Examples of Partnership Interest Purchase Agreement in a sentence
The Committee shall determine the number of shares of Restricted Stock, if any, to be granted to a Participant, the purchase price thereof (which, with the exception of grants of Restricted Stock to selected Employees at the closing of the Partnership Interest Purchase Agreement listed on Annex A hereto, shall not be less than Fair Market Value of the Common Stock on the date of purchase) and the applicable Restricted Period.
Pursuant to that certain General Partnership Interest Purchase Agreement of even date herewith (the "PURCHASE AGREEMENT"), Pledgor has executed that one certain promissory note payable to the order of Secured Party in the original principal amount of Three Million Eight Hundred Thousand Dollars ($3,800,000) (the "NOTE"), dated of even date herewith.
Seller has the corporate power to own its properties and carry on its business as now being conducted, to execute and deliver this Agreement and to consummate the transactions Partnership Interest Purchase Agreement 2 #1197649 contemplated by it and otherwise to comply with or perform its obligations under this Agreement.
This Xxxx of Sale is the Xxxx of Sale required by (a) Section 1.4(g) of that certain Partnership Interest Purchase Agreement dated as of December ___, 2005 (the "Point Loma Purchase Agreement"), by and among Point Loma GenPar, Inc., a Nevada corporation and an Affiliate of SCMI ("Point Loma GenPar"); Point Loma Acquisition, Inc., a Nevada corporation and an Affiliate of SCMI ("Point Loma Acquisition"); Surgical Ventures, Inc., a California corporation and an Affiliate of Elite ("SVI"); and Xxxxx X.
Such purchase will be made in accordance with the terms of a Partnership Interest Purchase Agreement substantially in the form set forth in Exhibit E attached hereto.
NOW, THEREFORE, the parties agree as follows: This Assignment is executed and delivered pursuant to the Partnership Interest Purchase Agreement (the “Purchase Agreement”) dated as of March 16, 2012, by and between Seller and Buyer to which reference is made for purposes of identifying the rights and obligations of Seller and Buyer with respect to this Assignment and the Interest assigned, sold, transferred, conveyed, and delivered hereby.
Upon the completion of the transactions contemplated by the Limited Partnership Interest Purchase Agreement dated as of December 29, 1999 by and among SCP Jamex Xxxuisition LLC, a Delaware limited liability company, the Partnership, and the Sellers listed on Schedule 1 thereto, SCP Jamex Xxxuisition LLC shall succeed to the Capital Accounts of the Sellers.
On December 29, 2006, the estate of D.M. Draime also entered into a Partnership Interest Purchase Agreement with Heritage to sell the estate’s 10% limited partnership interest to Heritage for $345.
PPI and Hollywood are, contemporaneously herewith, entering into a General Partnership Interest Purchase Agreement dated as of the date hereof (the "PURCHASE AGREEMENT"), pursuant to which PPI has agreed to sell to Hollywood, and Hollywood has agreed to purchase, the GP Interest.
Dr. Xxxx Xxxxxxxx (hereafter, the “Assignor”), in consideration of the terms and provisions of the Partnership Interest Purchase Agreement entered into by and between Assignor and U.S. Lithotripsy, L.P. (hereafter, the “Assignee”) and the Purchase Price paid by Assignee to Assigner pursuant thereto, hereby assigns, transfers and conveys to Assignee a 13.36% partnership interest in Assignee.