CONTRIBUTION; CONSIDERATION; CLOSING. At the Closing (as hereinafter defined), upon the terms and subject to the conditions set forth in this Agreement, the following transactions shall be completed as set forth below.
CONTRIBUTION; CONSIDERATION; CLOSING. Section 2.1 Contribution and Assignment of Conveyed Interests 20 Section 2.2 Consideration 20 Section 2.3 Consideration at Closings 21 Section 2.4 Post-Closing Adjustment to Closing Cash Distribution 24 Section 2.5 Closings 27 Section 2.6 Deliveries by SEP at the Closings 27 Section 2.7 Deliveries by SE Corp at the Closings 28 Section 2.8 Interest 28 Section 2.9 Payments 28 Section 2.10 Withholding 28 ARTICLE III REPRESENTATIONS AND WARRANTIES OF SE CORP REGARDING SE CORP AND CONTRIBUTORS Section 3.1 Organization and Good Standing 28 Section 3.2 Corporate Authorization 29 Section 3.3 Ownership of the Conveyed Interests 29 Section 3.4 Non-Contravention 30 Section 3.5 Consents and Approvals 30 Section 3.6 Litigation and Claims 30 Section 3.7 Investment Intent 31 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SE CORP REGARDING THE COMPANIES AND THE COMPANY SYSTEMS Section 4.1 Organization and Good Standing 31 Section 4.2 Corporate Authorization 31 Section 4.3 Capitalization 32 Section 4.4 Non-Contravention 32 Section 4.5 Consents and Approvals 33 Section 4.6 Financial Statements 33 Section 4.7 Absence of Liabilities 34 Section 4.8 Absence of Changes 34 Section 4.9 Material Contracts 35 Section 4.10 Litigation and Claims 35 Section 4.11 Compliance with Law; Permits 35 Section 4.12 Properties 36 Section 4.13 Environmental Matters 37 Section 4.14 Employee Benefit Matters 38 Section 4.15 Tax Matters 38 Section 4.16 Compliance 40 Section 4.17 Insurance 40 Section 4.18 No Brokers or Finders 41 Section 4.19 No Other Business 41 Section 4.20 Intellectual Property 41 Section 4.21 Bank Accounts 41 Section 4.22 Transactions with Affiliates 41 Section 4.23 No Other Representations or Warranties 42 ARTICLE V REPRESENTATIONS AND WARRANTIES OF SEP Section 5.1 Organization and Qualification 42 Section 5.2 Corporate Authorization 42 Section 5.3 Consents and Approvals 43 Section 5.4 Non-Contravention 43 Section 5.5 Litigation and Claims 43 Section 5.6 Financing 43 Section 5.7 Investment Intent 43 Section 5.8 No Brokers or Finders 44 Section 5.9 Issuance of Total Unit Consideration 44 Section 5.10 SEP SEC Documents 45 Section 5.11 Independent Investigation; No Other Representations or Warranties 45 ARTICLE VI
CONTRIBUTION; CONSIDERATION; CLOSING. Section 2.1 Contribution and Assignment of Conveyed Interests 20 Section 2.2 Consideration 20 Section 2.3 Consideration at Closings 21
CONTRIBUTION; CONSIDERATION; CLOSING
