Common use of Sale and Closing Clause in Contracts

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of _____ ordinary shares of the Company, par value $0.0001 per share, at a purchase price of US$1.50 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$_____ in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 2 contracts

Samples: Form of Share Purchase Agreement (Honesty Heart Ltd.), Form of Share Purchase Agreement (Hong LTD)

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Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of _____ 438,000 ordinary shares of the Company, par value $0.0001 per share, at a purchase price of US$1.50 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$_____ 657,000 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (CYN Cherish Capital LTD)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of _____ [Number of Shares] ordinary shares of the Companyshares, par value $0.0001 per share, at a purchase market price of US$1.50 2 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$_____ [Purchase Price] in cash payment (the ''Purchase Price’’). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to .to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Hong LTD)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller Xxxxxx agrees to sell an aggregate of _____ 12,296,304 ordinary shares of the Companyshares, par value $0.0001 per share, at a purchase price of US$1.50 0.001 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$_____ 12,296.304 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Hooi Pheng Ang)

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Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of _____ ordinary shares of the Company, par value $0.0001 per share, at a purchase price of US$1.50 3.64 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$__US$ ___ in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Honesty Heart Ltd.)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of _____ 16,031,890 ordinary shares of the Companyshares, par value $0.0001 per share, at a purchase price of US$1.50 0.001 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$_____ 16,031.89 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Hooi Pheng Ang)

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