Common use of Sale and Purchase of the Equity Interest Clause in Contracts

Sale and Purchase of the Equity Interest. (a) Subject to the terms and conditions hereof, and in reliance upon the warranties and covenants contained in this Agreement as of the Effective Date and on the Closing Date, the Purchaser agrees to purchase the Equity Interest from the Sellers and each Seller agrees, jointly and severally, to sell, transfer, convey, assign and deliver the Equity Interest to the Purchaser. (b) Each of the Sellers hereby waives in favor of the Purchaser any pre-emptive or other rights that each Seller has now or might otherwise have in respect of any of the Equity Interest held by the Sellers prior to Closing. Each Seller agrees that the Equity Interest will be transferred free from any Lien and with all rights, including dividend rights, attached or accruing to them on and from the Closing Date.

Appears in 3 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (CDC Software CORP), Stock Purchase Agreement (CDC Corp)

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Sale and Purchase of the Equity Interest. (a) Subject to the terms and conditions hereof, and in reliance upon the representations, warranties and covenants contained in this Agreement as of the Effective Date and on the Closing Date, Date the Purchaser agrees to purchase the Equity Interest from the Sellers and each Seller agrees, jointly and severally, to sell, transfer, convey, assign and deliver the Equity Interest to the Purchaser. (b) Each of the Sellers hereby waives in favor of the Purchaser any pre-emptive or other rights that each Seller has now or might otherwise have in respect of any of the Equity Interest held by the Sellers prior to Closing. Each Seller agrees that the Equity Interest will be transferred free from any Lien and with all rights, including dividend rights, attached or accruing to them on and from the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (CDC Corp)

Sale and Purchase of the Equity Interest. (a) Subject to the terms and conditions hereof, and in reliance upon the representations, warranties and covenants contained in this Agreement as of the Effective Date date hereof and on the Closing Date, Date the Purchaser agrees to purchase the Equity Interest from the Sellers and each Seller agrees, jointly and severally, to sell, transfer, convey, assign and deliver the Equity Interest to the Purchaser. (b) Each of the Sellers hereby waives in favor of the Purchaser any pre-emptive or other rights that each Seller has now or might otherwise have in respect of any of the Equity Interest held by the Sellers prior to Closing. Each Seller agrees that the Equity Interest will be transferred free from any Lien mortgage, charge, lien, pledge or other encumbrance and with all rights, including dividend rights, attached or accruing to them on and from the Closing Date.

Appears in 1 contract

Samples: Share Purchase Agreement (Chinadotcom Corp)

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Sale and Purchase of the Equity Interest. (a) Subject to the terms and conditions hereof, and in reliance upon the warranties and covenants contained in this Agreement as of the Effective Date and on the Closing Date, the Purchaser agrees to purchase the Equity Interest from the Sellers Seller and each the Seller agrees, jointly and severally, agrees to sell, transfer, convey, assign and deliver the Equity Interest to the Purchaser. (b) Each of the Sellers The Seller hereby waives in favor of the Purchaser any pre-emptive or other rights that each the Seller has now or might otherwise have in respect of any of the Equity Interest held by the Sellers Seller prior to Closing. Each The Seller agrees that the Equity Interest will be transferred free from any Lien and with all rights, including dividend rights, attached or accruing to them on and from the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (CDC Corp)

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