The Purchase Price shall be paid at the Closing as follows: (a). This Asset Purchase Agreement template sets out the terms and conditions upon which Seller shall effect the sale of asset(s) to Buyer.A simple form asset purchase agreement (APA) for the sale and purchase of a small business, operating from a single freehold site, as a going concern. I uploaded a simple asset purchase agreement to Docracy and thought I'd share it here. I drafted it with very small businesses in mind. All Contracts and contract rights of Seller relating to the Acquired Assets or the. TEMPLATE.Asset Purchase Agreement DRAFT. Establish terms for sale and purchase of an asset.