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Asset and Equity Purchase Agreement
Asset and Equity Purchase Agreement (181K)
Doc #352294: Click preview link for longer preview.
ASSET AND EQUITY PURCHASE AGREEMENT
Dated as of October 10, 2002
among
ADVANCED TISSUE SCIENCES, INC.,
ATS DERMAGRAFT, INC.,
ATS ORTHOPEDICS, INC.,
SMITH & NEPHEW SNATS, INC.
and
T. J. SMITH & NEPHEW LIMITED
TABLE OF CONTENTS
Page
ARTICLE I DEFINITIONS
2
1.1.
Definitions
2
ARTICLE II PURCHASE AND . . .
352294
|
Chase Manhattan
As referenced in this Asset and Equity Purchase Agreement:
Chase Manhattan Bank – promptly as practicable after the Closing, from all of its obligations under that certain Guaranty, dated as of August 8, 1997 (the Guaranty), executed by Parent in favor of The Chase Manhattan Bank (the Bank). After the Closing, Buyer shall not, and shall not permit any of its Affiliates to, renew, extend or increase the principal amount of the loan evidenced by _____________
dt 742682
;
Advanced Tissue
As referenced in this Asset and Equity Purchase Agreement:
ADVANCED TISSUE SCIENCES, INC – and Equity Purchase Agreement
EX-2.1 3 dex21.htm ASSET AND EQUITY PURCHASE AGREEMENT
EXHIBIT 2.1
ASSET AND EQUITY PURCHASE AGREEMENT
Dated as of October 10, 2002
among
ADVANCED TISSUE SCIENCES, INC .,
ATS DERMAGRAFT, INC.,
ATS ORTHOPEDICS, INC.,
SMITH & NEPHEW SNATS, INC.
and
T. J. SMITH & NEPHEW LIMITED
TABLE OF CONTENTS
Page
ARTICLE I DEFINITIONS
2
1.1.
Definitions
_____________
Advanced Tissue Sciences, Inc – 8.4(a)
Offeree Employees
EXHIBITS
Exhibit A
Bidding Procedures
-iv-
ASSET AND EQUITY PURCHASE AGREEMENT
ASSET AND EQUITY PURCHASE AGREEMENT, dated as of October 10, 2002 (this Agreement), among Advanced Tissue Sciences, Inc ., a Delaware corporation (Parent), ATS Dermagraft, Inc., a California corporation (ATS Dermagraft), ATS Orthopedics, Inc., a California corporation (ATS Orthopedics and, together with Parent and ATS Dermagraft, Sellers), Smith & _____________
Advanced Tissue Sciences, Inc – General Counsel
-51-
with a copy to:
Sidley Austin Brown & Wood
Bank One Plaza
10 South Dearborn Street
Chicago, Illinois 60603
Attention: Kevin F. Blatchford
If to Sellers, to:
Advanced Tissue Sciences, Inc .
10933 North Torrey Pines Road
La Jolla, California 92037-1005
Attention: Chief Executive Officer
with copies to:
Gibson, Dunn & Crutcher LLP
4 Park Plaza
Irvine, California 92614-8557
_____________
ADVANCED TISSUE SCIENCES, INC – without the prior written consent of Buyer and Sellers.
-56-
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed the day and year first above written.
ADVANCED TISSUE SCIENCES, INC .
By:
/s/ Arthur Benvenuto
Name: Arthur Benvenuto
Title:
ATS DERMAGRAFT, INC.
By:
/s/ Arthur Benvenuto
Name: Arthur Benvenuto
Title:
ATS ORTHOPEDICS, INC.
By:
/s/ Arthur Benvenuto
Name: Arthur Benvenuto
_____________
dt 1327387
;
Clifford Chance
As referenced in this Asset and Equity Purchase Agreement:
Clifford Chance US – after the conditions set forth in Articles IX and X have been satisfied, or such later date as may be agreed upon by Buyer and Sellers, at the offices of Clifford Chance US LLP, 3811 Valley Centre Drive, Suite 200, San Diego, California 92130, or at such other place or at such other time as shall be agreed upon by Buyer and Sellers. _____________
Clifford Chance US – Pines Road
La Jolla, California 92037-1005
Attention: Chief Executive Officer
with copies to:
Gibson, Dunn & Crutcher LLP
4 Park Plaza
Irvine, California 92614-8557
Attention: Craig Millet
and
Clifford Chance US LLP
3811 Valley Centre Drive, Suite 200
San Diego, California 92130
Attention: Faye H. Russell
or to such other address as such party may indicate by a notice delivered to _____________
dt 735468
;
|
M.I.T.
As referenced in this Asset and Equity Purchase Agreement:
Massachusetts Institute of Technology – modifications to such license agreements or other agreements related thereto, as well as any payments related thereto or of a similar nature pursuant to any other agreement.
MIT means the Massachusetts Institute of Technology , a corporation duly organized and existing under the laws of the Commonwealth of Massachusetts.
MIT Licenses means (i) that certain Massachusetts Institute of Technology License Agreement dated as of _____________
Massachusetts Institute of Technology – any other agreement.
MIT means the Massachusetts Institute of Technology, a corporation duly organized and existing under the laws of the Commonwealth of Massachusetts.
MIT Licenses means (i) that certain Massachusetts Institute of Technology License Agreement dated as of July 24, 1992 by and between MIT and Parent and (ii) that certain Massachusetts Institute of Technology License Agreement dated as of February 15, _____________
Massachusetts Institute of Technology – of Massachusetts.
MIT Licenses means (i) that certain Massachusetts Institute of Technology License Agreement dated as of July 24, 1992 by and between MIT and Parent and (ii) that certain Massachusetts Institute of Technology License Agreement dated as of February 15, 1994 by and between MIT and Parent, each as amended or supplemented from time to time.
OSHA means the Occupational Safety and _____________
dt 757457
;
Gibson Dunn
As referenced in this Asset and Equity Purchase Agreement:
Gibson, Dunn – 60603
Attention: Kevin F. Blatchford
If to Sellers, to:
Advanced Tissue Sciences, Inc.
10933 North Torrey Pines Road
La Jolla, California 92037-1005
Attention: Chief Executive Officer
with copies to:
Gibson, Dunn & Crutcher LLP
4 Park Plaza
Irvine, California 92614-8557
Attention: Craig Millet
and
Clifford Chance US LLP
3811 Valley Centre Drive, Suite 200
San Diego, California 92130
Attention: _____________
dt 750986
;
Sidley Austin
As referenced in this Asset and Equity Purchase Agreement:
Sidley Austin – or by recognized private courier addressed as follows:
If to Buyer, to:
Smith & Nephew, Inc.
1450 Brooks Road
Memphis, Tennessee 38116
Attention: General Counsel
-51-
with a copy to:
Sidley Austin Brown & Wood
Bank One Plaza
10 South Dearborn Street
Chicago, Illinois 60603
Attention: Kevin F. Blatchford
If to Sellers, to:
Advanced Tissue Sciences, Inc.
