Examples of Asset Sale and Purchase Agreement in a sentence
On June 18, 2019, YICA also entered into the Secured Creditor Asset Sale and Purchase Agreement with the Lender and YIC (the “Asset Sale and Purchase Agreement”).
Due to previous defaults on secured debt owed to the Lender by the Guarantors, the Lender exercised its right to take possession of and sold the assets of YIC to YICA in exchange for the assumption of all secured debt owed to the Lender by the Guarantors and with the Guarantors remaining as guarantors of the secured debt under the Private Sale Agreement and the Asset Sale and Purchase Agreement.
The indemnity also included an indemnity for the fees and disbursements of the Liquidators and their respective legal costs in respect of trading the business during the negotiation and completion of the Asset Sale and Purchase Agreement.
Prior to the date hereof, SG’s London Branch has transferred Cowen Assets related to the London operations of the Cowen Business to Cowen UK pursuant to and subject to the terms of the Intra-Group Asset Sale and Purchase Agreement, dated as of May 1, 2006, by and between SG London Branch and Cowen UK (the “Cowen UK Purchase Agreement”).
Under the Asset Sale and Purchase Agreement, Thai Oil will transfer ownership of the ERU Project to the Company or Subsidiary upon the fulfillment of the conditions precedent specified in the Asset Sale and Purchase Agreement, which include the countersigning by Thai Oil of a Provisional Acceptance Certificate for the CFP, which is estimated to take place in the third quarter of 2023, and the purchaser and seller having received all necessary approvals from the relevant authorities.
Xxxxxx Refining Company LLC, a Delaware limited liability company (“Debtor”), has entered into that certain Asset Sale and Purchase Agreement dated as of the date hereof (the “Purchase Agreement”) by and between Debtor, as Buyer, and Sunoco, Inc.
On January 3, 2007, Kevin Curley (“Curley”) sold theassets of Curley Insurance Group, LLC (“CIG”) to Texans CUSO Insurance Group, LLC (the “Debtor” or “Texans”) and Texans CUSO Partners, LLC 1 under the Amended and Restated Asset Sale and Purchase Agreement (“ARAPA”).
The entry into the Asset Sale and Purchase Agreement and the Land Sub-Lease Agreement constitutes an asset acquisition transaction of the Company.
Reference is made to the Asset Sale and Purchase Agreement dated as of December 2, 2010 (the “Agreement”), by and among the Seller and the Buyer referenced therein.
The indemnity also includes an indemnity for the fees and disbursements of the Liquidators and their respective legal costs in respect of trading the business during the negotiation and completion of the Asset Sale and Purchase Agreement.