Common use of Purchase and Sale of Capital Stock Clause in Contracts

Purchase and Sale of Capital Stock. Parent hereby purchases from SPV, and SPV hereby issues and sells to Parent, 1,000 shares of common stock, par value $0.01 per share, of SPV (the "Common Stock") for the Stock Purchase Price set forth in Section 2(a). The shares of Common Stock being purchased under this Agreement are referred to herein as the "Shares." Within three (3) Business Days from the date hereof, SPV shall deliver to Parent a certificate registered in Parent's name representing the Shares.

Appears in 1 contract

Sources: Receivables Sale Agreement (Trendwest Resorts Inc)

Purchase and Sale of Capital Stock. Parent hereby purchases from SPV, and SPV hereby issues and sells to Parent, 1,000 shares of common stock, par value $0.01 per share, of SPV (the "Common Stock") for the Stock Purchase Price set forth in Section 2(a). The shares of Common Stock being purchased under this Agreement are referred to herein as the "Shares." Within three (3) Business Days from the date hereof, SPV shall deliver to Parent a certificate registered in Parent's name representing the Shares.

Appears in 1 contract

Sources: Receivables Sale Agreement (Anixter International Inc)

Purchase and Sale of Capital Stock. Parent hereby purchases from SPV, and SPV hereby issues and sells to Parent, 1,000 [500] shares of common stock, par value [$0.01 0.01] per share, of SPV (the "Common Stock") for the Stock Purchase Price set forth in Section 2(a). The shares of Common Stock being purchased under this Agreement are referred to herein as the "Shares." Within three (3) Business Days from the date hereof, SPV shall deliver to Parent a certificate registered in Parent's name representing the Shares.

Appears in 1 contract

Sources: Receivables Sale Agreement (Avnet Inc)