New York 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: Exploring the New York Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: The Stock Purchase Agreement (SPA) is a vital legal document that outlines the terms and conditions involved in the purchase and sale of stocks between two parties. This article dives into the New York Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc., shedding light on its key aspects, its importance, and shed light on any different types available. 1. Understanding the Stock Purchase Agreement: The New York Sample Stock Purchase Agreement, specific to the partnership between Grey stone Funding Corporation and Schick Technologies, Inc., serves as a legally binding contract that governs the sale of shares/stocks and the associated rights and obligations between the buyer (Grey stone) and the seller (Schick Technologies). 2. Parties Involved: The agreement details the identities and roles of both parties involved. Grey stone Funding Corporation is identified as the buyer, while Schick Technologies, Inc. assumes the role of the seller. 3. Transaction Details: This section of the agreement covers crucial information such as the number of shares being purchased, the price per share, the total purchase price, and any payment terms or conditions. 4. Representations and Warranties: The agreement elucidates the representations and warranties made by both parties, ensuring the accuracy of the information provided regarding the stocks being sold and purchased. It may include guarantees about the legality, authorization, ownership, and marketability of the shares. 5. Covenants: This section outlines the commitments, promises, and actions both parties agree to undertake to fulfill the terms of the agreement. It may include provisions related to disclosure of financial information, non-compete clauses, confidentiality, and non-solicitation agreements. 6. Closing Conditions: The agreement defines the conditions that must be met by the parties before the closing of the transaction. It clarifies any necessary approvals, consents, or regulatory compliance required. 7. Indemnification: This clause provides protection to both parties from any financial loss caused by a breach of the agreement or misrepresentation. 8. Governing Law and Jurisdiction: The New York Sample Stock Purchase Agreement specifies that it will be governed by the laws of the state of New York. It also designates the appropriate jurisdiction for any legal disputes that may arise. Types of New York Sample Stock Purchase Agreements: While it is not explicitly mentioned that there are different types of New York Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc., variations may exist depending on the specific terms and conditions unique to each transaction. These may include variations in pricing, payment terms, representations, and warranties. However, only a single agreement, tailored to the specific partnership between Grey stone Funding Corporation and Schick Technologies, will exist in this context. Conclusion: The New York Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. serves as a legally binding document, safeguarding the interests of both parties involved in the transaction. It encompasses crucial elements such as transaction details, representations and warranties, covenants, closing conditions, indemnification, and governing law. Although not specified, slight variations may exist in terms of specific transaction conditions.

Title: Exploring the New York Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: The Stock Purchase Agreement (SPA) is a vital legal document that outlines the terms and conditions involved in the purchase and sale of stocks between two parties. This article dives into the New York Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc., shedding light on its key aspects, its importance, and shed light on any different types available. 1. Understanding the Stock Purchase Agreement: The New York Sample Stock Purchase Agreement, specific to the partnership between Grey stone Funding Corporation and Schick Technologies, Inc., serves as a legally binding contract that governs the sale of shares/stocks and the associated rights and obligations between the buyer (Grey stone) and the seller (Schick Technologies). 2. Parties Involved: The agreement details the identities and roles of both parties involved. Grey stone Funding Corporation is identified as the buyer, while Schick Technologies, Inc. assumes the role of the seller. 3. Transaction Details: This section of the agreement covers crucial information such as the number of shares being purchased, the price per share, the total purchase price, and any payment terms or conditions. 4. Representations and Warranties: The agreement elucidates the representations and warranties made by both parties, ensuring the accuracy of the information provided regarding the stocks being sold and purchased. It may include guarantees about the legality, authorization, ownership, and marketability of the shares. 5. Covenants: This section outlines the commitments, promises, and actions both parties agree to undertake to fulfill the terms of the agreement. It may include provisions related to disclosure of financial information, non-compete clauses, confidentiality, and non-solicitation agreements. 6. Closing Conditions: The agreement defines the conditions that must be met by the parties before the closing of the transaction. It clarifies any necessary approvals, consents, or regulatory compliance required. 7. Indemnification: This clause provides protection to both parties from any financial loss caused by a breach of the agreement or misrepresentation. 8. Governing Law and Jurisdiction: The New York Sample Stock Purchase Agreement specifies that it will be governed by the laws of the state of New York. It also designates the appropriate jurisdiction for any legal disputes that may arise. Types of New York Sample Stock Purchase Agreements: While it is not explicitly mentioned that there are different types of New York Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc., variations may exist depending on the specific terms and conditions unique to each transaction. These may include variations in pricing, payment terms, representations, and warranties. However, only a single agreement, tailored to the specific partnership between Grey stone Funding Corporation and Schick Technologies, will exist in this context. Conclusion: The New York Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. serves as a legally binding document, safeguarding the interests of both parties involved in the transaction. It encompasses crucial elements such as transaction details, representations and warranties, covenants, closing conditions, indemnification, and governing law. Although not specified, slight variations may exist in terms of specific transaction conditions.