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Document Id : 8371
File Type : Microsoft Word
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New Zealand Asset Purchase Agreement
Transfer ownership of a business in New Zealand with this comprehensive Asset Purchase Agreement.
- The balance of the purchase price is secured by way of a promissory note. The note provides for regular instalment payments of principal and interest.
- Standard representations, covenants and warranties of the seller regarding corporate status, authority, financial position of the business, title to assets, conduct of business until closing, etc.
- Standard representations, covenants and warranties of the buyer regarding corporate status, authority, ability to finance the transaction, insurance, etc.
- Each of the parties agrees to keep all information of the other party confidential. The parties have the right to an injunction or a suit for damages for a breach of this provision.
- The Agreement includes several schedules, including the Promissory Note.
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