Common use of Purchase and Sale of Interests Clause in Contracts

Purchase and Sale of Interests. Subject to the terms and conditions of this Agreement, at the Closing, each of the Sellers shall transfer and deliver to the Buyer, and the Buyer shall purchase and accept from each of the Sellers, all of the right, title and interest of the applicable Seller, as of the Closing Date, in and to the Class A Interests and the Class B Interests owned by the applicable Seller.

Appears in 1 contract

Samples: Purchase Agreement (INFONXX, Inc.)

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Purchase and Sale of Interests. Subject to Upon the terms and subject to the conditions of this Agreement, at the ClosingClosing on the Closing Date, each of the Sellers shall Seller agrees to sell, assign, convey, transfer and deliver to the Buyer, and the Buyer shall purchase and accept agrees to acquire from each of the Sellers, Seller all of the right, title and interest of the applicable such Seller, ’s Interests as of the Closing Dateset forth on Appendix I, in each case, free and to clear of all Liens (other than restrictions under the Class A Interests Securities Act and the Class B Interests owned by the applicable Sellerstate securities Laws).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Revolution Lighting Technologies, Inc.)

Purchase and Sale of Interests. Subject to Upon the terms and subject to the conditions of this Agreement, at the ClosingClosing on the Closing Date, each of the Sellers shall Seller agrees to sell, assign, convey, transfer and deliver to the Buyer, and the Buyer shall purchase and accept agrees to acquire from each of the Sellers, Seller all of the right, title and interest of the applicable Seller, Interests as of the Closing Dateset forth on Appendix I, in each case, free and to clear of all Liens (other than restrictions under the Class A Interests Securities Act and the Class B Interests owned by the applicable Sellerstate securities Laws).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Revolution Lighting Technologies, Inc.)

Purchase and Sale of Interests. Subject to Upon the terms and subject to the conditions of set forth in this Agreement, at on the ClosingClosing Date, each of the Sellers shall transfer sell, transfer, assign and deliver convey to the Buyer, and the Buyer shall purchase and accept from each of the Sellers, all of the rightSellers’ rights, title and interest of the applicable Seller, as of the Closing Date, in and to the Class A Interests Company Interests, free and the Class B Interests owned by the applicable Sellerclear of all liens, claims and encumbrances of any nature whatsoever (collectively, “Liens”).

Appears in 1 contract

Samples: Equity Interest Purchase Agreement (Silver Star Properties Reit, Inc)

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Purchase and Sale of Interests. Subject to Upon the terms and subject to the conditions of set forth in this Agreement, at the Closing, each of the Sellers Seller shall sell, assign, transfer and deliver convey to the Buyer, and the Buyer shall purchase and accept acquire from each the Seller, free and clear of the Sellersall Liens, all of the right, title and interest of the applicable Seller, as of the Closing DateInterests, in exchange for the consideration payable in accordance with the terms and to the Class A Interests and the Class B Interests owned by the applicable Sellerconditions in this ARTICLE 1.

Appears in 1 contract

Samples: Equity Purchase Agreement (Amedisys Inc)

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