Purchase and Sale of the Membership Interests. (a) At the Closing (as defined in Section 1.2) and subject to and upon the terms and conditions of this Agreement, Sellers agree to sell, transfer, assign and deliver to Buyer, and Buyer agrees to purchase from Sellers, the Membership Interests free and clear of all Liens.
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement (Union Street Acquisition Corp.), Membership Interest Purchase Agreement (Union Street Acquisition Corp.)
Purchase and Sale of the Membership Interests. (a) At Upon the Closing (as defined in Section 1.2) terms and subject to and upon the terms and conditions of this Agreement, Sellers agree to at the Closing, Seller shall sell, transfer, assign and deliver convey to Buyer, and Buyer agrees to shall purchase from SellersSeller, the Membership Interests Interests, free and clear of all Liens. The purchase and sale of the Membership Interests is referred to in this Agreement as the “Acquisition”.
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement (Tiptree Financial Inc.), Membership Interest Purchase Agreement (National Health Investors Inc)
Purchase and Sale of the Membership Interests. (a) At the Closing (as defined in Section 1.2) and subject to Closing, and upon the terms and subject to the conditions of this Agreement, Sellers agree to sell, transfer, assign and deliver to Buyer, and Buyer agrees to purchase from SellersSeller and Holding, and Seller agrees to sell to Buyer and to cause Holding to sell to Buyer, all of the Membership Interests Interests, free and clear of all Liens, for and as full consideration for the sale, transfer, conveyance, assignment and delivery of the Membership Interests, the amounts and in the manner specified in Section 2.2.
Appears in 1 contract
Samples: Membership Interest Purchase and Sale Agreement (Ormat Technologies, Inc.)
