Common use of Sale of the Membership Interest Clause in Contracts

Sale of the Membership Interest. Subject to the terms and conditions set forth in this Agreement, at the Closing (as hereinafter defined) Seller hereby agrees to sell, transfer, convey and deliver to Buyer 49% of the issued and outstanding Membership Interest of the Company, free and clear of all encumbrances, and shall deliver to Buyer certificates representing the Membership Interest, duly endorsed to Buyer or accompanied by duly executed stock powers in form and substance satisfactory to Buyer.

Sale of the Membership Interest. Subject to the terms and ------------------------------- conditions set forth in this Agreement, at the Closing (as hereinafter defined) Seller the Members hereby agrees agree to sell, transfer, convey and deliver to Buyer 49% of the issued and outstanding Membership Interest of the Companyas set forth in Exhibit "A", free and clear of all encumbrances, and shall deliver to Buyer certificates representing the Membership Interest, duly endorsed to Buyer or accompanied by duly executed stock powers in form and substance satisfactory to Buyer.

Sale of the Membership Interest. Subject to the terms and conditions set forth in this Agreement, at the Closing (as hereinafter defined) Seller Member hereby agrees to sell, transfer, convey and deliver to Buyer 49100% of the issued and outstanding Membership Interest of the Company, free and clear of all encumbrances, and shall deliver to Buyer certificates representing the Membership Interest, duly endorsed to Buyer or accompanied by duly executed stock powers in form and substance satisfactory to Buyer.

Sale of the Membership Interest. Subject to the terms and ------------------------------- conditions set forth in this Agreement, at the Closing (as hereinafter defined) Seller hereby agrees to sell, transfer, convey and deliver to Buyer 4951% of the issued and outstanding Membership Interest of the Company, free and clear of all encumbrances, and shall deliver to Buyer certificates representing the Membership Interest, duly endorsed to Buyer or accompanied by duly executed stock powers in form and substance satisfactory to Buyer.