The Model Asset Purchase Agreement with Commentary is the most comprehensive resource available for negotiating and documenting an asset purchase. Model asset purchase agreement : with commentary.The Purchase Price shall be paid at the Closing as follows: (a). Model Stock Purchase Agreement with Commentary, Second Edition. 1. Page. Article 1 DEFINITIONS. 1. Article 2 PURCHASE AND SALE OF ASSETS. 1. 3.1 Organization and Good Standing. The Model Asset Purchase Agreement and commentary refer to the Buyer and Seller as single "entities".