STOCK EXCHANGED Sample Clauses
The "STOCK EXCHANGED" clause defines the terms and conditions under which shares or stock in a company may be exchanged between parties. Typically, this clause outlines the process for exchanging stock, such as specifying the timing, valuation method, and any required approvals or documentation. For example, it may apply in mergers, acquisitions, or investment agreements where one party's shares are swapped for another's. The core function of this clause is to provide a clear and structured mechanism for stock exchanges, thereby reducing uncertainty and ensuring all parties understand their rights and obligations during the transaction.
STOCK EXCHANGED. Sellers agree to transfer to Buyer, and Buyer agrees to accept from Sellers, on the terms and conditions set forth in this Agreement, all of their stock, of all classes and categories, of ▇▇▇▇▇▇▇ BVI.
STOCK EXCHANGED. Sellers agree to transfer to Buyer, and Buyer agrees to accept from Sellers, on the terms and conditions set forth in this Agreement, all of their stock, of all classes and categories, of ITIS, Inc.
STOCK EXCHANGED. Sellers agree to transfer to Buyer, and Buyer agrees to accept from Sellers, on the terms and conditions set forth in this Agreement, all of their stock, of all classes and categories, in Venco Compliance, Inc.
STOCK EXCHANGED. Seller agrees to transfer to Purchaser, and Purchaser agrees to accept from Seller, on the terms and conditions set forth in this Agreement, all of his stock, of all classes and categories, in CleanWeb.