Michigan Sample Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc.

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• Control #: US-EG-9228
• Format: Word; Rich Text

Description

Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc. regarding the purchase of outstanding capital stock dated December 27, 1999. 7 pages. Title: Michigan Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: This document presents a detailed description of the Michigan Sample Stock Purchase Agreement between Grey stone Funding Corporation (hereinafter referred to as "Buyer") and Schick Technologies, Inc. (hereinafter referred to as "Seller"). This agreement outlines the terms and conditions under which Buyer intends to acquire the stock of Seller, including the transfer of ownership rights, duties, and liabilities. Keywords: Michigan Stock Purchase Agreement, Grey stone Funding Corporation, Schick Technologies, Inc., acquisition, stock, ownership rights, transfer, liabilities. 1. Agreement Structure: The Michigan Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. is divided into several sections to ensure clarity and precision: 1.1 Definitions: This section provides comprehensive definitions of key terms and phrases utilized throughout the agreement. It aims to avoid ambiguity in interpretation. 1.2 Purchase and Sale of Stock: This clause outlines the stock being purchased, including the identification of shares, their value, and consideration for the transfer. 1.3 Representations and Warranties: Both Buyer and Seller present a set of representations and warranties concerning their legal status, financial standing, and the accuracy of information provided during the transaction. 1.4 Conditions Precedent to Closing: This section includes all the conditions that must be fulfilled before the transaction can be completed, such as obtaining necessary approvals, waivers, or consents. 1.5 Closing: It specifies when and how the transfer of stock and associated documents will take place, including the delivery of certificates, payment, and any relevant post-closing activities. 1.6 Covenants and Agreements: Both parties commit to certain responsibilities and obligations before and after the transaction is closed, ensuring smooth transition and cooperation. 1.7 Indemnification and Damages: Defines the indemnification provisions and limits of liability for potential losses incurred due to breaches of representations, warranties, or any other violations of the agreement. 1.8 Termination: Outlines circumstances under which either party may terminate the agreement, along with the consequences and obligations resulting from such termination. Types of Michigan Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc.: 1. Michigan Sample Stock Purchase Agreement — Cash Transaction: This type refers to an agreement in which the purchase consideration is paid entirely in cash, providing a straightforward and immediate transfer of stock ownership. 2. Michigan Sample Stock Purchase Agreement — Stock and Cash Transaction: In this type, the purchase consideration involves a combination of cash and stocks, enabling more flexibility regarding the financial aspects of the transaction. 3. Michigan Sample Stock Purchase Agreement — Asset Exchange Transaction: This agreement encompasses the exchange of assets instead of a direct stock purchase, allowing both parties to utilize specific assets rather than mere financial considerations. Note: The types mentioned above are examples and should be tailored to the unique circumstances and preferences of the parties involved. Conclusion: The Michigan Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. serves as a legally binding document that governs the acquisition of stock. It encompasses various clauses that provide explicit guidance on the terms, rights, and responsibilities associated with the transaction.

Title: Michigan Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: This document presents a detailed description of the Michigan Sample Stock Purchase Agreement between Grey stone Funding Corporation (hereinafter referred to as "Buyer") and Schick Technologies, Inc. (hereinafter referred to as "Seller"). This agreement outlines the terms and conditions under which Buyer intends to acquire the stock of Seller, including the transfer of ownership rights, duties, and liabilities. Keywords: Michigan Stock Purchase Agreement, Grey stone Funding Corporation, Schick Technologies, Inc., acquisition, stock, ownership rights, transfer, liabilities. 1. Agreement Structure: The Michigan Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. is divided into several sections to ensure clarity and precision: 1.1 Definitions: This section provides comprehensive definitions of key terms and phrases utilized throughout the agreement. It aims to avoid ambiguity in interpretation. 1.2 Purchase and Sale of Stock: This clause outlines the stock being purchased, including the identification of shares, their value, and consideration for the transfer. 1.3 Representations and Warranties: Both Buyer and Seller present a set of representations and warranties concerning their legal status, financial standing, and the accuracy of information provided during the transaction. 1.4 Conditions Precedent to Closing: This section includes all the conditions that must be fulfilled before the transaction can be completed, such as obtaining necessary approvals, waivers, or consents. 1.5 Closing: It specifies when and how the transfer of stock and associated documents will take place, including the delivery of certificates, payment, and any relevant post-closing activities. 1.6 Covenants and Agreements: Both parties commit to certain responsibilities and obligations before and after the transaction is closed, ensuring smooth transition and cooperation. 1.7 Indemnification and Damages: Defines the indemnification provisions and limits of liability for potential losses incurred due to breaches of representations, warranties, or any other violations of the agreement. 1.8 Termination: Outlines circumstances under which either party may terminate the agreement, along with the consequences and obligations resulting from such termination. Types of Michigan Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc.: 1. Michigan Sample Stock Purchase Agreement — Cash Transaction: This type refers to an agreement in which the purchase consideration is paid entirely in cash, providing a straightforward and immediate transfer of stock ownership. 2. Michigan Sample Stock Purchase Agreement — Stock and Cash Transaction: In this type, the purchase consideration involves a combination of cash and stocks, enabling more flexibility regarding the financial aspects of the transaction. 3. Michigan Sample Stock Purchase Agreement — Asset Exchange Transaction: This agreement encompasses the exchange of assets instead of a direct stock purchase, allowing both parties to utilize specific assets rather than mere financial considerations. Note: The types mentioned above are examples and should be tailored to the unique circumstances and preferences of the parties involved. Conclusion: The Michigan Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. serves as a legally binding document that governs the acquisition of stock. It encompasses various clauses that provide explicit guidance on the terms, rights, and responsibilities associated with the transaction.