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.
San Diego, California is a vibrant city located on the Pacific Coast of the United States. Known for its beautiful beaches, mild climate, and strong economy, San Diego offers a plethora of opportunities for residents and businesses alike. The Sample Asset Purchase Agreement between Orthogonal Pharmaceutical, Inc. and Cygnus, Inc. is a legal document outlining the terms and conditions for the sale and purchase of assets of the company. This agreement serves as a binding agreement between both parties involved, ensuring a smooth and transparent transaction. Key elements covered in the San Diego California Sample Asset Purchase Agreement include but are not limited to: 1. Parties Involved: This section identifies the buyer (Orthogonal Pharmaceutical, Inc.) and the seller (Cygnus, Inc.) as the primary parties entering into the agreement. 2. Definition of Assets: A comprehensive list of assets, such as intellectual property, equipment, real estate, contracts, licenses, inventory, and goodwill, will be detailed in this section. 3. Purchase Price: The agreed-upon purchase price for the assets will be clearly stated. This section may also outline any payment terms, including installments or contingencies. 4. Representations and Warranties: Both parties will provide assurances that the information provided regarding the assets is accurate and complete. This section helps protect the buyer from any hidden liabilities or risks associated with the purchase. 5. Closing and Transfer: Details regarding the closing date and the transfer of assets will be outlined in this section. This may include specific provisions for the delivery of assets, title transfer, and any required regulatory approvals. 6. Indemnification: This section specifies the extent to which the seller (Cygnus, Inc.) will be held responsible for any claims, damages, or liabilities arising from the assets prior to the closing date. 7. Governing Law and Dispute Resolution: The agreement will specify the applicable laws governing the transaction and any procedures for resolving disputes or disagreements between the parties. There may be variations or modifications to the San Diego California Sample Asset Purchase Agreement based on specific needs or circumstances. These variations may include agreements tailored for different industries, asset types, or regulatory requirements. However, the core structure and content of the agreement generally remain consistent.
San Diego, California is a vibrant city located on the Pacific Coast of the United States. Known for its beautiful beaches, mild climate, and strong economy, San Diego offers a plethora of opportunities for residents and businesses alike. The Sample Asset Purchase Agreement between Orthogonal Pharmaceutical, Inc. and Cygnus, Inc. is a legal document outlining the terms and conditions for the sale and purchase of assets of the company. This agreement serves as a binding agreement between both parties involved, ensuring a smooth and transparent transaction. Key elements covered in the San Diego California Sample Asset Purchase Agreement include but are not limited to: 1. Parties Involved: This section identifies the buyer (Orthogonal Pharmaceutical, Inc.) and the seller (Cygnus, Inc.) as the primary parties entering into the agreement. 2. Definition of Assets: A comprehensive list of assets, such as intellectual property, equipment, real estate, contracts, licenses, inventory, and goodwill, will be detailed in this section. 3. Purchase Price: The agreed-upon purchase price for the assets will be clearly stated. This section may also outline any payment terms, including installments or contingencies. 4. Representations and Warranties: Both parties will provide assurances that the information provided regarding the assets is accurate and complete. This section helps protect the buyer from any hidden liabilities or risks associated with the purchase. 5. Closing and Transfer: Details regarding the closing date and the transfer of assets will be outlined in this section. This may include specific provisions for the delivery of assets, title transfer, and any required regulatory approvals. 6. Indemnification: This section specifies the extent to which the seller (Cygnus, Inc.) will be held responsible for any claims, damages, or liabilities arising from the assets prior to the closing date. 7. Governing Law and Dispute Resolution: The agreement will specify the applicable laws governing the transaction and any procedures for resolving disputes or disagreements between the parties. There may be variations or modifications to the San Diego California Sample Asset Purchase Agreement based on specific needs or circumstances. These variations may include agreements tailored for different industries, asset types, or regulatory requirements. However, the core structure and content of the agreement generally remain consistent.