The Stock Purchase. (a) Subject to the terms and conditions ------------------ hereof, promptly after the Company gives notice to the Depositary (as defined in the Offer to Purchase) of its acceptance of shares for payment pursuant to the Tender Offer, the Stockholder shall purchase from the Company, and the Company shall issue, sell and deliver to the Stockholder, a number of shares of Common Stock equal to 2% of the first $5,000,000 worth of shares purchased pursuant to the Tender Offer at a purchase price per share equal to
The Stock Purchase. 7 Section 2.1. The Closing............................................................................ 7 Section 2.2. Purchase and Sale...................................................................... 8 Section 2.3. ARG Option............................................................................. 8 Section 2.4. Delivery of Sale Shares; Payment....................................................... 8
The Stock Purchase. Upon the terms and subject to the provisions set forth in this Agreement, at the Closing (as defined in Section 1.3), SPX shall cause DSC to sell, transfer and deliver to Merger Sub, and CNT shall cause Merger Sub to, and Merger Sub shall, purchase from DSC, all right, title and interest in and to the SPX Class B Common Stock (the "Stock Purchase") for a purchase price per share of $2.3132 in cash, or $172,954,108 in the aggregate (such aggregate consideration, the "Stock Purchase Consideration").
The Stock Purchase. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, the Seller shall sell, convey, assign, transfer and deliver to the Purchaser the Shares, free and clear of all Liens or other defects of title, and the Purchaser shall purchase, acquire and accept the Shares from the Seller.
The Stock Purchase. Option is hereby terminated as of the effective date hereof and is declared to be void and of no further force and effect.
The Stock Purchase. Purchaser shall have purchased and the Company shall have issued and sold the Stock Purchase Shares pursuant to Section 5.4 of this Agreement.
The Stock Purchase. Subject to the terms and conditions of this Agreement, effective as of 8:01 A.M., London time, on the Closing Date (as defined below), Seller hereby shall sell, convey, assign and transfer to Purchaser all of the issued and outstanding capital stock and other ownership interests, if any, in each of the Corporations (the "Stock") free and clear of all Liens (as defined below) and Restrictions (as defined below).
The Stock Purchase. The Stock Purchase shall have been ------------------ consummated.
The Stock Purchase. Subject to the terms and conditions of this Agreement, and in reliance upon the representations, warranties, and covenants contained in this Agreement, at the Closing, Seller shall sell to Buyer, and Buyer shall purchase from Seller, free and clear of any and all mortgages, charges, pledges, claims, security interests, assignments, community property interests, options, equitable interests, liens (statutory or otherwise), title defects or other similar encumbrances or restrictions of any kind (but excluding restrictions on transfer imposed by applicable securities laws) (collectively, “Encumbrances”), the Company Membership Interests, for the consideration set forth in Section 1.02 below, making the Company a wholly owned subsidiary of Buyer.
The Stock Purchase. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, the Buyer hereby agrees to purchase from the Sellers all of the Purchased Shares and the Sellers hereby agree to sell to the Buyer all of the Purchased Shares, free and clear of any and all Liens, for the Purchase Price. At the Closing, an amount equal to $7,100,000, as adjusted pursuant to Section 2.2(a) hereof, (the “Initial Purchase Price”), will be paid as follows: