Purchase Agr. btwn Cell Pathways, Inc., MAS Funds Small Cap Value Portfolio, Van Kampen American Value Fund, et al. dated October 8, 1999. 15 pages.
Mecklenburg County, North Carolina is a vibrant and rapidly growing region located in the Piedmont region of the state. This county is home to the city of Charlotte, the largest city in North Carolina and a major economic hub in the Southeastern United States. Mecklenburg County boasts a diverse population, a thriving business community, and a plethora of cultural, recreational, and educational opportunities. Within Mecklenburg County, there are various types of purchase agreements that may occur between different entities such as Cell Pathways, Inc., MAS Funds Small Cap Value Portfolio, and Van Kampen American Value Fund. These purchase agreements can involve the acquisition of assets, stocks, securities, or other financial instruments. Let's dive into a sample purchase agreement to get a better understanding. Sample Purchase Agreement This Purchase Agreement ("Agreement") is entered into as of [Date] by and between Cell Pathways, Inc. ("Buyer") and MAS Funds Small Cap Value Portfolio and Van Kampen American Value Fund (collectively referred to as "Sellers"). 1. Background The Sellers are the owners of certain stocks and securities, hereby referred to as the "Assets", which consist of [descriptive details and quantities of the Assets]. 2. Purchase and Sale Under the terms and conditions set forth in this Agreement, the Buyer agrees to purchase and the Sellers agree to sell the Assets. 3. Purchase Price The total purchase price for the Assets shall be [amount in dollars] ("Purchase Price"). Buyer shall pay the Purchase Price in the following manner: [description of payment terms, installments, or any other relevant payment structure]. 4. Closing The closing of this transaction shall take place on [date] at a mutually agreed upon location. At the closing, the Sellers shall deliver the necessary documents to transfer ownership of the Assets to the Buyer. 5. Representations and Warranties Both the Buyer and Sellers represent and warrant that they have the legal capacity and authority to enter into this Agreement. Sellers further represent and warrant that they are the legal owners of the Assets and have the right to sell them. 6. Governing Law and Jurisdiction This Agreement shall be governed by and construed in accordance with the laws of the state of North Carolina. In the event of any legal dispute arising out of or in connection with this Agreement, the parties agree to exclusive jurisdiction and venue in Mecklenburg County. 7. Entire Agreement This Agreement constitutes the entire agreement between the parties, supersedes any prior understandings or agreements, and cannot be modified except in writing signed by both parties. In conclusion, a purchase agreement is a legally binding contract that outlines the terms and conditions of a purchase transaction between two or more parties. In Mecklenburg County, North Carolina, such agreements can be entered into between companies like Cell Pathways, Inc., MAS Funds Small Cap Value Portfolio, and Van Kampen American Value Fund for the exchange of assets, stocks, or securities. The provided sample purchase agreement highlights the essential components typically found in such a contract.
Mecklenburg County, North Carolina is a vibrant and rapidly growing region located in the Piedmont region of the state. This county is home to the city of Charlotte, the largest city in North Carolina and a major economic hub in the Southeastern United States. Mecklenburg County boasts a diverse population, a thriving business community, and a plethora of cultural, recreational, and educational opportunities. Within Mecklenburg County, there are various types of purchase agreements that may occur between different entities such as Cell Pathways, Inc., MAS Funds Small Cap Value Portfolio, and Van Kampen American Value Fund. These purchase agreements can involve the acquisition of assets, stocks, securities, or other financial instruments. Let's dive into a sample purchase agreement to get a better understanding. Sample Purchase Agreement This Purchase Agreement ("Agreement") is entered into as of [Date] by and between Cell Pathways, Inc. ("Buyer") and MAS Funds Small Cap Value Portfolio and Van Kampen American Value Fund (collectively referred to as "Sellers"). 1. Background The Sellers are the owners of certain stocks and securities, hereby referred to as the "Assets", which consist of [descriptive details and quantities of the Assets]. 2. Purchase and Sale Under the terms and conditions set forth in this Agreement, the Buyer agrees to purchase and the Sellers agree to sell the Assets. 3. Purchase Price The total purchase price for the Assets shall be [amount in dollars] ("Purchase Price"). Buyer shall pay the Purchase Price in the following manner: [description of payment terms, installments, or any other relevant payment structure]. 4. Closing The closing of this transaction shall take place on [date] at a mutually agreed upon location. At the closing, the Sellers shall deliver the necessary documents to transfer ownership of the Assets to the Buyer. 5. Representations and Warranties Both the Buyer and Sellers represent and warrant that they have the legal capacity and authority to enter into this Agreement. Sellers further represent and warrant that they are the legal owners of the Assets and have the right to sell them. 6. Governing Law and Jurisdiction This Agreement shall be governed by and construed in accordance with the laws of the state of North Carolina. In the event of any legal dispute arising out of or in connection with this Agreement, the parties agree to exclusive jurisdiction and venue in Mecklenburg County. 7. Entire Agreement This Agreement constitutes the entire agreement between the parties, supersedes any prior understandings or agreements, and cannot be modified except in writing signed by both parties. In conclusion, a purchase agreement is a legally binding contract that outlines the terms and conditions of a purchase transaction between two or more parties. In Mecklenburg County, North Carolina, such agreements can be entered into between companies like Cell Pathways, Inc., MAS Funds Small Cap Value Portfolio, and Van Kampen American Value Fund for the exchange of assets, stocks, or securities. The provided sample purchase agreement highlights the essential components typically found in such a contract.