Florida Sample Purchase Agreement between Simula, Inc., and its subsidiaries and Levine Leichtman Capital Partners II, LP regarding sale and issuance of secured senior notes

• Category: Corporations - Public - Purchase
• State: Multi-State
• Control #: US-EG-9301
• Format: Word; Rich Text

Description

Securities Purchase Agreement between Simula, Inc., certain subsidiaries of Simula, Inc. and Levine Leichtman Capital Partners II, LP regarding the sale and issuance of secured senior notes dated December 31, 1999. 108 pages.

Title: Florida Sample Purchase Agreement: Sale and Issuance of Secured Senior Notes between Similar, Inc., Its Subsidiaries, and Levine Eastman Capital Partners II, LP Introduction: This Florida Sample Purchase Agreement outlines the terms and conditions between Similar, Inc., its subsidiaries, and Levine Eastman Capital Partners II, LP for the sale and issuance of secured senior notes. This agreement serves as a legally binding document that establishes the rights, obligations, and procedures related to the transaction. Keywords: Florida, Sample Purchase Agreement, sale, issuance, secured senior notes, Similar Inc., subsidiaries, Levine Eastman Capital Partners II, LP 1. Parties Involved: The parties involved in this agreement are: 1.1. Similar, Inc.: Similar, Inc., a Florida-based corporation, herein referred to as the "Issuer." Address: [Similar, Inc. Address] 1.2. Subsidiaries: Any subsidiary company or companies of Similar, Inc., who may be involved in the sale or issuance of the secured senior notes. 1.3. Levine Eastman Capital Partners II, LP: Levine Eastman Capital Partners II, LP, a limited partnership firm located in Florida, and herein referred to as the "Purchaser." Address: [Levine Eastman Capital Partners II, LP Address] 2. Purpose of Agreement: This agreement states the terms and conditions under which Similar, Inc. and its subsidiaries sell and issue secured senior notes to Levine Eastman Capital Partners II, LP. The purpose of this transaction could be for funding acquisitions, refinancing existing debt, or other corporate purposes as agreed upon by both parties. 3. Definitions: Include relevant definitions of key terms and phrases used within the agreement to ensure clarity and understanding. 4. Terms and Conditions: 4.1. Sale and Issuance: Similar, Inc. and its subsidiaries agree to sell and issue secured senior notes to Levine Eastman Capital Partners II, LP, subject to the terms and conditions outlined in this agreement. 4.2. Consideration: Specify the consideration, including monetary value and other agreed-upon compensation exchanged in return for the secured senior notes. 4.3. Maturity Date: Define the maturity date of the notes, i.e., the date on which the principal amount becomes due and payable. 4.4. Security: Detail the collateral or security that secures the senior notes and ensures the Purchaser's rights in case of default or non-payment. 4.5. Interest and Payment: Describe the interest rate, payment schedule, and methods of payment for the senior notes. 4.6. Representations and Warranties: Cover the representations and warranties provided by both parties regarding the accuracy of information, compliance with laws and regulations, and disclosure of material facts. 4.7. Covenants: List any covenants or promises made by Similar, Inc. and its subsidiaries to maintain certain financial ratios, provide audited financial statements, or fulfill ongoing obligations for the duration of the agreement. 5. Governing Law and Jurisdiction: Specify the governing law and jurisdiction applicable to the agreement, typically Florida law and jurisdiction. 6. Amendments and Waivers: Outline the process for making amendments or waivers to the provisions of the agreement, including the requirement of written consent from all parties involved. Different Types of Florida Sample Purchase Agreement: 1. Florida Sample Purchase Agreement for Sale of Secured Senior Notes 2. Florida Sample Purchase Agreement for Issuance of Secured Senior Notes 3. Florida Sample Purchase Agreement for Sale and Issuance of Senior Notes 4. Florida Sample Purchase Agreement for Sale and Issuance of Unsecured Senior Notes 5. Florida Sample Purchase Agreement for Sale and Issuance of Convertible Senior Notes Note: The above list illustrates potential variations of the Florida Sample Purchase Agreement depending on the specific terms, conditions, and attributes of the senior notes being sold and issued.