10933 North Torrey Pines _____________
dt 746125
|
| Full Doc
 | 2002 |
Asset and Equity Purchase Agreement
Asset and Equity Purchase Agreement (198K)
Doc #352302: This document is immediately available for purchase, but does not have a preview available for viewing.
ASSET AND EQUITY PURCHASE AGREEMENT
Dated as of October 10, 2002
among
ADVANCED TISSUE SCIENCES, INC.,
ATS DERMAGRAFT, INC.,
ATS ORTHOPEDICS, INC.,
SMITH & NEPHEW SNATS, INC.
and
T. J. SMITH & NEPHEW LIMITED
{PAGE}
TABLE OF CONTENTS
Page
ARTICLE I DEFINITIONS ..................................................... 2 1.1. Definitions .................................................. 2
ARTICLE II PURCHASE AND SALE .............................................. 11 2.1. Purchase and Sale of Equity Interests ........................ 11 2.2. Purchased Assets ............................................. 11 2.3. Excluded Assets .............................................. 13 2.4. Assumed Liabilities .......................................... 14 2.5. Excluded Liabilities ......................................... 15 2.6. Assignments; Cure Amounts .................................... 15 2.7. Assignment to Buyer Affiliates ............................... 15
ARTICLE III PURCHASE PRICE ................................................ 15 3.1. Purchase Price ............................................... 15 3.2. Allocation of Purchase Price ................................. 17
ARTICLE IV CLOSING ........................................................ 17 4.1. Closing Date ................................................. 17 4.2. Payment on the Closing Date .................................. 17 4.3. Buyer's Additional Deliveries ................................ 18 4.4. Seller's Deliveries .......................................... 19
ARTICLE V REPRESENTATIONS AND WARRANTIES OF SELLERS ....................... 21 5.1. Organization of Sellers; Subsidiaries ........................ 21 5.2. Equity Interests ............................................. 21 5.3. Authority of Sellers ......................................... 21 5.4. Financial Information ........................................ 22 5.5. Absence of Certain Changes or Events ......................... 23 5.6. Availability of Assets ....................................... 23 5.7. Governmental Permits and Compliance .......................... 24 5.8. Leased Real Property ......................................... 24 5.9. Personal Property ............................................ 25 5.10. Intellectual Property ....................................... 25 5.11. Title to Property ........................................... 27 5.12. Employees and Related Agreements ............................ 27 5.13. Employee Relations .......................................... 27 5.14. ERISA and Related Matters ................................... 27 5.15. Contracts ................................................... 28 5.16. Status of Contracts ......................................... 29 5.17. No Litigation or Regulatory Action .......................... 30 5.18. Environmental Matters ....................................... 30
{PAGE}
{TABLE} {S} {C} 5.19. Suppliers ...............................................................32 5.20. Product Liabilities .....................................................32 5.21. Taxes ...................................................................32 5.22. Regulatory Matters ......................................................33 5.23. No Finder ...............................................................33 5.24. Closing Date ............................................................33
ARTICLE VI REPRESENTATIONS AND WARRANTIES OF BUYER AND TJS&N .........................34 6.1. Organization of Buyer and TJS&N .........................................34 6.2. Authority of Buyer and TJS&N ............................................34 6.3. No Finder ...............................................................35
ARTICLE VII ACTION PRIOR TO THE CLOSING DATE .........................................35 7.1. Investigation of the Business by Buyer ..................................35 7.2. Preserve Accuracy of Representations and Warranties .....................35 7.3. Consents of Third Parties; No Seller Defaults; Governmental Approvals ...36 7.4. Operations Prior to the Closing Date ....................................37 7.5. Notification of Certain Matters .........................................37 7.6. Insurance ...............................................................37 7.7. New Contracts and Other Assets ..........................................38 7.8. Ethicon Agreement .......................................................38 7.9. Bankruptcy Court Approvals ..............................................38 7.10. Delivery of Disclosure Schedule .........................................38 7.11. Agreements Relating to DermEquip Loan ...................................38 7.12. Efforts to Agree to Certain Contracts ...................................39 7.13. Termination of Current Agreements .......................................40 7.14. Dermagraft JV Loan to ATS ...............................................41 7.15. Cessation of Operations of the SNATS Partnership ........................41 7.16. Real Property Lease .....................................................42
ARTICLE VIII ADDITIONAL AGREEMENTS ...................................................42 8.1. Covenant Not to Compete or Solicit Business .............................42 8.2. Taxes ...................................................................43 8.3. Discharge of Liabilities ................................................44 8.4. Employees and Employee Benefit Plans ....................................44 8.5. Reimbursed Expenses .....................................................46 8.6. Administrative Claims ...................................................47
ARTICLE IX CONDITIONS PRECEDENT TO OBLIGATIONS OF BUYER ..............................47 9.1. No Misrepresentation or Breach of Covenants and Warranties ..............47 9.2. No Changes or Destruction of Property ...................................47 9.3. No Restraint or Litigation ..............................................47 9.4. Bankruptcy Court Order ..................................................47 9.5. Necessary Governmental Approvals ........................................48 9.6. Necessary Consents ......................................................48 9.7. Deliveries ..............................................................48 9.8. Disclosure Schedule .....................................................48 {/TABLE}
-ii-
{PAGE}
{TABLE} {S} {C} 9.9. Real Property Lease .....................................................48
ARTICLE X CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLERS .............................48 10.1. No Misrepresentation or Breach of Covenants and Warranties ..............48 10.2. No Restraint or Litigation ..............................................49 10.3. Bankruptcy Court Order ..................................................49
352302
|
Chase Manhattan
As referenced in this Asset and Equity Purchase Agreement:
Chase Manhattan Bank – promptly as practicable after the Closing, from all of its obligations under
that certain Guaranty, dated as of August 8, 1997 (the "Guaranty"), executed by
Parent in favor of The Chase Manhattan Bank (the "Bank"). After the Closing,
Buyer shall not, and shall not permit any of its Affiliates to, renew, extend or
increase the principal amount of the loan evidenced by _____________
dt 742683
;
Clifford Chance
As referenced in this Asset and Equity Purchase Agreement:
Clifford Chance US – after the conditions set forth in Articles IX
and X have been satisfied, or such later date as may be agreed upon by Buyer and
Sellers, at the offices of Clifford Chance US LLP, 3811 Valley Centre Drive,
Suite 200, San Diego, California 92130, or at such other place or at such other
time as shall be agreed upon by Buyer and Sellers. _____________
Clifford Chance US – Torrey Pines Road
La Jolla, California 92037-1005
Attention: Chief Executive Officer
with copies to:
Gibson, Dunn & Crutcher LLP
4 Park Plaza
Irvine, California 92614-8557
Attention: Craig Millet
and
Clifford Chance US LLP
3811 Valley Centre Drive, Suite 200
San Diego, California 92130
Attention: Faye H. Russell
or to such other address as such party may indicate by a notice delivered to _____________
dt 735470
;
|
M.I.T.
As referenced in this Asset and Equity Purchase Agreement:
Massachusetts Institute of Technology – modifications to such license
agreements or other agreements related thereto, as well as any payments related
thereto or of a similar nature pursuant to any other agreement.
"MIT" means the Massachusetts Institute of Technology , a corporation duly
organized and existing under the laws of the Commonwealth of Massachusetts.
"MIT Licenses" means (i) that certain Massachusetts Institute of Technology
License Agreement dated as of _____________
Massachusetts Institute of Technology – any other agreement.
"MIT" means the Massachusetts Institute of Technology, a corporation duly
organized and existing under the laws of the Commonwealth of Massachusetts.
"MIT Licenses" means (i) that certain Massachusetts Institute of Technology
License Agreement dated as of July 24, 1992 by and between MIT and Parent and
(ii) that certain Massachusetts Institute of Technology License Agreement dated
as of February 15, _____________
Massachusetts Institute of Technology – of Massachusetts.
"MIT Licenses" means (i) that certain Massachusetts Institute of Technology
License Agreement dated as of July 24, 1992 by and between MIT and Parent and
(ii) that certain Massachusetts Institute of Technology License Agreement dated
as of February 15, 1994 by and between MIT and Parent, each as amended or
supplemented from time to time.
"OSHA" means the Occupational Safety and _____________
dt 757458
;
Gibson Dunn
As referenced in this Asset and Equity Purchase Agreement:
Gibson, Dunn – 60603
Attention: Kevin F. Blatchford
If to Sellers, to:
Advanced Tissue Sciences, Inc.
10933 North Torrey Pines Road
La Jolla, California 92037-1005
Attention: Chief Executive Officer
with copies to:
Gibson, Dunn & Crutcher LLP
4 Park Plaza
Irvine, California 92614-8557
Attention: Craig Millet
and
Clifford Chance US LLP
3811 Valley Centre Drive, Suite 200
San Diego, California 92130
Attention: Faye _____________
dt 750988
;
Sidley Austin
As referenced in this Asset and Equity Purchase Agreement:
Sidley Austin – or by
recognized private courier addressed as follows:
If to Buyer, to:
Smith & Nephew, Inc.
1450 Brooks Road
Memphis, Tennessee 38116
Attention: General Counsel
-51-
{PAGE}
with a copy to:
Sidley Austin Brown & Wood
Bank One Plaza
10 South Dearborn Street
Chicago, Illinois 60603
Attention: Kevin F. Blatchford
If to Sellers, to:
Advanced Tissue Sciences, Inc.
10933 North Torrey Pines Road
_____________
dt 746126
|
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Full Doc
 | 2002 |
Asset and Equity Purchase Agreement
Asset and Equity Purchase Agreement (199K)
Doc #918314: Click preview link for longer preview.
Dated as of October 10, 2002
among
ADVANCED TISSUE SCIENCES, INC.,
ATS DERMAGRAFT, INC.,
ATS ORTHOPEDICS, INC.,
SMITH & NEPHEW SNATS, INC.
and
T. J. SMITH & NEPHEW LIMITED
<PAGE>
TABLE OF CONTENTS
Page
ARTICLE I DEFINITIONS .... . . .
918314
|
Chase Manhattan
As referenced in this Asset and Equity Purchase Agreement:
Chase Manhattan Bank – promptly as practicable after the Closing, from all of its obligations under
that certain Guaranty, dated as of August 8, 1997 (the "Guaranty"), executed by
Parent in favor of The Chase Manhattan Bank (the "Bank"). After the Closing,
Buyer shall not, and shall not permit any of its Affiliates to, renew, extend or
increase the principal amount of the loan evidenced by _____________
dt 1426114
;
Advanced Tissue
As referenced in this Asset and Equity Purchase Agreement:
ADVANCED TISSUE SCIENCES, INC – EX-99.12
4
dex9912.txt
ASSET AND EQUITY PURCHASE AGREEMENT
EXHIBIT XII
ASSET AND EQUITY PURCHASE AGREEMENT
Dated as of October 10, 2002
among
ADVANCED TISSUE SCIENCES, INC .,
ATS DERMAGRAFT, INC.,
ATS ORTHOPEDICS, INC.,
SMITH & NEPHEW SNATS, INC.
and
T. J. SMITH & NEPHEW LIMITED
TABLE OF CONTENTS
Page
ARTICLE I DEFINITIONS ..................................................... 2
1.1. Definitions .................................................. 2
_____________
Advanced Tissue Sciences, Inc – 4(a) Offeree Employees
EXHIBITS
Exhibit A Bidding Procedures
-iv-
ASSET AND EQUITY PURCHASE AGREEMENT
ASSET AND EQUITY PURCHASE AGREEMENT, dated as of October 10, 2002
(this "Agreement"), among Advanced Tissue Sciences, Inc ., a Delaware corporation
("Parent"), ATS Dermagraft, Inc., a California corporation ("ATS Dermagraft"),
ATS Orthopedics, Inc., a California corporation ("ATS Orthopedics" and, together
with Parent and ATS Dermagraft, "Sellers"), Smith & _____________
Advanced Tissue Sciences, Inc – General Counsel
-51-
with a copy to:
Sidley Austin Brown & Wood
Bank One Plaza
10 South Dearborn Street
Chicago, Illinois 60603
Attention: Kevin F. Blatchford
If to Sellers, to:
Advanced Tissue Sciences, Inc .
10933 North Torrey Pines Road
La Jolla, California 92037-1005
Attention: Chief Executive Officer
with copies to:
Gibson, Dunn & Crutcher LLP
4 Park Plaza
Irvine, California 92614-8557
Attention: _____________
ADVANCED TISSUE SCIENCES, INC – the prior
written consent of Buyer and Sellers.
-56-
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to
be executed the day and year first above written.
ADVANCED TISSUE SCIENCES, INC .
By /s/ Arthur Benvenuto
------------------------
Name: Arthur Benvenuto
Title:
ATS DERMAGRAFT, INC.
By /s/ Arthur Benvenuto
-------------------------
Name: Arthur Benvenuto
Title:
ATS ORTHOPEDICS, INC.
By /s/ Arthur Benvenuto
-------------------------
Name: Arthur Benvenuto
_____________
dt 1327403
;
Clifford Chance
As referenced in this Asset and Equity Purchase Agreement:
Clifford Chance US – after the conditions set forth in Articles IX
and X have been satisfied, or such later date as may be agreed upon by Buyer and
Sellers, at the offices of Clifford Chance US LLP, 3811 Valley Centre Drive,
Suite 200, San Diego, California 92130, or at such other place or at such other
time as shall be agreed upon by Buyer and Sellers. _____________
Clifford Chance US – Torrey Pines Road
La Jolla, California 92037-1005
Attention: Chief Executive Officer
with copies to:
Gibson, Dunn & Crutcher LLP
4 Park Plaza
Irvine, California 92614-8557
Attention: Craig Millet
and
Clifford Chance US LLP
3811 Valley Centre Drive, Suite 200
San Diego, California 92130
Attention: Faye H. Russell
or to such other address as such party may indicate by a notice delivered to _____________
dt 1368699
;
|
M.I.T.
