ASSET PURCHASE AGREEMENT BY AND AMONG HOMELAND SECURITY CAPITAL CORPORATION, DEFAULT SERVICING USA, INC., DEFAULT SERVICING, LLC, AND DAL GROUP LLC June 22, 2011Asset Purchase Agreement • June 23rd, 2011 • Homeland Security Capital CORP • General bldg contractors - residential bldgs • Delaware
THIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of June 22, 2011, is made by and among Homeland Security Capital Corporation, a Delaware corporation (“HSCC”), Default Servicing USA, Inc., a Delaware corporation (“Buyer”), Default Servicing, LLC, a Delaware limited liability company (the “Company”), DAL Group, LLC, a Delaware limited liability company, and the sole member of the Company (the “Member”), and Timios, Inc., solely for purposes of Section 10.1(b) hereof.
