The RSC then has the option of affixing its own name to the deed, or waiting and inserting the name of the purchaser
when the property is subsequently sold to a third party.
(2) Represents that some type of business assistance will be provided to the purchaser
. Business assistance means the offer of material advice, information, or support to a prospective purchaser
, and specifically includes (a) more detailed versions of the Franchise Rule's "providing locations/customer accounts" business opportunity definitional element, and "significant assistance" franchise definitional element; (b) purchasing products made, grown, etc.
The selling CPA often will remain employed by the purchaser
for a transition period, which can range from a few months to as long as three to five years.
(d) After entering into a purchase and sale agreement, the vendor of a subsidiary may be deemed related to an arm's-length purchaser
under paragraph 251(5)(b) of the Act.
The object was for the vendors to secure a contract ensuring the growth of their business, while the purchasers
sought the best quality items at the lowest price.
Although receiving a license back, the original owner may be concerned that the license will be rejected in the event of insolvency of the purchaser
insurance company or that the purchaser
may dilute the value of the intellectual property by subsequent assignments, sublicensing and public disclosure.
Historically, the asset purchase agreement did control what liabilities a purchaser
Recent discussions with OEM purchasers
and engineers revealed to me that U.S.
First, the purchaser
should conduct critical due diligence of the facility in an effort to learn as much as possible about its existing and potential liabilities.
Ordinarily, sellers would require the purchaser
to indemnify them for any U.S.
Additional information concerning the foregoing is contained in the Early Warning Report filed by the purchaser
on SEDAR under the Company's profile.
Elbit Imaging announced regarding the termination of the Joint Development Agreementand the Term Sheet between Elbit Plaza India Real Estate Holdings Limited and the purchaser
regarding a 74.7 acre plot in Chennai, India held by an SPV subsidiary of EPI, a transaction with total consideration of INR 108 crores, that the parties have signed a share purchase agreement according to which: The Purchaser
has paid a deposit of INR 5 crores in order to provide the Purchaser
with an additional six months to complete the closing, which may be extended by another month upon payment by the Purchaser
of an additional deposit of INR of 5 crores.