This form is an Asset Purchase Agreement. The seller agrees to sell to the buyer certain assets which are listed in the agreement. The form also provides that the buyer will not be responsible for any unfilled orders from the customers of the seller.
Asset Purchase In M\u0026amp;a In Cook
Category:
State:
Multi-State
County:
Cook
Control #:
US-00419
Format:
Word;
Rich Text
Instant download
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In an asset purchase, the buyer agrees to purchase specific assets and liabilities. This means that they only take on the risks of those specific assets.Seller has made available to Buyer accurate, correct and complete copies of all Real Property Leases and all amendments thereto. Asset purchase agreements can be a useful way to create a new business while leaving unwanted resources and potential issues with the seller. Asset purchases occur between a seller and buyer of a company's assets, including facilities, vehicles, equipment, stock, and inventory.