The Stock Acquisition Sample Clauses

The Stock Acquisition. On or before the Closing, the Selling Shareholders agree and shall deposit duly executed Irrevocable Stock Powers representing 95,000,000 REPO Shares with the law firm of Snyderburn, Rishoi & ▇▇▇▇▇, LLP ("Closing Agent").
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The Stock Acquisition. At the Effective Date and subject to and upon the terms and conditions of this Agreement, AXIS CA shall effect a reverse acquisition business combination with AXIS DELAWARE by the exchange of shares between AXIS CA and AXIS DELAWARE, thereby becoming a 100% owned subsidiary of AXIS DELAWARE. (a) Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Date, all AXIS CA Shares shall be converted into the right to receive the AXIS DELAWARE Shares. (b) Within twenty (20) days after the Effective Date, AXIS DELAWARE shall deliver to the Exchange Agent certificates evidencing the AXIS DELAWARE Shares, registered in the names of the AXIS CA Shareholders. (c) Within twenty (20) days after the Effective Date, AXIS CA shall deliver to the Exchange Agent certificates evidencing the AXIS CA Shares, registered in the name of AXIS DELAWARE.
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The Stock Acquisition. (a) Subject to the terms and conditions of this Agreement including the Purchase Investigation as provided for in Section 6.1 hereof, Purchasers shall, on or before the Closing Date, deposit the sum of $212,020 with Manhattan Transfer Registrar Company who the parties have agreed to appoint as the escrow agent ("Escrow Agent") for the transactions contemplated by this Agreement. (b) The Parties acknowledge that the Purchasers have previously deposited the sum of $10,000 ("Deposit") with the Escrow Agent, which shall be applied towards the Purchase Price at Closing provided that if the Closing does not occur within the time as contemplated by this Agreement or unless otherwise agreed upon by the Parties, the Deposit shall be paid by the Escrow Agent to the Selling Shareholders or retuned to the Purchasers as provided for in Section 3.6 of this Agreement. (c) On or before the Closing, the Selling Shareholders agree and shall deposit duly executed Irrevocable Stock Powers representing 800,000 NSUS Shares with the Escrow Agent.
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The Stock Acquisition 
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Related to The Stock Acquisition

  • Stock Purchase At the Closing (as hereinafter defined), subject to the terms and conditions herein contained, the Seller shall sell, convey, transfer, assign and deliver to the Buyer, and the Buyer shall purchase and acquire, the Shares, together with all rights and interests associated therewith.

  • Agreement to Purchase and Sell Stock Subject to the terms and conditions of this Agreement, the Company agrees to sell to each of the Investors at the Closing (as defined below), and each of the Investors agrees to purchase from the Company at the Closing, the number of shares of the Company's Common Stock set forth opposite such Investor's name on the Schedule of Investors (collectively, the "Shares") at a price of $39.00 per share.

  • Public Offering of the Shares The Representatives hereby advise the Company that the Underwriters intend to offer for sale to the public, as described in the Prospectus, their respective portions of the Shares as soon after this Agreement has been executed and the Registration Statement has been declared effective as the Representatives, in their sole judgment, have determined is advisable and practicable.

  • Capital Stock of Merger Sub Each share of the common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and become one fully paid and nonassessable share of common stock, $0.01 par value per share, of the Surviving Corporation.

  • Purchase and Sale of the Sponsor Warrants (i) At least one business day prior to the consummation of the Public Offering (the “Initial Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 6,333,334 Sponsor Warrants at a price of $1.50 per warrant for an aggregate purchase price of $9,500,000 (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructions. On the Initial Closing Date, upon the payment by the Purchaser of the Purchase Price by wire transfer of immediately available funds to the Company, the Company, at its option, shall deliver a certificate evidencing the Sponsor Warrants purchased on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. (ii) On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date”, and, each Over-allotment Closing Date (if any) together with the Initial Closing Date, being sometimes referred to herein as a “Closing Date,” or the “Closing Dates”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to 750,000 Sponsor Warrants at a price of $1.50 per warrant for an aggregate purchase price of up to $1,125,000 (if the over-allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company, the Company shall, at its option, deliver a certificate evidencing the Sponsor Warrants purchased on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.