PURCHASE AND SALE OF THE. Common Stock -------------------------------------
PURCHASE AND SALE OF THE. COMPANY SHARES 18 Section 2.1. Purchase and Sale of the Company Shares 18 Section 2.2. Purchase Price 18 Section 2.3. Purchase Price Adjustments 18 Section 2.4. Closing 20 Section 2.5. Closing Deliveries 21 Section 2.6. Transfer Taxes 23 ARTICLE III. REPRESENTATIONS AND WARRANTIES REGARDING SELLER AND THE COMPANY GROUP 23 Section 3.1. Organization of Seller, the Company and the Company Group 23 Section 3.2. Authorization 23 Section 3.3. Noncontravention 23 Section 3.4. Title to the Company Shares 24 Section 3.5. Company Group 24 Section 3.6. Government Authorizations 25 Section 3.7. Financial Statements; Indebtedness 25 Section 3.8. Undisclosed Liabilities 26 Section 3.9. Absence of Certain Changes 26 Section 3.10. Tax Matters 26 Section 3.11. Property 27 Section 3.12. Intellectual Property 28 Section 3.13. Environmental Matters 28 Section 3.14. Contracts 29 Section 3.15. Insurance 31 Section 3.16. Litigation 31 Section 3.17. Legal Compliance 31 Section 3.18. Permits 32 Section 3.19. Franchise Matters 32 Section 3.20. Employee Benefit Matters. 33 Section 3.21. Labor Matters 34 Section 3.22. Suppliers and Distributors 34 Section 3.23. Company Group Restaurants 34 Section 3.24. Related Party Transactions 35 Section 3.25. Brokers’ Fees 35 ARTICLE IV. REPRESENTATIONS AND WARRANTIES REGARDING BUYER GROUP 35 Section 4.1. Organization 35 i Section 4.2. Authorization 36 Section 4.3. Noncontravention 36 Section 4.4. Government Authorizations 36 Section 4.5. Financial Sources 36 Section 4.6. Investment 37 Section 4.7. Litigation 37 Section 4.8. Brokers’ Fees 37 Section 4.9. Information 38 Section 4.10. Sponsor Guaranty 38 Section 4.11. Capital Stock of Buyer 38 Section 4.12. Capital Stock of Buyer Parent 38 Section 4.13. Buyer Parent and Buyer 39 Section 4.14. Valid Issuance of Buyer Parent Common Stock 39 Section 4.15. Solvency 39 ARTICLE V. COVENANTS 40 Section 5.1. Conduct of the Company 40 Section 5.2. Access to Information; Confidentiality 43 Section 5.3. Reasonable Best Efforts 44 Section 5.4. Regulatory Approvals 45 Section 5.5. Public Announcements 45 Section 5.6. Tax Matters 46 Section 5.7. Further Assurances 51 Section 5.8. Assumption of Obligations 51 Section 5.9. Equity Financing 51 Section 5.10. Employee Matters 52 Section 5.11. Contribution of Closing Commitment Amount and Issuance of Capital Stock of Buyer Parent 57 Section 5.12. Filing of the Buyer Parent Certificate of Incorporation 57 Section 5.13. Conduct of Business of Buyer Parent and Buyer 57 S...
PURCHASE AND SALE OF THE. ALL OF THE PURCHASED SHARES ----------------------------------------------------
PURCHASE AND SALE OF THE. SHARES 1
PURCHASE AND SALE OF THE. Common Stock. Subject to the terms and conditions hereof, the Company hereby issues and sells to the Investors, and each Investors hereby purchases from the Company, the number of Shares set for opposite such Investor's name in Schedule 1, for a purchase price of $1.57 per share, resulting in an aggregate purchase price for all Shares sold pursuant to the terms hereof of $8,824,355.87.
PURCHASE AND SALE OF THE. TG Business. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing (as defined in Section 2.1) the Company shall sell, assign, transfer, convey and deliver to Buyer, and Buyer shall purchase from the Company, all of the Company's right, title and interest, as of the Closing, to and in the Included Assets (as defined in Section 1.3).
PURCHASE AND SALE OF THE. ACQUIRED ASSETS 1 1.1. Transfer of Acquired Assets 1 1.2. Excluded Assets 3 1.3. Assumption of Liabilities 5 1.4. Excluded Liabilities 6 1.5. Non-Assignment of Assigned Contracts 6 ARTICLE 2 CONSIDERATION 6 2.1. Consideration 6 2.2. Deposit 7 2.3. Minimum Consideration 7 ARTICLE 3 CLOSING AND DELIVERIES 7 3.1. Closing 7 3.2. Sellers’ Deliveries 7 3.3. Buyer’s Deliveries 8
PURCHASE AND SALE OF THE. SHARES 6 2.1 Purchase and Sale of the Shares. 6 2.2 Adjustments to Purchase Price. 7
PURCHASE AND SALE OF THE. SHARES Section 1.1 Purchase and Sale of the Shares..................................... 1 Section 1.2