As referenced in this Asset and Equity Purchase Agreement:
Massachusetts Institute of Technology – modifications to such license
agreements or other agreements related thereto, as well as any payments related
thereto or of a similar nature pursuant to any other agreement.
"MIT" means the Massachusetts Institute of Technology , a corporation duly
organized and existing under the laws of the Commonwealth of Massachusetts.
"MIT Licenses" means (i) that certain Massachusetts Institute of Technology
License Agreement dated as of _____________
Massachusetts Institute of Technology – any other agreement.
"MIT" means the Massachusetts Institute of Technology, a corporation duly
organized and existing under the laws of the Commonwealth of Massachusetts.
"MIT Licenses" means (i) that certain Massachusetts Institute of Technology
License Agreement dated as of July 24, 1992 by and between MIT and Parent and
(ii) that certain Massachusetts Institute of Technology License Agreement dated
as of February 15, _____________
Massachusetts Institute of Technology – of Massachusetts.
"MIT Licenses" means (i) that certain Massachusetts Institute of Technology
License Agreement dated as of July 24, 1992 by and between MIT and Parent and
(ii) that certain Massachusetts Institute of Technology License Agreement dated
as of February 15, 1994 by and between MIT and Parent, each as amended or
supplemented from time to time.
"OSHA" means the Occupational Safety and _____________
dt 1549306
;
Gibson Dunn
As referenced in this Asset and Equity Purchase Agreement:
Gibson, Dunn – 60603
Attention: Kevin F. Blatchford
If to Sellers, to:
Advanced Tissue Sciences, Inc.
10933 North Torrey Pines Road
La Jolla, California 92037-1005
Attention: Chief Executive Officer
with copies to:
Gibson, Dunn & Crutcher LLP
4 Park Plaza
Irvine, California 92614-8557
Attention: Craig Millet
and
Clifford Chance US LLP
3811 Valley Centre Drive, Suite 200
San Diego, California 92130
Attention: Faye _____________
dt 1483683
|
| Preview
Full Doc
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Asset and Share Purchase Agreement
Asset and Share Purchase Agreement (169K)
Doc #1153652: Click preview link for longer preview.
ASSET AND SHARE PURCHASE AGREEMENT
by and between
BENCHMARK ELECTRONICS, INC.
and
ACT MANUFACTURING, INC.,
ACT MANUFACTURING SECURITIES CORP.,
ACT MANUFACTURING U.S. HOLDINGS, LLC,
and
CMC INDUSTRIES, INC.
Dated as of July 2, . . .
1153652
|
Chase Manhattan
As referenced in this Asset and Share Purchase Agreement:
Chase
Manhattan Bank, – the Credit Agreement dated as of June 29, 2000,
as amended, among the Company, as Parent Borrower, Credit Suisse First Boston,
as Syndication Agent, Societe General, as Documentation Agent, The Chase
Manhattan Bank, as Administrative Agent, and the several Lenders from time to
time parties thereto, as the same is in effect from time to time.
"DEPOSIT" has the meaning set forth _____________
dt 1426466
;
ACT Mfg.
As referenced in this Asset and Share Purchase Agreement:
ACT MANUFACTURING, INC. – a2083982zex-2_1.txt
<DESCRIPTION>EXHIBIT 2.1
<TEXT>
<Page>
EXHIBIT 2.1
================================================================================
ASSET AND SHARE PURCHASE AGREEMENT
by and between
BENCHMARK ELECTRONICS, INC.
and
ACT MANUFACTURING, INC. ,
ACT MANUFACTURING SECURITIES CORP.,
ACT MANUFACTURING U.S. HOLDINGS, LLC,
and
CMC INDUSTRIES, INC.
Dated as of July 2, 2002
================================================================================
<Page>
TABLE OF CONTENTS
<Table>
& _____________
ACT Manufacturing, Inc. – ASSET AND SHARE PURCHASE AGREEMENT
ASSET AND SHARE PURCHASE AGREEMENT (this "AGREEMENT"), dated as of July
2, 2002, by and between Benchmark Electronics, Inc., a Texas corporation (the
"PURCHASER"), and ACT Manufacturing, Inc. , a Massachusetts corporation (the
"COMPANY"), ACT Manufacturing Securities Corp., a Massachusetts corporation
("ACT SECURITIES"), ACT Manufacturing U.S. Holdings, LLC, a Delaware limited
liability company "ACT LLC"), and CMC _____________
ACT Manufacturing, Inc. – two (2) Business Days following deposit within the continental United States
with a nationally recognized overnight courier service, in each case addressed
as follows:
(a) if to the Sellers, to:
ACT Manufacturing, Inc.
2 Cabot Road
Hudson, Massachusetts 01749
Attention: John A. Pino
Tel.: (978) 567-4000
Fax: (978) 567-4099
with a copy (which shall not constitute notice) to:
Testa, Hurwitz & _____________
ACT MANUFACTURING, INC. – by its officers thereunto duly authorized, all as of the day and year
first above written.
BENCHMARK ELECTRONICS, INC.
By: /s/ CARY T. FU
---------------------------------
Name: Cary T. Fu
Title: President
ACT MANUFACTURING, INC.
By: /s/ JOHN A. PINO
---------------------------------
Name: John A. Pino
Title: Chief Executive Officer
ACT MANUFACTURING SECURITIES CORP.
By: /s/ JOHN A. PINO
---------------------------------
Name: John A. Pino
Title: Chief Executive _____________
ACT Manufacturing, Inc. – John A. Pino
Title: Chief Executive Officer
41
<Page>
EXHIBIT A
FORM OF BILL OF SALE
Pursuant to the entry of the appropriate order by the Bankruptcy Court,
ACT Manufacturing, Inc. , a Massachusetts corporation, ACT Manufacturing
Securities Corp., a Massachusetts corporation, ACT Manufacturing U.S. Holdings,
LLC, a Delaware limited liability company and CMC Industries Inc., a Delaware
corporation (collectively, _____________
dt 1458654
;
ACT Mfg.
As referenced in this Asset and Share Purchase Agreement:
ACT MANUFACTURING, INC. – a2083982zex-2_1.txt
<DESCRIPTION>EXHIBIT 2.1
<TEXT>
<Page>
EXHIBIT 2.1
================================================================================
ASSET AND SHARE PURCHASE AGREEMENT
by and between
BENCHMARK ELECTRONICS, INC.
and
ACT MANUFACTURING, INC. ,
ACT MANUFACTURING SECURITIES CORP.,
ACT MANUFACTURING U.S. HOLDINGS, LLC,
and
CMC INDUSTRIES, INC.
