Schedule to Asset Purchase Agreement for Purchase of Hotel Assets (Ontario)
Use this template to prepare a Schedule / Addendum to Asset Purchase Agreement for the purchase and sale of the assets of a hotel business in the Province of Ontario. Provisions include:
This is a Canadian document template in MS Word format, and is fully editable to fit your needs.
- The seller's compliance with the Bulk Sales Act.
- Room rentals, restaurant and lounge receipts to be adjusted at midnight on the date of closing.
- Transfer of liquor license to purchaser.
- Seller's warranty that employees are not represented under a collective bargaining agreement.
- Conditions of purchaser for closing transaction.
- Representations and warranties of seller.
- Disclosure of revenues, expenses, contracts and business information.
- Assignment of service contracts and leases, trade names, signage and phone numbers.
This is a Canadian document template in MS Word format, and is fully editable to fit your needs.





