Common use of SALE AND PURCHASE OF THE SALE SHARES Clause in Contracts

SALE AND PURCHASE OF THE SALE SHARES. (a) Subject to the terms and conditions set forth in this Agreement, the Seller shall sell, and HMTL shall purchase the Sale Shares, together with all rights attaching to them. (b) The consideration for the sale and purchase of the Sale Shares shall be the issue and allotment by HMTL of the HMTL Shares to the Seller. The HMTL Shares shall be issued free of any lien, charge, pledge, option voting arrangement or any other encumbrance, priority or security interest of any nature whatsoever and shall rank pari passu in all respects with the other shares of HMTL on issue as at the Completion Date.

Appears in 13 contracts

Samples: Share Purchase Agreement (Hutchison Telecommunications International LTD), Share Purchase Agreement (Hutchison Telecommunications International LTD), Share Purchase Agreement (Hutchison Telecommunications International LTD)

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