The Asset Purchase Agreement with multiple buyers in San Antonio is a legal document outlining the terms under which a seller will transfer ownership of certain assets to one or more buyers. This form is designed to ensure clarity regarding the assets being bought — including equipment, inventory, contract rights, and goodwill — and also outlines the liabilities assumed by the buyer. Key features include provisions for the purchase price, payment terms, excluded assets, and necessary warranties from both parties about the legitimacy of the transaction. Filling and editing instructions emphasize the need to modify the agreement to fit specific circumstances and to delete inapplicable sections. The form is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants involved in business transactions, as it helps facilitate structured asset acquisitions while minimizing potential disputes. It is particularly relevant for those in San Antonio, providing a template that adheres to local legal requirements and business practices.