Purchased Securities definition
Examples of Purchased Securities in a sentence
The Company shall update Schedule I as necessary to reflect the Purchased Securities and Purchase Price applicable to each Closing.
At such closing, (i) the Purchaser shall deliver to the Company, without set off or counterclaim, via wire transfer to an account designated by the Company, the purchase price in immediately available Dollars, (ii) the Company shall deliver to the Purchaser the applicable Purchased Securities as set forth in Section 2.2(a), and (iii) the Company and the Purchaser shall deliver to each other the other items set forth in Sections 2.2(a) and 2.2(b), respectively.
The Purchased Securities constitute all of the issued and outstanding Equity Securities of the Company and GSC.
Purchaser is acquiring the Purchased Securities for investment and not with a view toward or for sale in connection with any distribution thereof, or with any present intention of distributing or selling such Purchased Securities.
Such Seller has the sole power and authority to sell, transfer, assign and deliver the Purchased Securities as provided in this Agreement, and such delivery will convey to Purchaser good and valid title to the Purchased Securities, free and clear of any and all Liens (other than restrictions imposed on transfer under applicable federal and/or state securities laws or regulations).