Basic Transaction Sample Clauses
The Basic Transaction clause defines the fundamental terms and conditions governing the exchange between parties in a contract. It typically outlines the subject matter of the transaction, the obligations of each party, and the essential details such as price, quantity, and delivery terms. For example, in a sales agreement, this clause would specify what is being sold, the payment terms, and when and how the goods or services will be delivered. Its core practical function is to establish a clear and mutual understanding of the basic deal, thereby reducing ambiguity and minimizing the risk of disputes over the essential elements of the transaction.
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Basic Transaction. On and subject to the terms and conditions of this Agreement, the Buyer agrees to purchase from the Seller, and the Seller agrees to sell to the Buyer, all of its Company Shares for the consideration specified below in this Section 2.
Basic Transaction. On and subject to the terms and conditions of this Agreement, the Buyer agrees to purchase from each of the Seller, and each of the Seller agrees to sell to the Buyer, all of his or its Target Shares for the consideration specified below in this §2.
Basic Transaction. In accordance with the terms and upon the conditions of this Agreement, at the Closing, Sellers shall (a) sell to Buyer and transfer, assign, convey and deliver to Buyer all right, title and interest in and to all of the Target Securities, free and clear of all Liens, and (b) Buyer shall purchase, and shall accept delivery of and acquire from Sellers, all right, title and interest in and to all of the Target Securities, free and clear of all Liens.
Basic Transaction. On and subject to the terms and conditions of this Agreement, at the Closing, Buyer shall purchase from each Seller, and each Seller shall sell to Buyer, all of the Target Equity held by such Seller for the consideration specified below in this Section 2.
Basic Transaction. On and subject to the terms and conditions of this Agreement, the Buyer agrees to purchase from the Seller, and the Seller agrees to sell to the Buyer, all of his Company Shares for the consideration specified below in this (S) 2.
Basic Transaction. Subject to the terms and conditions set forth in this Agreement, the Buyer agrees to purchase from the Seller, and the Seller agrees to sell to the Buyer, all the Acquired Assets free and clear of any Encumbrance or Tax, for the consideration specified in Section 2.
Basic Transaction. On and subject to the terms and conditions of this Agreement, Buyer agrees to purchase from Sellers, and Sellers agree to sell to Buyer, all of the Purchase Securities, free and clear of any Liens and Liabilities other than Permitted Liens (the “Purchase”), all for the consideration specified below in this Section 2.
Basic Transaction. On the terms and subject to the conditions set forth in this Agreement, at the Closing, Buyer shall purchase from Sellers, and Sellers shall sell, convey, assign, transfer and deliver to Buyer, all of the Shares, free and clear of all Encumbrances.
Basic Transaction. 1 2.1. The Merger..........................................................1 2.2. Actions at Closing..................................................2 2.3. Effect of Merger....................................................2
Basic Transaction. On the terms and subject to the conditions of this Agreement, at the Closing, the Buyers agree to purchase and accept delivery from the Seller, and the Seller agrees to sell, assign, transfer and deliver to the Buyers, all of the Interests, in exchange for the Purchase Price.