The Model Asset Purchase Agreement with Commentary is the most comprehensive resource available for negotiating and documenting an asset purchase. This model agreement points out several, but it does not delve into the more complicated tax issues.Model asset purchase agreement : with commentary. Hydroland and the CBLB are in the process of negotiating an enforceable asset purchase agreement. Facilities Management will not transfer any asset without completing. The Agreement is to effectuate the sale and transfer of all Seller's assets (the Acquired Assets) to Buyer. Ensuring that all of. A Practice Note providing commentary on key terms and conditions commonly found in asset purchase agreements.