Buying or selling company assets? Use this Asset Purchase Agreement to finalize the terms of the transaction.An asset purchase agreement documents the terms of the sale of business assets from a seller to a buyer. The Purchase Price shall be paid at the Closing as follows: (a). This document is a draft asset purchase agreement. It outlines the sale of assets from a partnership firm to a company for operating a restaurant. This Asset Purchase Agreement template sets out the terms and conditions upon which Seller shall effect the sale of asset(s) to Buyer. A Simple Guide for Drafting of Conveyances in India : Forms of Conveyances and Instruments executed in the Indian sub-continent along with Notes and Tips. The purchase and sale agreement for the business entity or assets is a vital document.