Preview | Asset Purchase Agreement |

Document Preview

Asset Purchase Agreement

Click "Add to Cart" button to purchase document.
Documents are emailed immediately after purchase.
You can also browse documents by title, category, or company... or click here for help finding documents.

Title:

Asset Purchase Agreement

Entities:

Environmental Remediation Holding Corp.; Georgia-Pacific Corp.; Schulte Roth & Zabel LLP; Troutman Sanders

Date:

2004

Size:

Preview shows 46KB of 241KB total

Price:

$60

ID:

#367487

► Purchase & Sale ► Purchase ► Asset Purchase Agreements
► Miscellany ► Fortune 100
► Energy ► Oil & Gas Operations
► Commodities ► Paper & Paper Products
► Services ► Legal

Start of Preview

ASSET PURCHASE AGREEMENT

by and among

GEORGIA-PACIFIC CORPORATION,

GEORGIA-PACIFIC BUILDING MATERIALS SALES, LTD.

and

ABP DISTRIBUTION INC.

March 12, 2004

Table of Contents


ARTICLE I Purchase and Sale of Acquired Assets; Assumption of Assumed Liabilities		1

SECTION 1.1	Purchase and Sale	1
SECTION 1.2	Acquired and Excluded Assets	1
SECTION 1.3	Assumed and Excluded Liabilities	7
SECTION 1.4	Purchase Price	11

ARTICLE II The Closing; Purchase Price Adjustments		11

SECTION 2.1	Closing Date	11
SECTION 2.2	Transactions to be Effected at the Closing	11
SECTION 2.3	Working Capital Adjustment	12
SECTION 2.4	Intercompany Trade Payable	14

ARTICLE III Representations and Warranties of Sellers		14

SECTION 3.1	Organization, Standing and Power	14
SECTION 3.2	Authority	14
SECTION 3.3	No Conflicts.	15
SECTION 3.4	Compliance with Applicable Laws	15
SECTION 3.5	Financial Statements	16
SECTION 3.6	Absence of Certain Changes	17
SECTION 3.7	Litigation; Decrees	18
SECTION 3.8	Title to Acquired Assets	18
SECTION 3.9	Leased Real Property	19
SECTION 3.10	Personal Property	19
SECTION 3.11	Inventory	19
SECTION 3.12	Accounts Receivable	19
SECTION 3.13	Intellectual Property and Specified Brands	20
SECTION 3.14	Insurance	21
SECTION 3.15	Contracts	21
SECTION 3.16	Sufficiency of Acquired Assets	23
SECTION 3.17	Employee Benefits	23
SECTION 3.18	Environmental Matters	25
SECTION 3.19	Taxes	26
SECTION 3.20	Labor Matters	26
SECTION 3.21	Suppliers and Customers	27
SECTION 3.22	Affiliate Transactions	27
SECTION 3.23	Brokers	28
SECTION 3.24	Computer Hardware; Computer Software; Data	28
SECTION 3.25	Capital Expenditures	29

ARTICLE IV Representations and Warranties of Purchaser		29

SECTION 4.1	Organization, Standing and Power	29
SECTION 4.2	Authority	29
SECTION 4.3	Available Funds	31


SECTION 4.4	Litigation	31
SECTION 4.5	Brokers	31

ARTICLE V Covenants		31

SECTION 5.1	Conduct of Business	31
SECTION 5.2	Access to Information	32
SECTION 5.3	Governmental Approval, Etc.	32
SECTION 5.4	Third Party Consents	33
SECTION 5.5	Expenses	35
SECTION 5.6	Brokers or Finders	35
SECTION 5.7	No Additional Representations	35
SECTION 5.8	Certain Information	36
SECTION 5.9	Bulk Transfer Laws	38
SECTION 5.10	Cooperation of the Parties	38
SECTION 5.11	Allocation; Tax Matters	38
SECTION 5.12	Computer Software	41
SECTION 5.13	Ancillary Documents	43
SECTION 5.14	Prorated Charges	43
SECTION 5.15	Schedules	43
SECTION 5.16	Inconsistencies	43
SECTION 5.17	Additional Intellectual Property Provisions	44
SECTION 5.18	Insurance	45
SECTION 5.19	Guarantees of Sellers	45
SECTION 5.20	Intentionally left blank	45
SECTION 5.21	UST Financial Assurance	45
SECTION 5.22	Compliance with Environmental Transfer Statutes	46
SECTION 5.23	Intentionally left blank	46
SECTION 5.24	Financial Statements	46
SECTION 5.25	Items Purchased	47
SECTION 5.26	Share Use Arrangements	47

ARTICLE VI Conditions Precedent		47

SECTION 6.1	Conditions to Each Partys Obligation	47
SECTION 6.2	Conditions to Obligation of Purchaser	47
SECTION 6.3	Conditions to Obligation of Sellers	48

ARTICLE VII Termination, Amendment and Waiver		49

SECTION 7.1	Termination	49
SECTION 7.2	Amendments and Waivers	50

ARTICLE VIII Indemnification		50

SECTION 8.1	Indemnification by Sellers	50
SECTION 8.2	Indemnification by Purchaser	52
SECTION 8.3	Procedures Relating to Third Party Claims (other than Pre-Closing Environmental Liabilities and Product Liability Claims)	52


SECTION 8.4	Environmental Liabilities	53
SECTION 8.5	Product Liability Claim Procedures

End of Preview

Home Intelligence Services Subscriptions News About Us