Ohio Sample Stock Purchase Agreement between Chief Consolidated Mining Company and Dimeling

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• Control #: US-EG-9168
• Format: Word; Rich Text

Description

Stock Purchase Agreement between Chief Consolidated Mining Company and Dimeling, Schreiber and Park dated November 19, 1999. 39 pages Ohio Sample Stock Purchase Agreement between Chief Consolidated Mining Company and Dimpling is a legal document that outlines the terms and conditions for the purchase of stock by Chief Consolidated Mining Company from Dimpling. This agreement specifies the responsibilities, rights, and obligations of both parties involved in the transaction. The agreement starts with an introduction, stating the full names and addresses of both Chief Consolidated Mining Company and Dimpling. It also includes a recital section, which provides a brief background outlining the intent of the parties to engage in this stock purchase transaction. The agreement defines the number of shares being purchased, the purchase price per share, and the total purchase price. It also highlights any additional terms and conditions such as payment method, payment schedule, and any contingencies that need to be fulfilled before the completion of the transaction. The agreement contains representations and warranties made by both parties. Chief Consolidated Mining Company guarantees that it has the necessary authority and legal capacity to enter into this agreement, and it is not in violation of any laws or regulations. Dimpling, on the other hand, provides assurances about the ownership of the stock being sold and that it is free from any encumbrances or claims. The stock purchase agreement also covers indemnification. It specifies that Chief Consolidated Mining Company will indemnify Dimpling against any claims arising out of misrepresentations or breach of warranties made by the former. Dimpling, in turn, agrees to indemnify Chief Consolidated Mining Company against any claims related to the ownership of the stock or any undisclosed liabilities. The agreement outlines the conditions precedent that need to be satisfied before the transaction can be completed. These may include obtaining necessary regulatory approvals or waivers, and the absence of any material adverse changes to the financial condition or operations of either party. Additionally, there might be different types of Ohio Sample Stock Purchase Agreements between Chief Consolidated Mining Company and Dimpling based on factors such as the type of stock being purchased (common stock, preferred stock, etc.), the quantity of shares being acquired, or any specific terms and conditions unique to a particular transaction. In conclusion, the Ohio Sample Stock Purchase Agreement between Chief Consolidated Mining Company and Dimpling is a comprehensive legal document that ensures transparency and clarity in the stock purchase transaction. It safeguards the interests of both parties and provides a framework for the smooth completion of the transaction.

Ohio Sample Stock Purchase Agreement between Chief Consolidated Mining Company and Dimpling is a legal document that outlines the terms and conditions for the purchase of stock by Chief Consolidated Mining Company from Dimpling. This agreement specifies the responsibilities, rights, and obligations of both parties involved in the transaction. The agreement starts with an introduction, stating the full names and addresses of both Chief Consolidated Mining Company and Dimpling. It also includes a recital section, which provides a brief background outlining the intent of the parties to engage in this stock purchase transaction. The agreement defines the number of shares being purchased, the purchase price per share, and the total purchase price. It also highlights any additional terms and conditions such as payment method, payment schedule, and any contingencies that need to be fulfilled before the completion of the transaction. The agreement contains representations and warranties made by both parties. Chief Consolidated Mining Company guarantees that it has the necessary authority and legal capacity to enter into this agreement, and it is not in violation of any laws or regulations. Dimpling, on the other hand, provides assurances about the ownership of the stock being sold and that it is free from any encumbrances or claims. The stock purchase agreement also covers indemnification. It specifies that Chief Consolidated Mining Company will indemnify Dimpling against any claims arising out of misrepresentations or breach of warranties made by the former. Dimpling, in turn, agrees to indemnify Chief Consolidated Mining Company against any claims related to the ownership of the stock or any undisclosed liabilities. The agreement outlines the conditions precedent that need to be satisfied before the transaction can be completed. These may include obtaining necessary regulatory approvals or waivers, and the absence of any material adverse changes to the financial condition or operations of either party. Additionally, there might be different types of Ohio Sample Stock Purchase Agreements between Chief Consolidated Mining Company and Dimpling based on factors such as the type of stock being purchased (common stock, preferred stock, etc.), the quantity of shares being acquired, or any specific terms and conditions unique to a particular transaction. In conclusion, the Ohio Sample Stock Purchase Agreement between Chief Consolidated Mining Company and Dimpling is a comprehensive legal document that ensures transparency and clarity in the stock purchase transaction. It safeguards the interests of both parties and provides a framework for the smooth completion of the transaction.