Purchase and Sale of Subsidiaries. On and subject to the terms and conditions of this Agreement, URM agrees to purchase from WLS, and WLS agrees to sell, transfer, convey, and deliver to URM, all of the outstanding stock of the Subsidiaries at the Closing free and clear of any Lien for the consideration with respect to the Acquired Assets specified Section 1.3 below.
Appears in 3 contracts
Sources: Acquisition Agreement (United Restaurant Management, Inc.), Acquisition Agreement (Optimized Transportation Management, Inc.), Acquisition Agreement (Optimized Transportation Management, Inc.)