The Model Asset Purchase Agreement with Commentary is the most comprehensive resource available for negotiating and documenting an asset purchase. Albin, Egan and Greenberg served on its Asset Acquisition.Agreement Task Force which prepared the ABA Model Asset Purchase Agreement with Commentary. Model asset purchase agreement : with commentary. 1.1 Purchased Assets. This resource appears in the form of responses to a model questionnaire. The Model Asset Purchase Agreement and commentary refer to the Buyer and Seller as single "entities". In an asset purchase, the purchaser only acquires the assets and liabilities it identifies and agrees to acquire and assume from the seller.