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 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 I hereto, the number of Depositary Shares set forth opposite such Underwriter's name in Schedule II hereto.