Equity Interest Purchase Agreement
Judgments or claims against the property or any person having title interest in same.
Equity interest purchase agreement. An interest purchase agreement expresses ownership of a limited liability company and gives you voting and interest in the company. Equity interest purchase agreement. It grants options to the buyer to buy equity interest of the target company at a pre agreed price and on settled terms and conditions on a particular date which is otherwise referred to as the closing date. 3 min read membership interest purchase agreement if you have a private limited liability company llc in the united states you might encounter a long form agreement for purchasing and selling outstanding membership interests.
Upon the terms and subject to the conditions of this agreement on the closing date sellers shall sell transfer assign convey and deliver or cause to be sold transferred assigned conveyed and delivered to buyer and buyer shall purchase free and clear of all encumbrances and interests all right title and interest of sellers and their. Shareholders obtain equity interest when they purchase the shares of stock in a business. If party a exercises the option the purchase price of the purchased equity interest purchase price shall be equal to the original paid in capital paid by the transferor for the purchased equity interest unless then applicable prc laws and regulations require appraisal of the purchased equity interest or stipulate other restrictions on the purchase price. It is different from an asset sale in that the buyer acquires all the assets but also all the liabilities disclosed and undisclosed of the company as a whole.
1 17 llc purchase agreement means this membership interest purchase agreement 1 18 material adverse effect means any event reasonably expected to i result in a material adverse effect on the properties business results of operations condition financial or otherwise or affairs of the company or ii in any manner draw into question the validity of any of the documents. Seller warrants the property is free of all defects in its structure and operating systems such as foundations roof heating. An equity interest purchase agreement facilitates the purchase and sale of the equity interest of a company. Corporation sa and sealed air netherlands holdings v b v a netherlands corporation sabv collectively the sealed.
Enquest plc together with its subsidiaries enquest an independent oil and gas production and development company listed on the london and stockholm stock exchanges enq l and enq st is pleased to announce it has signed a sale and purchase agreement spa with equinor to purchase a 40 81 equity interest in the bressay oil field. Equity purchase agreement. This equity interest purchase agreement dated as of october 30 2012 is made and entered into by and between dc co ltd a japanese corporation the purchaser on the one hand and sealed air corporation a u s. Purchase and sale of equity interests.