Purchase and Sale Clause Example from Business Contracts

This example Purchase and Sale clause appears in 7 contracts from 2 companies

Purchase and Sale. Upon the basis of the representations, warranties and covenants and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the respective Underwriters, severally and not jointly, and the respective Underwriters, severally and not jointly, agree to purchase from the Company, at the purchase price specified in Schedule II hereto (the "Purchase Price"), the respective principal amounts of Securities set opposite their names in Schedule II hereto. The Underwrit...ers will offer the Securities to purchasers initially at a price equal to 100% of the principal amount thereof. Such price may be changed at any time without notice. View More