Purchase and Sale Clause Example from Business Contracts

This example Purchase and Sale clause appears in 3 contracts from 1 company

Purchase and Sale. Subject to the terms and conditions and in reliance upon the representations and warranties herein set forth, the Company agrees to issue and sell to each Underwriter, and each Underwriter agrees, severally and not jointly, to purchase from the Company, at the purchase price set forth in Schedule II hereto, the number of Shares set forth opposite such Underwriter's name in Schedule I hereto. The Company understands that the Underwriters intend to make a public offering of the Shares as soon afte...r the effectiveness of this Agreement as in the judgment of the Representative is advisable, and initially to offer the Shares on the terms set forth in the Final Prospectus. The Company acknowledges and agrees that the Underwriters may offer and sell Shares to or through any affiliate of an Underwriter. View More