AGREEMENT TO SELL AND REPURCHASE Sample Clauses

AGREEMENT TO SELL AND REPURCHASE. In the event of DeJoria's failure of performance or early termination of this agreement as set out herein, DeJoria agrees to sell and GKIS agrees to repurchase unvested Initial Shares as defined herein at the original purchase price of $.05 per share. Each month during the term of this agreement, one-twelfth of the Initial Shares shall no longer be subject to such required repurchase by GKIS, or in other words, such shares shall vest. The shares remaining after the previous months' fractions of shares have vested shall be considered unvested. The Initial Shares shall immediately and automatically vest upon material breach by GKIS of this agreement or any of its warranties and representations, without notice or action by DeJoria, and shall no longer be subject to repurchase.
Sample 1
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AGREEMENT TO SELL AND REPURCHASE. In the event of CANION's failure of performance or early termination of this agxxxxxxx as set out herein, CANION agrees to sell and GKIS agrees to repurchase unvested Inxxxxx Shares as defined herein. Each month during the term of this agreement, one-twelfth of the Initial Shares shall no longer be subject to such required repurchase by GKIS, or in other words, such shares shall vest. The shares remaining after the previous months' fractions of shares have vested shall be considered unvested. The Initial Shares shall immediately and automatically vest upon material breach by GKIS of this agreement or any of its warranties and representations, without notice or action by CANION, and shall no longer be subject to repurchase.
Sample 1
AGREEMENT TO SELL AND REPURCHASE. Upon the basis of the representations and warranties and subject to the terms and conditions herein set forth, XStream hereby agrees to sell, and Global Beverage hereby agrees to repurchase, the Shares for an aggregate purchase price of $700,000 (the "Purchase Price").
Sample 1

Related to AGREEMENT TO SELL AND REPURCHASE

  • Agreement to Sell and Purchase Subject to and in accordance with the terms and conditions of this Agreement, Buyer agrees to purchase the Assets from Seller, and Seller agrees to sell the Assets to Buyer.

  • Agreement to Sell 1.1 Seller hereby agrees to sell the Project to Purchaser, and Purchaser hereby agrees to purchase the Project from Seller, in accordance with the terms and subject to the conditions hereinafter set forth.

  • Agreement to Sell and to Purchase Subject to and in accordance with the terms, conditions and provisions hereof, Seller agrees to sell the Property to Buyer, and Buyer agrees to purchase the Property from Seller.

  • Agreement to Sell and Buy Subject to the terms and conditions set forth in this Agreement, Seller hereby agrees to transfer and deliver to Buyer on the Closing Date, and Buyer agrees to purchase, all of the Assets, free and clear of any claims, liabilities, mortgages, liens, pledges, conditions, charges, or encumbrances of any nature whatsoever (except for those permitted in accordance with Section 2.5, 3.5 or 3.6 below), more specifically described as follows:

  • Agreement to Sell and Contribute on the Closing Date On the terms and subject to the conditions set forth in this Agreement, Santander Consumer does hereby irrevocably sell, transfer, assign, contribute and otherwise convey to the Purchaser without recourse (subject to the obligations herein) on the Closing Date all of Santander Consumer’s right, title and interest in, to and under the Receivables, the Collections after the Cut-Off Date, the Receivable Files and the Related Security relating thereto, whether now owned or hereafter acquired, as evidenced by an assignment substantially in the form of Exhibit A delivered on the Closing Date (collectively, the “Purchased Assets”). The sale, transfer, assignment, contribution and conveyance made hereunder does not constitute and is not intended to result in an assumption by the Purchaser of any obligation of the Originator to the Obligors, the Dealers, insurers or any other Person in connection with the Receivables or the other assets and properties conveyed hereunder or any agreement, document or instrument related thereto.

  • Agreement to Sell and Purchase the Securities Upon the terms and subject to the conditions hereinafter set forth, at the Closing (as defined in Section 3.1), the Company will sell to the Investor, and the Investor will purchase from the Company, the aggregate amount of Securities set forth on the Investor’s signature page hereto at the purchase price set forth on such signature page.

  • Agreement to Sell and Purchase the Shares At the Closing (as defined in Section 3), the Company will sell to the Purchaser, and the Purchaser will buy from the Company, upon the terms and conditions hereinafter set forth, the number of Shares (at the purchase price) shown below:

  • Agreement to Purchase and Sell On the terms and subject to the conditions set forth in this Agreement, each Originator, severally and for itself, agrees to sell to the Buyer, and the Buyer agrees to purchase from such Originator, from time to time on or after the Closing Date, but before the Purchase and Sale Termination Date (as defined in Section 1.4), all of such Originator’s right, title and interest in and to:

  • Agreement to Purchase and Sell Stock Subject to the terms and conditions of this Agreement, the Company agrees to sell to each of the Investors at the Closing (as defined below), and each of the Investors agrees to purchase from the Company at the Closing, the number of shares of the Company's Common Stock set forth opposite such Investor's name on the Schedule of Investors (collectively, the "Shares") at a price of $39.00 per share.

  • Agreement to Transfer The Transferor hereby agrees to Transfer to the Transferee, pursuant and subject to the terms and conditions set forth in the Agreement and the BCA Approval Order, the Commitment Percentage set forth beneath its signature in the signature page hereto (and Schedule 1 to the Agreement shall be deemed to have been revised in accordance with the Agreement).

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