Common use of Sale and Delivery Clause in Contracts

Sale and Delivery. Shareholders agree to sell and deliver to Acquirer, and Acquirer agrees to purchase and accept from Shareholders, free and clear of all Liens, on the terms and subject to the conditions set forth in this Agreement, and for the purchase price described in Section 1.2, good and marketable title to the Shares. The Shares to be sold and purchased pursuant to this Agreement will, as of the Closing Date, constitute in the aggregate all of the outstanding capital stock of the Company.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Trinity Cos Inc), Securities Purchase Agreement (Trinity Learning Corp), Securities Purchase Agreement (Trinity Learning Corp)

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Sale and Delivery. Shareholders agree Shareholder agrees to sell and deliver to Acquirer, and Acquirer agrees to purchase and accept from ShareholdersShareholder, free and clear of all Liens, on the terms and subject to the conditions set forth in this Agreement, and for the purchase price described in Section 1.2, good and marketable title to the Shares. The Shares to be sold and purchased pursuant to this Agreement will, as of the Closing Date, constitute in the aggregate all of the outstanding capital stock of the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Trinity Learning Corp), Securities Purchase Agreement (Trinity Cos Inc)

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