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MASTER ASSET PURCHASE AGREEMENT BY ... - Canadian Stocks

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eflect the list of applicable Transferred Prime Product Orders as of the date that is thirty (30)<br />

days prior to the Initial Closing Date or the Canada Closing Date (as applicable).<br />

(f) Retained Orders. Prior to the Initial Closing or the Canada Closing (as<br />

applicable), the Parties shall cooperate in good faith to identify customer orders and contracts<br />

nearing completion and relating to the Local Distribution Businesses that shall not be<br />

Transferred Prime Product Orders and that shall not be transferred to Buyer (the “Retained<br />

Orders”).<br />

6.19 Initial Closing TSAs; Canada Closing TSAs.<br />

(a) From the date of this Agreement until the Initial Closing or the Canada<br />

Closing (as applicable), Seller and Buyer shall work together in good faith to identify any<br />

additional services (including Buyer providing to Seller collection services in respect of any<br />

Accounts Receivable that are not assigned to Buyer or a Buyer Party) that may need to be<br />

provided by Seller to Buyer or by Buyer to Seller, as the case may be, under the applicable Initial<br />

Closing TSAs or Canada Closing TSAs (as applicable), in each case, in connection with the<br />

Initial Closing Territories or the Canada Closing Territories (as applicable). Seller and Buyer<br />

acknowledge and agree that any such services identified to be provided under the Initial Closing<br />

TSAs or the Canada Closing TSAs shall be provided on a fully burdened cost basis other than in<br />

the case of real property leases between Buyer or a Buyer Party, on the one hand, and Seller or a<br />

Seller Party, on the other hand, which shall be on a fair market value basis.<br />

(b) From the date of this Agreement until the Initial Closing or the Canada<br />

Closing (as applicable), Seller and Buyer shall work together in good faith to enter into, or cause<br />

the applicable Seller Party or Buyer Party, respectively, to enter into, one or more transition<br />

services agreements (the “Retained WIP and Retained Orders TSAs”) pursuant to which Buyer,<br />

the applicable Buyer Party or their respective Affiliates shall provide the services necessary for<br />

Seller or the applicable Seller Party to complete the Retained WIP and Retained Orders in<br />

accordance with the contracts of Seller or the applicable Seller Party in respect thereof and in a<br />

manner reasonably satisfactory to Seller, in each case, in accordance with the principles set forth<br />

on Exhibit G, notwithstanding the provisions of Section 6.19(a).<br />

(c) Notwithstanding any other provision in this Agreement, from the date of<br />

this Agreement and continuing after the Initial Closing, Seller shall use commercially reasonable<br />

efforts to obtain approval from the duty-free commercial port center (or Zona Franca) of South<br />

America traditionally called Zofri (the “Zofri Consent”) in connection with the leased real<br />

property located at Calle Bellavista, Manzana B, Sitio 17B, Barrio Industrial Zofri, Iquique,<br />

Tarapaca 111-2182, and the owned facility located thereon (collectively, the “Iquique Property”).<br />

Within five (5) Business Days after the Zofri Consent has been obtained, Seller and the<br />

applicable Seller Parties and Buyer and the applicable Buyer Parties shall execute and deliver to<br />

the other Party the Transfer Documents applicable to the Iquique Property.<br />

7. Conditions Precedent to the Obligations of Buyer. The obligations of Buyer and the<br />

Buyer Parties to consummate the Initial Closing are subject to satisfaction of all of the following<br />

conditions by the Initial Closing Date (any one or more of which may, to the extent permitted by<br />

applicable Legal Requirements, be waived in writing by Buyer in Buyer’s sole discretion):<br />

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