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Asset Sale Agreement Sample

The Seller is exempt from any delay in the provision and performance of other contractual obligations arising from this order, due to acts or omissions that are not subject to adequate control and without the fault or negligence of the Seller, including, but not limited to, State embargoes, freezes, seizures or freezing of assets, delays or refusal to grant an export license nz or suspension or revocation, or any other act of a government, fires, floods, bad weather or other cases of force majeure, quarantine, strikes or lockouts, riots, disputes, uprisings, civil disobedience, war, lack of equipment or delay in deliveries to the seller by third parties. If the circumstances of delay that can be recused extend by six months, either party may, after its election, terminate this order without penalty or liability and without delay or breach thereof. PandaTip: The above pricing structure can be adjusted based on receipt of payment. This section can remain as it is if the buyer pays in full with an acquired loan. This document is usually executed in cases of mergers and acquisitions in which an acquiring company acquires either the assets and/or shares of the company, or in cases where the buyer wishes to acquire the assets of a company to expand its own business. PandaTip: Use [Product Description] to indicate the asset that will be sold. You can describe the asset and its condition later in the agreement. The content of an asset sale agreement includes the description of the assets, the purchase price, the conditions precedent for the conclusion of the transaction, the closing date, the commitments of the parties after the conclusion and the covenants of the parties. This agreement also contains timetables for a detailed description of the parties` assets and covenants. The asset Sale and Purchase Agreement is different from a sale of shares and purchase agreement since, in the case of the sale of shares, the buyer or investor acquires the shares of the entity to which the assets belong, while the buyer acquires the assets of the company in a sale of assets. The prices shown here do not include amounts necessary to cover taxes or duties, including, but not limited to, federal, state, municipal excise duties, sales taxes or user fees or import duties on the production, sale, distribution or supply of goods or the provision of services under this Agreement.

All taxes or duties due and due under this Agreement are payable by buyer. Accordingly, the Seller reserves the right to change its price after the execution of this order between the parties in order to include any taxes or duties that may be due below, and the Seller may charge this additional amount to the Buyer. This clause also applies after the acceptance and full execution of this order by the parties. . . .