Dated as of July 2, 2002
================================================================================
<Page>
TABLE OF CONTENTS
<Table>
& _____________
ACT Manufacturing, Inc. – ASSET AND SHARE PURCHASE AGREEMENT
ASSET AND SHARE PURCHASE AGREEMENT (this "AGREEMENT"), dated as of July
2, 2002, by and between Benchmark Electronics, Inc., a Texas corporation (the
"PURCHASER"), and ACT Manufacturing, Inc. , a Massachusetts corporation (the
"COMPANY"), ACT Manufacturing Securities Corp., a Massachusetts corporation
("ACT SECURITIES"), ACT Manufacturing U.S. Holdings, LLC, a Delaware limited
liability company "ACT LLC"), and CMC _____________
ACT Manufacturing, Inc. – two (2) Business Days following deposit within the continental United States
with a nationally recognized overnight courier service, in each case addressed
as follows:
(a) if to the Sellers, to:
ACT Manufacturing, Inc.
2 Cabot Road
Hudson, Massachusetts 01749
Attention: John A. Pino
Tel.: (978) 567-4000
Fax: (978) 567-4099
with a copy (which shall not constitute notice) to:
Testa, Hurwitz & _____________
ACT MANUFACTURING, INC. – by its officers thereunto duly authorized, all as of the day and year
first above written.
BENCHMARK ELECTRONICS, INC.
By: /s/ CARY T. FU
---------------------------------
Name: Cary T. Fu
Title: President
ACT MANUFACTURING, INC.
By: /s/ JOHN A. PINO
---------------------------------
Name: John A. Pino
Title: Chief Executive Officer
ACT MANUFACTURING SECURITIES CORP.
By: /s/ JOHN A. PINO
---------------------------------
Name: John A. Pino
Title: Chief Executive _____________
ACT Manufacturing, Inc. – John A. Pino
Title: Chief Executive Officer
41
<Page>
EXHIBIT A
FORM OF BILL OF SALE
Pursuant to the entry of the appropriate order by the Bankruptcy Court,
ACT Manufacturing, Inc. , a Massachusetts corporation, ACT Manufacturing
Securities Corp., a Massachusetts corporation, ACT Manufacturing U.S. Holdings,
LLC, a Delaware limited liability company and CMC Industries Inc., a Delaware
corporation (collectively, _____________
dt 1463772
;
|
Benchmark
As referenced in this Asset and Share Purchase Agreement:
BENCHMARK ELECTRONICS, INC. – 3
<FILENAME>a2083982zex-2_1.txt
<DESCRIPTION>EXHIBIT 2.1
<TEXT>
<Page>
EXHIBIT 2.1
================================================================================
ASSET AND SHARE PURCHASE AGREEMENT
by and between
BENCHMARK ELECTRONICS, INC.
and
ACT MANUFACTURING, INC.,
ACT MANUFACTURING SECURITIES CORP.,
ACT MANUFACTURING U.S. HOLDINGS, LLC,
and
CMC INDUSTRIES, INC.
Dated as of July 2, 2002
================================================================================
<Page>
TABLE OF _____________
Benchmark Electronics, Inc. – 21, 2001
</Table>
(iv)
<Page>
ASSET AND SHARE PURCHASE AGREEMENT
ASSET AND SHARE PURCHASE AGREEMENT (this "AGREEMENT"), dated as of July
2, 2002, by and between Benchmark Electronics, Inc. , a Texas corporation (the
"PURCHASER"), and ACT Manufacturing, Inc., a Massachusetts corporation (the
"COMPANY"), ACT Manufacturing Securities Corp., a Massachusetts corporation
("ACT SECURITIES"), ACT Manufacturing U.S. Holdings, LLC, _____________
Benchmark Electronics, Inc. – Popeo PC
One Financial Center
Boston, Massachusetts 02111
Attention: Richard E. Mikels, Esq.
Tel.: (617) 542-6000
Fax: (617) 542-2241
(b) if to the Purchaser or the Guarantor, to:
Benchmark Electronics, Inc.
3000 Technology Drive
Angleton, Texas 77515
Attention: Anh Tran, Corporate Counsel
Tel.: (979) 848-5247
Fax: (979) 848-5225
with a copy (which shall not constitute notice) to:
Foley _____________
BENCHMARK ELECTRONICS, INC. – IN WITNESS WHEREOF, each of the Parties has caused this Agreement to be
executed by its officers thereunto duly authorized, all as of the day and year
first above written.
BENCHMARK ELECTRONICS, INC.
By: /s/ CARY T. FU
---------------------------------
Name: Cary T. Fu
Title: President
ACT MANUFACTURING, INC.
By: /s/ JOHN A. PINO
---------------------------------
Name: John A. Pino
Title: Chief Executive Officer
ACT MANUFACTURING _____________
Benchmark Electronics, Inc. – collectively, the "Sellers"), and pursuant to the Asset and Share
Purchase Agreement dated as of June 11, 2002 (the "Asset and Share Purchase
Agreement") by and between the Sellers and Benchmark Electronics, Inc. , a Texas
corporation (the "Purchaser"), the Sellers, for good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, do hereby sell,
transfer, convey, assign and deliver _____________
dt 1463178
;
Benchmark
As referenced in this Asset and Share Purchase Agreement:
BENCHMARK ELECTRONICS, INC. – 3
<FILENAME>a2083982zex-2_1.txt
<DESCRIPTION>EXHIBIT 2.1
<TEXT>
<Page>
EXHIBIT 2.1
================================================================================
ASSET AND SHARE PURCHASE AGREEMENT
by and between
BENCHMARK ELECTRONICS, INC.
and
ACT MANUFACTURING, INC.,
ACT MANUFACTURING SECURITIES CORP.,
ACT MANUFACTURING U.S. HOLDINGS, LLC,
and
CMC INDUSTRIES, INC.
Dated as of July 2, 2002
================================================================================
<Page>
TABLE OF _____________
Benchmark Electronics, Inc. – 21, 2001
</Table>
(iv)
<Page>
ASSET AND SHARE PURCHASE AGREEMENT
ASSET AND SHARE PURCHASE AGREEMENT (this "AGREEMENT"), dated as of July
2, 2002, by and between Benchmark Electronics, Inc. , a Texas corporation (the
"PURCHASER"), and ACT Manufacturing, Inc., a Massachusetts corporation (the
"COMPANY"), ACT Manufacturing Securities Corp., a Massachusetts corporation
("ACT SECURITIES"), ACT Manufacturing U.S. Holdings, LLC, _____________
Benchmark Electronics, Inc. – Popeo PC
One Financial Center
Boston, Massachusetts 02111
Attention: Richard E. Mikels, Esq.
Tel.: (617) 542-6000
Fax: (617) 542-2241
(b) if to the Purchaser or the Guarantor, to:
Benchmark Electronics, Inc.
