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Agmt12 Badawi & Associates
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Agmt12 Badawi & Associates
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Last modified
9/10/2012 11:40:55 AM
Creation date
6/19/2012 5:13:11 PM
Metadata
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Template:
Agreement
Contractor Name
Badawi & Associates
PROJECT NAME
Consent to Assignment Agreement
RMP File Number
304
Date
6/19/2012
Reso Ref
15197
MO Ref
12-069
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I <br /> j (a) Accuracy of Seller's Representations and Warranties. Except as <br /> ; otherwise permitted by this Agreement, all representations and warranties by Seller in this <br /> ' Agreement or in any written statement that shall be delivered to Buyer by any of them under this <br /> Agreement shall be true on and as of the Effective Date as though made at that time. <br /> (b) Seller's Performance. Seller shall have performed, satisfied, and <br /> , complied to�the best of its abilities with all covenants, agreements, and conditions required by . <br /> � this Agreement to be performed or complied with by Seller, on or before the Effective Date. <br /> ' (c) Seller's Cor�orate A�proval. The execution; delivery and <br /> performance of this Agreement by each Seller and the consummation of the transactions <br /> i contemplated by this Agreement have been duly authorized by all necessary corporate action on <br /> '; the part of each Seller. Each Seller will provide Buyer with a copy of the resolution of Seller's <br /> ; partners or board of directors, as applicable, approving the transaction contemplated by this <br /> i Agreement on the tenns and conditions stated herein. <br /> (d) No Material Adverse Chan�e. During the period from the date of <br /> this Agreement to the Effective Date,there shall not have been any material adverse change with <br /> respect to the Accounts and Seller shall not have sustained any material loss or damage to the <br /> Assets, whether or not insured, tliat materially affects its ability to conduct a material part of its <br /> business with regard to the Accounts. <br /> (e) Employee Information. Seller shall have provided Buyer with a <br /> i, complete and accurate list through the Effective Date of the following information far each of <br /> I, the Transferred Employees: (i) full legal name; (ii)job title; and (iii) current compensation rate. <br /> , Buyer shall have approved Seller's Confidential Information Agreement with the Transferred <br /> Employees to the Buyer in writing, or Seller shall have provided Buyer with a signed <br /> � Confidential Infarmation Agreement in a form reasonably acceptable to Buyer for each of the <br /> Transferred Employees. <br /> , 3.2 Conditions Precedent to Seller's Performance. The obligations of <br /> ' Seller to sell and transfer the Assets under this Agreement are subject to the satisfaction, at or <br /> before the Closing, of all the following conditions: <br /> j (a) Accuracy of Buyer's Representations and Warranties: All <br /> ' representations and warranties by Buyer contained in this Agreement or in anywritten statement <br /> ' delivered by Buyer under this Agreement shall be true on and as of the Effective Date as though <br /> such representations and warranties were made on and as of that date. <br /> (b) Buyer's Performance. Buyer shall have performed and complied <br /> with all covenants and agreements, and satisfied all conditions that they are required by this <br /> ', Agreement to perform, comply with, or satisfy, before or at the Closing. <br /> I <br /> �I <br /> 5 <br /> I <br />
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