Example ContractsClausesconditions to the investor’s obligation to purchase shares of common stockVariants
Conditions to the Investor’s Obligation to Purchase Shares of Common Stock
Conditions to the Investor’s Obligation to Purchase Shares of Common Stock contract clause examples

Subject to the terms and conditions set forth in this Agreement, wishes to sell to , and wishes to buy from , shares of 's common stock, $0.000666 par value (theCommon Stock”), subject to the terms and conditions of this Agreement. The shares of Common Stock purchased hereunder are referred to herein as thePurchase Shares.”

Subject to the terms and conditions set forth in this Agreement, the Company wishes to sell to the Buyer, and the Buyer wishes to buy from the Company, up to Twelve Million Dollars ($12,000,000) of the Company’s common stock, par value $0.001 (the “Common Stock”). The shares of Common Stock to be purchased hereunder are referred to herein as the “Purchase Shares

Subject to the terms and conditions set forth in this Agreement, the Company wishes to sell to the Buyer, and the Buyer wishes to buy from the Company, up to Twenty-two Million Dollars ($22,000,000) of the Company’s common stock, par value $0.001 per share (the “Common Stock”). The shares of Common Stock to be purchased hereunder are referred to herein as the “Purchase Shares

Reference is made to that certain Purchase Agreement, dated as of September 21, 2018 (thePurchase Agreement”), entered into by and between , (theCompany”), and (theBuyer”) pursuant to which the Company has agreed to issue to the Buyer shares of the Company's Common Stock, par value $0.001 per share (theCommon Stock”), in an amount up to Five Million Dollars ($5,000,000) (thePurchase Shares”), in accordance with the terms of the Purchase Agreement. In connection with the transactions contemplated by the Purchase Agreement, the Company has registered with the U.S. Securities & Exchange Commission up to 3,727,387 shares of Common Stock to be issued to the Buyer upon purchase by the Buyer from the Company from time to time (thePurchase Shares”).

We are counsel to , (the “Company”), and have represented the Company in connection with that certain Purchase Agreement, dated as of January 25, 2022 (the “Purchase Agreement”), entered into by and between the Company and , (the “Investor”) pursuant to which the Company has agreed to issue to the Investor shares of the Company’s Common Stock, $0.0001 par value (the “Common Stock”), in an amount up to Five Million Dollars ($5,000,000.00) (the “Put Shares”), in accordance with the terms of the Purchase Agreement. In connection with the transactions contemplated by the Purchase Agreement, the Company has registered with the U.S. Securities & Exchange Commission the following shares of Common Stock:

We are counsel to , (theCompany”), and have represented the Company in connection with that certain Purchase Agreement, dated as of December 4, 2023 (thePurchase Agreement”), entered into by and between the Company and (theBuyer”) pursuant to which, among other things, the Company has agreed to issue to the Buyer shares of the Company’s Common Stock, par value $0.0001 per share (theCommon Stock”), in an amount up to Five Million Dollars ($5,000,000) (thePurchase Shares”), in accordance with the terms of the Purchase Agreement. In connection with the transactions contemplated by the Purchase Agreement, the Company has registered with the U.S. Securities and Exchange Commission (theSEC”) ​ shares of Common Stock that may be issued and sold by the Company to the Buyer from time to time (thePurchase Shares”).

We are counsel to , (theCompany”), and have represented the Company in connection with that certain Purchase Agreement, dated as of October 24, 2016 (thePurchase Agreement”), entered into by and between the Company and (theBuyer”) pursuant to which the Company has agreed to issue to the Buyer shares of the Company's Common Stock, $0.001 par value (theCommon Stock”), in an amount up to Five Million Dollars ($5,000,000.00) (thePut Shares”), in accordance with the terms of the Purchase Agreement. In connection with the transactions contemplated by the Purchase Agreement, the Company has registered with the U.S. Securities & Exchange Commission the following shares of Common Stock:

We are counsel to , (the “Company”), and have represented the Company in connection with that certain Purchase Agreement, dated as of March 21, 2017 (the “Purchase Agreement”), entered into by and between the Company and (the “Buyer”) pursuant to which the Company has agreed to issue to the Buyer shares of the Company's Common Stock, $0.001 par value (the “Common Stock”), in an amount up to Five Million Dollars ($5,000,000.00) (the “Put Shares”), in accordance with the terms of the Purchase Agreement. In connection with the transactions contemplated by the Purchase Agreement, the Company has registered with the U.S. Securities & Exchange Commission the following shares of Common Stock:

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