Common use of Purchase and Sale of Shares Clause in Contracts

Purchase and Sale of Shares. (a) Upon the terms and subject to the conditions of this Agreement, on the Closing Date the Seller shall sell, transfer, assign, convey and deliver to the Buyer, and the Buyer shall purchase from the Seller, the Shares, free and clear of all Encumbrances.

Appears in 4 contracts

Samples: Stock Repurchase Agreement (Glen Burnie Bancorp), Stock Repurchase Agreement (Tessco Technologies Inc), Stock Repurchase Agreement (Brightpoint Inc)

AutoNDA by SimpleDocs

Purchase and Sale of Shares. (a) Upon the terms and subject to the conditions of set forth in this Agreement, on at the Closing Date the Closing, Seller shall sell, transfer, assign, transfer and convey and deliver to the Buyer, and the Buyer shall purchase and acquire from the Seller, all of the Shares, free and clear Shares owned by Seller in exchange for the payment of all Encumbrancesthe Estimated Purchase Price to Seller.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Thermon Holding Corp.)

Purchase and Sale of Shares. (a) Upon At the terms Closing, on and subject to the terms and conditions of this Agreement, on the Closing Date the Seller shall sell, transfer, assign, convey transfer and deliver to the Buyer, and the Buyer shall purchase and accept from the Seller, the Shares, free and clear of all EncumbrancesEncumbrances other than those imposed by applicable securities Laws.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Interface Inc), Stock Purchase Agreement (Interface Inc)

Purchase and Sale of Shares. (a) Upon the terms and subject to the conditions of this Agreementset forth herein, on at the Closing Date the Closing, Seller shall sell, transfer, assign, convey and deliver to the BuyerCompany, and the Buyer Company shall purchase purchase, acquire and accept from the Seller, the Shares, free and clear of all EncumbrancesEncumbrances other than Encumbrances created by the Company or this Agreement.

Appears in 2 contracts

Samples: Stock Repurchase Agreement (FBR Capital Markets Corp), Stock Repurchase Agreement (Friedman Billings Ramsey Group Inc)

Purchase and Sale of Shares. (a) Upon At the Closing, upon the terms and subject to the conditions of set forth in this Agreement, on the Closing Date the Seller shall sell, transfer, assign, transfer and convey and deliver to the BuyerPurchaser, and the Buyer Purchaser shall purchase and acquire from the Seller, all of the SharesShares for and in consideration of the Purchase Price, free subject to the adjustments and clear of all Encumbrancespayable in such amounts and at such times as provided herein.

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement (Halyard Health, Inc.)

Purchase and Sale of Shares. (a) Upon In reliance on the terms representations and warranties contained in, and subject to the terms and conditions of of, this Agreement, Sellers shall, on the Closing Date the Seller shall Date, sell, transfer, assign, convey convey, transfer and deliver to the Acquirer or such of its Affiliates that Acquirer designates ("Buyer"), and the Buyer shall purchase and acquire from the SellerSellers, all of the Shares, free and clear of all Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Asbury Automotive Group Inc)

Purchase and Sale of Shares. (a) Upon the terms and subject to the conditions of this Agreement, on the Closing Date the Date, Seller shall sell, transfer, assign, convey and deliver to the Buyer, and the Buyer shall purchase from the Seller, the Shares, free and clear of all Encumbrances (except for Permitted Encumbrances).

Appears in 1 contract

Samples: Stock Purchase Agreement (China INSOnline Corp.)

Purchase and Sale of Shares. (a) Upon the terms and subject to the conditions of this Agreement, on the Closing Date the Date, Seller shall sell, transfer, assign, convey and deliver to the Buyer, and the Buyer shall purchase from the Seller, the Shares, free and clear of all Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (S&t International Distribution Ltd.)

Purchase and Sale of Shares. (a) Upon At the Closing, upon the terms and subject to the conditions of set forth in this Agreement, on the Closing Date the Seller shall sell, transfer, assign, transfer and convey and deliver to the BuyerPurchaser, and the Buyer Purchaser shall purchase and acquire from the Seller, all of the Shares, free Shares for and clear in consideration of all Encumbrancesthe Estimated Purchase Price (less the Indemnity Escrow Amount).

Appears in 1 contract

Samples: Stock Purchase Agreement (Vectrus, Inc.)

Purchase and Sale of Shares. (a) Upon At the Closing, upon the terms and subject to the conditions of set forth in this Agreement, on the Closing Date the Seller shall sell, transfer, assign, transfer and convey and deliver to the Buyer, and the Buyer shall purchase and acquire from the Seller, all of the Shares, free and clear of all Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Computer Outsourcing Services Inc)

Purchase and Sale of Shares. (a) Upon the terms and subject to the conditions of this Agreement, on the Closing Date the Date, Seller shall sell, transfer, assign, convey and deliver to the BuyerBuyers, and the Buyer Buyers shall purchase from the Seller, the Shares, free and clear of all Encumbrances (except for Permitted Encumbrances).

