Form Apa - Asset Purchase Agreement Page 43

ADVERTISEMENT

1
TABLE OF CONTENTS
2
3
Page
4
5
ARTICLE I DEFINITIONS, INTERPRETATION ........................................................................1
6
1.1
Definitions................................................................................................................1
7
1.2
Interpretation............................................................................................................8
8
ARTICLE II PURCHASE AND SALE OF ASSETS.....................................................................9
9
2.1
Transfer of Purchased Assets...................................................................................9
10
2.2
Assumption of Assumed Liabilities.........................................................................9
11
2.3
Purchase Price..........................................................................................................9
12
2.4
Net Working Capital Adjustment ............................................................................9
13
2.5
Taxes ......................................................................................................................10
14
2.6
Closing Costs; Transfer Taxes and Fees................................................................10
15
2.7
Prorations ...............................................................................................................11
16
ARTICLE III CLOSING ...............................................................................................................11
17
3.1
Closing ...................................................................................................................11
18
3.2
Conveyances at Closing.........................................................................................11
19
ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER.................................12
20
4.1
Organization...........................................................................................................12
21
4.2
Authorization .........................................................................................................13
22
4.3
Consents and Approvals ........................................................................................13
23
4.4
Absence of Certain Changes or Events..................................................................13
24
4.5
Fixtures and Equipment .........................................................................................14
25
4.6
Leases.....................................................................................................................14
26
4.7
Agreements and Commitments..............................................................................14
27
4.8
No Conflict or Violation ........................................................................................15
28
4.9
Financial Statements ..............................................................................................15
29
4.10
Litigation................................................................................................................16
30
4.11
Labor Matters.........................................................................................................16
31
4.12
Liabilities ...............................................................................................................16
32
4.13
Licenses and Permits; Compliance ........................................................................16
33
4.14
No Brokers .............................................................................................................17
34
4.15
No Other Agreements to Sell the Purchased Assets ..............................................17
35
4.16
Employee Benefit Plans.........................................................................................17
36
4.17
Inventory ................................................................................................................19
37
ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER ...................................19
38
5.1
Organization of Buyer............................................................................................19
39
5.2
Authorization .........................................................................................................20
40
5.3
No Conflict or Violation ........................................................................................20
41
5.4
Consents and Approvals ........................................................................................20
i
Form APA.doc

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Business