Membership Interest Purchase Agreement (Pro-Buyer Short Form; Majority Interest) (TX) | Practical Law

Membership Interest Purchase Agreement (Pro-Buyer Short Form; Majority Interest) (TX) | Practical Law

A short-form membership interest purchase agreement for the purchase and sale of a majority membership interest (also known as an LLC interest) in a private Texas limited liability company (LLC), drafted in favor of the buyer. This Standard Document assumes a single buyer and a single seller. It also assumes that the transaction's signing and closing are simultaneous. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.

Membership Interest Purchase Agreement (Pro-Buyer Short Form; Majority Interest) (TX)

Practical Law Standard Document w-019-9458 (Approx. 61 pages)

Membership Interest Purchase Agreement (Pro-Buyer Short Form; Majority Interest) (TX)

by Practical Law Corporate & Securities
Maintained • Texas
A short-form membership interest purchase agreement for the purchase and sale of a majority membership interest (also known as an LLC interest) in a private Texas limited liability company (LLC), drafted in favor of the buyer. This Standard Document assumes a single buyer and a single seller. It also assumes that the transaction's signing and closing are simultaneous. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.