The Purchased Assets shall be free and clear of all liens, liabilities, claims, and encumbrances, except as referred to in Section 1.1(c). Many translated example sentences containing "asset purchase agreement" – French-English dictionary and search engine for French translations.An Asset Purchase Agreement is an agreement between a buyer and a seller of a business as to the terms and conditions of the sale of the business. Find french speaking to english legal translation lawyers for Ohio to hire. Preclosing liabilities in the face of express contractual language in the asset purchase agreement to the contrary.