Common use of Basic Transaction Clause in Contracts

Basic Transaction. Subject to the terms and conditions set forth in this Agreement, the Buyer agrees to purchase from the Seller, and the Seller agrees to sell to the Buyer, all the Acquired Assets free and clear of any Encumbrance or Tax, for the consideration specified in Section 2.3. The Buyer will have no obligation under this Agreement to purchase less than all of the Acquired Assets.

Appears in 5 contracts

Samples: Purchase Agreement (Rentx Industries Inc), Asset Purchase Agreement (Rentx Industries Inc), Purchase Agreement (Rentx Industries Inc)

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Basic Transaction. Subject to the terms and conditions set forth in this Agreement, the Buyer agrees to purchase from the SellerShareholders, and the Seller agrees Shareholders agree to sell to the Buyer, all the Acquired Assets Shares free and clear of any Encumbrance or Tax, for the consideration specified in Section 2.32.2. The Buyer will have no obligation under this Agreement to purchase less than all of the Acquired AssetsShares.

Appears in 3 contracts

Samples: Purchase Agreement (Rentx Industries Inc), Purchase Agreement (Rentx Industries Inc), Purchase Agreement (Rentx Industries Inc)

Basic Transaction. Subject to the terms and conditions set forth in this Agreement, the Buyer agrees to purchase from the SellerShareholder, and the Seller Shareholder agrees to sell to the Buyer, all of the Acquired Assets Shares, free and clear of any Encumbrance or TaxEncumbrance, for the consideration specified in Section 2.32.2. The Buyer will have no obligation under this Agreement to purchase less than all of the Acquired AssetsShares.

Appears in 2 contracts

Samples: Purchase Agreement (Analytical Surveys Inc), Purchase Agreement (Miller Sol C)

Basic Transaction. Subject to the terms and conditions set ----------------- forth in this Agreement, the Buyer agrees to purchase from the Seller, and the Seller agrees to sell to the Buyer, all of the Acquired Assets Shares, free and clear of any Encumbrance or Tax, in exchange for the consideration specified in Section 2.3Purchase Price. The Buyer will have no right or obligation under this Agreement to purchase less fewer than all of the Acquired AssetsShares.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Tower Corp /Ma/)

Basic Transaction. Subject to the terms and conditions set forth in this Agreement, the Buyer Acquiror agrees to purchase from the SellerCompany, and the Seller Company agrees to sell to the BuyerAcquiror, all the Acquired Assets free and clear of any Encumbrance or Tax, for the consideration specified in Section 2.3. The Buyer will Acquiror shall have no obligation under this Agreement to purchase less than all of the Acquired Assets.

Appears in 1 contract

Samples: Purchase Agreement (Pentastar Communications Inc)

Basic Transaction. Subject to the terms and conditions set forth in this Agreement, the Buyer agrees to purchase from the SellerShareholders, and the Seller agrees Shareholders agree to sell to the Buyer, all the Acquired Assets Shares free and clear of any Encumbrance or TaxEncumbrance, for the consideration specified in Section 2.32.2. The Buyer will shall have no obligation under this Agreement to purchase purchase, nor shall the Shareholders have any obligation under this Agreement to sell, less than all of the Acquired AssetsShares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rentx Industries Inc)

Basic Transaction. (a) Subject to the terms and conditions set forth in this Agreement, the Buyer Acquiror agrees to purchase from the SellerCompany, and the Seller Company agrees to sell to the BuyerAcquiror, all the Acquired Assets free and clear of any Tax or Encumbrance or Tax(other than the Permitted Encumbrances), for the consideration specified in Section 2.3. The Buyer will Acquiror shall have no obligation under this Agreement to purchase less than all of the Acquired Assets.

Appears in 1 contract

Samples: Purchase Agreement (Pentastar Communications Inc)

Basic Transaction. Subject to the terms and conditions set forth in this Agreement, the Buyer agrees to purchase from the each Seller, and the each Seller agrees to sell to the Buyer, all the Acquired Assets free and clear of any Encumbrance or Tax, for the consideration specified in Section 2.3. The Buyer will have no obligation under this Agreement to purchase less than all of the Acquired AssetsAssets of all the Sellers.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rentx Industries Inc)

Basic Transaction. Subject to the terms and conditions set forth in this Agreement, the Buyer agrees to purchase from the Seller, and the Seller agrees to sell to the Buyer, all the Acquired Assets free and clear of any Encumbrance or Tax, for the consideration specified in Section 2.3. The Buyer will have no obligation under this Agreement to purchase less than all of the Acquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rentx Industries Inc)

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Basic Transaction. Subject to the terms and ----------------- conditions set forth in this Agreement, the Buyer agrees to purchase from the SellerSellers, and the Seller agrees Sellers agree to sell to the Buyer, all of the Acquired Assets Interests, free and clear of any Encumbrance or Tax, for the consideration specified in Section 2.32.2. The Buyer will have no obligation under this Agreement to purchase less than all of the Acquired AssetsInterests.

Appears in 1 contract

Samples: Purchase Agreement (Icg Communications Inc /De/)

Basic Transaction. Subject to the terms and conditions set forth in this Agreement, the Buyer agrees to purchase from the each Seller, and the each Seller agrees to sell to the Buyer, all the Acquired Assets free and clear of any Encumbrance or TaxEncumbrance, for the consideration specified in Section 2.3. The Buyer will have no obligation under this Agreement to purchase less than all of the Acquired AssetsAssets of all Sellers.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rentx Industries Inc)

Basic Transaction. Subject to the terms and conditions set forth in this Agreement, the Buyer Acquiror agrees to purchase from the SellerCompany, and the Seller Company agrees to sell to the BuyerAcquiror, all the Acquired Assets free and clear of any Encumbrance or Tax, for the consideration specified in Section 2.3. The Buyer Acquiror will have no obligation under this Agreement to purchase less than all of the Acquired Assets.

Appears in 1 contract

Samples: Purchase Agreement (Pentastar Communications Inc)

Basic Transaction. Subject to the terms and conditions set forth in this Agreement, the Buyer agrees to purchase from the SellerSeller and the Corporation, and the Seller agrees and the Corporation agree to sell to the Buyer, all the Acquired Assets owned by each of them, free and clear of any Encumbrance or Tax, for the consideration specified in Section 2.3. The Buyer will have no obligation under this Agreement to purchase less than all of the Acquired Assets.

Appears in 1 contract

Samples: Purchase Agreement (Rentx Industries Inc)

Basic Transaction. Subject to the terms and conditions set forth in this Agreement, the Buyer agrees to purchase (a) from the Seller, and the Seller agrees to sell to the Buyer, all the Acquired Seller Assets free and clear of any Encumbrance or Tax, and (b) from the Partnership, and the Partnership agrees to sell to the Buyer, all of the Acquired Partnership Assets free and clear of any Encumbrance or Tax, in each case for the consideration specified in Section 2.3. The Buyer will have no obligation under this Agreement to purchase less than all of the Acquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rentx Industries Inc)

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