3000 Technology Drive
Angleton, Texas 77515
Attention: Anh Tran, Corporate Counsel
Tel.: (979) 848-5247
Fax: (979) 848-5225
with a copy (which shall not constitute notice) to:
Foley _____________
BENCHMARK ELECTRONICS, INC. – IN WITNESS WHEREOF, each of the Parties has caused this Agreement to be
executed by its officers thereunto duly authorized, all as of the day and year
first above written.
BENCHMARK ELECTRONICS, INC.
By: /s/ CARY T. FU
---------------------------------
Name: Cary T. Fu
Title: President
ACT MANUFACTURING, INC.
By: /s/ JOHN A. PINO
---------------------------------
Name: John A. Pino
Title: Chief Executive Officer
ACT MANUFACTURING _____________
Benchmark Electronics, Inc. – collectively, the "Sellers"), and pursuant to the Asset and Share
Purchase Agreement dated as of June 11, 2002 (the "Asset and Share Purchase
Agreement") by and between the Sellers and Benchmark Electronics, Inc. , a Texas
corporation (the "Purchaser"), the Sellers, for good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, do hereby sell,
transfer, convey, assign and deliver _____________
dt 1463189
;
More... |
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 | 2000 |
Asset Contribution, Purchase and Sale Agreement [Amendment No. 3]
Asset Contribution, Purchase and Sale Agreement [Amendment No. 3] (49K)
Doc #263025: Click preview link for longer preview.
{DOCUMENT} {TYPE}EX-10.7 {SEQUENCE}8 {FILENAME}0008.txt {DESCRIPTION}THIRD AMENDMENT {TEXT}
{PAGE}
THIRD AMENDMENT TO ASSET CONTRIBUTION, PURCHASE AND SALE AGREEMENT
THIS THIRD AMENDMENT TO ASSET CONTRIBUTION, PURCHASE AND SALE AGREEMENT (this "Third Amendment") is made and entered into as of this 20th day of June, 2000, by and among: PHILIPS INTERNATIONAL REALTY, L.P., a Delaware limited partnership ("Contributor"), PHILIPS INTERNATIONAL REALTY CORP., a Maryland corporation ("Contributor Parent"), THOSE CERTAIN PARTIES IDENTIFIED AS A "PHILIPS QRS" or a "LOWER TIER ENTITY" ON THE SIGNATORY PAGES HERETO (such parties, Contributor and Contributor Parent, collectively, the "Seller Parties"); the Seller Parties each having an address at 417 Fifth Ave., New York, NY 10016, KIR ACQUISITION LLC, a Delaware limited liability company ("General Partner") and KIMCO INCOME OPERATING PARTNERSHIP, L.P. ("Limited Partner"), a Delaware limited partnership; General Partner and Limited Partner each having an address at 3333 New Hyde Park Rd., P.O. Box 5020, New Hyde Park, NY 11042-0020. All capitalized terms not specifically defined herein shall have the meanings ascribed to them by that certain Asset Contribution, Purchase and Sale Agreement, dated as of April 28, 2000 (the "Original Agreement"; as amended by that certain First Amendment to Asset Contribution, Purchase and Sale Agreement, dated May 31, 2000 (the "First Amendment"), and that certain Second Amendment to Asset Contribution, Purchase and Sale Agreement, dated June 15, 2000 (the "Second Amendment"), the "Agreement") by and between the parties hereto.
RECITALS
A. The parties hereto entered into the Agreement.
B. The parties hereto desire to amend the Agreement as more particularly set forth herein.
NOW, THEREFORE, in consideration of Ten Dollars (US$10.00), the mutual promises contained herein, and other good and valuable consideration, the mutual receipt and legal sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:
1. Closing Date. The first sentence of Section 17.1 of the Original Agreement shall be deemed replaced by the following: "The Closing shall occur no later than fifteen (15) days following the satisfaction of all conditions to Closing identified in Article 16 (but in no event later than two hundred (200) days following the date hereof, subject to the last clause of Section 19.1) at the offices of Contributor Parent's attorneys Pryor Cashman Sherman & Flynn LLP, 410 Park Avenue, New York, New York at 9:00am on the Closing Date."
{PAGE}
2. Conditions Precedent. The number "180" specified in the first and last sentences in Section 19.1 of the Original Agreement shall be deemed deleted and the number "200" shall be inserted in its place and stead.
3. Violations. Notwithstanding anything to the contrary in the Original Agreement, any code violations which have been issued or filed prior to the Closing, or for which Seller Parties have received a written notice prior to the Closing, that first arose prior to the execution and delivery of the Original Agreement, and that are the responsibility of a tenant under a Lease shall be deemed Permitted Exceptions in the event that Contributor or Contributor Parent, prior to Closing, delivers or causes to be delivered a written notice to the referenced tenant demanding that such tenant immediately commence the cure of all referenced code violations. Subject to Section 11.4 of the Original Agreement, Seller Parties shall, prior to the Closing, cause to be cured any code violations which have been issued or filed prior to the Closing, or for which Seller Parties have received a written notice prior to the Closing, that first arose prior to the execution and delivery of the Original Agreement, to the extent that such code violations are not the responsibility of a tenant under a Lease.
4. Purchase Price. Section 1.24(i) shall be deemed deleted, and the following shall be inserted in its place and stead: "One Hundred Thirty Seven Million Seventy Five Thousand Dollars ($137,075,000),". Additionally, Exhibit 1.24 to the Original Agreement shall be deemed deleted, and the revised Exhibit 1.24 attached hereto shall be inserted in its place and stead.
5. Additional Deposit. Limited Partner shall, within one (1) business day following the execution of this Third Amendment, deliver to Escrow Agent, by wire transfer, the Additional Deposit, in the amount of Two Million Six Hundred Forty Six Thousand Six Hundred and Ten and xx/10 Dollars ($2,646,610.00), in full satisfaction of Limited Partner's obligations under Section 7.2 of the Original Agreement. In the event that Limited Partner fails to deliver the Additional Deposit to Escrow Agent within one (1) business day following the execution of this Third Amendment, the parties hereto agree that the damages that Seller Parties would sustain as a result thereof would be substantial, but would be difficult to ascertain. Accordingly, the parties hereto agree that in the event of such default by Limited Partner, Seller Parties, as their sole remedy, shall be entitled to the Deposits paid (together with all interest accrued thereon) in accordance with the provisions of Article 7 of the Agreement (as liquidated damages and as agreed compensation for Limited Partner's and General Partner's lost opportunity and expenses, and not as a penalty). Nothing contained herein, including without limitation the Closing, shall limit or restrict Seller Parties' ability to pursue any rights or remedies it may have against Limited Partner or General Partner with respect to any Surviving Obligations.
