Purchase and Sale Clause Example with 33 Variations from Business Contracts

This page contains Purchase and Sale clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Purchase and Sale. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company (i) the Note in the original principal amount of $110,000, and (ii) the Inducement Shares. 1.1. Form of Payment. On the Closing Date, (i) the Buyer shall pay the purchase price of $100,000 (the "Purchase Price") for the Securities to be issued and sold to it at the Closing (as defined below) by wire transfer of immediately available funds to a company account de...signated by the Company, in accordance with the Company's written wiring instructions, against delivery of the Securities, and (ii) the Company shall deliver such duly executed Securities on behalf of the Company, to the Buyer, against delivery of such Purchase Price. 1.2. Closing Date. The date and time of the issuance and sale of the Securities pursuant to this Agreement (the "Closing Date") shall be on or about December 3, 2015, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. View More

Variations of a "Purchase and Sale" Clause from Business Contracts

Purchase and Sale. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company (i) the Note in the original principal amount of $110,000, $55,000, and (ii) the Inducement Shares. Warrant to purchase shares of Common Stock (together, the "Securities"). The number of Warrants shall be determined by multiplying 100% (one hundred percent) by the aggregate amount of the Original Principal Amount that is funded and paid to the Company (as define...d in the Note) divided by the Conversion Price (as defined in the Note) on the day of closing. 1.1. Form of Payment. On the Closing Date, (i) the Buyer shall pay the purchase price of $100,000 $50,000 (the "Purchase Price") for the Securities to be issued and sold to it at the Closing (as defined below) by wire transfer of immediately available funds to a company account designated by the Company, in accordance with the Company's written wiring instructions, against delivery of the Securities, and (ii) the Company shall deliver such duly executed Securities on behalf of the Company, to the Buyer, against delivery of such Purchase Price. 1.2. Closing Date. The date and time of the issuance and sale of the Securities pursuant to this Agreement (the "Closing Date") shall be on or about December 3, January 22, 2015, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. View More
Purchase and Sale. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company (i) the Note in the original principal amount of $110,000, $500,000.00 and (ii) the Inducement Shares. Warrant to purchase 769,231 shares of Common Stock. 1.1. 1.1 Form of Payment. On the Closing Date, (i) the Buyer shall pay the purchase price of $100,000 $450,000.00 (the "Purchase Price") for the Securities (as defined in this Agreement) to be issued and sold ...to it at the Closing (as defined below) by wire transfer of immediately available funds to a company account designated by the Company, in accordance with the Company's written wiring instructions, against delivery of the Securities, and (ii) the Company shall deliver such duly executed Securities on behalf of the Company, to the Buyer, against delivery of such Purchase Price. On the Closing Date, the Buyer shall withhold a non-accountable sum of $10,000.00 from the Purchase Price to cover the Buyer's legal fees in connection with the transactions contemplated by this Agreement. 1.2. Closing Date. The date and time of the issuance and sale of the Securities pursuant to this Agreement (the "Closing Date") shall be on or about December 3, 2015, May 18, 2022, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. View More
Purchase and Sale. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company (i) the Note in the original principal amount of $110,000, $220,000, and (ii) the Inducement Shares. Warrant to purchase shares of Common Stock. The number of Warrants shall be determined by multiplying 50% (fifty percent) by the aggregate amount of the Original Principal Amount that is funded and paid to the Company (as defined in the Note) divided by the Conve...rsion Price (as defined in the Note) on the day of closing. 1.1. Form of Payment. On the Closing Date, (i) the Buyer shall pay the purchase price of $100,000 (the "Purchase Price") for the Securities to be issued and sold to it at the Closing (as defined below) by wire transfer of immediately available funds to a company account designated by the Company, in accordance with the Company's written wiring instructions, against delivery of the Securities, and (ii) the Company shall deliver such duly executed Securities on behalf of the Company, to the Buyer, against delivery of such Purchase Price. 1.2. Closing Date. The date and time of the issuance and sale of the Securities pursuant to this Agreement (the "Closing Date") shall be on or about December 3, 2015, October 9, 2014, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. View More
Purchase and Sale. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company (i) the Note in the original principal amount of $110,000, $55,000, and (ii) the Inducement Shares. Warrant to purchase 250,000 shares of Common Stock, (collectively, the Note, the Warrant and any shares of the Company's Common Stock into which the Warrants shall convert shall be referred to hereinafter as (the "Securities"). 1.1. Form of Payment. On the Closing... Date, (i) the Buyer shall pay the purchase price of $100,000 $50,000 (the "Purchase Price") for the Securities to be issued and sold to it at the Closing (as defined below) by wire transfer of immediately available funds to a company Company account designated by the Company, in accordance with the Company's written wiring instructions, against delivery of the Securities, and (ii) the Company shall deliver such duly executed Securities on behalf of the Company, to the Buyer, against delivery of such Purchase Price. 1.2. Closing Date. The date and time of the issuance and sale of the Securities pursuant to this Agreement (the "Closing Date") shall be on or about December 3, January 22, 2015, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. View More
