View Clause Headings                                                                                                                                               HelpHelp
DOCUMENT TITLE:  ASSET PURCHASE AGREEMENT .
ACTIONS: Here are the clause headings in the document. To view the clause, click the clause heading.To view the full document, click the "View Document" button.

View Document Back
Clause Heading
(a) - Purchase of Business Assets.
(b) - Purchase of Owned Real Property.
Section 2.2 - Excluded Assets.
(a) - Assumed Liabilities.
(b) - Excluded Liabilities.
Section 2.4 - Payment of Purchase Price.
Section 2.5 - Current Asset Adjustment.
(a) - Estimated Closing Statement.
(b) - Post-Closing Purchase Price Adjustment.
Section 2.6 - Escrow.
Section 2.7 - Purchase Price Allocation.
Section 2.8 - Nonassignable Assets.
Section 2.9 - Excise Tax Act.
Section 3.1 - Closing.
(a) - The Closing Payment, the Escrow Amount and the ISRA Remediation Funding Source;
Section 3.2 - Deliveries by the Selling Companies.
Section 3.3 - Deliveries by Purchasers.
Section 3.4 - Proration.
(a) - Utilities.
(b) - Real Estate Taxes.
Section 4.1 - Conditions to the Obligations of the Purchasers.
Section 4.2 - Conditions to the Obligations of the Selling Companies.
ARTICLE V - REPRESENTATIONS AND WARRANTIES
Section 5.1 - Due Incorporation, Organization and Qualification.
Section 5.2 - Charter Documents and Corporate Records; Subsidiaries.
Section 5.3 - Authority to Execute and Perform Agreements; Due Execution and Enforceability.
Section 5.4 - Transferred Assets.
(b) - The Transferred Assets:
Section 5.5 - Claims and Proceedings.
(c) - Valid and Binding, Etc.
Section 5.6 - SEC Filings; Undisclosed Liabilities.
Section 5.7 - Accounts Receivable.
Section 5.8 - Absence of Certain Changes or Events.
Section 5.9 - Governmental Authorization and Compliance with Laws .
Section 5.10 - Contracts.
(b) - Copies of Contracts.
Section 5.11 - Inventory.
Section 5.12 - Tangible Property.
(h) - Tanks; No Asbestos.
(i) - Environmental Reports.
Section 5.16 - Warranty Claims .
Section 5.17 - Brokers.
Section 5.13 - Intellectual Property.
Section 5.14 - Real Estate.
Section 5.15 - Environmental Matters.
(g) - Site Listing.
Section 5.18 - Tax Matters.
Section 5.19 - Export Compliance.
(a) - List of Plans; Compliance.
(b) - Contributions.
(c) - Continuation Requirements.
(d) - Labor and Employment Matters.
Section 5.21 - Insurance .
Section 5.23 - Board Approval.
Section 5.24 - Disclosure.
ARTICLE VI - REPRESENTATIONS AND WARRANTIES OF THE PURCHASER
Section 6.1 - Due Incorporation; Organization; Qualification.
Section 6.2 - Charter Documents and Corporate Records.
Section 6.3 - Authority to Execute and Perform Agreements; Due Execution and Enforceability.
Section 6.4 - Claims and Proceedings.
Section 6.5 - Brokers.
Section 6.7 - No Financing Contingency.
Section 7.1 - Interim Operating Covenants.
Section 7.2 - Commercially Reasonable Efforts.
Section 7.3 - Access .
Section 7.4 - Confidentiality.
Section 7.5 - Intellectual Property Matters.
Section 7.6 - Industrial Site Recovery Act; Environmental Remediation Holdback.
Section 7.7 - Collection of Transferred Accounts Receivable.
Section 7.8 - Collection of Other Payments .
Section 7.9 - Post-Closing Access.
Section 7.10 - Exclusivity.
Section 7.11 - Conveyance Taxes.
Section 7.12 - Shareholder Approval.
Section 7.13 - Change of Corporate Names.
Section 7.14 - Stay Bonuses.
Section 8.1 - Covenants Against Competition.
(a) - Non-Compete.
(b) - Employees of the Companies.
Section 8.2 - Severability of Covenants.
Section 8.3 - Blue-penciling.
Section 8.4 - Enforceability in Jurisdictions.
Section 8.5 - Remedies.
Section 8.6 - Reasonableness.
Section 9.1 - Termination.
Section 9.2 - Effect of Termination.
Section 9.3 - Termination Fee.
Section 10.1 - Indemnification of the Purchasers .
Section 10.2 - Indemnification of the Selling Companies.
Section 10.3 - Monetary Limitations.
Section 10.4 - Survival.
Section 10.5 - Limitation on Remedies.
Section 10.6 - Third Party Claims.
Section 10.7 - Direct Claims.
Section 10.8 - Additional Matters.
Section 10.9 - Effect of Investigation; Schedules.
Section 10.10 - Right of Set Off.
Section 11.1 - Bulk Sales Tax.
Section 12.1 - Entire Agreement.
Section 12.2 - Amendments.
Section 12.3 - Counterparts.
Section 12.4 - Binding Agreement; Assignability.
Section 12.5 - Notices.
Section 12.6 - GOVERNING LAW.
Section 12.7 - Publicity.
Section 12.8 - Parties in Interest.
Section 12.9 - Effect of Headings.
Section 12.10 - Consent to Jurisdiction; Waiver of Immunity and Service of Process.
Section 12.12 - Expenses of Sale.
Section 12.13 - Further Assurances.
Section 12.14 - Disclosure Memorandum.