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MASTER ASSET PURCHASE AGREEMENT BY ... - Canadian Stocks

MASTER ASSET PURCHASE AGREEMENT BY ... - Canadian Stocks

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(b) From the date hereof until the earlier of the Canada Closing Date and the<br />

termination of this Agreement, and the Canada Purchase Agreement, to the extent permitted by<br />

applicable Legal Requirements, and provided that Seller and the Canada Seller may withhold<br />

information to the extent required under any confidentiality obligation owed to a third party<br />

(provided that Seller and Canada Seller shall use commercially reasonable efforts to seek consent<br />

to disclose such information to Buyer), Seller shall, or shall cause the Canada Seller to, (i) afford<br />

Buyer and its Representatives reasonable access (including for inspection and copying) at all<br />

reasonable times to the Canada Acquired Assets and Canada Seller’s Representatives, properties,<br />

offices, and other facilities, and books and records to the extent relating to the Canada Acquired<br />

Assets, and (ii) furnish Buyer with such financial, operating and other data and information in<br />

connection with the Canada Acquired Assets or the Canada Business as Buyer may reasonably<br />

request.<br />

(c) From and after the Initial Closing or the Canada Closing (as applicable),<br />

Buyer and its Affiliates shall permit Seller and its Affiliates to have reasonable access to any<br />

information in Buyer’s or any of its Affiliates’ possession, and shall make available the Initial<br />

Closing Employees or the Canada Transferred Employees (as applicable) on a mutually<br />

convenient basis for interviews or testimony, in each case to the extent reasonably necessary for<br />

Seller and its Affiliates to contest or defend any litigation, action, claim, arbitration, proceeding,<br />

mediation, investigation relating to or arising out of any fact, situation, circumstance, incident,<br />

action, failure to act or transaction existing on or prior to the Initial Closing Date or the Canada<br />

Closing Date (as applicable), all at the cost and expense of Seller and its Affiliates to the extent<br />

of any out-of-pocket expenses; provided, that this Section 6.4(c) shall not apply to disputes or<br />

litigation among the Parties and their respective Affiliates.<br />

6.5 Consents. Prior to the Initial Closing (in the case of any Initial Closing Assumed<br />

Contract) and/or the Canada Closing (in the case of any Canada Assumed Contract), Seller shall,<br />

or shall cause the Canada Seller and the Seller Parties (as applicable) to, use commercially<br />

reasonable efforts to seek written Consents from the counterparties to any Assumed Contract that<br />

requires the Consent of such counterparty to assign such Assumed Contract or that enables such<br />

counterparty to terminate or materially modify the applicable Assumed Contract upon the<br />

consummation of the transactions contemplated hereby; provided, however, that Buyer shall, and<br />

shall cause the Buyer Parties to, use commercially reasonable efforts to assist Seller, the Seller<br />

Parties or the Canada Seller (as applicable) in doing so. For the avoidance of doubt, the failure<br />

by Seller, the Seller Parties or the Canada Seller to secure any Consents shall not constitute a<br />

failure to satisfy any condition set forth in Article 7 or the Canada Purchase Agreement or a<br />

breach of this Agreement or the Canada Purchase Agreement.<br />

6.6 Initial Closing Employee Matters.<br />

(a) All operations performed by Seller and the applicable Seller Party will be<br />

assumed by Buyer or the applicable Buyer Party in accordance with the terms of this Agreement,<br />

which, therefore, will assume the applicable Seller Party’s legal capacity as employer for all the<br />

legal, regulatory and contractual purposes, in accordance with article 4 of the Chilean Labour<br />

Code, and the current employment contracts of the Initial Closing Employees shall maintain their<br />

validity and continuity with Buyer or the applicable Buyer Party.<br />

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