Common use of Purchase and Sale of Membership Interests Clause in Contracts

Purchase and Sale of Membership Interests. Upon the terms and ------------------------------------------- subject to the conditions of this Agreement, at the Closing, Seller shall sell, transfer, convey, assign and deliver to Purchaser, and Purchaser shall purchase, acquire and accept from Seller, all of Seller's right, title and interest in and to the Membership Interests of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Oge Energy Corp)

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Purchase and Sale of Membership Interests. Upon the terms and ------------------------------------------- subject to the conditions of set forth in this Agreement, at on the ClosingClosing Date, Seller shall sell, convey, transfer, conveyassign, assign and deliver to PurchaserBuyer, free and clear of all Encumbrances, and Purchaser Buyer (or its designated Affiliate) shall purchase, acquire and accept purchase from Seller, all of Seller's rightthe Purchased Interests, title which Purchased Interests shall be sold, conveyed, transferred, assigned and interest delivered to Buyer for the consideration specified in and to the Membership Interests of the CompanySection 2.2.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Purchase and Sale of Membership Interests. Upon the terms and ------------------------------------------- subject to the conditions of set forth in this Agreement, Seller shall sell, assign, transfer and convey to Buyer, and Buyer shall purchase and acquire from Seller, at the Closing, Seller shall sell, transfer, convey, assign and deliver to Purchaser, and Purchaser shall purchase, acquire and accept from Seller, all of Seller's right, title and interest of the Seller in and to the Membership Interests of the CompanyInterests.

Appears in 1 contract

Samples: Option Agreement (Eclipse Resources Corp)

Purchase and Sale of Membership Interests. Upon the terms and ------------------------------------------- subject to the conditions of set forth in this Agreement, at on the ClosingClosing Date, Seller shall sell, transfer, convey, assign and deliver sell to PurchaserBuyer, and Purchaser Buyer shall purchase, acquire and accept purchase from Seller, all of Seller's rightrights, title and interest in and to the Membership Interests Interests, free and clear of the Companyall liens, claims and encumbrances of any nature whatsoever (collectively, “Liens”).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Business Warrior Corp)

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Purchase and Sale of Membership Interests. Upon the terms and ------------------------------------------- subject to the conditions of this Agreement, at on the ClosingClosing Date, Seller shall sell, transfer, conveyassign, assign convey and deliver to PurchaserBuyer, and Purchaser Buyer shall purchase, acquire and accept purchase from Seller, all of Seller's right, title and interest in and to the Membership Interests Interests, free and clear of the Companyall Encumbrances.

Appears in 1 contract

Samples: Equity Purchase Agreement (Health Care Reit Inc /De/)

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