{"component": "clause", "props": {"groups": [{"size": 3, "snippet_links": [{"key": "to-lender", "type": "clause", "offset": [26, 35]}, {"key": "the-acquisition-documents", "type": "clause", "offset": [41, 66]}, {"key": "full-force-and-effect", "type": "definition", "offset": [74, 95]}, {"key": "the-closing", "type": "definition", "offset": [119, 130]}, {"key": "this-agreement", "type": "clause", "offset": [134, 148]}, {"key": "terms-of-the-acquisition", "type": "clause", "offset": [211, 235]}, {"key": "copies-of-the", "type": "clause", "offset": [262, 275]}, {"key": "seller-note", "type": "definition", "offset": [281, 292]}, {"key": "executed-copy", "type": "clause", "offset": [337, 350]}, {"key": "the-legal-opinion", "type": "clause", "offset": [354, 371]}, {"key": "the-target", "type": "clause", "offset": [415, 425]}, {"key": "form-and-substance", "type": "clause", "offset": [453, 471]}, {"key": "with-respect-to", "type": "clause", "offset": [500, 515]}, {"key": "addressed-to", "type": "clause", "offset": [558, 570]}, {"key": "reliance-letter", "type": "definition", "offset": [606, 621]}, {"key": "the-lenders", "type": "clause", "offset": [691, 702]}, {"key": "certificate-of-merger", "type": "definition", "offset": [811, 832]}, {"key": "state-of", "type": "clause", "offset": [855, 863]}, {"key": "consummation-of-the-merger", "type": "clause", "offset": [907, 933]}], "snippet": "(i) Evidence satisfactory to Lender that the Acquisition Documents are in full force and effect and, concurrently with the closing of this Agreement, the Initial Acquisition shall be consummated pursuant to the terms of the Acquisition Documents.\n(ii) Certified copies of the each Seller Note and each Acquisition Document.\n(iii) A duly executed copy of the legal opinion of \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 + \u2587\u2587\u2587\u2587\u2587\u2587 LLP, counsel for the Target, which opinion shall be in form and substance satisfactory to the Lender, with respect to the Initial Acquisition and is either (A) addressed to the Lender or (B) accompanied by a reliance letter from such counsel addressed to the Lender that expressly states that the Lenders may rely on such opinion.\n(iv) Evidence, in form and substance satisfactory to Lender, of the filing of the certificate of merger with the Secretary of State of the Sate of California with respect to the consummation of the merger.", "samples": [{"hash": "e1GXEWt0s8I", "uri": "/contracts/e1GXEWt0s8I#initial-acquisition", "label": "Loan and Security Agreement (Daegis Inc.)", "score": 22.5852165222, "published": true}, {"hash": "7gHs6lmzjvw", "uri": "/contracts/7gHs6lmzjvw#initial-acquisition", "label": "Loan and Security Agreement (Unify Corp)", "score": 22.295003891, "published": true}, {"hash": "iXV5Xo0vdAE", "uri": "/contracts/iXV5Xo0vdAE#initial-acquisition", "label": "Loan and Security Agreement (Unify Corp)", "score": 21.4955501556, "published": true}], "hash": "aaf73b8932364013140406ba1c1ceb79", "id": 1}, {"size": 3, "snippet_links": [{"key": "in-return", "type": "clause", "offset": [0, 9]}, {"key": "the-acquisition-consideration", "type": "clause", "offset": [14, 43]}, {"key": "with-respect-to", "type": "clause", "offset": [44, 59]}, {"key": "assets-transferred", "type": "clause", "offset": [64, 82]}, {"key": "the-closing-date", "type": "clause", "offset": [86, 102]}, {"key": "by-this-agreement", "type": "clause", "offset": [128, 145]}, {"key": "the-issuer", "type": "definition", "offset": [224, 234]}, {"key": "without-recourse", "type": "definition", "offset": [236, 252]}, {"key": "except-as-provided-in", "type": "clause", "offset": [253, 274]}, {"key": "section-303", "type": "definition", "offset": [275, 287]}, {"key": "title-and-interest", "type": "clause", "offset": [374, 392]}, {"key": "relating-to", "type": "definition", "offset": [422, 433]}, {"key": "the-contracts", "type": "clause", "offset": [434, 447]}, {"key": "schedule-i", "type": "definition", "offset": [461, 471]}, {"key": "asset-assignment", "type": "definition", "offset": [479, 495]}, {"key": "of-the-sellers", "type": "clause", "offset": [502, 