6. Closing Conditions. (a) Section 16.1 of the Agreement shall be deemed modified to include the following sections:
16.1.12 Seller Parties shall assign Limited Partner (or its designee) their respective right, title and interest in and to the proceeds payable under the environmental insurance policy # NTL 1632526, dated July 30,
2 {PAGE}
1997, issued by Reliance Insurance Company of Illinois (the "Insurer") for the Forest Avenue, Enfield and Branhaven properties (the "Policy"), together with such other documents as Limited Partner shall reasonably request to evidence that Limited Partner (or its designee) has the right to receive the assigned proceeds directly.
16.1.13 Seller Parties shall deliver or cause to be delivered to Limited Partner and General Partner a written acceptance from the Insurer of the assignments set forth in Section 16.1.12, as well as an express acknowledgment from the Insurer that (a) the entity(ies) designated by Limited Partner to take title to the Forest Avenue, Enfield and Branhaven properties is a named insured and loss payee under the Policy, (b) any current or future lender of such entity may also be added as a named insured and loss payee at no additional cost, and (c) the claims set forth in that certain letter, dated September 15, 1997, from Diana Marrone to Praxis International [Forest], and that certain letter, dated May 26, 2000, from Scott Furman to Praxis International [Enfield] (collectively, the "Claims"), are covered by the Policy for such properties.
16.1.14 At the Closing, Seller Parties shall cause to be deposited into escrow with the Escrow Agent the following amounts, subject to the provisions of Section 24.18 hereof:
(a) Forest Avenue - The lesser of (i) $100,000; or (ii) the remaining amount on the deductible on the insurance policy, as evidenced by a written acknowledgment from the Insurer (it being understood that if no such acknowledgment is forthcoming for Forest Avenue, Enfield, or Branhaven the maximum deductible amount of $100,000 for each site shall be withheld).
(b) Enfield. The lesser of (i) $100,000; or (ii) the remaining amount on the deductible on the insurance policy, as evidenced by a written acknowledgment from the insurer.
(c) Branhaven - (i) if Seller Parties obtain a coverage letter from the Insurer as set forth herein, the holdback shall be a sum equal to the lesser of (x)
263025
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Chase Manhattan
As referenced in this Asset Contribution, Purchase and Sale Agreement [Amendment No. 3]:
Chase Manhattan Bank, – the sum of [$ .00] (the "Environmental
Holdback"). The Environmental Holdback shall be held by Escrow Agent in an
interest-bearing account located at Chase Manhattan Bank, N.A. in the escrow
account of Escrow Agent (the "Escrow Account"). Any interest earned on the
Environmental Holdback shall be retained _____________
dt 142131
;
Kimco Realty
As referenced in this Asset Contribution, Purchase and Sale Agreement [Amendment No. 3]:
Kimco Realty – Park Road, Suite 100
New Hyde Park, New York 11042-0020
Attention: Mr. Milton Cooper
Fax: (516) 869-7117
with a copy to:
Kimco Realty Corporation
3333 New Hyde Park Road, Suite 100
New Hyde Park, New York 11042-0020
Attention: Bruce Kauderer, Esq.
Fax: (516) 869-7256
_____________
dt 145571
;
|
Philips Int'l
As referenced in this Asset Contribution, Purchase and Sale Agreement [Amendment No. 3]:
PHILIPS INTERNATIONAL REALTY, – PURCHASE AND SALE AGREEMENT
(this "Third Amendment") is made and entered into as of this 20th day of June,
2000, by and among: PHILIPS INTERNATIONAL REALTY, L.P., a Delaware limited
partnership ("Contributor"), PHILIPS INTERNATIONAL REALTY CORP., a Maryland
corporation ("Contributor Parent"), THOSE CERTAIN PARTIES IDENTIFIED AS A
" _____________
PHILIPS INTERNATIONAL REALTY – entered into as of this 20th day of June,
2000, by and among: PHILIPS INTERNATIONAL REALTY, L.P., a Delaware limited
partnership ("Contributor"), PHILIPS INTERNATIONAL REALTY CORP., a Maryland
corporation ("Contributor Parent"), THOSE CERTAIN PARTIES IDENTIFIED AS A
"PHILIPS QRS" or a "LOWER TIER ENTITY" ON THE SIGNATORY PAGES _____________
PHILIPS INTERNATIONAL REALTY, – THE FOLLOWING PAGE ]
7
{PAGE}
IN WITNESS WHEREOF, the parties hereto have executed this Third Amendment
the 20th day of June, 2000.
Contributor: PHILIPS INTERNATIONAL REALTY, L.P.
BY: Philips International Realty Corp.,
general partner
By: /s/ Louis J. Petra
--------------------------------------------
Name: Louis J. Petra
Title: President
Contributor Parent: _____________
Philips International Realty – WITNESS WHEREOF, the parties hereto have executed this Third Amendment
the 20th day of June, 2000.
Contributor: PHILIPS INTERNATIONAL REALTY, L.P.
BY: Philips International Realty Corp.,
general partner
By: /s/ Louis J. Petra
--------------------------------------------
Name: Louis J. Petra
Title: President
Contributor Parent: PHILIPS INTERNATIONAL REALTY
CORP.
By: /s/ Louis _____________
PHILIPS INTERNATIONAL REALTY
– REALTY, L.P.
BY: Philips International Realty Corp.,
general partner
By: /s/ Louis J. Petra
--------------------------------------------
Name: Louis J. Petra
Title: President
Contributor Parent: PHILIPS INTERNATIONAL REALTY
CORP.
By: /s/ Louis J. Petra
--------------------------------------------
Name: Louis J. Petra
Title: President
General Partner: KIR ACQUISITION LLC
BY: Kimco Income Operating Partnership, _____________
dt 145311
|
| Preview
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 | 2001 |
Asset Purchase Agreement
Asset Purchase Agreement (137K)
Doc #114443: Click preview link for longer preview.
{DOCUMENT} {TYPE}EX-2.1 {SEQUENCE}2
ASSET PURCHASE AGREEMENT
THIS ASSET PURCHASE AGREEMENT (the "Agreement") is made as of this 9th day of February, 2001, by and among Microtek Medical, Inc., a Delaware corporation ("Purchaser"), Deka Medical, Inc., a Florida corporation ("Seller" or "Deka"), and all of the stockholders of Deka set forth on the signature page of this Agreement (collectively, the "Stockholders").
W I T N E S S E T H: - - - - - - - - - -
WHEREAS, Purchaser desires to purchase and Seller desires to sell substantially all of the assets of Seller used or held for use by Seller in its business of manufacturing, marketing and selling drapes and related supplies packaged as cleanup kits for surgical procedures (collectively, the "Clean-Op Business"), and substantially all of the assets of Seller used or held for use by Seller in its business of manufacturing, marketing and selling drapes for medical equipment and patients (collectively, the "Drape Business") (the Clean-Op Business and the Drape Business are referred to herein collectively as the "Seller's Business") but excluding the assets of Seller used in its gel filled pad and cover business; and
WHEREAS, the parties hereto desire to set forth certain representations, warranties and covenants made by each to the other as an inducement to the consummation of the transactions contemplated herein and certain additional agreements related thereto.
