This excerpt taken from the COBR 8-K filed Oct 19, 2006.
Capacity and Interests of the Purchaser
The Purchaser has the requisite power and authority to enter into and perform this Agreement and has put arrangements in place that it anticipates will enable it to meet its
obligations under the earn-out arrangements in Schedule 1 Part 1.
The execution and delivery of and the performance by the Purchaser of its obligations under this Agreement will not conflict with, result in a breach of or give rise to a right of
termination of any obligation under:
any agreement, instrument or arrangement (including any trust instrument) to which the Purchaser is a party or by which any the Purchaser is bound; or
any order, judgment or decree of any court or governmental agency to which the Purchaser is a party or by which the Purchaser is bound.
This Agreement constitutes and the other documents executed by the Purchaser which are to be delivered at Completion will, when executed, constitute binding obligations of the
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