Common use of Purchase and Sale of Purchased Shares Clause in Contracts

Purchase and Sale of Purchased Shares. Subject to the terms and conditions of this Agreement, at the Time of Closing, the Vendor shall sell to the Purchaser the Purchased Shares and the Intercorporate Notes free and clear from all liens, charges and encumbrances, and the Purchaser shall purchase such shares and notes.

Appears in 1 contract

Samples: Share Purchase Agreement (Magellan Health Services Inc)

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Purchase and Sale of Purchased Shares. Subject On and subject to the terms and conditions of this Agreement, at the Time of ClosingClosing and with effect at the Effective Time, the Vendor Vendors shall sell and convey to the Purchaser the Purchased Shares and the Intercorporate Notes free and clear from all liens, charges and encumbrances, and the Purchaser shall purchase such shares from the Vendors the Purchased Shares, all of which shall be free and notesclear of all Encumbrances of any kind whatsoever at the Time of Closing, for an amount equal to the Purchase Price.

Appears in 1 contract

Samples: Share Purchase Agreement (Network Associates Inc)

Purchase and Sale of Purchased Shares. Subject to the terms and conditions of this Agreement, at the Time of Closing, the Vendor shall sell to the Purchaser the Purchased Shares and the Intercorporate Notes free and clear from all liens, charges and encumbrancesPurchaser, and the Purchaser shall purchase such from the Vendor, the Purchased Shares, free and clear of all Liens, which Purchased Shares, in the aggregate, constitute as at the date hereof, and shall constitute at Closing, all of the issued and outstanding shares and notesin the capital of the Corporation.

Appears in 1 contract

Samples: Acquisition Agreement (Coffee People Inc)

Purchase and Sale of Purchased Shares. Subject to the terms and conditions of this Agreement, at the Time of Closing, each of the Vendor Sellers shall sell to the Purchaser the Purchased Shares and the Intercorporate Notes free and clear from all liens, charges and encumbrances, and the Purchaser shall purchase from such shares Seller, free and notesclear of all Liens, the Purchased Shares set out opposite such Seller's name on Schedule 2.1.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Stationers Supply Co)

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Purchase and Sale of Purchased Shares. Subject to the terms and conditions of this Agreement, at the Time of Closing, the Vendor Purchaser shall subscribe for and purchase from the Corporation and the Corporation shall issue and sell to the Purchaser the Purchased Shares and the Intercorporate Notes free and clear from all liens, charges and encumbrances, and the Purchaser shall purchase such shares and notesEncumbrances.

Appears in 1 contract

Samples: Subscription Agreement (Balanced Care Corp)

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