DEFINITIONS AND RULES OF CONSTRUCTION 1. Section 1.1 Definitions 1 Section 1.2 Rules of Construction 11
DEFINITIONS AND RULES OF CONSTRUCTION 1. Section 1.1 Definitions 1 Section 1.2 Rules of Construction 2 ARTICLE II CLOSING AND RELATED MATTERS 2 Section 2.1 Contribution of Contributed Interests 2 Section 2.2 Closing 3 Section 2.3 Deliveries at Closing 3 ARTICLE III REPRESENTATIONS AND WARRANTIES REGARDING TRANSFEROR AND SOUTHAMPTON 4 Section 3.1 Organization 4 Section 3.2 Authority; Enforceability 5 Section 3.3 Title to Contributed Interests 5 Section 3.4 No Conflict; Consents and Approvals 5 Section 3.5 Legal Proceedings 5 Section 3.6 Ownership 6 Section 3.7 Management Reports; No Undisclosed Liabilities 6 Section 3.8 Real Property 6 Section 3.9 Governmental Authorizations; Compliance with Law 6 Section 3.10 Taxes 6 Section 3.11 Disclaimer 7 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF TRANSFEREE 7 Section 4.1 Organization 7 Section 4.2 Authority; Enforceability 7 Section 4.3 No Conflicts; Consents and Approvals 8 Section 4.4 Legal Proceedings 8 Section 4.5 Investment Representation 8 Section 4.6 Independent Investigation; Waiver of Other Representations 8 ARTICLE V COVENANTS AND OTHER AGREEMENTS 10 Section 5.1 Conduct of Business 10 Section 5.2 Commercially Reasonable Efforts 11 Section 5.3 Tax Matters 11 Section 5.4 Updating 12 Section 5.5 Excluded Liabilities 13 Section 5.6 Net Working Capital 13 CONTRIBUTION AGREEMENT TABLE OF CONTENTS ARTICLE VI CONDITIONS TO CLOSING 13 Section 6.1 Transferee’s Closing Conditions 13 Section 6.2 Transferor’s Closing Conditions 14 ARTICLE VII INDEMNIFICATION 15 Section 7.1 Survival 15 Section 7.2 Indemnification 15 Section 7.3 Conduct of Indemnification Proceedings 16 Section 7.4 Limitations 17 Section 7.5 Exclusive Remedy 17 ARTICLE VIII TERMINATION RIGHTS 18 Section 8.1 Termination Rights 18 Section 8.2 Effect of Termination 18 ARTICLE IX GENERAL 18 Section 9.1 Entire Agreement; Successors and Assigns 18 Section 9.2 Amendments and Waivers 18 Section 9.3 Notices 19 Section 9.4 Governing Law 20 Section 9.5 Dispute Resolution; Waiver of Jury Trial 20 Section 9.6 Disclosure Schedules 21 Section 9.7 Severability 21 Section 9.8 Transaction Costs and Expenses 21 Section 9.9 Rights of Third Parties 21 Section 9.10 Counterparts 21 Section 9.11 Specific Performance 22 Section 9.12 Further Assurances 22 EXHIBITS Exhibit A Definitions Exhibit B Form of Interest Conveyance Exhibit C Approved Southampton Budget Exhibit D Form of Biomass Fuel Supply Confirmation Exhibit E Form of Terminal Services Agreement DISCLOSURE SCHEDULES Schedule 2.4 Transferor Approvals and Consen...
DEFINITIONS AND RULES OF CONSTRUCTION 1. Section 1.1. Definitions 1 Section 1.2. Rules of Construction 6 ARTICLE II REPRESENTATIONS 7 Section 2.1. Representations of the Issuer 7 Section 2.2. Representations of the Company 8 ARTICLE III RENTAL OF THE PROJECT 9 Section 3.1. Rental of the Project 9 Section 3.2. Warranties 10 Section 3.3. Quiet Enjoyment 11
