ASSET PURCHASE AGREEMENT BETWEEN GE AVIATION SYSTEMS LLC, GENERAL ELECTRIC COMPANY, acting by and through its GE AVIATION business unit, solely for purposes of Sections 5.26(a), 11.1 and 11.16(b), WOODWARD HRT, INC. AND WOODWARD, INC., solely for...Asset Purchase Agreement • December 28th, 2012 • Woodward, Inc. • Electrical industrial apparatus • Delaware
This ASSET PURCHASE AGREEMENT, dated as of December 27, 2012, between GE Aviation Systems LLC, a Delaware limited liability company (“Seller”), General Electric Company, a New York corporation, acting by and through its GE Aviation business unit (“GE”), solely for purposes of Sections 5.26(a), 11.1 and 11.16(b), Woodward HRT, Inc., a Delaware corporation (“Buyer”) and Woodward, Inc., a Delaware corporation (“Buyer Parent”), solely for purposes of Sections 11.1 and 11.16(a) (this “Agreement”).
Chicago, IllinoisLoan Agreement • December 28th, 2012 • Woodward, Inc. • Electrical industrial apparatus
FOR VALUE RECEIVED, WOODWARD, INC. (the “Borrower”) HEREBY PROMISES TO PAY to the order of JPMORGAN CHASE BANK, N.A. (the “Bank”), at its offices located at 1111 Polaris Parkway, Columbus, Ohio 43240, or at such other place as the Bank or any holder hereof may from time to time designate, the lesser of (i) the principal sum of TWO HUNDRED MILLION DOLLARS ($200,000,000) and (ii) the aggregate unpaid principal amount of the Loans (as hereinafter defined) evidenced hereby, in lawful money of the United States, on December 20, 2013 (the “Maturity Date”) (or such earlier date as shall be specified by the Bank in accordance with the terms of this Note), together with interest on the unpaid principal balance of each Loan at a rate equal to the Applicable Interest Rate (as hereinafter defined).
