Asset Purchase Agreement Sample

The seller is the current owner of [Product Description]. The company (hereafter “the buyer”) wishes to purchase from the seller and the seller wishes to sell these products to the buyer only on the terms and conditions of this agreement, unless this has been agreed by both the buyer and the seller. The buyer must pay the seller the sum of [number of dollars” as the purchase price of the above. The total purchase price must be paid in cash at closing. 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. The seller is excused for delays in the supply and performance of other contractual obligations arising from this contract, resulting from acts or omissions that are not subject to proper control and are not attributable to the seller`s fault or negligence, including, but not limited, to embargoes, blockages, seizures or freezing of assets. , delays or refusals of an export licence or its suspension or revocation. , or other acts of government, fires, floods, bad weather or other acts of God, quarantines, work strikes or lockouts, unrest, riots, insurrection, civil disobedience, war, shortage of equipment or delays in deliveries to the seller by third parties. If the excusable delay circumstances are extended by six months, each party, at its choice, may terminate the order without penalty, liability and without delay or violation of that order. PandaTip: Use [Product Description] to indicate which resource is being sold. You can describe the asset and its condition later in the agreement.

With the exception of accepted contracts, the buyer assumes no obligation or responsibility of the seller and the seller remains responsible for all the seller`s debts. The buyer assumes no responsibility for the contracts adopted before the effective date. The seller is not liable for liability arising from the buyer`s activity after the actual time has expired. If the seller does not fully or not fully assert his rights in the event of a violation of this order, it is not considered to be a waiver of those rights with respect to such a violation or subsequent violation, nor is it a waiver of the acceptance of a payment or service. No waiver of a right applies to other rights that the seller may hold and such a waiver of a similar or similar violation does not extend. the management of the seller or an application filed or received by the seller under state or federal law with respect to bankruptcy, agreement, reorganization, bankruptcy or transfer to creditors. PandaTip: PandaDoc allows you and your customers to view and sign your suggestions with legally binding electronic signatures. All you need to do is assify each signature field to the appropriate recipient and you can sign from your computer, smartphone or tablet! PandaTip: To begin with, fill in the tokens that are in this model. Tokens are formatted as a [example] and allow you to add important information throughout the proposal in seconds.

Neither party surrenders this mandate or part of it without the prior written consent of the other party, whose consent is not unduly accepted. The non-cedant is not bound by the assignee of the undersigned party, unless such consent is obtained.

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