Common use of Basic Transaction Clause in Contracts

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.

Appears in 3 contracts

Sources: Stock Purchase Agreement (Linc Net Inc), Stock Purchase Agreement (Linc Net Inc), Stock Purchase Agreement (Linc Net Inc)

Basic Transaction. On the terms and subject to the conditions set forth in this Agreement, at the ClosingClosings, Buyer or the Company shall purchase from Sellers, and Sellers shall sell, convey, assign, transfer and deliver to BuyerBuyer or the Company, all certain of the Shares, free and clear of all EncumbrancesEncumbrances set forth on the SCHEDULE OF SELLERS.

Appears in 1 contract

Sources: Stock Purchase and Recapitalization Agreement (Linc Net Inc)

Basic Transaction. On the terms and subject to the terms and conditions set forth in of this Agreement, Buyer shall purchase from Sellers and Sellers shall sell, transfer, convey and deliver to Buyer, 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 EncumbrancesAcquired Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement (O Charleys Inc)

Basic Transaction. On the terms and subject to the conditions set forth in this Agreement, at the Closing, Buyer shall purchase from Sellers, the Sellers the Shares and the Sellers shall sell, convey, assign, transfer and deliver sell to Buyer, all of Buyer the Shares, Shares free and clear of all Encumbrances.

Appears in 1 contract

Sources: Stock Purchase Agreement (Linc Net Inc)

Basic Transaction. On the terms and subject to the terms and conditions set forth in of this Agreement, at the Closing, the Buyer shall agrees to purchase from Sellers, the Sellers and the Sellers shall sell, convey, assign, transfer and deliver agree to sell to the Buyer, all of the Shares, Shares free and clear of all EncumbrancesRestrictions.

Appears in 1 contract

Sources: Stock Purchase Agreement (Nationsrent Inc)