Common use of Purchase and Sale of the Membership Interests Clause in Contracts

Purchase and Sale of the Membership Interests. At the Closing, the Seller will sell, convey, transfer and deliver to the Purchaser, and the Purchaser will purchase and receive from the Seller all Membership Interest in the Company owned by the Seller as of the Closing, which Membership Interests shall represent all of the issued and outstanding membership interests in the Company as of Closing.

Appears in 4 contracts

Samples: Membership Interest Purchase Agreement (Video River Networks, Inc.), Membership Interest Purchase Agreement (Avatech Solutions Inc), Membership Interest Purchase Agreement (Avatech Solutions Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.