This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Asset Purchase For Company In Clark
Category:
State:
Multi-State
County:
Clark
Control #:
US-00418
Format:
Word;
Rich Text
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A bulk sale occurs outside the normal course of business of a seller. It may involve the sale of inventory, other assets of a business or both.WHEREAS, Seller wishes to sell, and Buyer has agreed to purchase, substantially all of the assets of the Business pursuant to the terms set forth herein. In an asset purchase transaction, the vendor is the company that owns the assets. An asset purchase agreement is a legal contract that outlines the terms of an agreement to transfer assets between parties. Buyer is acquiring the Purchased Assets for its own account for use in its trade or business, and not with a view toward or for sale in connection with any.