Examples of Purchased Equity Interests in a sentence
On the terms and subject to the conditions of this Agreement, at the Closing, Parent will, and will cause the other Selling Shareholders to, sell, assign, transfer and deliver to Purchaser or the applicable Purchaser Designee(s), and Purchaser will, or will cause the applicable Purchaser Designee(s) to, purchase, acquire and accept from the Selling Shareholders, all of the right, title and interest of the Selling Shareholders in and to the Purchased Equity Interests.
Buyer is acquiring the Purchased Equity Interests for its own account, for investment, and without any present intention to resell the Purchased Equity Interests.
The aggregate consideration to be paid by Buyer to Seller for the Purchased Equity Interests at Closing shall be (a) $140,000,000 (the “Closing Payment Amount”), plus or minus, as applicable, (b) the adjustments pursuant to Section 2.5.
Party B and/or Party C shall, upon receipt of the Notice of Equity Interest Purchase or Notice of Assets Purchase, transfer the Purchased Equity Interests and/or Purchased Assets to Party A and/or the Designee pursuant to such notice in the manner set forth in Article 1.4 hereof.
Except as set forth in Schedule 3.6(a), Seller owns beneficially and of record all of the Purchased Equity Interests, free and clear of all Liens, and Seller has full right, power and authority to transfer such Purchased Equity Interests to Buyer, free and clear of any Liens.