty six (36) months warrant to purchase up to an additional number of shares of the Company’s Common Stock $0.001 par value equal to twenty percent (20%) of the shares purchased by such Purchaser pursuant to sub-Section (i) above, with an exercise price of $ 0.10 (10 US Cents) per share, which will be issued to each Purchaser at the Closing and will be exercisable only after six months from Closing (each, a "Warrant"). No separate consideration shall be paid for the issuance of the Warrant. The Warrant shall be in the form appended hereto as Annex "A" (the shares issuable upon the exercise of the Warrant are sometimes referred to hereinafter as "Warrant Shares" and the Shares and the Warrant Shares are sometime referred to hereinafter as the "Securities").
Securities Purchased. Except as specifically stated otherwise in this Contract, in any and every case where payment for purchase of securities for the account of a Portfolio is made by the Custodian in advance of receipt of the securities purchased in the absence of specific written instructions from the Fund on behalf of such Portfolio to so pay in advance, the Custodian shall be absolutely liable to the Fund for such securities to the same extent as if the securities had been received by the Custodian.
Securities Purchased. Issuer hereby agrees to sell and Subscriber agrees to purchase 30,000 Restricted Shares of the Issuer's Common Stock with $1.00 par value (the "Restricted Shares") at an aggregate cash purchase price of $30,000, being $1.00 per share (the "Purchase Price"), payable upon the terms contained herein.
Securities Purchased. At the closings of the transaction contemplated hereby (the “Closing”), the Company will sell and the Purchaser will purchase the following securities of the Company for an aggregate purchase price of US$1,000,000 (one million US dollars) (the “Purchase Price”), as follows:
(i) 12,500,000 (twelve million five hundred thousand) shares of the Company’s Common Stock $0.001 par value at a price of $0.08 per share, or an aggregate purchase price of US$1,000,000 (one million US dollars) (the “Shares”); and
(ii) Five year warrant to purchase up to an additional 6,250,000 (six million two hundred fifty thousand) shares of the Company’s Common Stock $0.001 par value with an exercise price of $0.08 per share, which will be issued to the Purchaser at the Closing and will be exercisable only after six months from Closing (the "Warrant"). No separate consideration shall be paid for the Warrant. The Warrant shall be in the form appended hereto as Annex "A" (the shares issuable upon the exercise of the Warrant are sometimes referred to hereinafter as the "Warrant Shares" and the Shares and the Warrant Shares are sometime referred to hereinafter as the "Securities").
Securities Purchased. The Holder hereof has purchased as an investment for his own account units of the debenture (the "Units"), each Unit consisting of $25,000 and $5,000 minimum increments thereafter of the Company's $1,000,000 convertible debenture. Each Unit may be converted to shares of the Company's no par value common stock as set forth below.
Securities Purchased. Except as specifically stated otherwise in this -------------------- Agreement, in any and every case where payment for purchase of domestic securities for the account of a Portfolio is made by the custodian in advance of receipt of the securities purchased in the absence of specific written instructions from the Fund on behalf of such Portfolio to so pay in advance, the Custodian shall be absolutely liable to the Fund for such securities to the same extent as if the securities had been received by the Custodian.
Securities Purchased. Pursuant to this Agreement the Sellers agree to sell a total of two million, nine hundred forty thousand (2,940,000) of their issued Shares of common stock of the Company (980,000 shares each) to Purchaser for the total purchase price of thirty-five thousand dollars ($35,000.00) which purchase price shall be divided equally among Sellers. Purchaser hereby agrees to purchase the Shares for the aforementioned purchase price.