Page ARTICLE 1 THE TRANSACTION 1 Section 1.1 Assets and Liabilities 1 Section 1.2 Consideration 4 Section 1.3 Net Working Capital Adjustment 4 Section 1.4 Escrow 6 ARTICLE 2 THE CLOSING AND TRANSFER OF ASSETS 6 Section 2.1 Closing 6 Section 2.2...Asset Purchase Agreement • August 5th, 2011 • Devry Inc • Services-educational services • Illinois
Contract Type FiledAugust 5th, 2011 Company Industry JurisdictionThis ASSET PURCHASE AGREEMENT (this “Agreement”) is entered into as of August 3, 2011 (the “Closing Date”), by and among AUC SCHOOL OF MEDICINE B.V., a private limited company organized and existing under the laws of St. Maarten (the “St. Maarten Buyer”), DEVRY MEDICAL INTERNATIONAL, INC., a New York corporation (the “U.S. Buyer,” and collectively with the St. Maarten Buyer, the “Buyers,” and each individually, a “Buyer”), THE AMERICAN UNIVERSITY OF THE CARIBBEAN SCHOOL OF MEDICINE, a Cayman Islands exempted company (“AUCSOM”), AMERICAN UNIVERSITY OF THE CARIBBEAN, N.V., a limited liability company (naamloze vennootschap) organized and existing under the laws of St. Maarten (“AUCNV”) and MEDICAL EDUCATION SERVICES, INC., a Florida corporation (“MEAS,” and collectively with AUCSOM and AUCNV, the “Sellers”, and each individually, a “Seller”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in Section 9.1 of this Agreement. Each Buyer and e
Page ARTICLE 1 THE TRANSACTION 1 Section 1.1 Assets and Liabilities 1 Section 1.2 Consideration 4 Section 1.3 Net Working Capital Adjustment 4 Section 1.4 Escrow 6 ARTICLE 2 THE CLOSING AND TRANSFER OF ASSETS 6 Section 2.1 Closing 6 Section 2.2...Asset Purchase Agreement • August 5th, 2011 • Devry Inc • Services-educational services • Illinois
Contract Type FiledAugust 5th, 2011 Company Industry JurisdictionThis ASSET PURCHASE AGREEMENT (this “Agreement”) is entered into as of August 3, 2011 (the “Closing Date”), by and among AUC SCHOOL OF MEDICINE B.V., a private limited company organized and existing under the laws of St. Maarten (the “St. Maarten Buyer”), DEVRY MEDICAL INTERNATIONAL, INC., a New York corporation (the “U.S. Buyer,” and collectively with the St. Maarten Buyer, the “Buyers,” and each individually, a “Buyer”), THE AMERICAN UNIVERSITY OF THE CARIBBEAN SCHOOL OF MEDICINE, a Cayman Islands exempted company (“AUCSOM”), AMERICAN UNIVERSITY OF THE CARIBBEAN, N.V., a limited liability company (naamloze vennootschap) organized and existing under the laws of St. Maarten (“AUCNV”) and MEDICAL EDUCATION SERVICES, INC., a Florida corporation (“MEAS,” and collectively with AUCSOM and AUCNV, the “Sellers”, and each individually, a “Seller”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in Section 9.1 of this Agreement. Each Buyer and e