What is an APA in an acquisition?

An asset purchase agreement (also known as a 'business purchase agreement' or 'APA') is an agreement setting out the terms and conditions relating to the sale and purchase of assets in a company.

What should be included in an asset purchase agreement?

Parts of an Asset Purchase AgreementRecitals. The opening paragraph of an asset purchase agreement includes the buyer and seller's name and address as well as the date of signing.Definitions.Purchase Price and Allocation.Closing Terms.Warranties.Covenants.Indemnification.Governance.More items...

US Legal Forms
Localized Forms
Texas
Dallas
Agreement for Purchase of Business Assets from a Corporation

Purchase Agreement Employees

Name: Dallas Texas Agreement for Purchase of Business Assets from a Corporation
Brand: US Legal Forms
Rating: 4.76 (297 reviews)

Category:

Small Business - Business Sale

State:

Multi-State

County:

Dallas

Control #:

US-0082BG

Format:

Instant download

Description

A sale of a business is considered for tax purposes to be a sale of the various assets involved. Therefore it is important that the contract allocate parts of the total payment among the items being sold. For example, the sale may require the transfer of the place of business, including the real property on which the building(s) of the business are located. The sale might involve the assignment of a lease, the transfer of good will, equipment, furniture, fixtures, merchandise, and inventory. The sale may also include the transfer of the business name, patents, trademarks, copyrights, licenses, permits, insurance policies, notes, accounts receivables, contracts, and cash on hand and on deposit, and other tangible or intangible properties. It is best to include a broad transfer provision to insure that the entire business is being transferred to the Purchaser, with an itemization of at least the more important assets to be transferred.

Agreement for Accord and Satisfaction - Di...

View this form

Agreement Between Composer and Vocalist re...

View this form

Bargain and Sale Deed with Covenant Agains...

View this form

How to fill out Dallas Texas Agreement For Purchase Of Business Assets From A Corporation?

Are you looking to quickly create a legally-binding Dallas Agreement for Purchase of Business Assets from a Corporation or probably any other form to take control of your own or business affairs? You can select one of the two options: hire a legal advisor to draft a legal document for you or create it entirely on your own. The good news is, there's another solution - US Legal Forms. It will help you get neatly written legal papers without having to pay sky-high fees for legal services.

US Legal Forms provides a huge collection of more than 85,000 state-compliant form templates, including Dallas Agreement for Purchase of Business Assets from a Corporation and form packages. We provide templates for a myriad of use cases: from divorce paperwork to real estate documents. We've been out there for over 25 years and gained a rock-solid reputation among our customers. Here's how you can become one of them and get the necessary document without extra troubles.

First and foremost, double-check if the Dallas Agreement for Purchase of Business Assets from a Corporation is adapted to your state's or county's regulations.
In case the document includes a desciption, make sure to check what it's suitable for.
Start the searching process again if the document isn’t what you were seeking by utilizing the search bar in the header.
Select the subscription that is best suited for your needs and proceed to the payment.
Choose the file format you would like to get your document in and download it.
Print it out, complete it, and sign on the dotted line.

If you've already set up an account, you can simply log in to it, locate the Dallas Agreement for Purchase of Business Assets from a Corporation template, and download it. To re-download the form, just go to the My Forms tab.

It's easy to find and download legal forms if you use our catalog. Additionally, the paperwork we provide are updated by law professionals, which gives you greater peace of mind when writing legal affairs. Try US Legal Forms now and see for yourself!

Form Rating

4.76

Satisfied(297)

Form popularity

FAQ

An asset purchase agreement, also known as an asset sale agreement, business purchase agreement, or APA, is a written legal instrument that formalizes the purchase of a business or significant business asset. It details the structure of the deal, price, limitations, and warranties.

An asset purchase agreement (also known as a 'business purchase agreement' or 'APA') is an agreement setting out the terms and conditions relating to the sale and purchase of assets in a company.

What's Included in a Business Purchase Agreement?Term 1. Party Identification. This provision appears at the beginning of the business purchase agreement.Term 2. Business Description.Term 3. Financial Terms.Term 4. Sale.Term 5. Covenants.Term 6. Transfers.Term 7. Third-Party Brokers.Term 8. Closing.More items...

An asset purchase involves the purchase of the selling company's assets -- including facilities, vehicles, equipment, and stock or inventory. A stock purchase involves the purchase of the selling company's stock only.

Parts of an Asset Purchase AgreementRecitals. The opening paragraph of an asset purchase agreement includes the buyer and seller's name and address as well as the date of signing.Definitions.Purchase Price and Allocation.Closing Terms.Warranties.Covenants.Indemnification.Governance.More items...

In an asset sale the target's contracts are transferred to the buyer by means of assigning the contracts to the buyer. The default rule is generally that a party to a contract has the right to assign the agreement to a third party (although the assigning party remains liable to the counter-party under the agreement).

The asset purchase agreement is often drafted up towards the end of the negotiation stage, so that the parties can have a final record of their agreement. The document essentially operates as a contract, creating legally binding duties on each of the parties involved.

A business asset purchase agreement (APA) is a standard merger & acquisition contract that contains the terms for transferring an asset between parties. The terms in an APA provide key logistics about the deal (e.g., purchase price, closing date, payment, etc.) along with the rights and obligations of the parties.

The bill of sale is typically delivered as an ancillary document in an asset purchase to transfer title to tangible personal property. It does not cover intangible property (such as intellectual property rights or contract rights) or real property.

Interesting Questions

More info

Looking for a Dallas property management company? Contact us at 214-233-7572 for a FREE property assessment.The Dallas Business Journal features local business news about Dallas. An entity-purchase agreement controls the reassignment of ownership interest in a company in the event that a partner dies or otherwise leaves the business. Are you in need of a Dallas real estate litigation attorney? American Homes 4 Rent® offers welcoming rental homes that have been renovated and maintained to our Certified Property standards. Contracts: The contract between the two parties usually benefits the franchisor more than the franchisee. Berry Corporation (bry) Announces Entry into "Stalking Horse" Asset Purchase Agreement to Acquire California Assets of Basic Energy Services. At Markel, we're on a quest to build lasting relationships and one of the world's best holding companies for insurance, ventures, and investment operations. The services section of your contract discusses all services included in the agreement.

Purchase Agreement Employees

Description

Related forms

Viewed forms

How to fill out Dallas Texas Agreement For Purchase Of Business Assets From A Corporation?

Show more info

Form Rating

Form popularity

FAQ

What is included in an asset purchase agreement?

What is an APA in an acquisition?

What does an asset purchase agreement do?

What should be included in a business purchase agreement?

What is an asset purchase of a business?

What should be included in an asset purchase agreement?

What happens to contracts in an asset sale?

Is an asset purchase agreement binding?

What is a business asset purchase agreement?

Is an asset purchase agreement the same as bill of sale?

Interesting Questions

What is the Dallas Agreement for Purchase of Business Assets from a Corporation579248?

Why is the Dallas Agreement important?

What is the significance of purchasing business assets from a corporation?

What does the Dallas Agreement typically include?

Can the purchase price be negotiated?

What happens if the assets being purchased have existing liabilities?

More info

Trusted and secure by over 3 million people of the world’s leading companies