Purchased Interests definition

Purchased Interests has the meaning set forth in the Recitals.
Purchased Interests has the meaning set forth in the recitals to this Agreement.
Purchased Interests has the meaning set forth in Section 2.1.

Examples of Purchased Interests in a sentence

  • Upon consummation of the transactions under this Agreement, B▇▇▇▇ will be the sole record and beneficial owner of the Purchased Interests acquired from each Selling Member, free and clear of all Liens.

  • At the Closing, on the terms and subject to the conditions set forth in this Agreement, each Selling Member shall sell, transfer, assign, convey and deliver to Buyer, and B▇▇▇▇ shall purchase each Selling Member, all of such Selling Member’s right, title and interest in and to the Purchased Interests listed on Schedule 2.1, free and clear of all Liens, in exchange for receiving the Total Purchase Price payable in accordance with this Agreement.

  • Prior to the Closing, as a result of the Selling Member’s ownership of the Purchased Interests, certain Affiliates of the Selling Members exercised direct and indirect control of the Company as set forth on Schedule 3.1(c), and certain of the Company Total AP Amounts are payable to such Affiliates of the Selling Members.


More Definitions of Purchased Interests

Purchased Interests has the meaning provided such term in the recitals of this Agreement.
Purchased Interests shall have the meaning set forth in the recitals.
Purchased Interests has the meaning set forth in the Purchase Agreement.
Purchased Interests means all of the outstanding shares, and limited liability company membership or partnership interests of the Purchased Entities.
Purchased Interests shall have the meaning specified in SECTION 2.3(a).
Purchased Interests shall have the meaning set forth in the Preliminary Statement hereof.
Purchased Interests shall have the meaning set forth in the Recitals to this Agreement..