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Asset Purchase Agreement | Canada
Purchase the assets of a Canadian business with this comprehensive Asset Purchase Agreement.
- The business is sold as a going concern, including assets, inventory and goodwill.
- The amount of the purchase price allocated to inventory will be adjusted prior to closing based on the actual physical inventory at that time.
- The transaction is conditional in part upon the parties completing all of their covenants that must be performed prior to closing.
- Schedules include Definitions, Representations and Warranties of Seller, and a Non-Competition Agreement are included in this package.
- The Asset Purchase Agreement package is available in MS Word format and is fully editable to fit your specific needs.
- Intended for use only in Canada.
$49.99
Asset Purchase Agreement | USA
This standard form USA Asset Purchase Agreement includes a set of schedules and documentation you need to transfer the assets of the business from the seller to the buyer. The package contains:
- Asset Purchase Agreement setting out the terms and conditions of the purchase and sale;
- Schedule of Definitions used in the Agreement;
- Representations and warranties of the seller regarding the corporate status of the business, contractual obligations, taxes, financial statements, condition of the assets, and other material items;
- Miscellaneous standard contract provisions, including a bulk sales law compliance provision;
- Non-Competition Agreement to be signed by the seller.
You can customize and tailor the USA Asset Purchase Agreement template to fit the specific conditions of your transaction. This digital download can be used for brokered and non-brokered sales.
$29.99
Asset Purchase Provisions for Management by Purchaser
Add these provisions to your Asset Purchase and Sale Agreement to provide for management of the business by the purchaser in the period prior to the closing.
- The purchaser will take over managing the business between the effective date of the Asset Purchase Agreement and the closing date.
- The provisions set out the particulars of how the business is to be operated, and what the purchaser's responsibilities are.
- Accounts receivable remain the property of the vendor (seller), and the vendor is responsible for invoicing and collecting the receivables.
- The Asset Purchase Provisions for Management by Purchaser can be used as a means to smoothly transition the business operations from the seller to the buyer without interruption.
- Available in MS Word format.
$6.49