Common use of Purchase and Sale of the Units Clause in Contracts

Purchase and Sale of the Units. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Seller agrees to issue and sell to the Purchaser, and the Purchaser agrees to purchase from the Seller the Units for the consideration of $45,000,000 (the "Sale Consideration"), payable by wire transfer to an account designated in writing by the Seller.

Appears in 2 contracts

Samples: Common Unit Purchase Agreement (Martin Midstream Partners Lp), Common Unit Purchase Agreement (Martin Midstream Partners Lp)

AutoNDA by SimpleDocs

Purchase and Sale of the Units. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, at the Closing, the Seller agrees to issue and sell to the Purchaser, and the Purchaser agrees to purchase from the Seller the Units for the consideration of $45,000,000 20,000,000 (the "β€œSale Consideration"”), payable by wire transfer to an account designated in writing by the Seller.

Appears in 2 contracts

Samples: Common Unit Purchase Agreement (Martin Midstream Partners Lp), Common Unit Purchase Agreement (Martin Midstream Partners Lp)

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