Common use of Transfer of Equity Interest Clause in Contracts

Transfer of Equity Interest. Subject to the terms and conditions set forth in this Agreement, at the Closing, Seller shall sell and transfer the Equity Interest to Buyer, and Buyer shall purchase from Seller, the Equity Interest, free and clear of all Encumbrances, charges, claims, or restrictions of any type except as otherwise provided by this Agreement and Buyer shall assume all obligations and liabilities of Seller arising under the Operating Agreement.

Appears in 1 contract

Samples: Equity Purchase Agreement (Medcath Corp)

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Transfer of Equity Interest. Subject to the terms and conditions set forth in this Agreement, at the Closing, Seller and Xxxxx shall sell and transfer the Equity Interest to Buyer, and Buyer shall purchase from SellerSeller and Xxxxx, the Equity Interest, free and clear of all Encumbrances, charges, claims, or restrictions of any type except as otherwise provided by this Agreement and Buyer shall assume all obligations and liabilities of Seller arising under the Operating AgreementAgreement on or after the date hereof, exclusive of the Excluded Seller Liabilities.

Appears in 1 contract

Samples: Debt and Equity Purchase Agreement (Medcath Corp)

Transfer of Equity Interest. Subject to the terms and conditions set forth in this Agreement, at the Closing, Seller shall will sell and transfer the Equity Interest to Buyer, and Buyer shall will purchase from Seller, the Equity Interest, free and clear of all Encumbrances, charges, claims, or restrictions of any type except as otherwise provided by this Agreement and Buyer shall assume all obligations and liabilities of Seller arising under the Operating Agreement.

Appears in 1 contract

Samples: Equity Purchase Agreement (Medcath Corp)

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Transfer of Equity Interest. Subject to the terms and conditions set forth in this Agreement, at the Closing, Seller shall sell and transfer the Equity Interest to Buyer, and Buyer shall purchase from Seller, the Equity Interest, free and clear of all Encumbrances, charges, claims, or restrictions of any type except as otherwise provided by this Agreement and Buyer shall assume all obligations and liabilities of Seller arising under the Operating Agreement.

Appears in 1 contract

Samples: Debt and Equity Purchase Agreement (Medcath Corp)

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