Hennepin Minnesota Sample Asset Purchase Agreement between Orth-McNeil Pharmaceutical, Inc. and Cygnus, Inc. regarding the sale and purchase of assets of company - Sample

• Category: Corporations - Public - Asset Purchase - Samples
• State: Multi-State
• County: Hennepin
• Control #: US-EG-9367
• Format: Word; Rich Text

Description

Asset Purchase Agreement between Orth-McNeil Pharmaceutical, Inc. and Cygnus, Inc. regarding the sale and purchase of assets of company dated November 17, 1999. 39 pages. Hennepin County is a county located in the state of Minnesota, United States. It is the most populous county in the state, with Minneapolis being its county seat. The county is known for its vibrant culture, diverse communities, and numerous recreational opportunities. Among the many industries that thrive in Hennepin County, the pharmaceutical sector holds a significant presence. Orthogonal Pharmaceutical, Inc. and Cygnus, Inc. are two prominent companies that have entered into an asset purchase agreement, which involves the sale and purchase of certain assets of a company. This Sample Asset Purchase Agreement outlines the terms and conditions between Orthogonal Pharmaceutical, Inc. (referred to as the "Buyer") and Cygnus, Inc. (referred to as the "Seller") regarding the sale and transfer of specific assets from the Seller's company, as agreed upon by both parties. Key aspects covered in this agreement might include: 1. Purchase Price: The agreed-upon amount that the Buyer will pay to the Seller for the assets being acquired. 2. Assets Included: A comprehensive list of assets included in the purchase, such as intellectual property rights, equipment, inventory, customer contracts, and any other relevant assets. 3. Excluded Assets: Any assets or liabilities that are explicitly excluded from the purchase and will remain with the Seller. 4. Representations and Warranties: Statements made by both parties regarding the accuracy of the information provided, the validity of the assets being transferred, and any other relevant legal obligations. 5. Conditions Precedent: Conditions that must be satisfied before the agreement can be finalized, such as obtaining necessary regulatory approvals, third-party consents, or financing arrangements. 6. Closing and Transfer of Assets: The timeline and process for the completion of the sale, including any necessary documentation, payment procedures, and the point at which the assets are officially transferred. It is important to note that this description focuses on a hypothetical "Sample Asset Purchase Agreement" between Orthogonal Pharmaceutical, Inc. and Cygnus, Inc. As such, the specifics may vary depending on the actual details of the agreement. Different types of Hennepin Minnesota Sample Asset Purchase Agreements between these parties may exist, each tailored to the unique circumstances of the transaction, such as asset types, monetary values, and legal considerations.

Hennepin County is a county located in the state of Minnesota, United States. It is the most populous county in the state, with Minneapolis being its county seat. The county is known for its vibrant culture, diverse communities, and numerous recreational opportunities. Among the many industries that thrive in Hennepin County, the pharmaceutical sector holds a significant presence. Orthogonal Pharmaceutical, Inc. and Cygnus, Inc. are two prominent companies that have entered into an asset purchase agreement, which involves the sale and purchase of certain assets of a company. This Sample Asset Purchase Agreement outlines the terms and conditions between Orthogonal Pharmaceutical, Inc. (referred to as the "Buyer") and Cygnus, Inc. (referred to as the "Seller") regarding the sale and transfer of specific assets from the Seller's company, as agreed upon by both parties. Key aspects covered in this agreement might include: 1. Purchase Price: The agreed-upon amount that the Buyer will pay to the Seller for the assets being acquired. 2. Assets Included: A comprehensive list of assets included in the purchase, such as intellectual property rights, equipment, inventory, customer contracts, and any other relevant assets. 3. Excluded Assets: Any assets or liabilities that are explicitly excluded from the purchase and will remain with the Seller. 4. Representations and Warranties: Statements made by both parties regarding the accuracy of the information provided, the validity of the assets being transferred, and any other relevant legal obligations. 5. Conditions Precedent: Conditions that must be satisfied before the agreement can be finalized, such as obtaining necessary regulatory approvals, third-party consents, or financing arrangements. 6. Closing and Transfer of Assets: The timeline and process for the completion of the sale, including any necessary documentation, payment procedures, and the point at which the assets are officially transferred. It is important to note that this description focuses on a hypothetical "Sample Asset Purchase Agreement" between Orthogonal Pharmaceutical, Inc. and Cygnus, Inc. As such, the specifics may vary depending on the actual details of the agreement. Different types of Hennepin Minnesota Sample Asset Purchase Agreements between these parties may exist, each tailored to the unique circumstances of the transaction, such as asset types, monetary values, and legal considerations.