Purchase and Sale of Partnership Interest. On the Closing Date (i) WIC GP hereby sells to CIG Sub 1, and CIG Sub 1 hereby purchases from WIC GP, all of WIC GP’s general partnership interest in WIC for an aggregate cash amount of $106,000,000 (the “Sub 1 Purchase Price”), and (ii) WIC LP hereby sells to CIG Sub 2 and CIG Sub 2 hereby purchases from WIC LP, all of WIC LP’s limited partnership interest in WIC for aggregate cash amount of $106,000,000 (the “Sub 2 Purchase Price”, and together with the Sub 1 Purchase Price, collectively the “Partnership Purchase Price”). Both WIC GP and WIC LP expressly approve and consent to the sale of the partnership interests to CIG Sub 1 and CIG Sub 2, respectively, and both agree to relieve the other from any further obligations under the Partnership Agreement.
Purchase and Sale of Partnership Interest. Cetus hereby purchases, and the Limited Partner hereby sells to Cetus, all of the Limited Partner's Interests in the Partnership.
Purchase and Sale of Partnership Interest. Subject to the terms and conditions of this Agreement, WNC shall purchase from Seller and Seller shall sell, assign, transfer and deliver to WNC, the Partnership Interest, effective as of the close of business on April 1, 1998 (the "Closing"). At the Closing, Seller shall deliver to WNC any and all documents reasonably requested by WNC to evidence the transfer in ownership of the Partnership Interest and any other documents reasonably related to the transactions contemplated by this Agreement.
Purchase and Sale of Partnership Interest. On the terms and subject to the conditions of this Agreement on the Completion Date:
Purchase and Sale of Partnership Interest. 4 2.1 THE CLOSING; CLOSING DATE...............................................................................4 -------------------------
Purchase and Sale of Partnership Interest. Contemporaneously with the signing and delivery of this Agreement, Buyer will buy the Partnership Interest from Seller and Seller will sell the Partnership Interest to Buyer.
Purchase and Sale of Partnership Interest. Upon the terms and subject to the conditions set forth in this Agreement, on the Closing Date the Partnership shall issue and sell to Purchaser, and Purchaser shall purchase from the Partnership, the Purchased Interests free and clear of all Liens and transfer restrictions other than restrictions on transfer under the applicable securities laws and that may arise under the A&R LPA. The purchase price for the Purchased Interests is $366,180,921 (the “Base Purchase Price”) in cash for the portion of the Purchased Interests that are Class A Partnership Units, and $8,000,000 in cash for the portion of the Purchased Interests that are Class D Partnership Units, each as adjusted pursuant to this Agreement (the sum of such amounts following all such adjustments, the “Purchase Price”), payable by Purchaser as set forth herein. Any subsequent payments by Purchaser to the Partnership shall be in accordance with the A&R LPA.
Purchase and Sale of Partnership Interest. Upon the terms and subject to the conditions set forth herein, Seller agrees to convey, sell, transfer, assign, and deliver to Buyer at the Closing (as hereinafter defined), and Buyer agrees to buy and take from Seller at the Closing, all of Seller's right, title, estate, and interest in and to the Partnership Interest, free and clear in each case of all liens, security interests, and encumbrances whatsoever.
Purchase and Sale of Partnership Interest. Subject to the terms and conditions of this Agreement, and in reliance on the representations and warranties contained in this Agreement, as of 9:00 a.m. Houston, Texas time on the Closing Date:
Purchase and Sale of Partnership Interest
