Common use of Sale of Interests Clause in Contracts

Sale of Interests. On the terms and subject to the conditions set forth herein, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Buyer, and Buyer shall purchase from Seller, all of the right, title and interest of Seller in and to the Interests, free and clear of all Encumbrances (the “Sale”).

Appears in 2 contracts

Samples: Purchase Agreement (Gmac LLC), Purchase Agreement (Residential Capital, LLC)

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Sale of Interests. On the terms and subject to the conditions set forth herein, at the Closing, Seller shall sell, convey, transfer, assign and deliver to BuyerNewCo, and Buyer NewCo shall purchase from Seller, all of the right, title and interest of Seller in and to the Interests, free and clear of all Encumbrances Interests (the “Interests Sale”).

Appears in 1 contract

Samples: Purchase Agreement (Gmac LLC)

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Sale of Interests. On Subject to the terms and subject to the conditions set forth herein, at the Closinghereof, Seller shall sell, convey, transfer, assign and deliver sell to BuyerPurchaser, and Buyer Purchaser shall purchase from Seller, all of the rightSeller’s rights, title title, and interest of Seller in and to the Subject Interests, free and clear of all Encumbrances (the “Sale”).

Appears in 1 contract

Samples: Membership Interest Sale and Purchase Agreement (Cornerstone Healthcare Plus Reit, Inc.)

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