Buying or selling company assets? Use this Asset Purchase Agreement to finalize the terms of the transaction.Form of China Asset Purchase Agreement. Exhibit B, –, Form of India Asset Purchase Agreement. Asset Purchase Agreements (APAs) are essential documents for asset sales, but they're far more complex than a simple transaction. An asset purchase agreement is a must for ensuring that the party gets the highest value from the sale or purchase of assets. An asset purchase agreement documents the terms of the sale of business assets from a seller to a buyer. This Asset Purchase Agreement template sets out the terms and conditions upon which Seller shall effect the sale of asset(s) to Buyer. This document is a business purchase agreement between two entities. It details the sale of a business from the Seller to the Buyer.