Common use of Purchase and Sale of Membership Interests Clause in Contracts

Purchase and Sale of Membership Interests. Upon the terms and subject to the conditions set forth in this Agreement, on the Closing Date, Seller shall sell to Buyer, and Buyer shall purchase from Seller, all of Seller's rights, title and interest in and to the Membership Interests, free and clear of all liens, claims and encumbrances of any nature whatsoever (collectively, “Liens”).

Purchase and Sale of Membership Interests. Upon the terms and subject to the conditions set forth in of this Agreement, on the Closing Date, Seller shall sell sell, transfer, assign, convey and deliver to Buyer, and Buyer shall purchase from Seller, all of Seller's rights, title and interest in and to the Membership Interests, free and clear of all liens, claims and encumbrances of any nature whatsoever (collectively, “Liens”)Encumbrances.

Purchase and Sale of Membership Interests. Upon Subject to the terms and subject to the conditions set forth in this Agreement, on Agreement and in consideration of the Closing DatePurchase Price, Seller shall sell sell, assign, convey, deliver and transfer at the Closing to Buyer, and Buyer shall purchase purchase, acquire and accept at the Closing from Seller, all of Seller's rightsthe right, title and interest of Seller in and to the Membership Interests, so that upon Closing, Buyer shall own, directly, all of the Membership Interests free and clear of all liens, claims and encumbrances of any nature whatsoever (collectively, “Liens”)Encumbrances.

Purchase and Sale of Membership Interests. Upon the terms and subject to the conditions set forth in this Agreement, on the Closing Date, Seller shall sell sell, convey, transfer, assign, and deliver to Buyer, free and clear of all Encumbrances, and Buyer (or its designated Affiliate) shall purchase from Seller, all of Seller's rights, title and interest in and to the Membership Purchased Interests, free which Purchased Interests shall be sold, conveyed, transferred, assigned and clear of all liens, claims and encumbrances of any nature whatsoever (collectively, “Liens”)delivered to Buyer for the consideration specified in Section 2.2.