Common use of Transfer of Common Stock Clause in Contracts

Transfer of Common Stock. Subject to the terms and conditions of this Agreement, at the Closing, the Stockholder shall sell, convey, transfer, assign, and deliver to Buyer, and Buyer shall acquire, 100% of the issued and outstanding Common Stock that is not redeemed under Section 2.3 (the "Purchased Shares") free and clear of all Liens.

Appears in 1 contract

Samples: Stock Purchase Agreement (Knight Transportation Inc)

AutoNDA by SimpleDocs

Transfer of Common Stock. Subject to the terms and conditions of this Agreement, at the Closing, the Selling Stockholder shall sell, convey, transfer, assign, and deliver to Buyer, and Buyer shall acquire, 100% of the issued and outstanding Common Stock that is not redeemed under Section 2.3 (the "Purchased Shares") Stock, free and clear of all Liens. As provided in Section 4.3(i) hereof, certain assets will be excluded from the sale and transfer contemplated hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Covenant Transport Inc)

Transfer of Common Stock. Subject to the terms and conditions of this Agreement, at the Closing, the Selling Stockholder and Additional Stockholders shall sell, convey, transfer, assign, and deliver to Buyer, and Buyer shall acquire, 100% of the issued and outstanding Common Stock that is not redeemed under Section 2.3 (the "Purchased Shares") free and clear of all Liens.

Appears in 1 contract

Samples: Stock Purchase Agreement (Covenant Transport Inc)

AutoNDA by SimpleDocs

Transfer of Common Stock. Subject to the terms and conditions of this Agreement, at the Closing, the Selling Stockholder shall sell, convey, transfer, assign, and deliver to Buyer, and Buyer shall acquire, 100% of the issued and outstanding Common Stock that is not redeemed under Section 2.3 (the "Purchased Shares") free and clear of all Liens.

Appears in 1 contract

Samples: Stock Purchase Agreement (Covenant Transport Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!