SUMMARY OF TRANSACTION. The information in this Article 1 is a summary of the lease transaction between LESSEE and LESSOR. It is set forth for the convenience of the parties only and will not be deemed in any way to amend, detract from or simplify the other provisions of this Lease.
SUMMARY OF TRANSACTION. 1ARTICLE Field result goes here SUMMARY OF TRANSACTION The following is a summary of the sale transaction between BUYER and SELLER. It is set forth for the convenience of the parties only and will not be deemed in any way to amend, detract from or simplify the other provisions of this Sale Agreement.
SUMMARY OF TRANSACTION. In consideration of the respective ownership interests in the Company through issuance of 25,000,000 (Twenty five million) restricted shares of the Company’s Common Stock referred to herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Claimholder hereby sells to the Company all of its right, title and interest in, to and under the unpatented lode and placer mining claims known as the Oatman Gold Project and more particularly described in Exhibit A hereto upon the terms and conditions set forth in this Agreement. Sellers collectively hold a ¼ undivided interest in the 22 unpatented placer claims included in the Oatman Gold Project and designated as unpatented placer claims in Exhibit A, and such interest is hereinafter referred to as the “Property”.
SUMMARY OF TRANSACTION. SEE EXHIBIT B.
SUMMARY OF TRANSACTION. In consideration of a 9.99% ownership interest in the Company through issuance of the Company’s shares of Common Stock and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Claimholder hereby sells to the Company the unpatented lode mining claims known as the Bxxxx Gold Project and more particularly described in Exhibit A hereto (the "Property") upon the terms and conditions set forth in this Agreement.
SUMMARY OF TRANSACTION. On and subject to the terms and conditions of this Agreement, Buyer agrees to purchase all of the Lawriter Interests from the Members and each Member agrees to sell, transfer and assign to Buyer all of its Lawriter Interest for the consideration specified below in this Section 2. (b)
SUMMARY OF TRANSACTION. This term sheet (this “Term Sheet”) describes a proposed restructuring (the “Restructuring”) for Six Flags, Inc. (“SFI”), Six Flags Operations, Inc. (“SFO”) and Six Flags Theme Parks, Inc. (“SFTP”) and certain of SFTP’s domestic subsidiaries (the “SFTP Subsidiaries”; together with SFI, SFO and SFTP, the “Debtors”) pursuant to joint plans of reorganization (collectively, the “Plan”) which would be filed by the Debtors in connection with a contemplated chapter 11 filing. Subject to the satisfaction or waiver of the conditions described below, the Restructuring described herein is supported by the steering committee of lenders (the “Steering Committee Lenders”)(2) party to the Second Amended and Restated Credit Agreement dated as of May 25, 2007 (as amended, the “Credit Agreement”) among SFI, SFO and SFTP, JPMorgan Chase Bank N.A., as administrative agent (the “Agent”), the Steering Committee Lenders and the other lenders parties thereto (collectively, the “Lenders”). This Term Sheet does not include a description of all of the terms, conditions and other provisions that are to be contained in the Plan and the related definitive documentation governing the Restructuring. The Plan will provide for the restructuring of the Debtors’ balance sheets. Except for the Credit Agreement obligations (and swap obligations secured ratably therewith, collectively the “Credit Agreement Obligations”), all claims against or interests in SFTP and the SFTP Subsidiaries (collectively, the “SFTP Debtors”) will be unimpaired. The Credit Agreement Obligations will be impaired and each holder thereof will receive distributions equal to its Credit Agreement Obligations claims comprised of its
SUMMARY OF TRANSACTION. In consideration for an amount of 33,000,000 (Thirty three million) shares of Common Stock of the Company and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Claimholder hereby sells to the Company the mining claims more particularly described in Exhibit A hereto and more commonly referred to as the Yaba Silver Mine (the “Property”) upon the terms and conditions set forth in this Agreement.
SUMMARY OF TRANSACTION. The Shareholder owns 63,783 common shares (the “Shares”) of Island Heritage Insurance Company, a Cayman Island insurance company (the “Company”). The Buyer wishes to acquire the Shares from the Shareholder on the terms set forth in this Agreement. In consideration of the mutual covenants, representations, warranties, and agreements hereinafter set forth, and intending to be legally bound hereby, and in order to set forth the terms and conditions of the Buyer’s acquisition of the Shares, the parties agree as follows:
SUMMARY OF TRANSACTION. Seller wishes to sell and Buyer wishes to purchase all of the business of Seller (the “Business”) and assets related to the Business of Seller, subject to certain of the liabilities of Seller. ARTICLE I
