PURCHASE AND SALE OF SELLER’S TRANSACTION RIGHTS. a. Purchase of the Transferred Rights. (i) On the Transfer Closing Date (as defined below), Seller agrees to sell and deliver to Purchaser, and Purchaser agrees to purchase from Seller, (x) the Purchased Note and (y) the Seller’s Transaction Rights associated with the Purchased Note, in consideration of Purchaser’s payment in cash of the Transfer Price to Seller. (ii) Purchaser understands and acknowledges that the rights and privileges relating to the Transferred Rights are set forth in the Seller’s Note and Purchaser represents that Purchaser has reviewed the terms and provisions contained therein.
Appears in 10 contracts
Samples: Securities Transfer Agreement (Entest Biomedical, Inc.), Securities Transfer Agreement (Entest Biomedical, Inc.), Securities Transfer Agreement (Entest Biomedical, Inc.)
PURCHASE AND SALE OF SELLER’S TRANSACTION RIGHTS. a. Purchase of the Transferred Rights.
(i) On the Transfer Closing Date (as defined below), Seller agrees to sell and deliver to Purchaser, and Purchaser agrees to purchase from Seller, (x) the Purchased Note and (y) the Seller’s 's Transaction Rights associated with the Purchased Note, in consideration of Purchaser’s 's payment in cash of the Transfer Price to Seller.
(ii) Purchaser understands and acknowledges that the rights and privileges relating to the Transferred Rights are set forth in the Seller’s Original Note and Purchaser represents that Purchaser has reviewed the terms and provisions contained therein.
Appears in 2 contracts
Samples: Securities Transfer Agreement (Kenergy Scientific, Inc.), Securities Transfer Agreement (Kenergy Scientific, Inc.)
PURCHASE AND SALE OF SELLER’S TRANSACTION RIGHTS. a. Purchase of the Purchased Note and Transferred Rights.
(i) On the Transfer Closing Date (as defined below), Seller agrees to sell and deliver to Purchaser, and Purchaser agrees to purchase from Seller, (x) the Purchased Note and (y) the Seller’s Transaction Rights associated with the Purchased Note, in consideration of Purchaser’s payment in cash of the Transfer Price to Seller.
(ii) Purchaser understands and acknowledges that the rights and privileges relating to the Transferred Rights are set forth in the Seller’s Note and Purchaser represents that Purchaser has reviewed the terms and provisions contained therein.
Appears in 1 contract
Samples: Securities Transfer Agreement (Attitude Drinks Inc.)
