SALE AND PURCHASE; CONSIDERATION Sample Clauses

SALE AND PURCHASE; CONSIDERATION. A. SELLER does hereby agree to sell the Rig to BUYER and BUYER does hereby agree to purchase the Rig from SELLER upon the basis of the terms and conditions set forth in this Agreement.
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SALE AND PURCHASE; CONSIDERATION. Subject to the terms and conditions of this Agreement, at the Closes (as defined below), Purchaser shall purchase from Seller, and Seller shall sell, transfer and convey to Purchaser, the Shares for aggregate sale proceeds of $5,232,158.44 (the “Consideration”). Allocation of the Shares between, and the Consideration to be paid at each Close by, MTVP and MTRCM, as applicable, shall be made as set forth on Schedule I. Payment of the Consideration shall be made on the date of each Close by wire transfer of immediately available funds in U.S. Dollars to an account designated by Seller prior to the applicable Close. Purchaser acknowledges and agrees that Seller is only willing to sell, transfer and convey all of the Shares and not a portion thereof and, accordingly, Purchaser agrees that, after the first Close, it will be required to purchase the remainder of the Shares on the date scheduled for such second Close as set forth on Schedule I and otherwise in accordance with the terms and conditions of this Agreement.
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SALE AND PURCHASE; CONSIDERATION. 2.1 Subject to the terms of this Agreement, on the Closing Date Seller will sell, assign, convey, transfer and deliver to Buyer, free and clear of any Encumbrances, other than under the terms of the Share Exchange Agreement and the Voting and Support Agreement to which Buyer is becoming a party concurrently with the effectiveness of this Agreement, and Buyer will purchase and acquire from Seller, the GLG Shares.
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SALE AND PURCHASE; CONSIDERATION. 3.1 Party A agrees to sell, and Party B agrees to buy the Buildings and Land Use Rights.
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SALE AND PURCHASE; CONSIDERATION. 1.1 The Vendor hereby sells to the Purchaser and the Purchaser hereby purchases from the Vendor the Shares, free from all liens, charges and encumbrances and together with all accrued benefits and rights attached thereto.
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SALE AND PURCHASE; CONSIDERATION. On the terms and subject to the conditions herein, AMS hereby agrees to purchase from BSC, and BSC hereby agrees to sell to AMS, the Purchased Shares at a price per share equal to the average closing price of the Common Stock as reported on the Nasdaq Global Market for the twenty (20) consecutive trading days up to and including the date of execution of this Agreement (the “Initial Per Share Purchase Price”).
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SALE AND PURCHASE; CONSIDERATION. 3.1 Sale and Purchase 3.2 Amount and Form of Consideration 3.3 Payment of Consideration.
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SALE AND PURCHASE; CONSIDERATION 
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Related to SALE AND PURCHASE; CONSIDERATION

  • Purchase Consideration The consideration payable in connection with a purchase transaction shall be debited from the appropriate deposit account of the Portfolio as of the time and date that funds would ordinarily be required to settle the transaction in the applicable market. The Custodian shall promptly recredit the amount at the time that the Portfolio or the Fund notifies the Custodian by Proper Instruction that the transaction has been canceled.

  • Purchase Price; Consideration Purchaser shall, on the date hereof (the “Closing Date”), issue to Seller a promissory note, substantially in the form attached hereto as Exhibit B, in the sum of Fifteen Thousand Dollars ($15,000) (the “Promissory Note”) as the consideration for the Ownership Interests.

  • Closing Consideration The closing consideration shall be delivered at the Closing as follows:

  • The Consideration 2.1 The Borrower agrees, as consideration for the Loan, to:

  • Stock Consideration 3 subsidiary...................................................................53

  • Cash Purchase Price The term "Cash Purchase Price" shall have the meaning set forth in Section 2.3(a).

  • Sole Consideration Employee and the Company agree and acknowledge that the sole and exclusive consideration for the Incentive Payments is Employee’s forbearance as described in subsection 7(h)(iii) above. In the event that subsection 7(h)(iii) is deemed unenforceable or invalid for any reason, then the Company will have no obligation to make Incentive Payments for the period of time during which it has been deemed unenforceable or invalid. The obligations and duties of this subsection 7(h) shall be separate and distinct from the other obligations and duties set forth in this Agreement, and any finding of invalidity or unenforceability of this subsection 7(h) shall have no effect upon the validity or invalidity of the other provisions of this Agreement.

  • Transaction Consideration The Transaction Consideration;

  • Initial Consideration On the Effective Date, Retrocessionaire shall reimburse Retrocedant for one hundred percent (100%) of any and all unearned premiums paid by Retrocedant under such Inuring Retrocessions net of any applicable unearned ceding commissions paid to Retrocedant thereunder.

  • Consideration Shares The Consideration Shares, when issued in accordance with the terms and conditions of this Agreement, will be fully paid and non-assessable.

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