ASSET PURCHASE AGREEMENTAsset Purchase Agreement • October 26th, 2005 • Nelnet Inc • Personal credit institutions • Delaware
This Asset Purchase Agreement (the “Agreement”) is made and entered into as of September 27, 2005, by and among (i) Nelnet, Inc., a Nebraska corporation (the “Buyer”), (ii) Chela Education Financing, Inc., a Delaware corporation (the “Seller”) and wholly owned subsidiary of the Foundation (as defined below) and (iii) The Education Financing Foundation of California, a California nonprofit public benefit corporation (the “Foundation”).
