Closing Closing Conditions Closing Deliveries. 11 Section 2.1 Time and Place of Closing 11 Section 2.2 Conditions to Closing Obligations of the Company 12 Section 2.3 Conditions to Closing Obligations of Purchaser 12 Section 2.4 Closing Deliveries of the Company 15 Section 2.5 Closing Deliveries of Purchaser 16 ARTICLE III REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY 17 Section 3.1 Organization/Governing Documents 17 Section 3.2 Power and Authority 17 Section 3.3 Subsidiaries 18 Section 3.4 Enforceability 18 Section 3.5 Consents 18 Section 3.6 No Conflicts 18 Section 3.7 Financial Statements 19 Section 3.8 Undisclosed Liabilities 20 Section 3.9 Title to Assets 20 Section 3.10 Condition of Assets/Tangible Assets 20 Table of Contents (continued) Page Section 3.11 Inventory 21 Section 3.12 Receivables 21 Section 3.13 Product Liability/Warranty 21 Section 3.14 Insurance 21 Section 3.15 Permits 21 Section 3.16 Conduct of Business 22 Section 3.17 Contracts 22 Section 3.18 Employees 23 Section 3.19 Employee Benefits 24 Section 3.20 Real Estate 25 Section 3.21 Seller Intellectual Property 26 Section 3.22 Taxes 29 Section 3.23 Litigation 30 Section 3.24 Compliance with Laws 30 Section 3.25 Business Continuity 31 Section 3.26 Certain Business Practices 31 Section 3.27 Brokers 31 Section 3.28 Complete Disclosure 31 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF PURCHASER 31 Section 4.1 Organization 31 Section 4.2 Power and Authority 31 Section 4.3 Enforceability 32 Section 4.4 Consents 32 Section 4.5 No Conflicts 32 Section 4.6 Financing 32 ARTICLE V PRE-CLOSING COVENANTS 32 Section 5.1 Further Actions 32 Section 5.2 Operation of the Business 33 Section 5.3 Negative Covenants 34 Section 5.4 Access Rights 35 Section 5.5 Notifications; Disclosure Updates 36 Table of Contents (continued) Page Section 5.6 Intentionally Omitted 37 Section 5.7 Bulk Sales Laws 37 Section 5.8 Competing Transaction 37 Section 5.9 Employee Matters 38 Section 5.10 Bankruptcy and Insolvency Matters 40 ARTICLE VI TERMINATION 41 Section 6.1 Termination Events 41 Section 6.2 Effect of Termination 43 Section 6.3 Break-Up Fee; Expense Reimbursement 43 ARTICLE VII ADDITIONAL COVENANTS AND AGREEMENTS 43 Section 7.1 Further Assurances 43 Section 7.2 Books and Records 43 Section 7.3 Litigation Support 44 Section 7.4 Transition 44 Section 7.5 Payment of Transaction Taxes and Fees 44 Section 7.6 Payments of Receivables 45 Section 7.7 Confidentiality 45 Section 7.8 Post-Closing Consents 46 Section 7.9 Post-Closing Assumption and Rejection of Contr...
Closing Closing Conditions Closing Deliveries
