Massachusetts Sample Purchase Agreement between Simula, Inc., and its subsidiaries and Levine Leichtman Capital Partners II, LP regarding sale and issuance of secured senior notes

• Category: Corporations - Public - Purchase
• State: Multi-State
• Control #: US-EG-9301
• Format: Word; Rich Text

Description

Securities Purchase Agreement between Simula, Inc., certain subsidiaries of Simula, Inc. and Levine Leichtman Capital Partners II, LP regarding the sale and issuance of secured senior notes dated December 31, 1999. 108 pages. Massachusetts Sample Purchase Agreement between Similar, Inc., and its subsidiaries and Levine Eastman Capital Partners II, LP This Sample Purchase Agreement outlines the terms and conditions pertaining to the sale and issuance of secured senior notes between Similar, Inc., and its subsidiaries and Levine Eastman Capital Partners II, LP. The agreement governs the process of the sale, purchase, and transfer of the secured senior notes, establishing the rights and obligations of both parties involved. The Massachusetts Sample Purchase Agreement includes the following key provisions: 1. Parties Involved: The agreement identifies Similar, Inc., and its subsidiaries as the issuers of the secured senior notes and Levine Eastman Capital Partners II, LP as the purchaser. 2. Definitions: The agreement provides clear definitions of terms used throughout the document, ensuring a common understanding between the parties. 3. Consideration and Purchase Price: The purchase price for the secured senior notes is outlined, including any adjustments or conditions agreed upon by both parties. 4. Representations and Warranties: Both Similar, Inc., and Levine Eastman Capital Partners II, LP provide assurances regarding their authority, capability, and legal compliance to enter into this agreement. 5. Conditions Precedent: Specifies the conditions that must be fulfilled before the completion of the sale, such as regulatory approvals, third-party consents, or other necessary actions. 6. Delivery of the Notes: The agreement details the manner and timing of the delivery of the secured senior notes and associated documentation. 7. Security Interests: Addresses the creation and perfection of security interests, as well as the priority of such interests in favor of Levine Eastman Capital Partners II, LP. 8. Covenants: Sets forth the obligations and restrictions of Similar, Inc., and its subsidiaries, such as limitations on incurring additional debt or selling assets without consent. 9. Events of Default: Outlines the circumstances that could trigger default under the agreement, covering bankruptcy, non-payment, breach of representations, or breaches of covenants. 10. Remedies: Specifies the remedies available to Levine Eastman Capital Partners II, LP in the event of default or breach of the agreement, including acceleration of payment or recourse to collateral. 11. Governing Law and Jurisdiction: Determines that the agreement shall be governed by and construed under the laws of the Commonwealth of Massachusetts, and any disputes will be subject to the exclusive jurisdiction of Massachusetts courts. Additional types of Massachusetts Sample Purchase Agreements between Similar, Inc., and its subsidiaries and Levine Eastman Capital Partners II, LP that may exist regarding the sale and issuance of secured senior notes could include variations specific to different industries, such as technology or healthcare. These agreements may include industry-specific terms and conditions, customized provisions, or special considerations related to the nature of the business.

Massachusetts Sample Purchase Agreement between Similar, Inc., and its subsidiaries and Levine Eastman Capital Partners II, LP This Sample Purchase Agreement outlines the terms and conditions pertaining to the sale and issuance of secured senior notes between Similar, Inc., and its subsidiaries and Levine Eastman Capital Partners II, LP. The agreement governs the process of the sale, purchase, and transfer of the secured senior notes, establishing the rights and obligations of both parties involved. The Massachusetts Sample Purchase Agreement includes the following key provisions: 1. Parties Involved: The agreement identifies Similar, Inc., and its subsidiaries as the issuers of the secured senior notes and Levine Eastman Capital Partners II, LP as the purchaser. 2. Definitions: The agreement provides clear definitions of terms used throughout the document, ensuring a common understanding between the parties. 3. Consideration and Purchase Price: The purchase price for the secured senior notes is outlined, including any adjustments or conditions agreed upon by both parties. 4. Representations and Warranties: Both Similar, Inc., and Levine Eastman Capital Partners II, LP provide assurances regarding their authority, capability, and legal compliance to enter into this agreement. 5. Conditions Precedent: Specifies the conditions that must be fulfilled before the completion of the sale, such as regulatory approvals, third-party consents, or other necessary actions. 6. Delivery of the Notes: The agreement details the manner and timing of the delivery of the secured senior notes and associated documentation. 7. Security Interests: Addresses the creation and perfection of security interests, as well as the priority of such interests in favor of Levine Eastman Capital Partners II, LP. 8. Covenants: Sets forth the obligations and restrictions of Similar, Inc., and its subsidiaries, such as limitations on incurring additional debt or selling assets without consent. 9. Events of Default: Outlines the circumstances that could trigger default under the agreement, covering bankruptcy, non-payment, breach of representations, or breaches of covenants. 10. Remedies: Specifies the remedies available to Levine Eastman Capital Partners II, LP in the event of default or breach of the agreement, including acceleration of payment or recourse to collateral. 11. Governing Law and Jurisdiction: Determines that the agreement shall be governed by and construed under the laws of the Commonwealth of Massachusetts, and any disputes will be subject to the exclusive jurisdiction of Massachusetts courts. Additional types of Massachusetts Sample Purchase Agreements between Similar, Inc., and its subsidiaries and Levine Eastman Capital Partners II, LP that may exist regarding the sale and issuance of secured senior notes could include variations specific to different industries, such as technology or healthcare. These agreements may include industry-specific terms and conditions, customized provisions, or special considerations related to the nature of the business.