Purchase and Sale of Acquired Equity Clause Samples
Purchase and Sale of Acquired Equity. Subject to the terms and conditions, and based upon the representations and warranties, hereinafter set forth, Purchaser agrees to purchase, accept and pay for, and Seller agrees to sell, assign and deliver all of the Acquired Equity at the Closing (as hereinafter defined) for the Purchase Price set forth in Section 2.1.
Purchase and Sale of Acquired Equity. On the terms and subject to the conditions set forth in this Agreement, at the Closing, (a) the Purchaser shall purchase, acquire and accept from the Seller, and the Seller shall sell, assign, transfer, convey and deliver to the Purchaser all of the Seller’s right, title and interest in, to and under the Acquired Equity, free and clear of all Liens and (b) the Seller shall receive the Purchase Consideration in exchange for its sale, assignment, transfer, conveyance and delivery of the Acquired Equity to the Purchaser.