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.
A Delaware Sample Purchase Agreement is a legally binding document that outlines the terms and conditions of a purchase transaction between Cell Pathways, Inc., the seller, and MAS Funds Small Cap Value Portfolio and Van Kampen American Value Fund, the buyers. This agreement serves as a written record of the agreement reached between the parties involved and ensures clarity and protection for both parties involved in the transaction. The Delaware Sample Purchase Agreement for this particular transaction includes various key components to ensure a comprehensive understanding of the terms. It starts with an introductory section that declares the intent of the agreement and identifies the parties involved, namely Cell Pathways, Inc., MAS Funds Small Cap Value Portfolio, and Van Kampen American Value Fund. The agreement then proceeds to define the specific terms of the purchase, including the purchase price, payment method, and any additional terms agreed upon by the parties. This section may also include provisions for any potential adjustments to the purchase price, such as working capital adjustments or escrow arrangements. Next, the agreement outlines the representations and warranties made by Cell Pathways, Inc. to the buyers. These representations and warranties generally cover the company's legal and financial standing, the absence of undisclosed liabilities, the accuracy of financial statements, and any intellectual property rights owned or licensed by the company. The Delaware Sample Purchase Agreement also typically addresses the conditions precedent to the completion of the transaction. These conditions may include obtaining necessary regulatory approvals, third-party consents, or corporate authorizations. Furthermore, the agreement typically includes provisions related to indemnification, which outline the parties' responsibilities in the event of any breaches of representation, warranties, or covenants. It specifies the indemnification obligations, procedures for making claims, and limitations on liability. It is important to note that there may be different types of Delaware Sample Purchase Agreements depending on the nature of the transaction or the specific needs of the parties involved. For example, there may be variations in the structure of the purchase price, the allocations of risks and liabilities, or the specific indemnification provisions. However, these details are specific to individual agreements and may differ from one agreement to another. In conclusion, a Delaware Sample Purchase Agreement is a crucial legal document that governs the terms of a purchase transaction between Cell Pathways, Inc. and MAS Funds Small Cap Value Portfolio and Van Kampen American Value Fund. The content of the agreement includes various key components such as the purchase price, representations and warranties, conditions precedent, and indemnification provisions.
A Delaware Sample Purchase Agreement is a legally binding document that outlines the terms and conditions of a purchase transaction between Cell Pathways, Inc., the seller, and MAS Funds Small Cap Value Portfolio and Van Kampen American Value Fund, the buyers. This agreement serves as a written record of the agreement reached between the parties involved and ensures clarity and protection for both parties involved in the transaction. The Delaware Sample Purchase Agreement for this particular transaction includes various key components to ensure a comprehensive understanding of the terms. It starts with an introductory section that declares the intent of the agreement and identifies the parties involved, namely Cell Pathways, Inc., MAS Funds Small Cap Value Portfolio, and Van Kampen American Value Fund. The agreement then proceeds to define the specific terms of the purchase, including the purchase price, payment method, and any additional terms agreed upon by the parties. This section may also include provisions for any potential adjustments to the purchase price, such as working capital adjustments or escrow arrangements. Next, the agreement outlines the representations and warranties made by Cell Pathways, Inc. to the buyers. These representations and warranties generally cover the company's legal and financial standing, the absence of undisclosed liabilities, the accuracy of financial statements, and any intellectual property rights owned or licensed by the company. The Delaware Sample Purchase Agreement also typically addresses the conditions precedent to the completion of the transaction. These conditions may include obtaining necessary regulatory approvals, third-party consents, or corporate authorizations. Furthermore, the agreement typically includes provisions related to indemnification, which outline the parties' responsibilities in the event of any breaches of representation, warranties, or covenants. It specifies the indemnification obligations, procedures for making claims, and limitations on liability. It is important to note that there may be different types of Delaware Sample Purchase Agreements depending on the nature of the transaction or the specific needs of the parties involved. For example, there may be variations in the structure of the purchase price, the allocations of risks and liabilities, or the specific indemnification provisions. However, these details are specific to individual agreements and may differ from one agreement to another. In conclusion, a Delaware Sample Purchase Agreement is a crucial legal document that governs the terms of a purchase transaction between Cell Pathways, Inc. and MAS Funds Small Cap Value Portfolio and Van Kampen American Value Fund. The content of the agreement includes various key components such as the purchase price, representations and warranties, conditions precedent, and indemnification provisions.