Common use of SALE OF THE SALE SHARES Clause in Contracts

SALE OF THE SALE SHARES. 2.1 Subject to the terms and conditions of this Agreement, the Vendors shall sell as legal and beneficial owners and the Purchaser, relying on the several Warranties, shall purchase the Sale Shares, free from all Encumbrances and together with all rights, dividends, entitlements and advantages now and hereafter attaching thereto. 2.2 The Purchaser shall not be obliged to complete the purchase of any of the Sale Shares unless the purchase of all the Sale Shares is completed simultaneously.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Sun New Media Inc.), Sale and Purchase Agreement (Sun New Media Inc.)

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SALE OF THE SALE SHARES. 2.1 Subject to the terms and conditions of this Agreement, the Vendors Vendor shall sell as legal and beneficial owners owner and the Purchaser, relying on the several Warrantiesrepresentations, warranties and undertakings contained in this Agreement, shall purchase the Sale Shares, free from all Encumbrances and together with all rights, dividends, entitlements rights and advantages benefits now and hereafter attaching thereto, all the Sale Shares. 2.2 The Purchaser shall not be obliged to complete the purchase of any of the Sale Shares unless the purchase of all the Sale Shares is completed simultaneously.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Flextronics International LTD)

SALE OF THE SALE SHARES. 2.1 Subject to the terms and conditions of this Agreement, the Vendors shall sell as legal and beneficial owners owner shall sell and the Purchaser, relying on the several Warranties, shall purchase the Sale Sharestransfer, free from all Encumbrances Encumbrances, and the Purchaser shall purchase, the Sale Shares for the amount of the Sale Share Consideration payable by the Purchaser hereunder, together with all rightsrights attaching to such Sale Share as from Completion including the right to receive all dividends and distributions (if any) declared, dividends, entitlements and advantages now and hereafter attaching theretomade or paid after the date of Completion. 2.2 The Purchaser shall not be obliged to complete the purchase of any of the Sale Shares unless the purchase of all the Sale Shares is completed simultaneously.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Immtech Pharmaceuticals, Inc.)

SALE OF THE SALE SHARES. 2.1 Subject to The Vendors shall, in accordance with the terms and conditions of this Agreement, on Completion sell to the Vendors shall sell as legal Purchaser the Sale Shares (and beneficial owners not part thereof only), and the Purchaser, relying on the several Warranties, Purchaser shall purchase the Sale Shares, Shares free from all Encumbrances encumbrances and together with the benefit of all rights, dividends, benefits and entitlements attaching thereto as at Completion Date and advantages now thereafter (including the right to any dividends or other distributions declared and hereafter attaching theretopayable thereon on or after that date). 2.2 The Purchaser shall not be obliged to complete the purchase of any of the Sale Shares unless the purchase of all the Sale Shares is completed simultaneously.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Ohmyhome LTD)

SALE OF THE SALE SHARES. 2.1 Subject to and upon the terms and conditions of this Agreement, each of the Vendors shall sell as legal and beneficial owners owner sell and the Purchaser, relying on the several Warranties, Purchaser shall purchase all the Sale Shares, Shares with effect from Completion free from all Encumbrances liens, charges and encumbrances and together with all rightsrights attaching thereto including all dividends and distributions declared, dividends, entitlements and advantages now and hereafter attaching theretomade or paid thereafter. 2.2 The Purchaser and/or each of the Vendors shall not be obliged to complete the sale and purchase of any of the Sale Shares unless the purchase of all the Sale Shares is same are completed simultaneously.

Appears in 1 contract

Samples: Agreement for Sale and Purchase of Shares (CBL International LTD)

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SALE OF THE SALE SHARES. 2.1 Subject to the terms and conditions of this Agreement, the Vendors Vendor shall sell as legal and beneficial owners owner of the Sale Shares, and the Purchaser, relying on the several Warranties, Purchaser shall purchase the Sale Shares, free from all Encumbrances and together with all rights, dividends, entitlements and advantages now at the Completion Date and hereafter attaching theretothereafter. 2.2 The Purchaser shall not be obliged to complete the purchase of any of the Sale Shares unless the purchase of all the Sale Shares is completed simultaneously.

Appears in 1 contract

Samples: Master Sale and Purchase Agreement (LTX-Credence Corp)

SALE OF THE SALE SHARES. 2.1 Subject to the terms and conditions of this Agreement, the Vendors Vendor shall sell as legal and beneficial owners owner and the Purchaser, relying on the several Warranties, shall purchase the Sale Shares, free from all Encumbrances and together with all rights, dividends, entitlements and advantages now and hereafter attaching thereto. 2.2 The Purchaser shall not be obliged to complete the purchase of any of the Sale Shares unless the purchase of all the Sale Shares is completed simultaneously.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Sun New Media Inc.)

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