"Inbound License Agreement" means each Purchased Contract (other than a Material Contract) pursuant to which Seller receives a license to Intellectual Property. The documents you need to buy or sell a business depend on the structure (discussed here) and complexity of the deal as well as its specific terms.From BOLT TECHNOLOGY CORP filed with the Securities and Exchange Commission. This article discusses seven (7) types of seller liabilities that should concern a buyer when negotiating the purchase of a California business. Asset Purchase Agreements (APAs) are essential documents for asset sales, but they're far more complex than a simple transaction.