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Form 8594 Lansing Michigan: What You Should Know
The Agreement will provide that SCI has the right to appoint SCI Asset Management Co., LLC (“SCI”) as its agent to complete the acquisition of The Company or any such company. This Agreement will have the following effect. SCI will negotiate and execute an Asset Purchase Agreement for the purchase of property and assets owned by the Company. SCI must acquire of the property or assets that are needed to complete the acquisition of The Company (hereinafter, the “Property or Assets). In connection with the sale of Property or Assets, SCI will: (1) provide a sale and purchase price that would result in a fair and reasonable acquisition price and are reasonably expected to be received by the purchaser of the Property or Assets, (2) pay a commission, fee, fee agreement or other related fees, and (3) pay such costs and damages with respect to the property or assets sold as are necessary to meet the purchaser's obligations to SCI, include fees and related costs (in each case, the Seller's share of any transaction costs), and expenses of title and sale. This Agreement shall supersede, add to, and otherwise affect, the form and content of all existing agreements by and between SCI on the one hand and The Company and/or the other persons party to this Agreement on the other. In order to acquire the Property with the payment of commissions and expenses, and other items as may be agreed to by SCI, The Company and other parties to this Agreement will make an agreement to and make payment pursuant to this Agreement in accordance with the terms hereof. This sale agreement cannot be amended before the date set forth on the Form 8594 or by the Agreement, and neither can it be terminated until the date set forth on the Form 8594 or until the Agreement ends. The Agreement will terminate upon sale of the property. This Agreement will be between the Seller, SCI, and the Buyer, and will have the following effect.
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