To Buyer a Letter of Credit in the amount set forth in the Credit Matrix. The terms of the Letter of.Asset purchase agreements can be a useful way to create a new business while leaving unwanted resources and potential issues with the seller. Use an asset-based loan in Utah to leverage your liquid assets and secure a home loan. Explore your asset-based lending options in Utah today! Part 1: Disclosures, due diligence (inspections), and credits. These are the initial tasks once a buyer is in contract, and are most often done in parallel. Find top rated Utah asset purchase agreement lawyers. Post your legal needs and get proposals from vetted lawyers in UT for your APA. An asset purchase agreement is a written legal instrument that formalizes the purchase of a business or significant business asset.