|
|
|
|
Document Preview Lease Assignment and Assumption Agreement |
||||
|
|
||||
|
Click "Add to Cart" button to purchase document. |
||||
|
|
||||
|
Title: |
Lease Assignment and Assumption Agreement |
|||
|
Entities: |
||||
|
Date: |
2006 |
|||
|
Size: |
Preview shows 3KB of 9KB total |
|||
|
Price: |
$34 |
|||
|
ID: |
#1638144 |
|||
|
|
||||
|
||||
|
|
||||
|
Start of Preview |
||||
LEASE ASSIGNMENT AND ASSUMPTION AGREEMENT
THIS LEASE ASSIGNMENT AND ASSUMPTION AGREEMENT (this ?Agreement?) is made and entered into effective as of the first day of May 2006 (the ?Effective Date?) by and among S.C. JOHNSON & SON, INC., a Wisconsin corporation (?SCJ?), JOHNSONDIVERSEY, INC., a Delaware corporation (?JDI?), aad JOHNSON POLYMER, LLC, a Wisconsin limited liability company (?Johnson Polymer?).
RECITALS
A. Pursuant to an Asset and Equity Interest Purchase Agreement dated as of May 1, 2006 by and among Johnson Polymer, JohnsonDiversey Holdings II B.V., a company organized under the laws of the Netherlands, and BASF Aktiengesellschaft, a company organized under the laws of Germany (?Buyer?) (the ?Purchase Agreement?), Buyer has purchased, among other things, (1) certain assets of Johnson Polymer which are used in the business of developing, manufacturing, and selling specialty polymers for use in the industrial print and packaging industry, industrial paint and coatings industry, and industrial plastics industry and (2) the equity interests in certain subsidiaries of Johnson Polymer and JohnsonDiversey Holdings II B.V.
B. Pursuant to a Real Estate and Equipment Lease Agreement dated as of July 3, 1999 by and between SCJ and Johnson Polymer, Inc. (n/k/a Johnson Polymer), as amended by an Omnibus Lease Amendment dated as of November 20, 2001 by and between SCJ, S.C. Johnson Commercial Markets, Inc. (n/k/a JohnsonDiversey, Inc.), and Johnson Polymer, Inc. (n/k/a Johnson Polymer, LLC) (as amended, the ?Lease Agreement?), Johnson Polymer leases from SCJ (1) portions of buildings 50, 57 and 59 at SCJ?s Waxdale Facility located in Mt. Pleasant, Wisconsin, and (2) certain equipment. The parties acknowledge that by notice of termination given by SCJ on December 22, 2005, the Lease Agreement will expire on July 2, 2006.
|
End of Preview |
Home Intelligence Services Subscriptions News About Us