For all purposes, the parties agree that the Purchase Price shall be allocated among the Purchased Assets in the manner set forth in Schedule 1.5. An Asset Purchase Agreement is an agreement between a buyer and a seller of a business as to the terms and conditions of the sale of the business.An APA is a legallybinding contract between a buyer and seller that finalizes the terms and conditions of an acquisition. The purpose of this policy is to summarize the capital asset policies and procedures for Cuyahoga County ("the County").