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Ontario Purchase Agreement for Assets of Operating Company - $27.99
Document Id : 1077
File Type : Microsoft Word
Purchase the assets of an Ontario corporation with this Purchase Agreement for Assets of Operating Company.
- The seller (vendor) sells the assets of a company to the purchaser and the purchaser assumes the company's liabilities as part of the purchase price.
- The balance of the purchase price will be secured by a promissory note.
- The parties agree to file joint elections under sections 22 and 97(2) of the Income Tax Act (Canada) and as required under the Ontario Corporations Tax Act.
- The form includes a Section 116 Affidavit to be sworn by a corporate officer of the vendor, if applicable.
- The form also includes a Promissory Note.
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