ASSET PURCHASE AGREEMENTAsset Purchase Agreement • September 2nd, 2005 • Encore Capital Group Inc • Short-term business credit institutions • California
This Asset Purchase Agreement (this “Agreement”), is made as of August 30, 2005, by and among Ascension Capital Group, Ltd., a Texas limited partnership, with principal executive offices at 2201 E. Lamar Blvd., Suite 200, Arlington, Texas 76006 (“Seller”), Ascension Capital Management, L.L.C., a Texas limited liability company (the “General Partner”), The Erich M. Ramsey Trust (the “Ramsey Trust”), Erich M. Ramsey (“Ramsey”), Leonard R. Oszustowicz (“Oszustowicz”), Jeffrey J. Walter (“Walter,” and together with the General Partner, the Ramsey Trust, Ramsey and Oszustowicz, the “Partners”), on the one hand, and Encore Capital Group, Inc., a Delaware corporation, with principal executive offices at 8875 Aero Drive, San Diego, California 92123 (“Encore”), and Ascension Acquisition, LP, a Texas limited partnership (“Buyer”), an indirect wholly-owned subsidiary of Encore, on the other hand (Encore and Buyer are sometimes collectively referred to herein as the “Encore Parties”).