516]}, {"key": "transfer-of", "type": "clause", "offset": [546, 557]}, {"key": "retention-of", "type": "clause", "offset": [636, 648]}], "snippet": "In return for the Acquisition Consideration with respect to the Assets transferred on the Closing Date and other rights created by this Agreement, each of Trendwest and TWH III hereby transfers, assigns, sells and grants to the Issuer, without recourse except as provided in Section 3.03 of this Agreement, on the Closing Date any and all of such Seller's respective right, title and interest in and to all of such Assets relating to the Contracts set forth on Schedule I to the Asset Assignment. Each of the Sellers hereby acknowledges that its transfer of such Assets to the Issuer is absolute and irrevocable, without reservation or retention of any interest whatsoever by such Seller (except as set forth in Section 3.03 hereof).", "samples": [{"hash": "2XRHTVcbKMo", "uri": "/contracts/2XRHTVcbKMo#initial-acquisition", "label": "Receivables Purchase Agreement (Trendwest Resorts Inc)", "score": 18.0, "published": true}], "hash": "2a574a75bbba211f2a95e675ba89b883", "id": 2}, {"size": 2, "snippet_links": [{"key": "conditions-to-the", "type": "clause", "offset": [4, 21]}, {"key": "effectiveness-of-the", "type": "clause", "offset": [39, 59]}, {"key": "payment-of-the-purchase-price", "type": "clause", "offset": [96, 125]}, {"key": "agent-shall", "type": "definition", "offset": [180, 191]}, {"key": "payoff-letters", "type": "definition", "offset": [206, 220]}, {"key": "form-and-substance", "type": "clause", "offset": [224, 242]}, {"key": "debt-secured", "type": "clause", "offset": [308, 320]}, {"key": "the-properties", "type": "clause", "offset": [352, 366]}, {"key": "by-the-borrower", "type": "clause", "offset": [383, 398]}], "snippet": "All conditions to the consummation and effectiveness of the Initial Acquisition (other than the payment of the purchase price) shall have been met. Furthermore, the Administrative Agent shall have received payoff letters in form and substance reasonably satisfactory to the Administrative Agent covering all Debt secured by liens which encumber any of the Properties being purchased by the Borrower or any of its Subsidiaries under the Initial Acquisition.", "samples": [{"hash": "ijinStrAtLz", "uri": "/contracts/ijinStrAtLz#initial-acquisition", "label": "Credit Agreement (Abraxas Petroleum Corp)", "score": 21.0, "published": true}, {"hash": "7eDlexhZG3g", "uri": "/contracts/7eDlexhZG3g#initial-acquisition", "label": "Credit Agreement (Abraxas Energy Partners LP)", "score": 21.0, "published": true}], "hash": "15dc1f8028f9b21c2e1b47feb6862fbf", "id": 3}, {"size": 2, "snippet_links": [{"key": "completion-of-a", "type": "clause", "offset": [3, 18]}, {"key": "bankable-feasibility-study", "type": "definition", "offset": [19, 45]}, {"key": "in-relation-to", "type": "clause", "offset": [46, 60]}, {"key": "issued-share-capital", "type": "clause", "offset": [116, 136]}, {"key": "the-purchase-price", "type": "clause", "offset": [207, 225]}, {"key": "value-of-the-shares", "type": "clause", "offset": [238, 257]}, {"key": "net-present-value", "type": "clause", "offset": [283, 300]}, {"key": "the-valuation", "type": "clause", "offset": [428, 441]}, {"key": "north-american", "type": "clause", "offset": [492, 506]}, {"key": "similar-to", "type": "definition", "offset": [574, 584]}, {"key": "assets-or-liabilities", "type": "clause", "offset": [651, 672]}, {"key": "in-the-event", "type": "clause", "offset": [687, 699]}, {"key": "to-provide", "type": "definition", "offset": [725, 735]}, {"key": "the-acquisition", "type": "clause", "offset": [748, 763]}, {"key": "the-initial-shares", "type": "clause", "offset": [778, 796]}, {"key": "equal-to", "type": "definition", "offset": [893, 901]}, {"key": "lesser-of", "type": "definition", "offset": [906, 915]}], "snippet": "On completion of a bankable feasibility study in relation to the Burnstone Project, \u2587\u2587\u2587\u2587\u2587\u2587\u2587 will acquire 15% of the issued share capital of Southgold (the \u201cInitial Shares\u201d) from