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)

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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)

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