Share Sale Agreement. Date 2016
Share Sale Agreement. Pursuant to the SSA, the Transferor sold the Share to the Transferee and the Transferee purchased the Share from the Transferor.
Share Sale Agreement. (a) If the sale of the Shares shall be made to the Nominated Party pursuant to Clause 3.2(b), the Guarantor shall, on the Closing Date, conclude the sale and purchase of the Shares with the Nominated Party pursuant to the Share Transfer Documents and the terms set forth in Schedule 1.
(b) The Guarantor undertakes to cooperate with the Lender, the Agent and the Nominated Party (if applicable) to effect and complete a transfer of the Shares to the Nominated Party or the third party buyer, as the case may be, on the Closing Date.
Share Sale Agreement. A summary of the material terms and conditions of the Share Sale Agreement is set out below: • The Company will acquire 100% of the issued capital of Copperhead Resources Pty Ltd (Copperhead Resources) from the shareholders of Copperhead Resources (Copperhead Vendors), which has a 100% legal and beneficial interest in eight (8) granted exploration licences and one (1) exploration licence applications located in the upper Gascoyne Region of Western Australia (approximately 190 km E-NE of Carnarvon) (Acquisition). • The Company will pay a refundable exclusivity fee of $50,000. If the Proposed Acquisition completes, the exclusivity fee will be refunded to the Company. • Completion of the Proposed Acquisition is conditional upon the satisfaction (or waiver) of certain conditions precedent, including: o the Company obtaining the requisite shareholder and regulatory approvals to complete the Proposed Acquisition, including the issue of the Consideration Shares and Consideration Options (if applicable); o completion of legal, financial and technical due diligence by the Company of Copperheadís business, assets, financial position and operations, including the Tenements; and o the Tenements being in good standing and full force and effect and free from any encumbrances, third party interests or any liability to forfeiture or non-renewal under the application mining legislation, (together, the Conditions Precedent). • Subject to satisfaction (or waiver) of the Conditions Precedent, the consideration to be paid by the Company is as follows: o that number of fully paid ordinary shares in the capital of the Company equal in value to $1.74 million (Consideration Shares) based on a deemed issue price per Consideration Share equal to $0.02 each, representing a total of 87,000,000 Consideration Shares;
Share Sale Agreement. Quik Drive USA shall have duly executed and delivered a written share sale agreement in substantially the form of Exhibit H attached hereto (the “Share Sale Agreement”).
Share Sale Agreement. The Concessionaire and the Awarding Authority shall each comply with their respective obligations under the Share Sale Agreement.
Share Sale Agreement. All and any stamp duty payable on the instrument(s) of transfer and Bought and Sold Notes relative to the purchase of the Sale Shares shall be borne by the Seller and the Buyer in equal share. The Buyer shall be responsible for the presentation of the contract notes and instrument(s) of transfer to the stamp duty authorities within the prescribed period for stamping and shall bear any sums payable for late presentation.
Share Sale Agreement. Innocrin Holdings will enter into a Share Sale Agreement with its members in the form attached as Exhibit H (the “Innocrin SSA”), which will impose certain restrictions on the transfer of the Innocrin Shares and will contain substantially equivalent terms to the existing Viamet Holdings Share Sale Agreement (Amended and Restated) (the “Viamet SSA”). See “Rights, Privileges and Preferences of Innocrin Shares” below for additional information regarding the transfer restrictions in the Innocrin SSA.
Share Sale Agreement. Share Sale Agreement together with the Power of Attorney granted to Ocean Holdings Limited pursuant to clause 4.1.1(c).
