Common use of Purchase and Sale of Interest Clause in Contracts

Purchase and Sale of Interest. Subject to the terms and conditions of this Agreement, Seller hereby sells, conveys, transfers and delivers to Purchaser, and Purchaser hereby purchases from Seller, Seller’s Interest, free and clear of all liens, claims, pledges, security interests and other encumbrances of any kind or nature whatsoever, for the consideration set forth in Section 2.

Purchase and Sale of Interest. Subject to Upon the terms and subject to the conditions of set forth in this Agreement, Seller hereby sellsshall sell, conveysassign, transfers transfer and delivers convey to Purchaser, and Purchaser hereby purchases shall purchase, obtain and acquire from Seller, all of Seller’s Interest's right, title and interest in and to the Shares, free and clear of all claims, liens, claimsmortgages, pledgescharges, security interests interests, encumbrances and other encumbrances restrictions and limitations of any kind or nature whatsoever, for the consideration set forth in Section 2other than restrictions on transferability under federal and state securities laws. .