At the Closing, Buyer shall pay the Purchase Price (after deduction and credit to Buyer for the Deposit) to Seller in immediately available federal funds. 1) payable to (escrow agent) .An APA is a legallybinding contract between a buyer and seller that finalizes the terms and conditions of an acquisition. Should it be approved, the asset purchase agreement will keep between 200 and 400 of the Top 100 retailer's stores open. The most important document in an asset deal is the Asset Purchase Agreement (the "APA"). In this article, I will discuss the key provisions of an APA. The proposed sale, which was approved on Dec. 31, would transfer between 200 and 400 Big Lots stores to Variety Wholesalers.