Los Angeles California Acquisition Agreement between GO Online Networks Corp and Westlake Capital Corp regarding purchase and sale of company shares

• Category: Corporations - Public - Acquisitions
• State: Multi-State
• County: Los Angeles
• Control #: US-EG-9518
• Format: Word; Rich Text

Description

Acquisition Agreement between GO Online Networks Corporation and Westlake Capital Corporation regarding purchase and sell of company shares dated January 10, 2000. 18 pages. Title: Los Angeles California Acquisition Agreement: GO Online Networks Corp and Westlake Capital Corp Share Purchase and Sale Introduction: In Los Angeles, California, the Acquisition Agreement between GO Online Networks Corp and Westlake Capital Corp facilitates the purchase and sale of company shares. This comprehensive agreement outlines the terms, conditions, and obligations that both parties agree to abide by during the transaction. With the goal of providing a detailed description, this document will delve into the key aspects and possible types of Acquisition Agreements between the two entities. Keywords: Los Angeles, California, Acquisition Agreement, GO Online Networks Corp, Westlake Capital Corp, purchase, sale, company shares I. Purpose and Scope of the Acquisition Agreement: The Acquisition Agreement is a legally binding contract that governs the purchase and sale of shares between GO Online Networks Corp and Westlake Capital Corp. This agreement stipulates the terms and conditions, as well as the rights and responsibilities of both parties involved. II. Key Provisions: 1. Purchase and Sale of Shares: The agreement outlines the quantity, valuation, and pricing of the company shares to be acquired by the buyer (Westlake Capital Corp) from the seller (GO Online Networks Corp). 2. Payment Terms: The agreed-upon payment structure, including the payment method, installment plans, and conditions for full payment, will be specified in this section. 3. Representations and Warranties: Both parties explicitly state that they have the authority to enter into the agreement, and that the shares being sold are free from any encumbrances or third-party claims. 4. Closing Conditions: The agreement will define the conditions that must be fulfilled before the transaction can be concluded, such as obtaining necessary approvals, satisfactory due diligence, and compliance with regulatory requirements. 5. Confidentiality and Non-Disclosure: Both parties will commit to maintaining the confidentiality of any proprietary information obtained during the negotiation and execution of the Acquisition Agreement. 6. Indemnification: Provisions will be included to address potential breaches of representations, warranties, or covenants, lifting liability between the parties in case of any determined third-party claims. III. Types of Los Angeles California Acquisition Agreements: While the specific types of Acquisition Agreements may vary depending on the companies involved and their unique circumstances, some common variations include: 1. Asset Purchase Agreement: In this scenario, Westlake Capital Corp predominantly acquires specific assets or divisions of GO Online Networks Corp, rather than its entire entity. 2. Stock Purchase Agreement: A Stock Purchase Agreement involves Westlake Capital Corp acquiring a specified number of shares of GO Online Networks Corp's stock, granting them ownership and control over the company. 3. Merger or Consolidation Agreement: In cases where both entities decide to consolidate or merge, this agreement outlines the terms and conditions, along with procedural aspects of the merger, such as voting rights and share conversion. Conclusion: The Los Angeles California Acquisition Agreement between GO Online Networks Corp and Westlake Capital Corp for the purchase and sale of company shares is a crucial legal document that ensures both parties navigate the transaction with clarity and transparency. By clearly defining the terms, conditions, and obligations, this agreement protects the interests of both GO Online Networks Corp and Westlake Capital Corp, facilitating a smooth and successful acquisition process.

Title: Los Angeles California Acquisition Agreement: GO Online Networks Corp and Westlake Capital Corp Share Purchase and Sale Introduction: In Los Angeles, California, the Acquisition Agreement between GO Online Networks Corp and Westlake Capital Corp facilitates the purchase and sale of company shares. This comprehensive agreement outlines the terms, conditions, and obligations that both parties agree to abide by during the transaction. With the goal of providing a detailed description, this document will delve into the key aspects and possible types of Acquisition Agreements between the two entities. Keywords: Los Angeles, California, Acquisition Agreement, GO Online Networks Corp, Westlake Capital Corp, purchase, sale, company shares I. Purpose and Scope of the Acquisition Agreement: The Acquisition Agreement is a legally binding contract that governs the purchase and sale of shares between GO Online Networks Corp and Westlake Capital Corp. This agreement stipulates the terms and conditions, as well as the rights and responsibilities of both parties involved. II. Key Provisions: 1. Purchase and Sale of Shares: The agreement outlines the quantity, valuation, and pricing of the company shares to be acquired by the buyer (Westlake Capital Corp) from the seller (GO Online Networks Corp). 2. Payment Terms: The agreed-upon payment structure, including the payment method, installment plans, and conditions for full payment, will be specified in this section. 3. Representations and Warranties: Both parties explicitly state that they have the authority to enter into the agreement, and that the shares being sold are free from any encumbrances or third-party claims. 4. Closing Conditions: The agreement will define the conditions that must be fulfilled before the transaction can be concluded, such as obtaining necessary approvals, satisfactory due diligence, and compliance with regulatory requirements. 5. Confidentiality and Non-Disclosure: Both parties will commit to maintaining the confidentiality of any proprietary information obtained during the negotiation and execution of the Acquisition Agreement. 6. Indemnification: Provisions will be included to address potential breaches of representations, warranties, or covenants, lifting liability between the parties in case of any determined third-party claims. III. Types of Los Angeles California Acquisition Agreements: While the specific types of Acquisition Agreements may vary depending on the companies involved and their unique circumstances, some common variations include: 1. Asset Purchase Agreement: In this scenario, Westlake Capital Corp predominantly acquires specific assets or divisions of GO Online Networks Corp, rather than its entire entity. 2. Stock Purchase Agreement: A Stock Purchase Agreement involves Westlake Capital Corp acquiring a specified number of shares of GO Online Networks Corp's stock, granting them ownership and control over the company. 3. Merger or Consolidation Agreement: In cases where both entities decide to consolidate or merge, this agreement outlines the terms and conditions, along with procedural aspects of the merger, such as voting rights and share conversion. Conclusion: The Los Angeles California Acquisition Agreement between GO Online Networks Corp and Westlake Capital Corp for the purchase and sale of company shares is a crucial legal document that ensures both parties navigate the transaction with clarity and transparency. By clearly defining the terms, conditions, and obligations, this agreement protects the interests of both GO Online Networks Corp and Westlake Capital Corp, facilitating a smooth and successful acquisition process.