Common use of Sale of the Stock Clause in Contracts

Sale of the Stock. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Sellers shall sell to Buyer, and Buyer shall purchase from Sellers, the Stock.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Applied Cellular Technology Inc), Purchase and Sale Agreement (Intellesale Com Inc)

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Sale of the Stock. Upon Subject to the terms and subject to the conditions set forth in of this Agreement, at on the Closing, Sellers shall Closing (as defined in Section 2.1) Seller will sell to Buyer, and Buyer shall will purchase from SellersSeller, the StockStock outstanding at Closing and not redeemed concurrently with Closing as hereinafter provided for the consideration specified herein. Seller will bear the cost of any documentary, stamp, sales, transfer, excise or other taxes payable in respect of the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Discus Acquisition Corp)

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Sale of the Stock. Upon the terms and subject to the conditions set forth in this Agreement, at the ClosingClosing (as defined in Section 1.02), Sellers (a) Seller shall sell to Buyer, and Buyer shall purchase from SellersSeller, the Stock, and (b) Seller shall deliver to Buyer certificates representing the Stock, duly endorsed in blank for transfer or accompanied by duly executed stock powers assigning the Stock in blank.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Gulfstream Aerospace Corp)

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