GBG (through its affiliate). The purchase price will be the value of the shares determined by taking the net present value of 15% of the Burnstone Project as determined by a valuation derived from the bankable feasibility study and the parameters of the valuation will be those that would ordinarily be applied by North American mining analysts when valuing South African gold deposits which are similar to the Burnstone Project and adjusting that figure for any other net assets or liabilities of Southgold. In the event that GBG is not required to provide funding for the acquisition by \u2587\u2587\u2587\u2587\u2587\u2587\u2587 of the Initial Shares as contemplated in Section 1(a)(iv), \u2587\u2587\u2587\u2587\u2587\u2587\u2587 shall be allowed a discount on such purchase price equal to the lesser of 10% or R2,000,000.", "samples": [{"hash": "gsLSKZvi7dP", "uri": "/contracts/gsLSKZvi7dP#initial-acquisition", "label": "Heads of Agreement (Great Basin Gold LTD)", "score": 17.0, "published": true}, {"hash": "4cZwRJdNUk4", "uri": "/contracts/4cZwRJdNUk4#initial-acquisition", "label": "Heads of Agreement (Great Basin Gold LTD)", "score": 17.0, "published": true}], "hash": "9e833e3498da3a84f76ff3180f3a6ea7", "id": 4}, {"size": 1, "snippet_links": [{"key": "by-the-company", "type": "clause", "offset": [59, 73]}], "snippet": "The initial acquisition of Interoffice ------------------- by the Company.", "samples": [{"hash": "jIwsproY8lH", "uri": "/contracts/jIwsproY8lH#initial-acquisition", "label": "Stockholders' Agreement (Reckson Services Industries Inc)", "score": 18.0, "published": true}], "hash": "7b1528c19d9bf1a0884d73e79fc5f858", "id": 5}, {"size": 1, "snippet_links": [{"key": "in-return", "type": "clause", "offset": [0, 9]}, {"key": "asset-consideration", "type": "definition", "offset": [18, 37]}, {"key": "by-this-agreement", "type": "clause", "offset": [63, 80]}, {"key": "of-the-sellers", "type": "clause", "offset": [87, 101]}, {"key": "without-recourse", "type": "definition", "offset": [154, 170]}, {"key": "except-as-provided-in", "type": "clause", "offset": [171, 192]}, {"key": "section-303", "type": "definition", "offset": [193, 205]}, {"key": "the-closing-date", "type": "clause", "offset": [228, 244]}, {"key": "title-and-interest", "type": "clause", "offset": [293, 311]}, {"key": "relating-to", "type": "definition", "offset": [340, 351]}, {"key": "the-contracts", "type": "clause", "offset": [352, 365]}, {"key": "schedule-i", "type": "definition", "offset": [379, 389]}, {"key": "asset-assignment", "type": "definition", "offset": [397, 413]}, {"key": "transfer-of-the-assets", "type": "clause", "offset": [464, 486]}, {"key": "retention-of", "type": "clause", "offset": [546, 558]}], "snippet": "In return for the Asset Consideration and other rights created by this Agreement, each of the Sellers hereby transfers, assigns, sells and grants to TFI, without recourse except as provided in Section 3.03 of this Agreement, on the Closing Date, any and all of such Seller's respective right, title and interest in and to all of the Assets relating to the Contracts set forth on Schedule I to the Asset Assignment. Each of the Sellers hereby acknowledges that its transfer of the Assets to TFI is absolute and irrevocable, without reservation or retention of any interest whatsoever by such Seller.", "samples": [{"hash": "3gAV06u64U3", "uri": "/contracts/3gAV06u64U3#initial-acquisition", "label": "Receivables Purchase Agreement (Trendwest Resorts Inc)", "score": 18.0, "published": true}], "hash": "52cb4627f6446dfdea45767132c35e15", "id": 6}, {"size": 1, "snippet_links": [{"key": "the-transaction", "type": "clause", "offset": [0, 15]}, {"key": "the-borrower", "type": "definition", "offset": [25, 37]}, {"key": "the-assets", "type": "clause", "offset": [63, 73]}, {"key": "assets-and-business", "type": "clause", "offset": [144, 163]}, {"key": "his-affiliates", "type": "definition", "offset": [188, 202]}, {"key": "pursuant-to-the", "type": "definition", "offset": [363, 378]}, {"key": "asset-purchase-agreements", "type": "definition", "offset": [387, 