Common use of Purchase and Sale of Payable Gold Clause in Contracts

Purchase and Sale of Payable Gold. (a) Subject to and in accordance with the terms of this Agreement, the Seller hereby agrees to sell to the Purchaser, and the Purchaser hereby agrees to purchase from the Seller, the Payable Gold, free and clear of all Encumbrances, in exchange for the Prepayment Amount.

Appears in 5 contracts

Samples: Gold Purchase and Sale Agreement (Banro Corp), Gold Purchase and Sale Agreement (Banro Corp), Gold Purchase and Sale Agreement (Banro Corp)

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Purchase and Sale of Payable Gold. (a) Subject to and in accordance with the terms of this Agreement, the Seller hereby agrees to sell to the PurchaserPurchasers, and the Purchaser Purchasers hereby agrees agree, in accordance with each Purchaser’s Applicable Percentage, to purchase from the Seller, the Payable Gold, free and clear of all Encumbrances, in exchange for the Prepayment Amount.

Appears in 3 contracts

Samples: Gold Purchase and Sale Agreement (Banro Corp), Gold Purchase and Sale Agreement (Banro Corp), Gold Purchase and Sale Agreement (Banro Corp)

Purchase and Sale of Payable Gold. (a) Subject to and in accordance with the terms of this Agreement, the Seller hereby agrees to sell to the PurchaserPurchasers, and the Purchaser Purchasers hereby agrees agree, in accordance with each Purchaser’s Pro Rata Share, to purchase from the Seller, the Payable Gold, free and clear of all Encumbrances, in exchange for the Prepayment Amount.

Appears in 2 contracts

Samples: Namoya Ii Gold Purchase and Sale Agreement (Banro Corp), Gold Purchase and Sale Agreement (Banro Corp)

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Purchase and Sale of Payable Gold. (a) Subject to and in accordance with the terms of this Agreement, the Seller hereby agrees to sell to the Purchaser, and the Purchaser hereby agrees to purchase from the Seller, the Payable Gold, free and clear of all Encumbrances, in exchange for the Prepayment Amount.

Appears in 1 contract

Samples: Gold Purchase and Sale Agreement (Banro Corp)

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