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HomeMy WebLinkAboutNCG210393_Name-Owner Change Supporting Info_5/7/2019Execution Version BILL OF SALE THIS BILL OF SALE (this "Bill of Sale") is made and entered into as of March 29, 2019, by SHAW INDUSTRIES GROUP, INC., a Georgia corporation ("Assignor"), for and in favor of BEASLEY FLOORING PRODUCTS, INC., a Georgia corporation ("Assignee"), pursuant to that certain Facilities Purchase Agreement dated of even date herewith by and between Assignor and Assignee (the "Agreement"). Any capitalized terms used but not otherwise defined herein shall have the meanings specified in the Agreement. WITNESSETH: WHEREAS, pursuant to the Agreement, Assignor has agreed to sell, convey, assign, transfer, and deliver to Assignee, and Assignee has agreed to purchase, accept, assume, and acquire from Assignor, free and clear of any Encumbrances (other than Permitted Encumbrances), all right, title, and interest of Assignor in and to the Purchased Assets (other than the Owned Real Property). AGREEMENT NOW THEREFORE, for and in consideration of the foregoing and the respective representations, warranties, covenants, agreements, and conditions set forth herein and in the Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor agrees as follows: 1. Conveyance of Purchased Assets. Assignor hereby grants, bargains, sells, assigns, transfers, conveys, and delivers to Assignee all of Assignor's right, title, and interest in and to the Purchased Assets (other than the Owned Real Property), in each case, free and clear of any restriction on transfer or Encumbrance (other than a Permitted Encumbrance), to have and to hold the same unto Assignee, its successors and assigns, forever. Assignor acknowledges that this Bill of Sale does not transfer any interest in the Excluded Assets. 2. Relation to Agreement. This Bill of Sale is subject in all respects to the terms and conditions of the Agreement, and nothing contained herein is intended or shall be deemed to supersede, amend, enlarge, or rescind any of the obligations, agreements, covenants, or warranties of any party contained in the Agreement. The terms of the Agreement, including, but not limited to, the representations, warranties, covenants, agreements, and indemnities relating to the Purchased Assets, are incorporated herein by this reference. In the event of any inconsistency between the terms of the Agreement and this Bill of Sale, the terms of the Agreement shall govern and control. 3. Further Assurances. Assignor for itself, its successors and assigns, hereby covenants and agrees that, at any time and from time to time upon the written request of Assignee, Assignor will do, execute, acknowledge, and deliver, or cause to be done, executed, acknowledged, and delivered, all such further acts, deeds, assignments, transfers, conveyances, powers of attorney, and assurances as may be reasonably required by Assignee in order to assign, transfer, set over, convey, assure, and confirm unto and vest in Assignee, its successors and assigns, title to the Purchased Assets sold, conveyed, and transferred by this Bill of Sale and the Agreement. 4. Third Parties. Nothing in this Bill of Sale is intended to confer any rights or remedies, whether express or implied, on any Persons other than the Assignor and Assignee and their respective successors and permitted assigns. 5. Successors and Assigns. This instrument shall be binding upon and shall inure to the benefit of the respective successors and assigns of Assignor and Assignee. [Remainder of Page Intentionally Left Blank] -2- IN WITNESS WHEREOF, Assignor has caused this Bill of Sale to be executed as of the date first written above by its officer thereunto duly authorized. SHAW INDUSTRIES GROUP, INC. By: Name: Ke neth G. ackson Title: xe tive ce President, Chief Financial Officer, and Treasurer [Signature Page to Bill of Sale]