Common use of The Stock Purchase Clause in Contracts

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").

Appears in 3 contracts

Sources: Merger Agreement (Inrange Technologies Corp), Merger Agreement (Computer Network Technology Corp), Merger Agreement (Computer Network Technology Corp)