Common use of Purchase and Sale of ADSs Clause in Contracts

Purchase and Sale of ADSs. Subject to the terms and conditions of this Agreement, and in reliance on the representations, warranties and covenants contained herein, Seller hereby agrees to sell, assign and transfer to Buyer, and Buyer hereby agrees to purchase and accept from Seller, an aggregate of 94,271 ADSs (the “Sale ADSs”), and all rights attaching thereto, including voting rights and the right to all dividends or other distributions having a record date after the date hereof, for a purchase price equal to $92.2140 per ADS (the “Purchase Price”), without interest or adjustment, free and clear of all liens, equities, claims, options, proxies, voting agreements, charges and encumbrances of whatever nature (collectively, “Liens”), payable simultaneously with the execution of this Agreement (against delivery of the Sale ADSs pursuant to Section 3 of this Agreement) by wire transfer in immediately available funds to the account previously specified in writing by Seller, the receipt of which is hereby acknowledged by Seller.

Appears in 1 contract

Samples: American Depositary Share Purchase Agreement (Metlife Inc)

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Purchase and Sale of ADSs. Subject to the terms and conditions of this Agreement, and in reliance on the representations, warranties and covenants contained herein, Seller hereby agrees to sell, assign and transfer to Buyer, and Buyer hereby agrees to purchase and accept from Seller, an aggregate of 94,271 Seventy Five Thousand Nine Hundred Ninety Two (75,992) ADSs (the “Sale ADSs”), . and all rights attaching thereto, including voting rights and the right to all dividends or other distributions having a record date after the date hereof, for a purchase price equal to $92.2140 per ADS (the “Purchase Price”), without interest or adjustment, free and clear of all liens, equities, claims, options, proxies, voting agreements, charges and encumbrances of whatever nature (collectively, “Liens”), payable simultaneously with the execution of this Agreement (against delivery of the Sale ADSs pursuant to Section 3 of this Agreement) by wire transfer in immediately available funds to the account previously specified in writing by Seller, the receipt of which is hereby acknowledged by Seller.

Appears in 1 contract

Samples: American Depositary Share Purchase Agreement (Metlife Inc)

Purchase and Sale of ADSs. Subject to the terms and conditions of this Agreement, and in reliance on the representations, warranties and covenants contained herein, Seller hereby agrees to sell, assign and transfer to Buyer, and Buyer hereby agrees to purchase and accept from Seller, an aggregate of 94,271 81,732 ADSs (the “Sale ADSs”), and all rights attaching thereto, including voting rights and the right to all dividends or other distributions having a record date after the date hereof, for a purchase price equal to $92.2140 per ADS (the “Purchase Price”), without interest or adjustment, free and clear of all liens, equities, claims, options, proxies, voting agreements, charges and encumbrances of whatever nature (collectively, “Liens”), payable simultaneously with the execution of this Agreement (against delivery of the Sale ADSs pursuant to Section 3 of this Agreement) by wire transfer in immediately available funds to the account previously specified in writing by Seller, the receipt of which is hereby acknowledged by Seller.

Appears in 1 contract

Samples: Depositary Share Purchase Agreement (Metlife Inc)

Purchase and Sale of ADSs. Subject to the terms and conditions of this Agreement, and in reliance on the representations, warranties and covenants contained herein, Seller hereby agrees to sell, assign and transfer to Buyer, and Buyer hereby agrees to purchase and accept from Seller, an aggregate of 94,271 ADSs (the “Sale 32,939 ADSs”), and all rights attaching thereto, including without limitation redemption, cancellation or withdrawal rights or any right to receive cash in lieu thereof, voting rights and the right to all dividends or other distributions having a record date after the date hereofhereof (the “Sale ADSs”), for a purchase price equal to $92.2140 per ADS (the “Purchase Price”), without interest or adjustment, free and clear of all liens, equities, claims, options, proxies, voting agreements, charges and encumbrances of whatever nature (collectively, “Liens”), payable simultaneously with the execution of this Agreement (against delivery of the Sale ADSs pursuant to Section 3 of this Agreement) by wire transfer in immediately available funds to the account previously specified in writing by Seller, the receipt of which is hereby acknowledged by Seller.

Appears in 1 contract

Samples: American Depositary Share Purchase Agreement (Metlife Inc)

Purchase and Sale of ADSs. Subject to the terms and conditions of this Agreement, and in reliance on the representations, warranties and covenants contained herein, Seller hereby agrees to sell, assign and transfer to Buyer, and Buyer hereby agrees to purchase and accept from Seller, an aggregate of 94,271 Nine Thousand Nine Hundred Seventy Five (9,975) ADSs (the “Sale ADSs”), and all rights attaching thereto, including voting rights and the right to all dividends or other distributions having a record date after the date hereof, for a purchase price equal to $92.2140 per ADS (the “Purchase Price”), without interest or adjustment, free and clear of all liens, equities, claims, options, proxies, voting agreements, charges and encumbrances of whatever nature (collectively, “Liens”), payable simultaneously with the execution of this Agreement (against delivery of the Sale ADSs pursuant to Section 3 of this Agreement) by wire transfer in immediately available funds to the account previously specified in writing by Seller, the receipt of which is hereby acknowledged by Seller.

Appears in 1 contract

Samples: American Depositary Share Purchase Agreement (Metlife Inc)

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Purchase and Sale of ADSs. Subject to the terms and conditions of this Agreement, and in reliance on the representations, warranties and covenants contained herein, Seller hereby agrees to sell, assign and transfer to Buyer, and Buyer hereby agrees to purchase and accept from Seller, an aggregate of 94,271 ADSs (the “Sale 54 ADSs”), and all rights attaching thereto, including without limitation redemption, cancellation or withdrawal rights or any right to receive cash in lieu thereof, voting rights and the right to all dividends or other distributions having a record date after the date hereofhereof (the “Sale ADSs”), for a purchase price equal to $92.2140 per ADS (the “Purchase Price”), without interest or adjustment, free and clear of all liens, equities, claims, options, proxies, voting agreements, charges and encumbrances of whatever nature (collectively, “Liens”), payable simultaneously with the execution of this Agreement (against delivery of the Sale ADSs pursuant to Section 3 of this Agreement) by wire transfer in immediately available funds to the account previously specified in writing by Seller, the receipt of which is hereby acknowledged by Seller.

Appears in 1 contract

Samples: American Depositary Share Purchase Agreement (Metlife Inc)

Purchase and Sale of ADSs. Subject to the terms and conditions of this Agreement, and in reliance on the representations, warranties and covenants contained herein, Seller hereby agrees to sell, assign and transfer to Buyer, and Buyer hereby agrees to purchase and accept from Seller, an aggregate of 94,271 ADSs (the “Sale 74,516 ADSs”), and all rights attaching thereto, including without limitation redemption, cancellation or withdrawal rights or any right to receive cash in lieu thereof, voting rights and the right to all dividends or other distributions having a record date after the date hereofhereof (the “Sale ADSs”), for a purchase price equal to $92.2140 per ADS (the “Purchase Price”), without interest or adjustment, free and clear of all liens, equities, claims, options, proxies, voting agreements, charges and encumbrances of whatever nature (collectively, “Liens”), payable simultaneously with the execution of this Agreement (against delivery of the Sale ADSs pursuant to Section 3 of this Agreement) by wire transfer in immediately available funds to the account previously specified in writing by Seller, the receipt of which is hereby acknowledged by Seller.

Appears in 1 contract

Samples: American Depositary Share Purchase Agreement (Metlife Inc)

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