ASSET PURCHASE AGREEMENT by and among US FARM & RANCH SUPPLY COMPANY, INC. (as “Parent”), CHANNEL 55/42 OPERATING, LP, USFR TOWER OPERATING, LP USFR EQUITY DRIVE PROPERTY LLC and HUMANITY INTERESTED MEDIA, L.P. (collectively, “Seller”) and SPANISH...Asset Purchase Agreement • May 6th, 2011 • Spanish Broadcasting System Inc • Radio broadcasting stations • New York
This ASSET PURCHASE AGREEMENT (this “Agreement”) is entered into as of May 2, 2011 by and among CHANNEL 55/42 OPERATING, LP, a Texas limited partnership (“Operating Seller”), USFR TOWER OPERATING, LP, a Texas limited partnership (“Asset Seller”), HUMANITY INTERESTED MEDIA, L.P., a Texas limited partnership (“License Seller”), USFR EQUITY DRIVE PROPERTY LLC, a Texas limited liability company (“Equipment Seller” and, collectively with Operating Seller, Asset Seller and License Seller, “Seller”), and solely for purposes of Sections 3.1, 3.3, 3.4 and Article 10, US FARM & RANCH SUPPLY COMPANY, INC., a Texas corporation (“Parent”), and SPANISH BROADCASTING SYSTEM, INC., a Delaware corporation (“Buyer”).
