The Purchase and Assumption Agreement is the blueprint: what EPB would transfer, what Qenta and its affiliates would assume, and the conditions that had to be met for any final closing. It defines “Assets,” “Records,” and “Liabilities,” ties the deal to required regulatory approvals, and sets arbitration under ICC rules in New York. When Qenta later acts as though it can keep or liquidate property in its possession, this agreement is the reference point for what it received, what it agreed to do, and what had to happen for it to earn anything beyond custody.
