Common use of Purchase and Sale of Purchased Shares Clause in Contracts

Purchase and Sale of Purchased Shares. Subject to the terms and conditions of this Agreement, at the Time of Closing, the Vendor (as beneficial and registered owner) shall sell the Purchased Shares to the Purchaser, free and clear of all Encumbrances, and the Purchaser shall purchase the Purchased Shares. At the Closing hereunder, the Purchaser shall receive good and valid title to such Purchased Shares, free and clear of all Encumbrances.

Appears in 2 contracts

Samples: Share Purchase Agreement (Amdocs LTD), Share Purchase Agreement (Amdocs LTD)

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Purchase and Sale of Purchased Shares. Subject to the terms and conditions of this Agreement, at the Time of Closing, the Vendor (as beneficial and registered owner) shall sell the Purchased Shares to the Purchaser, free and clear of all Encumbrances, and the Purchaser shall purchase from the Purchased Shares. At the Closing hereunderVendor, the Purchaser shall receive good and valid title to such Purchased Shares, free and clear of all EncumbrancesLiens, which Purchased Shares, in the aggregate, constitute as at the date hereof, and shall constitute at Closing, all of the issued and outstanding shares in the capital of the Corporation.

Appears in 1 contract

Samples: Acquisition Agreement (Coffee People Inc)

Purchase and Sale of Purchased Shares. Subject to the terms and conditions of this Agreement, at the Time of Closing, each of the Vendor Vendors (as beneficial and registered owner) shall sell those of the Purchased Shares to the Purchaserset out opposite his, her or its name on free and clear of from all Encumbrancesliens, charges and encumbrances, and the Purchaser shall purchase the Purchased Shares. At the Closing hereunder, the Purchaser shall receive good and valid title to such Purchased Shares, free and clear of all Encumbrancesshares.

Appears in 1 contract

Samples: Share Purchase Agreement (Peace Arch Entertainment Group Inc)

Purchase and Sale of Purchased Shares. Subject to the terms and conditions of this Agreement, at the Time of Closing, the Vendor (as beneficial and registered owner) shall sell to the Purchaser the Purchased Shares to and the Purchaser, Intercorporate Notes free and clear of from all Encumbrancesliens, charges and encumbrances, and the Purchaser shall purchase the Purchased Shares. At the Closing hereunder, the Purchaser shall receive good such shares and valid title to such Purchased Shares, free and clear of all Encumbrancesnotes.

Appears in 1 contract

Samples: Share Purchase Agreement (Magellan Health Services Inc)

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Purchase and Sale of Purchased Shares. Subject to the terms and conditions of this Agreement, at the Time of Closing, the Vendor (as beneficial Purchaser shall subscribe for and registered owner) purchase from the Corporation and the Corporation shall issue and sell to the Purchaser the Purchased Shares to the Purchaser, free and clear of all Encumbrances, and the Purchaser shall purchase the Purchased Shares. At the Closing hereunder, the Purchaser shall receive good and valid title to such Purchased Shares, free and clear of from all Encumbrances.

Appears in 1 contract

Samples: Subscription Agreement (Balanced Care Corp)

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