NOW, THEREFORE, in consideration of the mutual representations, warranties and covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows:
ARTICLE I PURCHASE AND SALE OF PURCHASED ASSETS
1.1 Assets to Be Acquired. Except as set forth in Section 1.2 hereof, subject to the terms and conditions of this Agreement, Purchaser agrees to purchase from Seller, and Seller agrees to sell to Purchaser, at the Clean-Op Closing and the Drape Business Closing (each as hereinafter defined), good and marketable title in and to all of the tangible and intangible assets of Seller used or held for use by Seller in the conduct of Seller's Business, whether situated at the premises of Seller or the premises of third parties, free and clear of all claims, liens, encumbrances, security interests and similar interests of any kind or nature whatsoever (collectively, the "Purchased Assets"), including, without limitation, the following:
(a) Fixed Assets. All of Seller's machinery, appliances, equipment, including computer hardware and software (to the extent such software is assignable), tools, supplies, leasehold improvements, construction in progress, and furniture and fixtures, used or held for use by Seller in connection with Seller's Business, including, without limitation, those items designated on Schedule 3.13 as Clean-Op Fixed Assets and Drape Business Fixed Assets (collectively, the "Fixed Assets").
{PAGE}
(b) Contracts. All of Seller's right, title and interest under the Contracts (as defined in Section 3.16 below) listed on Schedule 3.16 attached hereto (which are designated on Schedule 3.16 as Clean-Op Contracts or Drape Business Contracts).
(c) Accounts Receivable. All accounts receivable of Seller outstanding as of the Closing for each of the Clean-Op Business and the Drape Business (collectively, "Accounts Receivable").
(d) Intellectual Property. All Intellectual Property (as defined in Section 3.17 below) of Seller relating to Seller's Business including, without limitation, tradenames (including "Deka"), trademarks, service marks, website, website domain name, patents (including, without limitation, all divisionals, continuations, continuations-in-part, reexams, reissues, extensions and foreign counterparts of such patents) and inventions, customer lists, business records, goodwill and other intangible assets, including, without limitation, those listed on Schedule 3.17 attached hereto as Clean-Op Intellectual Property or Drape Business Intellectual Property.
(e) Licenses. All of Seller's licenses, consents, permits, variances, certifications and approvals (including, without limitation, 510(k) clearances and ISO certifications) of governmental agencies used or held for use in connection with Seller's Business, to the extent assignable, which are listed on Schedule 3.7 attached hereto as Clean-Op Licenses and Drape Business Licenses (collectively, the "Licenses").
(f) Deposits. All prepaid expenses, security and other deposits relating to Seller's Business, including, without limitation, those items listed on Schedule 3.10 attached hereto as Clean-Op Deposits and Drape Business Deposits (collectively, the "Deposits").
(g) Right to Claims. All benefits, rights or choses in action including rights of recoveries under insurance policies, warranties or guaranties relating to the Seller's Business.
(h) Inventory. All of Seller's inventory for the Clean-Op Business and the Drape Business on hand at the Clean-Op Closing and the Drape Business Closing, as applicable (collectively, the "Inventory").
(i) Books and Records. All of Seller's books, records (including, without limitation computer records), files and other materials relating to the
114443
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Chase Manhattan
As referenced in this Asset Purchase Agreement:
Chase Manhattan Bank, – Purchaser may assign this Agreement to an
"Affiliate" of Purchaser, and (b) Purchaser may assign its indemnification
rights under this Agreement to The Chase Manhattan Bank, as Agent, under
Purchaser's Amended and Restated Credit Agreement dated as of August 30, 1996,
as amended. This Agreement may not _____________
dt 101538
;
Microtek Medical
As referenced in this Asset Purchase Agreement:
MICROTEK MEDICAL HOLDINGS INC –
MICROTEK MEDICAL HOLDINGS INC _____________
dt 1850825
;
| Microtek Medical, Inc.;
Deka Medical, Inc.
|
| Preview
Full Doc
 | 2001 |
Asset Purchase Agreement
Asset Purchase Agreement (276K)
Doc #124450: Click preview link for longer preview.
ASSET PURCHASE AGREEMENT
ASSET PURCHASE AGREEMENT, dated as of December 11, 2000, by and among Niagara Mohawk Power Corporation, a New York corporation ("NMPC"), New York State Electric & Gas Corporation, a New York corporation ("NYSEG"), Rochester Gas and Electric Corporation, a New York corporation ("RG&E"), and Central Hudson Gas & Electric Corporation, a New York corporation ("CHGEC"); (NMPC, NYSEG, RG&E and CHGEC are each individually referred to herein as a "Seller" and collectively as "Sellers") and Constellation Energy Group, Inc., a Maryland corporation ("Parent") and Constellation Nuclear, LLC, a Maryland limited liability company and a wholly-owned subsidiary of Parent ("Buyer "). Sellers, Parent and Buyer are referred to individually as a "Party," and collectively as the "Parties."
W I T N E S S E T H
WHEREAS, except as set forth on Schedule 4.7 hereto, each Seller owns, as a tenant-in-common in the percentage set forth opposite such Seller's name on Schedule 1 hereto (" Proportionate Ownership"), an undivided interest in Nine Mile Point Unit 2 Nuclear Generating Facility ("NMP-2"), NRC Operating License No. NPF-69, located near Oswego, New York, and certain facilities and other assets associated therewith and ancillary thereto;
WHEREAS, NMPC is responsible for the daily operations of NMP-2 pursuant to the terms of the Nine Mile Point Nuclear Station Unit 2 Operating Agreement, effective as of January 1, 1993, as amended, among the Co-Tenants (as defined below);
WHEREAS, Buyer desires to purchase and assume, and Sellers desire to sell and assign the Purchased Interests (as defined in Section 2.1 below) and certain associated liabilities, upon the terms and conditions hereinafter set forth in this Agreement;
WHEREAS, the Parties desire that Parent support the obligations of Buyer hereunder through the Closing; and
WHEREAS, simultaneously with the execution hereof, Buyer and NMPC are entering into an Asset Purchase Agreement whereby Buyer will purchase the interests of NMPC in the Nine Mile Point Unit 1 Nuclear Generating Facility, NRC Operating License No. DPR-63 (collectively the "NMP-1 Interests").
NOW, THEREFORE, in consideration of the mutual covenants, representations, warranties and agreements hereinafter set forth, and intending to be legally bound hereby, the Parties agree as follows:
ARTICLE I
DEFINITIONS
1.1. Definitions. As used in this Agreement, the following terms have the meanings specified in this Section 1.1.
(1) "ABO" has the meaning set forth in Section 6.10(h)(A)(I).
(2) "Additional Co-Tenant Interest Acquisition" has the meaning set forth in Section 6.4.
(3) "Affiliate" has the meaning set forth in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934.
|