Assignment of Stock Purchase Agreement Clause Samples

The Assignment of Stock Purchase Agreement clause allows one party to transfer its rights and obligations under the agreement to another party. In practice, this means that if the original buyer or seller wishes to assign their interest in the stock purchase to a third party, they must follow the procedures and obtain any required consents as outlined in the clause. This provision ensures that all parties are aware of and agree to any changes in the parties involved, thereby maintaining transparency and protecting the interests of both the assignor and the non-assigning party.
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Assignment of Stock Purchase Agreement. Purchaser acknowledges that the rights of the Borrower pursuant to the Stock Purchase Agreement and this Agreement have been assigned to Agent, and Purchaser expressly consents to said assignment and agrees that such assignment shall not constitute a "Potential Event of Default", "Event of Default" (as such terms are defined in the Stock Purchase Agreement) or other default of any nature under the Stock Purchase Agreement, and that upon the transfer to Agent or a nominee of Agent or the Banks of the rights of Borrower under this Agreement and Stock Purchase Agreement by foreclosure or transfer in lieu thereof, Agent, the Banks or such nominee shall be entitled to exercise all rights, powers and privileges under the Stock Purchase Agreement and this Agreement to collect and receive any and all amounts to be funded or paid by Purchaser pursuant thereto and this Agreement; provided that the foregoing shall not limit or impair the rights of the Agent to receive payments as provided in Paragraph 3, above.
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Assignment of Stock Purchase Agreement. To the fullest extent permissible, BCAM hereby assigns to Buyer any and all rights it had or currently has under that certain Stock Purchase Agreement dated March 20, 1997 and entered into by and between BCAM, as Purchaser and ▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ as Sellers. BCAM agrees to execute any further documents and shall seek and, to the extent feasible, obtain, in good faith such consents as may be necessary to effectuate the intent of this Section 11.4.
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Assignment of Stock Purchase Agreement the assignment of the Stock --------------------------------------- Purchase Agreement, for security purposes, executed by Acquisition Corp. in favor of Lender, with respect to the Stock Purchase Agreement, as it may be from time to time amended, restated or replaced.
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Assignment of Stock Purchase Agreement 
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Related to Assignment of Stock Purchase Agreement

  • Stock Purchase Agreement Each Purchaser understands and agrees that the conversion of the Notes into equity securities of the Company will require such Purchaser’s execution of certain agreements relating to the purchase and sale of such securities as well as any rights relating to such equity securities.

  • The Purchase Agreement This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors.

  • Amendment to Purchase Agreement Section 1.3 of the Purchase Agreement is hereby amended and restated in its entirety to read as follows:

  • Securities Purchase Agreement This Agreement and the transactions contemplated hereby have been duly and validly authorized by the Company, this Agreement has been duly executed and delivered by the Company and this Agreement, when executed and delivered by the Company, will be, a valid and binding agreement of the Company enforceable in accordance with its terms, subject as to enforceability to general principles of equity and to bankruptcy, insolvency, moratorium, and other similar laws affecting the enforcement of creditors’ rights generally.

  • Terms of the Purchase Agreement The terms of the Purchase Agreement, including, but not limited to, the representations, warranties, covenants, agreements and indemnities relating to the Assigned Contracts are incorporated herein by this reference. The parties hereto acknowledge and agree that the representations, warranties, covenants, agreements and indemnities contained in the Purchase Agreement shall not be superseded hereby but shall remain in full force and effect to the full extent provided therein. In the event of any conflict or inconsistency between the terms of the Purchase Agreement and the terms hereof, the terms of the Purchase Agreement shall govern.