Certain Understandings and Agreements of the Parties. 24 Section 7.1 Confidentiality.......................................................................24 Section 7.2 Further Assurances....................................................................24 Section 7.3
Certain Understandings and Agreements of the Parties. 13 Section 6.1 Pre-Closing Covenants 13 Section 6.2 Xxxxxxxx Agreement 14 Section 6.3 CEC Agreements 14 Section 6.4 Further Assurances 14 Section 6.5 Expenses and Fees 15 TABLE OF CONTENTS (cont’d) Page
Certain Understandings and Agreements of the Parties. Pre-Closing Covenants.
Certain Understandings and Agreements of the Parties. 20 SECTION 7.1 Employees ................................................ 20 SECTION 7.2 Taxes .................................................... 21 SECTION 7.3 Consents ................................................. 21 SECTION 7.4 Title .................................................... 21 SECTION 7.5 Surveys .................................................. 22 SECTION 7.6 Environmental Due Dilegence .............................. 23 SECTION 7.7
Certain Understandings and Agreements of the Parties. 14 5.1 Reasonable Efforts; Further Assurances 14 5.2 Employment Matters 14 5.3 Consents 17
Certain Understandings and Agreements of the Parties. 5.1 Reasonable Efforts; Further Assurances Each party shall use its reasonable efforts to take or cause to be taken all actions necessary, proper or advisable to fulfill and perform its obligations in respect of this Agreement, or otherwise to consummate and make effective the transactions contemplated hereby and to cause its respective conditions set forth in Sections 6.1, 6.2 and 6.3 to be satisfied. From time to time after the Closing, each party shall execute and deliver any documents and take any other actions that the other party reasonably requests to confirm or effectuate the consummation of the transactions contemplated by this Agreement.
Certain Understandings and Agreements of the Parties. 7.1 and 7.2 Intentionally left blank.
Certain Understandings and Agreements of the Parties. 6.1. ACCESS; ENVIRONMENTAL CLEAN-UP.
Certain Understandings and Agreements of the Parties. 5.1 Access: Due Diligence.
Certain Understandings and Agreements of the Parties. 13 Section 6.1 Pre-Closing Covenants 13 i TABLE OF CONTENTS (cont’d.) Page Section 6.2 Wxxxxxxx Agreement 14 Section 6.3 CEC Agreements 14 Section 6.4 Further Assurances 14 Section 6.5 Expenses and Fees 15 Section 6.6 Public Statements 15 Section 6.7 Tax Covenants 15 Section 6.8 Mutual Releases 16 Section 6.9 Non-competition 16 Section 6.10 Conduct of Business by Seller after Closing 17 Section 6.11 Specific Performance 18 Section 6.12 Intellectual Property 18 Section 6.13 Confidentiality 18 Article 7 CONDITIONS TO CLOSING; TERMINATION 19 Section 7.1 Conditions to Obligation of the Purchaser 19 Section 7.2 Conditions to Obligations of the Seller 20 Section 7.3 Other Agreements 20 Section 7.4 Termination 21 Section 7.5 Effect of Termination 21 Article 8 INDEMNIFICATION 21 Section 8.1 The Seller’s Indemnity Obligations 21 Section 8.2 Purchaser’s Indemnity Obligations 22 Section 8.3 Indemnification Procedures 23 Section 8.4 Limitations on Defense to the Claims of the Purchaser 24 Section 8.5 Limitation of Liability 24 Section 8.6 Remedies Exclusive 25 Article 9 GENERAL PROVISIONS 25 Section 9.1 Survival 25 Section 9.2 Notices 26 Section 9.3 Interpretation 26 Section 9.4 Miscellaneous 27 ii TABLE OF CONTENTS (cont’d.) Page Section 9.5 Governing Law 27 Section 9.6 Process and Venue 27 Section 9.7 Disclosure Schedules 27 Section 9.8 Independent Obligations 27 Section 9.9 Attorney’s Fees 27 Section 9.10 Amendment 28 Section 9.11 Counterparts 28 Section 9.12 Parties in Interest 28 Section 9.13 Validity 28 ASSET PURCHASE AGREEMENT THIS ASSET PURCHASE AGREEMENT, dated as of June 30, 2006 (this “Agreement”), is by and among KAWASAKI HEAVY INDUSTRIES, LTD., a Japanese corporation (the “Purchaser”) and CATALYTICA ENERGY SYSTEMS, INC., a Delaware corporation (the “Seller”). KAWASAKI GAS TURBINES – AMERICAS, a division of KAWASAKI MOTORS CORP., U.S.A., a Delaware corporation (“KGT-A”) joins this Agreement for purposes of Section 6.8 only. The Purchaser and the Seller are each a “Party” and, collectively, they are sometimes referred to as the “Parties.”
