Common use of Assignment of Share Clause in Contracts

Assignment of Share. Seller hereby assigns (▇▇▇▇▇ ▇▇) the Share to Purchaser who accepts this assignment. This assignment will become valid (condition precedent, aufschiebende Bedingung) as soon as the Purchase Price has been paid to Seller as provided for in Section 2.4(b) hereof.

Appears in 2 contracts

Sources: Purchase Agreement, Purchase Agreement (Dana Holding Corp)