Concurrent Transaction. The Seller understands and acknowledges that in conjunction with the repurchase contemplated by this Agreement, that the Company is issuing and selling 135,301,552 shares of Common Stock at an aggregate price equal to the Purchase Price hereunder, and that the repurchase hereunder is a condition to such issuance and sale.
Concurrent Transaction. The transactions set forth on Section 5.02(f) of the Parent Disclosure Schedule shall have been consummated or terminated.
Concurrent Transaction. Concurrently with the execution and delivery of this Agreement, Newpark, certain of the Partners and other interested parties are executing and delivering an agreement (the "Related Agreement") pursuant to which Newpark intends to acquire (the "Related Acquisition") on the Closing Date, solely in exchange for 186,666 newly issued shares of voting Common Stock of Newpark, 100% of the outstanding equity interests in CHEMICAL TECHNOLOGIES, INC., a Texas corporation. The consummation of the Related Acquisition on or before the Closing Date is a condition precedent to each party's obligations under this Agreement unless waived in writing by such party.
Concurrent Transaction. The Excluded Assets shall have been distributed in accordance with Section 6.11.
Concurrent Transaction. On or immediately prior to the Initial Closing Date:
Concurrent Transaction. Seller understands and acknowledges that the Company's other shareholder, Larrx Xxxx ("XOPP") xas negotiated separately with the Purchaser for the sale and purchase of Hopp'x xxxres of the capital stock of the Company. Seller further understands and acknowledges that the Purchaser would not have agreed to purchase the Shares without Hopp'x xxxcurrent agreement to sell his shares in the Company to the Purchaser, that the concurrent purchase of Hopp'x xxxres in the Company is a condition of Closing, and that if negotiations with the Purchaser had been conducted by him jointly with Hopp, Xxller might have realized a higher price for the Shares. Nevertheless, Seller is satisfied with the Purchase Consideration and other terms provided herein, and he is willing and has freely agreed to sell the Shares to the Purchaser for such consideration and on such terms.
Concurrent Transaction. The Concurrent Transaction shall close concurrently with the transactions contemplated herein.
Concurrent Transaction. The Seller understands and acknowledges that in conjunction with the repurchase contemplated by this Agreement, that the Company is issuing and delivering 9,250 shares of the Company’s Series A Convertible Preferred Stock to the Shareholder in exchange of all the issued and outstanding shares of DK thereby effecting a reverse merger with DK, and that the repurchase hereunder is a condition to the closing of such share exchange.
Concurrent Transaction. Concurrently with the execution and delivery of this Agreement, Newpark, the Stockholders and other interested parties are executing and delivering an agreement (the "Related Agreement") pursuant to which Newpark intends to acquire (the "Related Acquisition") on the Closing Date, solely in exchange for 35,554 newly issued shares of voting Common Stock of Newpark, 100% of the outstanding equity interests in FMI WHOLESALE DRILLING FLUIDS, U.S.A, L.P., a Texas limited partnership. The consummation of the Related Acquisition on or before the Closing Date is a condition precedent to each party's obligations under this Agreement unless waived in writing by such party.
Concurrent Transaction. The eMerge Investment shall have been, ---------------------- or concurrently herewith shall be, consummated in accordance with the terms of the Stock Purchase Agreement and the other Material Contracts relating to the eMerge Investment, for such total consideration as set forth in the Material Contracts relating to the eMerge Investment, in each case without any material amendment, modification or waiver thereof except with the consent of the Required Banks, which consent shall not be unreasonably withheld, and the Agent shall have received evidence satisfactory to it to that effect.
