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

Purchase and Sale of Purchased Shares. On the terms and conditions of this Agreement, each Seller hereby agrees to sell, convey, transfer and assign to Purchaser concurrent herewith, and Purchaser hereby agrees to purchase and acquire concurrent herewith, all right, title and interest in and to the Purchased Shares, free and clear of all Liens (other than Liens imposed by Applicable Law applicable generally to the sale, transfer, pledge or other disposition of securities).

Purchase and Sale of Purchased Shares. On Subject to the terms and conditions of set forth in this Agreement, each the Seller hereby agrees sells, transfer, assigns, conveys and sets over to sell, convey, transfer and assign to Purchaser concurrent herewiththe Purchaser, and the Purchaser hereby agrees to purchase purchases and acquire concurrent herewith, all right, title and interest in and to acquires from the Seller the Purchased Shares, free and clear of all Liens Encumbrances (other than Liens imposed by Applicable Law applicable generally to the sale, transfer, pledge or other disposition of securitiesPermitted Encumbrance).