Completion Procedure. Upon Completion, all of the following actions will be performed: (i) UPC will pay Combivisie the Purchase Price in the manner described in Article 3.3 and UPC will prove to Combivisie's satisfaction that the Purchase Price has been transferred to the bank accounts referred to in Article 3.3 (a) or 3.3 (b), as the case may be. (ii) Combivisie and UPC will sign: (a) a deed of transfer of the Cable Network in the form of Appendix XIV to this Agreement; (b) notarial deeds of purchase and sale of the Immovable Property and registration of those deeds in the Land Registry; (c) a deed of assignment as referred to in Article 7.4 of this Agreement; (d) all other documents that are needed to effect the transfer of Assets and Liabilities involved in this purchase and sale. (iii) Combivisie will give or transfer to UPC: (a) in so far as available, written proof of the approval of the other parties whose Contracts will be transferred to UPC with due observance of the provisions of Article 5.1; (b) the signed accountant's statements referred to in Article 3.2 and 7.3; (c) written confirmation of the correctness of the representations and warranties set out in Appendix VII to this Agreement at the time of the Closing. (iv) UPC will provide Combivisie with: (a) written confirmation of the correctness of the representations and warranties set out in Appendix VIII to this Agreement at the time of the Closing.
Appears in 1 contract
Sources: Sales Agreement (United Pan Europe Communications Nv)
Completion Procedure. Upon Completion, all of the following actions will be performed:
(i) UPC will pay Combivisie the Purchase Price in the manner described in Article 3.3 and UPC will prove to Combivisie's satisfaction that the Purchase Price has been transferred to the bank accounts referred to in Article 3.3 (a) or 3.3 (b), as the case may be.
(ii) Combivisie and UPC will sign:
(a) a deed of transfer of the Cable Network in the form of Appendix XIV to this Agreement;
(b) notarial deeds of purchase and sale of the Immovable Property and registration of those deeds in the Land Registry;
(c) a deed of assignment as referred to in Article 7.4 of this Agreement;
(d) all other documents that are needed to effect the transfer of Assets and Liabilities involved in this purchase and sale.
(iii) Combivisie will give provide UPC with or transfer to UPC:
(a) in so far as available, written proof of the approval of the other parties whose Contracts will be transferred to UPC with due observance of the provisions of Article 5.1;
(b) the signed accountant's statements referred to in Article 3.2 and 7.3;
(c) written confirmation of the correctness of the representations and warranties set out in Appendix VII to this Agreement at the time of the Closing.
(iv) UPC will provide Combivisie with:
(a) written confirmation of the correctness of the representations and warranties set out in Appendix VIII to this Agreement at the time of the Closing.
Appears in 1 contract
Sources: Sales Agreement (United Pan Europe Communications Nv)