412]}, {"key": "dated-as-of", "type": "definition", "offset": [508, 519]}, {"key": "management-agreement", "type": "definition", "offset": [716, 736]}, {"key": "management-consulting-agreement", "type": "definition", "offset": [755, 786]}, {"key": "borrower-and-holdings", "type": "clause", "offset": [836, 857]}], "snippet": "The transaction in which the Borrower purchased (a) certain of the assets of BKC consisting of sixty-eight (68) restaurants, (b) certain of the assets and business of \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587 and/or his affiliates consisting of eleven (11) restaurants and (c) certain of the assets and business of \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587. \u2587\u2587\u2587\u2587\u2587\u2587 and/or his affiliates consisting of three (3) restaurants pursuant to the Initial Asset Purchase Agreements on September 1, 1994. Initial Asset Purchase Agreements. The several Asset Purchase Agreements dated as of September 1, 1994 by and between (a) BKC and the Borrower, (b) \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587 and/or his affiliates and the Borrower, and (c) \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587. \u2587\u2587\u2587\u2587\u2587\u2587 and/or his affiliates and the Borrower. Intercompany Management Agreement. The Intercompany Management Consulting Agreement dated as of September 1, 1994 by and between the Borrower and Holdings.", "samples": [{"hash": "fLcM31Hh4z8", "uri": "/contracts/fLcM31Hh4z8#initial-acquisition", "label": "Revolving Credit Agreement (Ameriking Inc)", "score": 18.0, "published": true}], "hash": "22332255de648338f2bf2b2e42920f64", "id": 7}, {"size": 1, "snippet_links": [{"key": "prior-to", "type": "definition", "offset": [0, 8]}, {"key": "the-closing-date", "type": "clause", "offset": [44, 60]}, {"key": "the-advances", "type": "clause", "offset": [171, 183]}, {"key": "in-accordance-with", "type": "definition", "offset": [195, 213]}, {"key": "terms-of-the-purchase-agreement", "type": "clause", "offset": [218, 249]}, {"key": "waivers-by-the-borrower", "type": "clause", "offset": [303, 326]}, {"key": "the-lenders", "type": "clause", "offset": [484, 495]}, {"key": "the-lead-arranger", "type": "clause", "offset": [549, 566]}, {"key": "the-required-lenders", "type": "clause", "offset": [571, 591]}], "snippet": "Prior to or substantially concurrently with the Closing Date, the Initial Acquisition shall have been consummated, or shall be consummated substantially concurrently with the Advances hereunder, in accordance with the terms of the Purchase Agreement without giving effect to any amendments, consents or waivers by the Borrower that amend, modify or waive any terms of the Purchase Agreement, nor shall the Borrower have given a consent thereunder, in any case, in a manner adverse to the Lenders (in their capacities as such) without the consent of the Lead Arranger and the Required Lenders.", "samples": [{"hash": "5h7YDTzPihQ", "uri": "/contracts/5h7YDTzPihQ#initial-acquisition", "label": "Credit Agreement (Penn Virginia Corp)", "score": 28.7590694427, "published": true}], "hash": "11f447c76974ddf1baf5879a0f6a4762", "id": 8}, {"size": 1, "snippet_links": [{"key": "at-the-closing", "type": "clause", "offset": [23, 37]}, {"key": "fully-diluted-equity", "type": "definition", "offset": [93, 113]}, {"key": "pursuant-to-a", "type": "definition", "offset": [137, 150]}, {"key": "capitalization-schedule", "type": "clause", "offset": [151, 174]}, {"key": "security-issuances", "type": "clause", "offset": [205, 223]}, {"key": "equity-pool", "type": "clause", "offset": [257, 268]}, {"key": "equal-to", "type": "definition", "offset": [269, 277]}, {"key": "issued-and-outstanding-shares", "type": "clause", "offset": [295, 324]}, {"key": "the-closing-date", "type": "clause", "offset": [328, 344]}, {"key": "other-documents-required", "type": "clause", "offset": [382, 406]}, {"key": "this-agreement", "type": "clause", "offset": [421, 435]}, {"key": "be-prepared", "type": "clause", "offset": [441, 452]}, {"key": "reasonable-time", "type": "definition", "offset": [462, 