Common use of Stock Sale Clause in Contracts

Stock Sale. Subject to the terms and conditions of the Closing Documents, the Seller hereby agrees to sell, transfer and deliver to Purchaser, and Purchaser hereby agrees to purchase and accept, the Transferred Shares, in consideration for: (a) the assumption by Purchaser of all of the Companies’ liabilities and (b) the agreement to indemnify Seller as set forth in Article IX (the “Purchase Price”).

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Greenhold Group Inc)

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Stock Sale. Subject to the terms and conditions of the Closing Documents, the Seller hereby agrees to sell, transfer and deliver to Purchaser, and Purchaser hereby agrees agree to purchase and accept, the Transferred Shares, in consideration for: (a) for the assumption payment of the Purchase Price by Purchaser to the Seller, free and clear of all of the Companies’ liabilities and (b) the agreement to indemnify Seller as set forth in Article IX (the “Purchase Price”)any liens, claims or Encumbrances.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Homeland Security Network, Inc.), Stock Purchase Agreement (Sonoma College Inc)

Stock Sale. Subject to the terms and conditions of the Closing Documents, the Seller Sellers hereby agrees agree to sell, transfer and deliver to Purchaser, and Purchaser hereby agrees agree to purchase and accept, the Transferred Shares, in consideration for: (a) for the assumption payment of the Purchase Price by Purchaser of all of to the Companies’ liabilities and (b) the agreement to indemnify Seller as set forth in Article IX (the “Purchase Price”)Sellers.

Appears in 1 contract

Samples: Stock Purchase Agreement (Surforama Com Inc)

Stock Sale. Subject to the terms and conditions of the Closing Documents, the Seller hereby agrees to sell, transfer and deliver to Purchaser, and Purchaser hereby agrees to purchase and accept, the Transferred Shares, in consideration for: (a) for the assumption delivery of 15,000,000 to 20,000,000 shares of common stock of Purchaser as determined by Purchaser of all of the Companies’ liabilities and (b) the agreement to indemnify Seller as set forth in Article IX following formula (the "Purchase Price”)."):

Appears in 1 contract

Samples: Stock Purchase Agreement (Wrestle Plex Sports Entertainment Group LTD)

Stock Sale. Subject to the terms and conditions of the Closing Documents, the Seller Sellers hereby agrees agree to sell, transfer and deliver to Purchaser, and Purchaser hereby agrees to purchase and accept, the Transferred Shares, in consideration for: for the delivery of 6,900,000 common shares of the Purchaser (athe "Purchase Price") the assumption by Purchaser of all to Sellers to be distributed pro-rata based on share ownership of the Companies’ liabilities and (b) the agreement to indemnify Seller Company as set forth detailed in Article IX (the “Purchase Price”)Schedule 2.1.

Appears in 1 contract

Samples: Stock Purchase Agreement (Centurion Gold Holdings Inc)

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Stock Sale. Subject to the terms and conditions of the Closing Documents, the Seller hereby agrees agree to sell, transfer and deliver to Purchaser, and Purchaser hereby agrees to purchase and accept, the Transferred Shares, in consideration for: (a) for the assumption by delivery of 2,000,000 common shares of Purchaser of all of the Companies’ liabilities and (b) the agreement to indemnify Seller as set forth in Article IX (the “Purchase Price”)) by Purchaser to Sellers to be distributed pro-rata based on share ownership of the Company as detailed in Schedule 2.1.

Appears in 1 contract

Samples: Share Purchase Agreement (Babydot CO)

Stock Sale. Subject to the terms and conditions of the Closing Documents, the Seller Sellers hereby agrees agree to sell, transfer and deliver to Purchaser, and Purchaser hereby agrees agree to purchase and accept, the Transferred Shares, in consideration for: for the delivery of 2,250,000 common shares of the Purchaser (athe "Purchase Price") the assumption by Purchaser of all of the Companies’ liabilities and (b) the agreement to indemnify Seller as set forth Sellers to be distributed pro-rata based on share ownership detailed in Article IX (the “Purchase Price”)Schedule 2.1.

Appears in 1 contract

Samples: Stock Purchase Agreement (Navigator Ventures Inc)

Stock Sale. Subject to the terms and conditions of the Closing Documents, the Seller Sellers hereby agrees agree to sell, transfer and deliver to Purchaser, and Purchaser hereby agrees to purchase and accept, the Transferred Shares, in consideration for: (a) for the assumption by Purchaser of all of the Companies’ liabilities and (b) the agreement to indemnify Seller as set forth in Article IX (the “Purchase Price”).delivery of

Appears in 1 contract

Samples: Stock Purchase Agreement (Odyssey Oil & Gas, Inc.)

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