Common use of Purchase Transaction Clause in Contracts

Purchase Transaction. At the Closing, and subject to and upon the terms and conditions of this Agreement and the provisions of applicable Law, each Seller shall sell to Purchaser, and Purchaser shall purchase from each Seller, all right, title and interest in and to all shares of Company Capital Stock owned directly, indirectly or beneficially, by each Seller (all of such shares of capital stock, the “Seller Shares”) for the consideration specified in Section 1.3.