Purchase and Sale Clause Example from Business Contracts

This example Purchase and Sale clause appears in 5 contracts from 2 companies

Purchase and Sale. (a) On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Company agrees to sell to each of the Underwriters, and each of the Underwriters, severally and not jointly, agrees to purchase from the Company, at the purchase price specified in Annex I, the principal amount of Notes set forth opposite such Underwriter's name in Annex I. (b) The parties hereto agree that the settlement for all securities pursuant t...o this Agreement shall take place on the terms set forth herein and not as set forth in Rule 15c6-1(a) under the Exchange Act. View More