Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / assignment-assumption-agreement-draft.docx
assignment-assumption-agreement-draft.docx
Parties
Harkness LLP
Meridian Consumer Brands LLC
Buckeye Industrial Properties LLC
Shaw LLP
Dates
June 30, 2022
October 7, 2022
October 12, 2022
Amounts
$4,200,000
$620,000
$33,250,000
$95,000,000
$950,000
$9,500,000
Obligations
dated as of [●], 2022 (as the same may be amended, restated, supplemented, or otherwise modified from time to time, the "Purchase Agreement"), pursuant to which Assignor has agreed to sell, transfer, assign, convey, and deliver to Assignee, and Assignee has agreed to purchase from Assignor, the Acquired Assets (as defined in the Purchase Agreement), which include, among other things, certain contracts, agreements, and other instruments related to Assignor's CleanLeaf and PureHaven consumer product lines (the "Product Lines"); WHEREAS, pursuant to the terms and conditions of the Purchase Agreement, Assignor has agreed to assign to Assignee, and Assignee has agreed to assume from Assignor, certain liabilities and obligations as specified herein and in the Purchase Agreement (the "Assumed Liabilities"), in connection with the sale and transfer of the Acquired Assets; WHEREAS, this Agreement is being executed and delivered pursuant to Section [●] of the Purchase Agreement and constitutes a closing deliverable thereunder, and the execution and delivery of this Agreement is a condition to the consummation of the transactions contemplated by the Purchase Agreement; and WHEREAS, capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Purchase Agreement
Capitalized terms used in this Agreement and not otherwise defined herein shall have the respective meanings ascribed to such terms in the Purchase Agreement
As used in this Agreement, the following terms shall have the meanings set forth below: (a) "Acquired Assets" shall have the meaning ascribed to such term in the Purchase Agreement
(c) "Assumed Liabilities" shall have the meaning ascribed to such term in the Purchase Agreement
(d) "Closing Date" shall have the meaning ascribed to such term in the Purchase Agreement
(f) "Excluded Assets" shall have the meaning ascribed to such term in the Purchase Agreement