The Model Asset Purchase Agreement with Commentary is the most comprehensive resource available for negotiating and documenting an asset purchase. The Purchaser wishes to acquire from the Sellers, and the Sellers wish to sell to the Purchaser, certain assets of the Sellers relating to the Business.Establish procedures for issuance of purchase orders, and assignments of contracts; and approve all issuance of purchase orders and assignments of contracts in. A Practice Note providing commentary on key terms and conditions commonly found in asset purchase agreements. This model agreement points out several, but it does not delve into the more complicated tax issues. The Agreement for the Work will be written on the Owner's standard document 00520,. Agreement Form, a sample copy of which is provided in the Bidding Documents. 7.36 PURCHASE AGREEMENT: This RFP, written Agreement, and the corresponding. Purchase Orders will constitute the complete agreement. The Purchase Price shall be paid at the Closing as follows: (a).