Common use of Share Sale Clause in Contracts

Share Sale. 2.1 Upon the terms and subject to the conditions of this Agreement, GLAM II shall sell and transfer to SFH, and SFH shall purchase, the Sale Shares free and clear of all Encumbrances. 2.2 Subject to the other terms and conditions of this Agreement, in consideration for the Sale Shares SFH shall, at Closing, deliver and transfer to GLAM II the SFH ADS free and clear of all Encumbrances.

Appears in 2 contracts

Sources: Share Sale Agreement (SouFun Holdings LTD), Share Sale Agreement (IFM Investments LTD)