Sample Business Asset Purchase Agreement

Sample Business Asset Purchase Agreement

The next task is to identify the buyer or buyer. This is the party that provides a predetermined payment for the assets or assets involved. Write down the buyer`s name immediately after the word “buyer,” then the building number, street or street, and the number of the suite in the […] Buyer`s mailing address in the nearest available area. Note that this report indicates the buyer`s official name, therefore, if the buyer concerned is a commercial entity, make sure that you present your legal name, including terms of status such as “Corporation,” “Corp.” or “LLC,” for the equipment. Complete this article by specifying the buyer`s postal address and the state in which it is located in the last two lines of the “Buyer” section. The Asset Purchase Agreement model, which is displayed in the example, is available in all formats in which the buttons are displayed under this image. To access these documents for download in the format you want to work with, select the “PDF,” “Word” or “ODT” buttons. If the buyer`s payment is not fully paid and requires “property financing,” select the second cot box in the “VII.” Payment section. After selecting this option, you will continue with this statement to give some details on the financing terms. Article “A.) Look for the down payment (At the close)” then note all the money paid to the seller on the day of closing, on the empty line indicating the dollar symbol. Article “B.) “Interest rate” must be provided with the percentage of the principal willing to pay for compensation for obtaining the assets or assets.

Show this percentage to the empty line in this article. Provide the length of time the buyer is expected to pay the amount due in “C.) term” by typing the number of “months” or “years” allowed in the empty line, and then activate the checkbox “Month” or “years” to set the declared number. Finally, note the double-digit day of the month in which the payment due for financing must be paid on the blank line before the words “every month” in the last article of this section (“D.”). Payment due: on the… « ). PandaTip: The above type price structure can be adjusted depending on how the payment is received. This section can remain as if the buyer was paying entirely with an acquired loan.