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MASTER ASSET PURCHASE AGREEMENT BY ... - Canadian Stocks

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Disclosure Schedules specifying such development, fact or circumstance (each such supplement,<br />

a “Schedule Supplement”); provided, that except as set forth in Section 6.12(b), such Schedule<br />

Supplement shall have no effect for purposes of the indemnification obligations of Seller or the<br />

conditions to the Initial Closing set forth in Article 7 and shall be for informational purposes<br />

only.<br />

(b) In the event that Seller delivers a Schedule Supplement pursuant to<br />

Section 6.12(a) that reflects any developments, facts or circumstances which individually or in<br />

the aggregate would result in any of the representations and warranties contained in Article 3 not<br />

being true in all material respects as of and on the Initial Closing Date, such that Buyer would be<br />

entitled to terminate this Agreement and the Canada Purchase Agreement pursuant to Section<br />

2.3(b) as a result of the developments, facts or circumstances described in such Schedule<br />

Supplement, and Buyer does not within ten (10) days after Buyer’s receipt of such Schedule<br />

Supplement terminate this Agreement on the basis of such Schedule Supplement pursuant to<br />

Section 2.3(b), then such Schedule Supplement shall be deemed to have cured any<br />

misrepresentation or breach of representation or warranty that otherwise would have existed<br />

hereunder by reason of the developments, facts or circumstances described in such Schedule<br />

Supplement, and Buyer will not have any claim for indemnification for the developments, facts<br />

or circumstances described in such Schedule Supplement.<br />

(c) From and after the Initial Closing Date and until the Canada Closing Date,<br />

as promptly as practicable following the discovery thereof, Seller shall cause the Canada Seller<br />

to deliver a Schedule Supplement to Buyer disclosing any development, fact or circumstance that<br />

would result in any of the representations and warranties contained in Article 3 not being true<br />

with respect to the Canada Acquired Assets and/or the Canada Business as of and on the Canada<br />

Closing Date. Any such Schedule Supplement shall be deemed to have cured any<br />

misrepresentation or breach of representation or warranty that otherwise would have existed<br />

hereunder by reason of the developments, facts or circumstances described in such Schedule<br />

Supplement, and Buyer and its Affiliates will not have any claim for indemnification for the<br />

developments, facts or circumstances described in such Schedule Supplement.<br />

(d) Notwithstanding anything to the contrary in Sections 6.12(a), 6.12(b) and<br />

6.12(c), if, at any time from the date hereof until the Initial Closing Date or the Canada Closing<br />

Date (as applicable), Seller discovers in good faith that any agreement, contract (including<br />

purchase or sales order), obligation, order or undertaking (i) is listed on Schedule 1.1(a) as an<br />

Assumed Contract but does not relate exclusively to the Acquired Real Property or the Local<br />

Business and thus should not constitute an Assumed Contract, (ii) is not listed on Schedule 1.1(a)<br />

as an Assumed Contract but relates exclusively to the Acquired Real Property or the Local<br />

Distribution Businesses and thus should constitute an Assumed Contract, or (iii) is or is not listed<br />

on Schedule 6.13(a) as a Shared Contract but should not or should, as the case may be, have been<br />

listed as a Shared Contract, then Seller shall have the right to update any or all of Schedules<br />

1.1(a) (to the extent relating to Assumed Contracts), 1.1(b) (to the extent relating to Excluded<br />

Contracts), 6.7(a) and 6.13(a), in each case as applicable, by delivering written notice thereof to<br />

Buyer at least fifteen (15) days prior to the Initial Closing or the Canada Closing (as applicable),<br />

together with any corresponding changes that may be required to the Disclosure Schedule based<br />

on such discovery in order for the representations and warranties contained in Article 3 to be true<br />

as of and on the Initial Closing Date or the Canada Closing Date, as applicable (each such<br />

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