{"id":43443,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/letter-agreement-wolters-kluwer-u-s-corp-and-plenum.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"letter-agreement-wolters-kluwer-u-s-corp-and-plenum","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/planning\/letter-agreement-wolters-kluwer-u-s-corp-and-plenum.html","title":{"rendered":"Letter Agreement &#8211; Wolters Kluwer U.S. Corp. and Plenum Publishing Corp."},"content":{"rendered":"<pre>\n\n                [LETTERHEAD OF WOLTERS KLUWER U.S. CORPORATION]\n\nBruce C. Lenz\nExecutive Vice President\nChief Financial Officer\n\n                                  June 10, 1998\n\nMr. Martin E. Tash\nPresident\nPlenum Publishing Corporation\n233 Spring Street \nNew York, New York 10013\n\nDear Mr. Tash:\n\n      In consideration of the execution today of an agreement and plan merger by\nand among our wholly owned subsidiary Kluwer Boston, Inc. and Plenum Publishing\nCorporation which agreement is intended to result in the acquisition of all the\nshares of Plenum Publishing Corporation at 73.50 per share for a total purchase\nof approximately $258 million dollars, we hereby agree that we will fund the\nobligations of our subsidiary and of PPC Acquisition Corp., our indirect\nsubsidiary, through available cash balances and existing bank credit lines of\nWolters Kluner nv. We hereby represent and warrant that there are available cash\nbalances and exiting bank credit lines which will enable us to meet this\nobligation.\n\n                                           Yours sincerely,                     \n                                           \n                                           WOLTERS KLUWER U.S. CORPORATION\n\n                                           \n                                           By:  \/s\/ Bruce C. Lenz\n                                                ---------------------------\n                                                Bruce C. Lenz\n                                                Executive Vice President and\n                                                Chief Financial Officer\n\n\n\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[8537],"corporate_contracts_industries":[9464],"corporate_contracts_types":[9622,9626],"class_list":["post-43443","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-plenum-publishing-corp","corporate_contracts_industries-media__books","corporate_contracts_types-planning","corporate_contracts_types-planning__merger"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/43443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=43443"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=43443"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=43443"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=43443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}