ASSET PURCHASE AGREEMENT
Exhibit 10.17
In consideration and receipt of $2,832,323 ACF Industries, LLC
shall sell and deliver to American Railcar Industries, Inc.
certain machinery, equipment and leasehold improvements. These
assets are identified as the machinery, equipment and leasehold
improvements leased by Xxxxxxx Manufacturing of American Railcar
Industries, Inc. from ACF Industries, LLC.
The purchase price shall consist of $2,132,470 for leasehold
improvements to the St. Xxxxxxx Properties leased manufacturing
facility and $699,853 for machinery and equipment. The purchased
items are identified on attached Schedule A.
IN WITNESS WHEREOF, Buyer and Seller have executed this Asset
Purchase Agreement as of March 31, 2005.
ACF INDUSTRIES, LLC
/s/ ACF INDUSTRIES, LLC
AMERICAN RAILCAR INDUSTRIES, INC.
/s/ AMERICAN RAILCAR INDUSTRIES, INC.
