Common use of Sale of Membership Interests and Closing Clause in Contracts

Sale of Membership Interests and Closing. 11 2.01 Purchase and Sale 11 2.02 Payment of Purchase Price 11 2.03 Closing 11 2.04 Aggregate Net Working Capital Adjustment Amount 12 ARTICLE 3 REPRESENTATIONS AND WARRANTIES OF SELLER 15 3.01 Existence 15 3.02 Authority 15 3.03 No Consent 15 3.04 No Conflicts 15 3.05 Regulatory Matters 15 3.06 Legal Proceedings 16