Appears in 1 contract

Samples: Stock Purchase Agreement (Aegis Consumer Funding Group Inc)

Purchase and Sale of Shares. (a) Upon the terms and subject to the conditions of terms set forth in this Agreement, on the Closing Date Date, Buyer does hereby purchase from the Seller shall sell, transfer, assign, convey and deliver to the BuyerSellers, and the Buyer shall purchase from the SellerSellers do hereby sell to Buyer, the Shares, free and clear of all Encumbrances.

Appears in 1 contract

Samples: Equity Purchase Agreement (Digerati Technologies, Inc.)

Purchase and Sale of Shares. (a) Upon the terms On and subject to the terms and conditions of this Agreement, on at the Closing Date (as defined below), the Seller shall sell, transfer, assign, convey and deliver to the Buyer, and the Buyer Company shall purchase from the Seller, and the SharesSeller shall sell to the Company, free and clear all of all Encumbrancesthe Shares for the consideration specified herein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Excelerate Energy, Inc.)

AutoNDA by SimpleDocs

Purchase and Sale of Shares. (a) Upon the terms and subject to the conditions of this Agreement, on the Closing Date the Date, Seller shall sell, transfer, assign, convey and deliver to the Buyer, and the Buyer shall purchase from the Seller, the Shares, free and clear of all Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Citizens Republic Bancorp, Inc.)

Purchase and Sale of Shares. (a) Upon the terms and subject to the conditions of this Agreement, on the Closing Date the Date, Seller shall sell, transfer, assign, convey and deliver to the Buyer, and the Buyer shall purchase from the Seller, the Shares, free and clear of all Encumbrances (except for Permitted Encumbrances).

Appears in 1 contract

Samples: Stock Purchase Agreement (Pacer Health Corp)

Purchase and Sale of Shares. One the Closing Date (a) Upon as hereinafter defined), upon the terms and subject to the satisfaction of the conditions of precedent set forth in this Agreement, on the Closing Date the Seller Sellers shall sell, transfer, assign, convey and deliver the Shares to the Buyer, and the Buyer shall purchase and acquire the Shares from the Seller, the Shares, free and clear of all EncumbrancesSellers.

Appears in 1 contract

Samples: Stock Purchase Agreement (Vs Holdings Inc)

Purchase and Sale of Shares. (a) Upon the terms and subject to the conditions of set forth in this Agreement, at the Closing, Seller shall sell, assign, transfer and convey to Buyer, and Buyer shall purchase and acquire from Seller, all of the Shares in exchange for the payment of the Estimated Purchase Price in cash to Seller. Payment for such Shares shall be made by wire transfer on the Closing Date the of immediately available funds to accounts specified by Seller shall sell, transfer, assign, convey and deliver to the Buyer, and the Buyer shall purchase from the Seller, the Shares, free and clear of all Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hubbell Inc)

Purchase and Sale of Shares. (a) Upon On the terms and subject to the conditions of this Agreementset forth herein, on the Closing Date Date, the Seller shall sell, assign, transfer, assign, convey and deliver to the BuyerPurchaser, and the Buyer Purchaser shall purchase from purchase, acquire and accept, all of the SellerShares. At the Closing, the SharesSeller shall deliver to the Purchaser certificates representing the Shares duly endorsed for transfer by the Company or accompanied by duly executed stock powers in blank, free which shall be satisfactory in form and clear of all Encumbrancessubstance to the Purchaser.

Appears in 1 contract

Samples: Stock Purchase Agreement (Tracinda Corp)

Purchase and Sale of Shares. (a) Upon Subject to the terms and subject conditions hereinafter set forth, at the Closing, the Sellers shall sell, convey, transfer, and deliver to the conditions Purchasers, the numbers of Shares set out below their respective signatures at the end of this Agreement, on the Closing Date the Seller shall sell, transfer, assign, convey and deliver to the Buyer, and the Buyer Purchasers shall purchase the Shares from the Seller, Sellers in consideration of the Shares, free and clear payment of all Encumbrancesthe Purchase Price.

Appears in 1 contract

Samples: Stock Purchase Agreement (Essex Capital Corp)

Purchase and Sale of Shares. (a) Upon the terms and subject to the conditions of this Agreement, on On the Closing Date (as defined below), the Seller shall shall, sell, transfer, assign, convey and deliver to the BuyerPurchaser, and the Buyer Purchaser shall purchase from the Seller, all of the Seller’s right, title and interest in and to the Shares, free and clear of all Encumbrancesany Lien (as defined below).

Appears in 1 contract

Samples: Stock Purchase Agreement (Mocon Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!