Common use of Purchase and Sale of Assets Assignment and Assumption of Liabilities Clause in Contracts

Purchase and Sale of Assets Assignment and Assumption of Liabilities. 1 2.1. The Purchase and Sale; Assignment and Assumption. 1 2.2. Purchase Price 2 2.3.The Closing 2 2.4.Closing Deliveries 2 2.5.Working Capital Adjustment. 3 2.6.Consents. 5 2.7.Withholding 6 2.8.Escrow Amount. 6 2.9.Allocation Schedule 7 3.REPRESENTATIONS AND WARRANTIES REGARDING THE BUSINESS. 7 3.1.Organization 7 3.2.Power and Authorization 8 3.3.Authorization of Governmental Authorities 8 3.4.Noncontravention 8 3.5.Litigation; Compliance with Laws; Business Restrictions. 8 EXHIBIT 2.1 0.0.Xxxxxxxxx Statements. 10 3.7.Debt; Guarantees 11 3.8.Absence of Undisclosed Liabilities 11 3.9.Absence of Certain Developments 11 3.10.Title to and Condition of Assets. 12 3.11.Real Property 13 3.12.Products; Product Warranty and Liability 13 3.13.Environmental, Health and Safety Matters. 13 3.14.Intellectual Property & Information Technology. 14 0.00.Xxxxxxxxx 19 3.16.Employees. 20 3.17.Employee Benefits. 21 3.18.Permits 22 3.19.Contracts and Commitments. 22 0.00.Xxx Matters 24 3.21.Interested Party Transactions 25 3.22.Propriety of Past Payments 25 3.23.Inventory 26 EXHIBIT 2.1 3.24.Customers, Suppliers and Vendors 26 0.00.Xx Brokers 26 0.00.Xx Other Representations 26

Appears in 1 contract

Samples: Asset Purchase Agreement (Luna Innovations Inc)

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