Purchase and Sale. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company (i) the Note in the original principal amount of $110,000, $150,000 and (ii) the Inducement Shares. Warrant to purchase 666,667 shares of Common Stock. 1.1. Form of Payment. On the Closing Date, (i) the Buyer shall pay the purchase price of $100,000 $135,000 (the "Purchase Price") for the Securities (as defined in this Agreement) to be issued and sold to it at t...he Closing (as defined below) by wire transfer of immediately available funds to a company account designated by the Company, in accordance with the Company's written wiring instructions, against delivery of the Securities, and (ii) the Company shall deliver such duly executed Securities on behalf of the Company, to the Buyer, against delivery of such Purchase Price. 1.2. Closing Date. The date and time of the issuance and sale of the Securities pursuant to this Agreement (the "Closing Date") shall be on or about December 3, 2015, September 9, 2022, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. View More
Purchase and Sale. On the Closing Date (as defined below), the Company shall issue and sell to the each Buyer and the each Buyer agrees to purchase from the Company (i) the Note in the original principal amount of $110,000, $750,000 and (ii) the Inducement Shares. Warrant. 1.1. Form of Payment. On the Closing Date, (i) the Buyer shall pay the purchase price of $100,000 $750,000 (the "Purchase Price") for the Securities Note and the Warrant (the "Securities") to be issued and sold to it at the Closing (as defined b...elow) by wire transfer of immediately available funds to a company account designated by the Company, in accordance with the Company's written wiring instructions, against delivery of the Securities, and (ii) the Company shall deliver such duly executed Securities on behalf of the Company, to the Buyer, against delivery of such Purchase Price. 1.2. Closing Date. The date and time of the issuance and sale of the Securities pursuant to this Agreement (the "Closing Date") shall be on or about December 3, 2015, August 28, 2018, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. View More
Purchase and Sale. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company (i) restricted common shares. (collectively the Note in the original principal amount of $110,000, and (ii) the Inducement Shares. "Securities"). 1.1. Form of Payment. On the Closing Date, (i) the Buyer shall pay the purchase price of $100,000 $220,000 (the "Purchase Price") for the Securities to be issued and sold to it at the Closing (as defined below) below),... by wire transfer of immediately available funds to a company Company account designated by the Company, in accordance with the Company's written wiring instructions, against delivery of the Securities, and (ii) the Company shall deliver such duly executed Securities on behalf of the Company, to the Buyer, against delivery of such Purchase Price. 1.2. Closing Date. Date(s). The date and time of the issuance and sale of the Securities pursuant to this Agreement (the "Closing Date") for the Closing shall be on or about December 3, 2015, January 29, 2021, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. View More
Purchase and Sale. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company (i) the Note in the original principal amount of $110,000, $125,000 and (ii) the Inducement Shares. 1.1. Warrant to purchase shares of Common Stock. 1.1 Form of Payment. On the Closing Date, (i) the Buyer shall pay the purchase price of $100,000 $112,500 (the "Purchase Price") for the Securities (as defined in this Agreement) to be issued and sold to it at the C...losing (as defined below) by wire transfer of immediately available funds to a company account designated by the Company, in accordance with the Company's written wiring instructions, against delivery of the Securities, and (ii) the Company shall deliver such duly executed Securities on behalf of the Company, to the Buyer, against delivery of such Purchase Price. 1.2. 1.2 Closing Date. The date and time of the issuance and sale of the Securities pursuant to this Agreement (the "Closing Date") shall be on or about December 3, 2015, May 24, 2022, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. View More
Purchase and Sale. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company (i) the Note in the original principal amount of $110,000, $287,500, and (ii) the Inducement Shares. Warrant to purchase 60,000 shares of Common Stock; subject to adjustment. 1.1. Form of Payment. On the Closing Date, (i) the Buyer shall pay the purchase price of $100,000 $250,000 (the "Purchase Price") for the Securities to be issued and sold to it at the Closi...ng (as defined below) by wire transfer of immediately available funds to a company account designated by the Company, in accordance with the Company's written wiring instructions, against delivery of the Securities, and (ii) the Company shall deliver such duly executed Securities on behalf of the Company, to the Buyer, against delivery of such Purchase Price. 1.2. Closing Date. The date and time of the issuance and sale of the Securities pursuant to this Agreement (the "Closing Date") shall be on or about December 3, 2015, September 15, 2017, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. View More
Purchase and Sale. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company (i) the Note in the original principal amount of $110,000, $86,250, and (ii) the Inducement Shares. Warrant to purchase 18,000 shares of Common Stock; subject to adjustment. 1.1. Form of Payment. On the Closing Date, (i) the Buyer shall pay the purchase price of $100,000 $75,000 (the "Purchase Price") for the Securities to be issued and sold to it at the Closing... (as defined below) by wire transfer of immediately available funds to a company account designated by the Company, in accordance with the Company's written wiring instructions, against delivery of the Securities, and (ii) the Company shall deliver such duly executed Securities on behalf of the Company, to the Buyer, against delivery of such Purchase Price. 1.2. Closing Date. The date and time of the issuance and sale of the Securities pursuant to this Agreement (the "Closing Date") shall be on or about December October 3, 2015, 2017, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. View More