SUBJECT OF THE TRANSACTION Sample Clauses

SUBJECT OF THE TRANSACTION. Subject to the terms and conditions herein set forth each Seller agrees to sell to the Purchaser, and the Purchaser agrees to purchase from each Seller, the Shares in the Company. As between CTC Network and CTC Media, the Purchaser shall purchase Shares pro rata from each of the Sellers as follows: Percentage of charter capital in the Company acquired from Mr. [**] Percentage of charter capital in the Company acquired from Mr. [**] Percentage of charter capital in the Company acquired from Mr. [**] Percentage of charter capital in the Company acquired from Mr. [**] Resulting overall percentage in the Company CTC Network 59.40 % 12.375 % 14.85 % 12.375 % 99.00 % CTC Media 0.60 % 0.125 % 0.15 % 0.125 % 1.00 % Notwithstanding any other provision of this Agreement to the contrary, in no event shall the Purchaser be obligated to purchase any Share unless it is able to purchase all of the Shares.
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SUBJECT OF THE TRANSACTION. Subject to the terms and conditions herein set forth each Seller agrees to sell to the Purchaser, and the Purchaser agrees to purchase from each Seller, the Shares in the Company. As between CTC Network and CTC Media, the Purchaser shall purchase Shares pro rata from each of the Sellers as follows: Percentage of charter capital in the Company acquired from Mr. Kalvarsky Percentage of charter capital in the Company acquired from Mr. [**] Resulting overall percentage in the Company CTC Network 79.20 % 19.80 % 99.00 % CTC Media 0.80 % 0.20 % 1.00 % Notwithstanding any other provision of this Agreement to the contrary, in no event shall the Purchaser be obligated to purchase any Share unless it is able to purchase all of the Shares.
Sample 1
SUBJECT OF THE TRANSACTION. 1.1 The Purchaser agrees to acquire 100% equity interests of Xxxxxx Xxxxx, Dongwang Network and Fengshun Lubao in accordance with this Agreement.
Sample 1

Related to SUBJECT OF THE TRANSACTION

  • The Transactions (a) It is acknowledged and agreed that, notwithstanding any other provision of this Agreement to the contrary, the facility provided under this Agreement is (i) a committed facility with respect to the Committed Amount and (ii) an uncommitted facility with respect to the Uncommitted Amount, and Purchaser shall have no obligation to enter into any Transactions hereunder with respect to the Uncommitted Amount. All purchases of Mortgage Loans hereunder shall be first deemed committed up to the Committed Amount and then the remainder, if any, shall be deemed uncommitted up the Uncommitted Amount.

  • Conditions to the Transaction 7.1 Conditions to Obligations of Each Party to Effect the Transaction. The respective obligations of each party to this Agreement to effect the Transaction shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:

  • Transactions identified under Section 2 of this Agreement shall be deemed exception services ("Exception Services") when such transactions:

  • Contemplated Transactions “Contemplated Transactions” shall mean the Merger and the other transactions contemplated by the Agreement.

  • Other Transactions Nothing contained herein shall preclude the Agent or any other Lender from engaging in any transaction, in addition to those contemplated by this Agreement or any other Loan Document, with the Borrower or any of its Affiliates in which the Borrower or such Affiliate is not restricted hereby from engaging with any other Person.

  • The Transaction 6 2.1 Purchase and Sale of Assets......................................6 2.2

  • Transaction (1) The present Settlement Agreement constitutes a transaction in accordance with Articles 2631 and following of the Civil Code of Quebec, and the Parties are hereby renouncing any errors of fact, of law and/or of calculation.

  • Validity of Contemplated Transactions The execution, delivery and performance of this Agreement by Buyer, the execution, delivery and performance by Buyer of the Collateral Documents to which it is a party and the consummation of the Transactions do not and will not (a) contravene any provision of the organizational documents of Buyer, or (b) constitute a breach of, or result in a Default under, or cause the acceleration of any payments pursuant to, any agreement, contract, indenture, lease or mortgage to which Buyer is a party or by which either Buyer or its assets is bound, or violate any provision of any applicable Law, permit or license to which Buyer is subject, where any such breaches, Defaults or violations would materially impair the ability of Buyer to consummate and perform the Transactions.

  • Consolidation, Merger or Certain Other Transactions The voluntary sale, conveyance, lease, exchange or transfer (for cash, shares of stock, securities or other consideration) of all or substantially all of the property or assets of the Partnership to, or the consolidation or merger or other business combination of the Partnership with or into, any corporation, trust or other entity (or of any corporation, trust or other entity with or into the Partnership) shall not be deemed to constitute a liquidation, dissolution or winding-up of the Partnership.

  • Consummation of Agreement Buyer shall fulfill and perform in all material respects all conditions and obligations to be fulfilled and performed by Buyer under this Agreement and make every reasonable effort to cause the transactions contemplated by this Agreement to be fully carried out.

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