This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Model Asset Purchase Agreement With Commentary In North Carolina
Category:
State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
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The Model Asset Purchase Agreement with Commentary is the most comprehensive resource available for negotiating and documenting an asset purchase. Other than the Excluded Assets, Seller shall sell, transfer, convey, assign and deliver to Buyer, and.Seller agrees to sell and Buyer agrees to purchase, at the Closing (as defined in Section 1.7 hereof), all of the properties, assets and business of Seller. An asset purchase agreement is a legally binding contract between a buyer and a seller outlining the terms of transferring assets.