477]}, {"key": "the-parties", "type": "clause", "offset": [549, 560]}, {"key": "full-force-and-effect", "type": "definition", "offset": [581, 602]}, {"key": "preparation-of", "type": "clause", "offset": [628, 642]}, {"key": "further-documents", "type": "definition", "offset": [643, 660]}, {"key": "definitive-agreements", "type": "definition", "offset": [681, 702]}], "snippet": "Bodycor shall acquire, at the closing of the Initial Acquisition (the \u201cClosing\u201d), 60% of the fully diluted equity of Ding, as determined pursuant to a capitalization schedule setting forth all prospective security issuances and giving effect to an employee equity pool equal to up to 15% of the issued and outstanding shares on the Closing date. The capitalization schedule and any other documents required to effectuate this Agreement will be prepared within a reasonable time following execution hereof. This Agreement will remain binding against the Parties and shall remain in full force and effect through any delay in the preparation of further documents, per the section on definitive agreements hereinbelow.", "samples": [{"hash": "hin7YuuOWUI", "uri": "/contracts/hin7YuuOWUI#initial-acquisition", "label": "Binding Letter of Intent (Limitless X Holdings Inc.)", "score": 35.1067761807, "published": true}], "hash": "cbde6eceb7ccd9eca3b4888982f1a400", "id": 9}, {"size": 1, "snippet_links": [{"key": "the-licensee-shall", "type": "clause", "offset": [0, 18]}, {"key": "good-faith-efforts", "type": "clause", "offset": [24, 42]}, {"key": "to-acquire", "type": "definition", "offset": [43, 53]}, {"key": "having-a", "type": "definition", "offset": [77, 85]}, {"key": "total-area", "type": "clause", "offset": [86, 96]}, {"key": "made-available", "type": "clause", "offset": [354, 368]}, {"key": "consistent-with", "type": "definition", "offset": [449, 464]}, {"key": "this-article", "type": "definition", "offset": [465, 477]}], "snippet": "The licensee shall make good faith efforts to acquire, if possible, tract(s) having a total area of approximately 300 acres, and a combined elk forage equivalency value of at least 1,437, calculated as described in the Elk Habitat Table below. If the licensee is unable to acquire initial tract(s) with the required elk forage equivalency value, funding made available for the initial tract(s) shall be carried over for general acquisition purposes consistent with this article.", "samples": [{"hash": "fqyhz7u2mQA", "uri": "/contracts/fqyhz7u2mQA#initial-acquisition", "label": "Settlement Agreement", "score": 19.0, "published": true}], "hash": "b02eb3aaf83460a32ab26167f003ac51", "id": 10}], "next_curs": "ClwSVmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjgLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihxpbml0aWFsLWFjcXVpc2l0aW9uIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 18, "children": [["contribution", "Contribution"], ["minority-purchase", "Minority Purchase"], ["payment-of-preliminary-purchase-price", "Payment of Preliminary Purchase Price"], ["post-closing-adjustment", "Post-Closing Adjustment"], ["use-of-proceeds", "Use of Proceeds"]], "parents": [["acquisition-of-assets", "ACQUISITION OF ASSETS"], ["conditions-precedent-to-loans", "CONDITIONS PRECEDENT TO LOANS"], ["initial-advance", "Initial Advance"], ["bee-transactions", "BEE Transactions"], ["representations-and-warrantees", "REPRESENTATIONS AND WARRANTEES....................................................."]], "title": "Initial Acquisition", "id": "initial-acquisition", "related": [["land-acquisition", "Land Acquisition", "Land Acquisition"], ["mergers-acquisition-sales-etc", "Mergers, Acquisition, Sales, etc", "Mergers, Acquisition, Sales, etc"], ["notice-to-proceed-land-acquisition", "Notice to Proceed - Land Acquisition", "Notice to Proceed - Land Acquisition"], ["mergers-acquisitions-sales-etc", "Mergers, Acquisitions, Sales, etc", "Mergers, Acquisitions, Sales, etc"], ["investments-acquisitions", "Investments; Acquisitions", "Investments; Acquisitions"]], "related_snippets": [], "updated": "2026-02-19T04:40:11+00:00"}, "json": true, "cursor": ""}}