Common use of Purchase and Sale of Acquired Securities Clause in Contracts

Purchase and Sale of Acquired Securities. Subject to the terms and conditions of this Agreement, at the Closing, Seller shall transfer, sell, and deliver to Buyer, free and clear of all Encumbrances, other than Permitted Equity Encumbrances, and Buyer shall purchase and accept delivery of, the Acquired Securities.

Purchase and Sale of Acquired Securities. Subject to Upon the terms and subject to the conditions of this Agreement, at the Closing, Seller shall transfer, the Sellers will sell, assign, transfer and deliver convey to BuyerPurchaser, and Purchaser shall purchase and acquire from the Sellers, all of the Acquired Securities owned by such Seller free and clear of all Encumbrances, any Liens (other than Permitted Equity Encumbranceslimitations under the Organizational Documents of the issuer of such Acquired Securities or limitations under any federal, and Buyer shall purchase and accept delivery of, state or foreign securities Laws) in exchange for the Acquired Securitiespayment of the Purchase Price in cash to the Sellers.

Purchase and Sale of Acquired Securities. (a) Subject to the terms and conditions of this Agreement, at the Closing, the Seller shall sell, assign, transfer, sell, convey and deliver to Buyer, free and clear of all Encumbrances, other than Permitted Equity Encumbrances, and Buyer shall purchase and accept delivery offrom the Seller, the Acquired Securities, free and clear of any and all Liens.