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.
Asset Purchase Agreement With Multiple Buyers In Palm Beach
Category:
State:
Multi-State
County:
Palm Beach
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
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An asset purchase agreement is a contract for the sale of a business or specific business assets. This guide will break down the ins and outs of asset purchase agreements for multiple owners, making this complex legal topic more digestible and actionable.The opening paragraph of an asset purchase agreement includes the buyer and seller's name and address as well as the date of signing. Buyer shall purchase all outstanding Accounts Receivable of the Business constituting Purchased Assets. Seller shall sell, convey, assign, transfer and deliver to Buyer, and Buyer shall purchase and acquire from Seller, free and clear of any Encumbrances. If there is a seller and a buyer, the contract must outline how much must be paid in the acquisition of the assets described in the document.